$6,200/mo - 111 Royal Palm Drive, Vaughan
Detached for Rent in Vaughan
Neighbourhood: Crestwood-Springfarm-Yorkhill
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- MLS Number
- N13810846
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- CENTURY 21 INNOVATIVE REALTY INC.
Welcome to this stunning, sun-filled 5-bedroom, 5-bathroom residence located in one of Vaughan's most sought-after communities (Crestwood-Springfarm-Yorkhill). Boasting a grand layout with 10 ft soaring ceilings and premium finishes, this property is designed for both elegant entertaining and comfortable family living. The main level features a grand foyer entrance, large sophisticated formal living & dining with wainscoting throughout and a cozy family room centered around a beautiful fireplace. The gourmet chef's kitchen serves as the heart of the home, fully equipped with high-end built in appliances (Subzero Fridge, Wolf Stove etc.), generous granite countertops, a center island, and a spacious breakfast area. The second floor features four good sized bedrooms with large windows. The gorgeous large master bedroom overlooks a juliet balcony and has a built in walk-in closet. The basement is fully finished, walk out with a separate entrance and exit offering plenty of natural light. The property boast 2 ensuite laundry units on the second floor and basement levels. This property offers a rare convenience for a growing family or multi-generational living. It is steps away from TTC/ YRT bus stops. Short drive to Centerpoint Mall and Promenade Mall, local grocery stores, cafes, and diverse restaurants. Surrounded by highly rated schools, community centers, and lush local parks, making it an ideal neighborhood for families. Don't miss the opportunity to live in this spectacular home! Tenant to pay 100% of the utilities.
Discover Crestwood-Springfarm-Yorkhill
Crestwood-Springfarm-Yorkhill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Crestwood-Springfarm-Yorkhill
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Crestwood-Springfarm-Yorkhill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
111 Royal Palm Drive, Vaughan
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $6,200/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Vaughan. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Vaughan.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Crestwood-Springfarm-Yorkhill
I know Crestwood-Springfarm-Yorkhill well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.