85 Cowan Drive, Vaughan

Price: $8,949,000

6 bedrooms, 8 bathrooms

5,000+ sqft

Property Type: Detached

MLS#: N12940788

Tastefully renovated 5+1 bedroom, 8 bathroom transitional estate backing onto holes 6 and 7 of The National Golf Club of Canada. Situated on a private 1+ acre lot with dual gated entrances, this residence offers exceptional privacy, mature landscaping, extensive stonework, and landscape lighting. Striking black glass entry and garage doors add a modern architectural presence. The interior features a grand reception hall with a 3-storey floating staircase, slab stone finishes, and marble fireplaces throughout. The thoughtfully designed layout includes a primary suite with a Fendi Casa-inspired walk-in closet and spa-like ensuite, along with ensuite bathrooms and built-in closets in all upper-level bedrooms. Designed for executive living and entertaining, the home offers 3+1 kitchens, 2 laundry rooms, and a fully equipped wellness area with heated floors, sauna, change room, powder room, and spa shower with direct access to the backyard. Additional features include media and games rooms, a home gym or nanny suite, and a dedicated space for a customized panic room. The resort-style backyard includes an in-ground pool, covered loggia with outdoor kitchen and fireplace, and multiple seating and dining areas. Expansive grounds provide privacy and flexibility for recreation or gardening. Parking for up to 15 vehicles, including a 3-car garage with lift-ready capability. A special offering combining privacy, scale, and refined finishes in a premier golf course setting.

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active
New Listing
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$8,949,000 - 85 Cowan Drive, Vaughan

Detached for Sale in Vaughan

New — Listed 5 days ago
6Beds
8Baths
5,000+Sq Ft
Detached
Property Details
MLS Number
N12940788
Property Type
Detached
Status
active
Days on Site
5
Bedrooms
6
Bathrooms
8
Square Feet
5,000+ sqft
Neighbourhood
Vaughan
Lot Size
1 sqft
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Tastefully renovated 5+1 bedroom, 8 bathroom transitional estate backing onto holes 6 and 7 of The National Golf Club of Canada. Situated on a private 1+ acre lot with dual gated entrances, this residence offers exceptional privacy, mature landscaping, extensive stonework, and landscape lighting. Striking black glass entry and garage doors add a modern architectural presence. The interior features a grand reception hall with a 3-storey floating staircase, slab stone finishes, and marble fireplaces throughout. The thoughtfully designed layout includes a primary suite with a Fendi Casa-inspired walk-in closet and spa-like ensuite, along with ensuite bathrooms and built-in closets in all upper-level bedrooms. Designed for executive living and entertaining, the home offers 3+1 kitchens, 2 laundry rooms, and a fully equipped wellness area with heated floors, sauna, change room, powder room, and spa shower with direct access to the backyard. Additional features include media and games rooms, a home gym or nanny suite, and a dedicated space for a customized panic room. The resort-style backyard includes an in-ground pool, covered loggia with outdoor kitchen and fireplace, and multiple seating and dining areas. Expansive grounds provide privacy and flexibility for recreation or gardening. Parking for up to 15 vehicles, including a 3-car garage with lift-ready capability. A special offering combining privacy, scale, and refined finishes in a premier golf course setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$39,584.45/mo

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5-yr fixed avg.

Principal: $7,159,200Interest: $4,716,134
Mortgage Amount$7,159,200
Total Interest$4,716,134
Est. Property Tax$6,339/mo
Total Cost$11,875,334

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

85 Cowan Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,600/mo
Range: $4,760 - $6,440
Cap Rate (ROI)
-0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,600
Maintenance Fees-$0
Property Tax (est.)-$6,339
Insurance (est.)-$1,864
Net Cash Flow-$2,603

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $1790/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Vaughan.

Bathroom Count Matters

With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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