$3,438,000 - 318 Centre Street, Vaughan
Detached for Sale in Vaughan
40 days on marketNeighbourhood: Uplands
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- MLS Number
- N13723964
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Lot Size
- 25,048 sqft
- Taxes (2025)
- $16,412
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to 318 Centre Street, Thornhill - a truly distinctive side-split residence showcasing modern architectural design in Vaughan's prestigious Uplands community. Set on an impressive and beautifully manicured 100 x 250 ft lot overlooking Oakbank Pond and surrounded by multi-million-dollar homes, this exceptional property offers a rare combination of architectural character, privacy, and an enviable setting. Designed with entertaining in mind, this one-of-a-kind home features soaring vaulted ceilings, dramatic floor-to-ceiling windows, and an abundance of natural light throughout. Multiple fireplaces create warmth and character, while the expansive layout offers exceptional spaces for hosting family and friends, including a party room, spa, bar, and several walkouts to a covered veranda and terrace. The private primary suite occupies its own level and features a luxurious 8-piece ensuite, a two-sided fireplace, and an exclusive walkout to a peaceful rooftop terrace overlooking the serene waters of Oakbank Pond. The finished, open-concept walkout lower level provides additional living and entertaining space, complementing the home's generous and versatile layout. With its unique architecture, expansive lot, seamless indoor-outdoor flow, and exceptional setting, this home presents tremendous potential for the discerning buyer. The property requires some TLC, with select areas offering opportunities for updating, improvements, or modifications to suit the new owner's personal style and vision. A rare opportunity to restore, customize, and enhance an extraordinary residence in one of Thornhill's most desirable settings, within Vaughan's prestigious Uplands community. Bring your vision and create a truly remarkable home surrounded by multi-million-dollar properties and overlooking the tranquil beauty of Oakbank Pond.
Estimate your monthly payments for this property
Estimated Payment
$15,207.43/mo
5-yr fixed avg.
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.
Discover Uplands
Uplands 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 Uplands
- •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
Uplands 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.
318 Centre Street, Vaughan
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1375/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 40 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 6 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 Uplands
I know Uplands 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.