246 Fifth Avenue, Vaughan

Price: $2,089,000

5 bedrooms, 4 bathrooms

3,000 - 3,499 sqft

Property Type: Detached

MLS#: N13664278

A remarkable expression of luxury, elegance in prestigious Weston Downs. Completely renovated & extensively upgraded, this executive residence sits on a spectacular 59' x 141' premium lot backing directly onto Rose Mandarino Park. Featuring a 3-car garage & parking for up to 8 vehicles. This home showcases quality craftsmanship & refined finishes. Including beautiful marble flooring, rich hardwood flrs, elegant crown molding, custom wall paneling & pot lighting through. A skylight in the upper hallway fills the home w/natural light. Custom kit features extensive cabinetry, large pantry, granite countertops, marble flooring, breakfast bar & s/s appliances including a gas range, French-door refrigerator, b/i micro, warming drawer & wine/beverage fridge. French drs provide access to the backyard. Formal liv & din rms, sophisticated main-floor office w/French ds & custom b/i desk/bookcase. Inviting fam rm w/gas fireplace & picturesque backyard views create exceptional spaces for fam gathering. Spacious main-flr laundry/mudroom features custom cabinetry, granite counter & sink, direct gar access, w/o to the backyard & sep staircase to the bsmt. Luxurious primary retreat offers a sitting area, closet, w/i closet & spa-inspired marble ensuite w/his-&-her vanities, makeup vanity, jetted soaker tub & oversized shower. 3 additional spacious bdrms complete the upper lvl. Impressive, fin bsmt features tall ceilings, abundant storage & a sep entrance. Features a spacious bdr with w/i closet, 3pc bath, rec rm w/gas f/p & a beautifully appointed second kit w/custom cabinetry, granite counters, s/s appliances & an oversized breakfast bar seating 8. Multiple storage closets, wine storage, cantina & large storage rm w/custom-built cubbies . Step outside to your own private resort, fully fenced backyard features mature landscaping, kidney-shaped saltwater pool, spacious deck, gazebo, elegant flagstone, gas BBQ hookup, large shed/changing room, outdoor shower and 2-piece bathroom.

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$2,089,000 - 246 Fifth Avenue, Vaughan

Detached for Sale in Vaughan

Popular Listing

Neighbourhood: East Woodbridge

5Beds
4Baths
3,000 - 3,499Sq Ft
Detached
Property Details
MLS Number
N13664278
Property Type
Detached
Status
active
Days on Site
12
Bedrooms
5
Bathrooms
4
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
Royal LePage Meadowtowne Realty Inc., Brokerage
Description

A remarkable expression of luxury, elegance in prestigious Weston Downs. Completely renovated & extensively upgraded, this executive residence sits on a spectacular 59' x 141' premium lot backing directly onto Rose Mandarino Park. Featuring a 3-car garage & parking for up to 8 vehicles. This home showcases quality craftsmanship & refined finishes. Including beautiful marble flooring, rich hardwood flrs, elegant crown molding, custom wall paneling & pot lighting through. A skylight in the upper hallway fills the home w/natural light. Custom kit features extensive cabinetry, large pantry, granite countertops, marble flooring, breakfast bar & s/s appliances including a gas range, French-door refrigerator, b/i micro, warming drawer & wine/beverage fridge. French drs provide access to the backyard. Formal liv & din rms, sophisticated main-floor office w/French ds & custom b/i desk/bookcase. Inviting fam rm w/gas fireplace & picturesque backyard views create exceptional spaces for fam gathering. Spacious main-flr laundry/mudroom features custom cabinetry, granite counter & sink, direct gar access, w/o to the backyard & sep staircase to the bsmt. Luxurious primary retreat offers a sitting area, closet, w/i closet & spa-inspired marble ensuite w/his-&-her vanities, makeup vanity, jetted soaker tub & oversized shower. 3 additional spacious bdrms complete the upper lvl. Impressive, fin bsmt features tall ceilings, abundant storage & a sep entrance. Features a spacious bdr with w/i closet, 3pc bath, rec rm w/gas f/p & a beautifully appointed second kit w/custom cabinetry, granite counters, s/s appliances & an oversized breakfast bar seating 8. Multiple storage closets, wine storage, cantina & large storage rm w/custom-built cubbies . Step outside to your own private resort, fully fenced backyard features mature landscaping, kidney-shaped saltwater pool, spacious deck, gazebo, elegant flagstone, gas BBQ hookup, large shed/changing room, outdoor shower and 2-piece bathroom.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$9,240.35/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,671,200Interest: $1,100,905
Mortgage Amount$1,671,200
Total Interest$1,100,905
Est. Property Tax$1,480/mo
Total Cost$2,772,105

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.

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Neighbourhood Guide: East Woodbridge

Discover East Woodbridge

East Woodbridge 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 East Woodbridge

  • 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

East Woodbridge 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

246 Fifth Avenue, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,200/mo
Range: $3,570 - $4,830
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,200
Maintenance Fees-$0
Property Tax (est.)-$1,480
Insurance (est.)-$435
Net Cash Flow+$2,285

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 $696/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.

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.

Larger Home Realities

At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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 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 East Woodbridge

I know East Woodbridge 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.

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    246 Fifth Avenue, Vaughan | $2,089,000 | Battaglia Team