$1,599,000 - 5 Rivington Avenue, Vaughan
Detached for Sale in Vaughan
Popular ListingNeighbourhood: Patterson
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- MLS Number
- N13822012
- Property Type
- Detached
- Status
- active
- Days on Site
- 13
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Taxes (2026)
- $7,739
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Welcome To This Absolutely Stunning 4+2 Bedroom Detached House In The Highly Sought-After Thornhill Woods Community! Featuring A Very Well-Designed Layout With 9' Ceilings On The Main Floor, A Bright And Spacious Open-To-Above Great Room With Balcony, Gleaming Hardwood Floors, And A Gourmet-Style Kitchen With Centre Island, Granite Countertops & Ceramic Backsplashes. All Upstairs 4 Bedrooms Are Generously Sized, With The Primary Bedroom Featuring An Elegant 5-Pc Ensuite & Walk-In Closet. Freshly Painted Throughout. Roof(2023). This Home Is Truly Move-In Ready! Enjoy The Spectacular Outdoor Space Featuring Two Mature Cherry Trees, A Paved Backyard Patio Area Perfect For Relaxing And Entertaining. The Professionally Finished Basement Offers A Separate Walk-Up Entrance, 2 Bedrooms, 1 Bathroom and 1 separate laundry, Providing Excellent Potential For Extended Family Living Or Rental Income. Basement Currently Leased To An Excellent & Respectful Family For $1,800/Month Plus 1/3 Utilities, With The Tenants Willing To Stay Or Move Out. Just Steps to Top-Ranked Stephen Lewis Secondary School, Library, Community Centre, Parks. Close to Grocery Stores, Retail, Restaurants, Rutherford GO Station, Hwy 7 & Hwy 407. A Wonderful Family House In One Of Thornhill Woods' Most Desirable Communities!
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/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.
5 Rivington Avenue, 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 $640/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.
Excellent Flexibility
With 6 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 Patterson
I know Patterson 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.
Investment Perspective
Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.