98 Ner Israel Drive, Vaughan

Price: $2,499,000

8 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: N12784236

Executive luxury residence situated on a premium corner lot in prime Thornhill Woods Built in 2009 & recently upgraded throughout this home offers 5,124 sq. ft. of living space 8 bedrooms & 7 bathrooms combining elegant design modern technology and outstanding income potential Striking brick and stone façade w/double-door entry & new stone stairs dramatic 2 storey foyer w/crystal chandelier Bright & spacious principal rooms 9' smooth ceilings pot lights waffle ceilings w/integrated lighting wainscotting crown mouldings oversized baseboards & a 2-sided gas fireplace heated marble flooring throughout main & lower levels & heated flooring in upper bathrooms Open concept living/dining areas ideal for entertaining complete w/walk-in coat closet & powder room w/floating vanity designer mirror & lighting Custom chef's kitchen w/large centre island granite countertops designer backsplash soft-close cabinetry w/pull-out drawers undercabinet lighting undermount sink & premium appliances including Wolf gas stove w/oven Built-in double ovens & microwave Sub-Zero fridge & wine cooler Asko dishwasher KitchenAid warming drawer & hood fan. Family room w/walk-out to deck surround sound wiring & projection TV/screen wiring Elegant wrought-iron circular staircase w/crystal chandelier leads to upper & basement Upper level features wide landing w/Romeo Juliet balcony 2 linen closets & 4 generous bedrooms Primary suite includes double-door entry custom walk-in closet & spa-inspired ensuite w/double vanity jacuzzi tub w/lighting oversized steam shower w/multiple jets & Kohler Numi smart bidet system Secondary bedrooms offer walk-in or double closets w/semi-ensuites & private ensuites

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$2,499,000 - 98 Ner Israel Drive, Vaughan

Detached for Sale in Vaughan

107 days on market
8Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
N12784236
Property Type
Detached
Status
active
Days on Site
107
Bedrooms
8
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Vaughan
Lot Size
5,299 sqft
Listing Brokerage
RE/MAX REALTRON RASHIDA DHALLA REALTY
Description

Executive luxury residence situated on a premium corner lot in prime Thornhill Woods Built in 2009 & recently upgraded throughout this home offers 5,124 sq. ft. of living space 8 bedrooms & 7 bathrooms combining elegant design modern technology and outstanding income potential Striking brick and stone façade w/double-door entry & new stone stairs dramatic 2 storey foyer w/crystal chandelier Bright & spacious principal rooms 9' smooth ceilings pot lights waffle ceilings w/integrated lighting wainscotting crown mouldings oversized baseboards & a 2-sided gas fireplace heated marble flooring throughout main & lower levels & heated flooring in upper bathrooms Open concept living/dining areas ideal for entertaining complete w/walk-in coat closet & powder room w/floating vanity designer mirror & lighting Custom chef's kitchen w/large centre island granite countertops designer backsplash soft-close cabinetry w/pull-out drawers undercabinet lighting undermount sink & premium appliances including Wolf gas stove w/oven Built-in double ovens & microwave Sub-Zero fridge & wine cooler Asko dishwasher KitchenAid warming drawer & hood fan. Family room w/walk-out to deck surround sound wiring & projection TV/screen wiring Elegant wrought-iron circular staircase w/crystal chandelier leads to upper & basement Upper level features wide landing w/Romeo Juliet balcony 2 linen closets & 4 generous bedrooms Primary suite includes double-door entry custom walk-in closet & spa-inspired ensuite w/double vanity jacuzzi tub w/lighting oversized steam shower w/multiple jets & Kohler Numi smart bidet system Secondary bedrooms offer walk-in or double closets w/semi-ensuites & private ensuites

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,053.92/mo

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5-yr fixed avg.

Principal: $1,999,200Interest: $1,316,976
Mortgage Amount$1,999,200
Total Interest$1,316,976
Est. Property Tax$1,770/mo
Total Cost$3,316,176

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

98 Ner Israel Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,650/mo
Range: $4,803 - $6,497
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,650
Maintenance Fees-$0
Property Tax (est.)-$1,770
Insurance (est.)-$521
Net Cash Flow+$3,359

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $714/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 107 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 3,500 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 8 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 7 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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    98 Ner Israel Drive, Vaughan | $2,499,000 | Battaglia Team