255 Matthew Drive, Vaughan

Price: $1,335,500

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13714910

Welcome to this lovingly maintained East Woodbridge detached home, proudly offered for the first time by its original owner! From the moment you arrive, the exceptional pride of ownership shines. Beautiful hardwood flooring flows throughout the main level and continues along the staircase, complemented by elegant metal spindles and thoughtful updates throughout.The updated kitchen is designed for both everyday living and effortless entertaining, featuring granite countertops, a centre island, stainless-steel appliances, and an impressive six-burner gas stove.Step outside to your own private summer retreat! The beautifully landscaped backyard features an in-ground saltwater pool and an expansive stamped-concrete patio, perfect for summer gatherings, family barbecues, or simply relaxing poolside in your own private oasis.The finished basement offers exceptional versatility with two additional bedrooms, a three-piece ensuite, and a kitchen rough-in, making it ideal for extended family, multigenerational living, or guest space.Numerous updates provide added comfort and peace of mind, including windows with integrated security sensors, the front door, roof, a/c, kitchen, washer/dryer, security system, and newly completed exterior front steps.Ideally situated in one of East Woodbridge's most desirable communities, just steps from top-rated schools, parks, a community centre, shopping, restaurants, transit, and everything Downtown Woodbridge has to offer, with convenient access to the subway and major highways.A rare opportunity to own a beautifully cared-for home filled with warmth, character, and space for the entire family. This is more than a house, it's where your next chapter begins.

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active

$1,335,500 - 255 Matthew Drive, Vaughan

Detached for Sale in Vaughan

42 days on market

Neighbourhood: East Woodbridge

5Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13714910
Property Type
Detached
Status
active
Days on Site
42
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Vaughan
Taxes (2026)
$5,829
Listing Brokerage
RE/MAX EXPERTS
Description

Welcome to this lovingly maintained East Woodbridge detached home, proudly offered for the first time by its original owner! From the moment you arrive, the exceptional pride of ownership shines. Beautiful hardwood flooring flows throughout the main level and continues along the staircase, complemented by elegant metal spindles and thoughtful updates throughout.The updated kitchen is designed for both everyday living and effortless entertaining, featuring granite countertops, a centre island, stainless-steel appliances, and an impressive six-burner gas stove.Step outside to your own private summer retreat! The beautifully landscaped backyard features an in-ground saltwater pool and an expansive stamped-concrete patio, perfect for summer gatherings, family barbecues, or simply relaxing poolside in your own private oasis.The finished basement offers exceptional versatility with two additional bedrooms, a three-piece ensuite, and a kitchen rough-in, making it ideal for extended family, multigenerational living, or guest space.Numerous updates provide added comfort and peace of mind, including windows with integrated security sensors, the front door, roof, a/c, kitchen, washer/dryer, security system, and newly completed exterior front steps.Ideally situated in one of East Woodbridge's most desirable communities, just steps from top-rated schools, parks, a community centre, shopping, restaurants, transit, and everything Downtown Woodbridge has to offer, with convenient access to the subway and major highways.A rare opportunity to own a beautifully cared-for home filled with warmth, character, and space for the entire family. This is more than a house, it's where your next chapter begins.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,907.37/mo

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5-yr fixed avg.

Principal: $1,068,400Interest: $703,810
Mortgage Amount$1,068,400
Total Interest$703,810
Est. Property Tax$946/mo
Total Cost$1,772,210

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

255 Matthew Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$946
Insurance (est.)-$278
Net Cash Flow+$2,376

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

Fair Market Value

At $890/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 42 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 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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    255 Matthew Drive, Vaughan | $1,335,500 | Battaglia Team