181 Parktree Drive Unit 40, Vaughan

Price: $949,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Condo

MLS#: N13657906

* Bright & Spacious Townhome In Heart Of Vaughan ! * 2500 Sf + Walk Out To Backyard * Forest View * Open Concept * 3 Bedroom + Den * Spacious Rooftop Terrace Overview The Forest And Wonderland * Great Location Close To Highway 400 & 407, Wonderland, Schools, Vaughan Mills, Vaughan Metropolitan Subway Extension, Go Train Station, And More *

181 Parktree Drive Unit 40 - Condo photo 1 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 2 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 3 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 4 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 5 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 6 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 7 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 8 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 9 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 10 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 11 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 12 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 13 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 14 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 15 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 16 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 17 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 18 of 19 in Vaughan, Ontario
181 Parktree Drive Unit 40 - Condo photo 19 of 19 in Vaughan, Ontario
active
1/19

$949,000 - 181 Parktree Drive Unit 40, Vaughan

Condo for Sale in Vaughan

58 days on market

Neighbourhood: Maple

4Beds
4Baths
2,500 - 2,999Sq Ft
Condo

Want to see this home in person?

Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
N13657906
Property Type
Condo
Status
active
Days on Site
58
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Vaughan
Taxes (2026)
$4,046
Maintenance Fees
$375/mo
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
TRADEWORLD REALTY INC
Description

* Bright & Spacious Townhome In Heart Of Vaughan ! * 2500 Sf + Walk Out To Backyard * Forest View * Open Concept * 3 Bedroom + Den * Spacious Rooftop Terrace Overview The Forest And Wonderland * Great Location Close To Highway 400 & 407, Wonderland, Schools, Vaughan Mills, Vaughan Metropolitan Subway Extension, Go Train Station, And More *

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,868.86/mo

Includes CMHC insurance ($26,477)

$
$
5%10%50%

5-yr fixed avg.

Principal: $854,100Interest: $580,081
Mortgage Amount$880,577
Total Interest$580,081
Est. Property Tax$672/mo
Total Cost$1,460,659

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: Maple

Discover Maple

Maple 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 Maple

  • •Convenient location in Vaughan
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Maple 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.

70
Walk Score
Varies
Price Range

181 Parktree Drive Unit 40, Vaughan

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,360/mo
Range: $3,706 - $5,014
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,360
Maintenance Fees-$375
Property Tax (est.)-$672
Insurance (est.)-$198
Net Cash Flow+$3,115

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $380/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 58 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $375/month fees should cover building insurance, common elements, and reserve contributions.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 Maple

I know Maple 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.

Similar Properties Nearby

Active listings in Vaughan with similar features

Search
Log in
    MLS# N13657906 — 181 Parktree Drive Unit 40 | Battaglia Team