24 Rainbow Drive, Vaughan, ON

$1,149,500
MLS#:N12527568
4 beds
4 baths
2500-3000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of West Woodbridge. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $1,149,500 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 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 30.1 x 129 ft lot
  • Features a walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient built-in configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Location! Location! Location! Bright shiny and modern in prestigious Woodbridge and most importantly affordable! This 4 bedroom and 4 bathroom is brand new and the occupancy permit is attached. There are a few finishing touches required but its ready to go all majors done. Soaring ceilings, incredible bathrooms, bright and airy all the way through with open plan living across the multiple levels; ideal for large families who like to entertain. A walk up from the basement from the ample back yard gives the opportunity for an income apartment or an in law suite. Ideally Located in in the Centre of Woodbridge with easy access to major highways, public transit, great schools, airport, shopping, churches, and all your amenities. Sleek, Convenient and Affordable so don't miss out on this one! **Taxes will be re assessed ** Buyer to finish remaining above mentioned finishes** Viewings in daylight only as hydro not tirned on.

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Property Summary

This detached home located at 24 Rainbow Drive, Vaughan is currently for sale and has been available on SousaSells for 248 days. This property is listed at $1,149,500 with an estimated mortgage of $3,826* per month. It has 4 beds, 4 bathrooms, and is 2500-3000 square feet. 24 Rainbow Drive, Vaughan is in the West Woodbridge neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 23, 2025
Sold price information is available to members only
Listed Date11/10/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Stone
BasementWalk-Up
Lot Size30.1 × 129 Feet
CountyYork
Annual Tax$4,000
Legal DescriptionPt Lot 40 & Pt lot 41 Plan 2073 des pt 2 65R39150

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeBuilt-In

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, Hospital, Library, Place Of Worship, Rec./Commun.Centre, School

Interior Features

Carpet Free

Security Features

Community Features

Location

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24 Rainbow 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 24 Rainbow Drive, Vaughan, ON L4L 2K2

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$344,850 (30.0%)
* Minimum Canadian down payment required for this price is $229,900.
Amortization Period30 Years
Estimated Monthly Payment$3,826Based on a loan of $804,650 over 30 years.
Purchase Price$1,149,500
Loan Amount$804,650
Provincial Land Transfer Tax:$19,465
Total Estimated Closing Taxes:$19,465

About Purchasing a Home in Vaughan, ON

For a property listed at $1,149,500 in Vaughan, the legal minimum down payment is $229,900 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 $19,465 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 $19,465.

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City & Neighborhood Guide

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

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$1,136,592

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

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.