29 Royalpark Way, Vaughan, ON

$1,275,000
MLS#:N9370744
4 beds
4 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Elder Mills. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,275,000 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 4 Bathrooms
  • Premium 33.91 x 206.3 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Amazing 3 Bedroom *Detached Home in the Great Potential in the High Demand Area of Elder Mills on an Oversized Very Private Lot. Huge Potential, Great Layout 1722 Square Feet as per MPAC, Spacious White Kitchen, Main Floor Laundry Room with Direct Access to the Garage, Pot Lights, Hardwood On Main And Upper Floor, Laminate In Basement, Roof (2012) Furnace (2021), Hwt Rental (2024) **Owned, Newer Driveway & Interlocking 2018, Huge Backyard and Deck For Entertaining (deck is as/is). Finished Basement With an In-Law Suite, Including a New Modern 4pc Washroom and Extra Storage. Great Schools in the Area, Close To Shopping, Transit, All Amenities, and Highways. Do Not Miss This One, Show and Sell

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Property Summary

This detached home located at 29 Royalpark Way, Vaughan is currently for sale and has been available on SousaSells for 655 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 29 Royalpark Way, Vaughan is in the Elder Mills neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 19, 2024
Sold price information is available to members only
Listed Date9/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size33.91 × 206.3 Feet
CountyYork
Annual Tax$5,032.48
Legal DescriptionLot 17,Plan 65M3157, S/T ease in favour of LT 18 Pl 65M3157 over PT 12 65R19573 as in LT1222105. T/W ROW OVER PT LT 16 PL 65M3157 PT 11 65R19573 AS

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Park, Public Transit, School, School Bus Route

Interior Features

Other

Security Features

Community Features

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Location

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29 Royalpark Way, 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 29 Royalpark Way, Vaughan, ON L4H 1J5

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$382,500 (30.0%)
* Minimum Canadian down payment required for this price is $255,000.
Amortization Period30 Years
Estimated Monthly Payment$4,244Based on a loan of $892,500 over 30 years.
Purchase Price$1,275,000
Loan Amount$892,500
Provincial Land Transfer Tax:$21,975
Total Estimated Closing Taxes:$21,975

About Purchasing a Home in Vaughan, ON

For a property listed at $1,275,000 in Vaughan, the legal minimum down payment is $255,000 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 $21,975 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 $21,975.

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City & Neighborhood Guide

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

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$1,554,401

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.