5970 Rutherford Road, Vaughan, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of West Woodbridge Industrial Area. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,888,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 205.15 x 635.85 ft lot size
Description
Approximately 4.552 acres offering a rare opportunity to build a custom home on a natural high plateau. The property features mature tree cover and gentle elevation, creating a private setting with a sense of space and separation that is increasingly difficult to find.The elevated portion of the land offers an ideal location for a future residence, enabling a design that takes advantage of light and views, and surrounding greenery. The original home's foundation, along with a separate concrete garage foundation, remains in place and may support new construction, subject to all applicable approvals and due diligence.Set back from the road yet conveniently located just minutes from Highway 27, Rutherford Road, and nearby amenities, the property offers a quiet environment without sacrificing accessibility.Well-suited for a custom residence or long-term hold in an area of continued growth.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5970 Rutherford Road, Vaughan, ON L4L 1A7
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About Purchasing a Home in Vaughan, ON
For a property listed at $2,888,000 in Vaughan, the legal minimum down payment is $577,600 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 $58,675 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 $58,675.
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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.