16 Michelle Drive, Vaughan, ON

$1,000,000
MLS#:N8451714
3 beds
3 baths
4.0 parking
Residential Freehold
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⚠️

Property no longer active

This property was sold on June 25, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of East Woodbridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,000,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 19.69 x 98.43 ft lot size
  • Features a finished with walk-out 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: Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Great value in fabulous location! Arista built freehold townhome on quiet street. Many updates! Spotless and ready for you to move in! Functional bright floor plan. Updated family size kitchen combined with breakfast room featuring granite counters, custom island and pot lights. 3 bright spacious bedrooms with gleaming parquet flooring. Primary bedroom features a 3 pc ensuite and walk in closet. Professionally finished recreation room on lower level with walk out to patio and rear yard. Beautifully landscaped! Located steps to highly ranked Blue Willow Public School, parks, shops, dog park, and award winning restaurants. Minutes to Hwys 400 and 407. The perfect home in the perfect location. Ideal for first time buyers or empty nesters. Don't miss this opportunity! A++++

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Property Summary

This townhouse located at 16 Michelle Drive, Vaughan is currently for sale and has been available on SousaSells for 758 days. This property is listed at $1,000,000 with an estimated mortgage of $3,329* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 16 Michelle Drive, Vaughan is in the East Woodbridge neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 25, 2024
Sold price information is available to members only
Listed Date6/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished with Walk-Out
Lot Size19.69 × 98.43 Feet
CountyYork
Annual Tax$3,475.47
Legal DescriptionPlan 65M3084 Pt Blk 23 RS65R19345 Parts 9 & 11

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Water Heater

Security Features

Community Features

Location

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16 Michelle Drive, 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 16 Michelle Drive, Vaughan, ON L4L 9B8

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.

Market Trend
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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$300,000 (30.0%)
* Minimum Canadian down payment required for this price is $200,000.
Amortization Period30 Years
Estimated Monthly Payment$3,329Based on a loan of $700,000 over 30 years.
Purchase Price$1,000,000
Loan Amount$700,000
Provincial Land Transfer Tax:$16,475
Total Estimated Closing Taxes:$16,475

About Purchasing a Home in Vaughan, ON

For a property listed at $1,000,000 in Vaughan, the legal minimum down payment is $200,000 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 $16,475 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 $16,475.

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City & Neighborhood Guide

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

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$1,850,453

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

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.