401 Kleinburg Summit Way, Vaughan, ON
Property Highlights
Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Kleinburg. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 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 4 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 20 x 113 ft lot
- Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 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
Opportunities like this very rarely come to the market. Lucrative investment opportunity, location, & rare find! Welcome to this gorgeous live/work townhome in the prestigious community of Kleinberg. The residential portion of this property contains approximately $65,000 worth of high end upgrades and finishes throughout. Newly renovated in 2024, accent walls, new flooring, new stairs and pickets, fully upgraded and redesigned oasis like washroom, with new faucets/shower head, vanity, stand up shower, & exquisite finishes.. This property boasts approximately 2500Sqft in the residential portion, with a 600 square feet, self contained retail area W/P parking & extra storage space in the basement. features 10 foot ceilings on the main level, 9 foot ceilings on the 2nd level. You have a gourmet kitchen with granite countertop Island, which also walks out to a beautiful terrace! The master bedroom contains its own heavenly, 5 piece ensuite washroom with soaker tub, and also a Juliette balcony. This beautiful home comes fully furnished, making it convenient for you to turn-key and move in! Don't miss this one. **EXTRAS** The commercial portion is currently occupied to a AAA+ Tenant offering a 5+5 year lease term, generating $2,750 per month (YEAR 1) with a 4% yearly increase & pays 30% utilities , the tenant has spent thousands on leasehold improvements.
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Property Summary
This townhouse located at 401 Kleinburg Summit Way, Vaughan is currently for sale and has been available on SousaSells for 496 days. This property is listed at $1,599,000 with an estimated mortgage of $5,322* per month. It has 3 beds, 4 bathrooms, and is 3000-3500 square feet. 401 Kleinburg Summit Way, Vaughan is in the Kleinburg neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
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Features
Property Features
Arts Centre, Hospital, Library, Park, School, Terraced
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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 401 Kleinburg Summit Way, Vaughan, ON L4H 4T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Vaughan, ON
For a property listed at $1,599,000 in Vaughan, the legal minimum down payment is $319,800 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 $28,455 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 $28,455.
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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.