$2,288,000 - 402 Farrell Road, Vaughan
Detached for Sale in Vaughan
New — Listed yesterdayNeighbourhood: Patterson
- MLS Number
- N13525144
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Welcome to this exceptionally beautiful two-storey detached residence in the prestigious Upper Thornhill Estates community of Patterson. Step inside to a 12ft grand foyer with porcelain tile flooring and soaring 10-foot ceilings on the main level, creating a bright and airy setting. 8" hardwood floors run throughout the living areas, hallways, and bedrooms, complemented by extensive moulding, wainscoting, and refined millwork throughout the home. Designed for both entertaining and everyday living. The home features an elegant formal living room with a modern-patterned ceiling, a dining room with an extended tray ceiling, and a dramatic family room with a waffle ceiling and double-sided fireplaces. The chef's kitchen showcases a large centre island, premium cabinetry, complete with Miele appliances, and the spacious breakfast area with French doors overlooks the lush natural setting. Upstairs, enjoy 9-foot ceilings and five spacious bedrooms and 3 bathrooms with and a walk-in closet. Additional highlights included UV protected film on all windows, as well as a full exterior camera system, offering enhanced security and peace of mind. A rare opportunity to own a clean turn-key luxury home in one of Vaughan's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$10,120.60/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 Patterson
Patterson 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 Patterson
- •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
Patterson 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.
402 Farrell Road, 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
Competitive Pricing
At $763/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.