122 Monterey Road, Vaughan, ON

$1,399,000
MLS#:N9374314
4 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Sonoma Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 40.07 x 109.33 ft lot
  • Features a finished with walk-out, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautiful detached raised-bungalow is located in the sought after Sonoma Heights Community where amenities are close for the entire family to enjoy! The layout is perfect with 9ft ceilings, 3 bedrooms, 2 bathrooms, spacious eat-in kitchen with S/S Appliances & Island with access to w/o deck. A perfect layout for family and entertaining with a large dining room that flows into the family room with a built-in wall unit and another w/o balcony/porch area. The finished basement is Above-grade with two additional bedrooms, a full bathroom, kitchen, separate laundry, dining room, living room, with a beautiful w/o to a fenced and concrete backyard area, a garden shed, additional storage/entertaining area and above-ground pool to enjoy. Amenities close by are Park, Tennis, Baseball, Park/Splash Pad, Skating Park, Schools, Shops, Grocery, Restaurants, Hospital, McMichael Art Gallery, Library, Community Centre, HWY 400/27/427 and many more to explore!

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Property Summary

This detached home located at 122 Monterey Road, Vaughan is currently for sale and has been available on SousaSells for 653 days. This property is listed at $1,399,000 with an estimated mortgage of $4,657* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 122 Monterey Road, Vaughan is in the Sonoma Heights neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 9, 2024
Sold price information is available to members only
Listed Date9/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionBrick
BasementFinished with Walk-Out, Separate Entrance
Lot Size40.07 × 109.33 Feet
CountyYork
Annual Tax$5,484
Legal DescriptionPLAN 65M3305 LOT 241

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Arts Centre, Fenced Yard, Hospital, Library, Park, School

Interior Features

Other

Security Features

Community Features

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Location

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122 Monterey Road, Vaughan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 122 Monterey Road, Vaughan, ON L4H 1V8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.

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Interest Rate4.00%
Down Payment$419,700 (30.0%)
* Minimum Canadian down payment required for this price is $279,800.
Amortization Period30 Years
Estimated Monthly Payment$4,657Based on a loan of $979,300 over 30 years.
Purchase Price$1,399,000
Loan Amount$979,300
Provincial Land Transfer Tax:$24,455
Total Estimated Closing Taxes:$24,455

About Purchasing a Home in Vaughan, ON

For a property listed at $1,399,000 in Vaughan, the legal minimum down payment is $279,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,455 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,455.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Sonoma Heights, Vaughan.

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$1,282,494

People & Families

Age Distribution

Household Composition

One-person households
15%
Families with children
52%
Couples without children
28%
Other households
5%

Top Ethnic Origins

Italian35%
Canadian10%
Russian8%
Chinese6%

Local Schools Guide

Elementary Schools

St Michael the Archangel
Public161 Via Campanile, Vaughan, Ontario, L4H 3J8
7.1
Pierre Berton
Public470 Via Campanile, Vaughan, Ontario, L4H 0X9
8.2
Guardian Angels
Public200 Lawford Road, Vaughan, Ontario, L4H 0Z5
7.7

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied86%
Rented14%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.