463 Vaughan Road, Toronto, ON

Oakwood Village, Toronto · MLS® C14089544

$2,488,000
For Sale
Listed 3 days agoNo offer date stated
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About this home

In short

  • Prestigious Corner Development Opportunity | 463 Vaughan Road, Toronto.
  • 463 Vaughan Road presents exceptional potential for developers, investors, and visionary builders seeking to capitalize on the area's continued growth and transformation.
  • Currently vacant land and not yet entitled, the property offers the potential to explore a boutiquedevelopment of approximately six townhomes or an apartment or...

Prestigious Corner Development Opportunity | 463 Vaughan Road, Toronto. A rare opportunity to acquire a prominent corner parcel in a rapidly evolving Toronto neighbourhood. 463 Vaughan Road presents exceptional potential for developers, investors, and visionary builders seeking to capitalize on the area's continued growth and transformation. Currently vacant land and not yet entitled, the property offers the potential to explore a boutiquedevelopment of approximately six townhomes or an apartment or condominium building of up to eightstoreys, subject to municipal approvals, zoning, and all applicable planning requirements. With new homes emerging throughout the surrounding area and an increasingly affluent buyerdemographic driving demand, this is an opportunity to secure a strategic parcel for long-term land for banking, the possibilities are compelling. Opportunities of this calibre are rarely offered for sale. Secure a prestigious corner property with significant future potential and position yourself to participate in the next chapter of this growing Toronto neighbourhood.

Key facts

Property type
Other, Other
MLS®
C14089544
Lot
61.68 × 127.39 ft
Cross streets
Vaughan & Atlas
Exterior
Other
Property tax
$11,234 / 2026
Days on market
3
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is J R Wilcox Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Oakwood Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wychwood
$1.28M
Dovercourt-Wallace Emerson-Junction
$728K
Leaside
$2.80M
Waterfront Communities C1
$637K
Church-Yonge Corridor
$549K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near J R Wilcox Community School
72%
J R Wilcox Community SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 72% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Humewood Community School · Public elementary0.6 km · 75% at standard
St Alphonsus Catholic School · Catholic elementary0.7 km · 74% at standard
D'Arcy McGee Catholic School · Catholic elementary0.8 km · 48% at standard
Cedarvale Community School · Public elementary0.8 km · 85% at standard
Rawlinson Community School · Public elementary0.8 km · 63% at standard
St Clare Catholic School · Catholic elementary1.3 km · 72% at standard
McMurrich Junior Public School · Public elementary1.3 km · 81% at standard
St John Bosco Catholic School · Catholic elementary1.3 km · 65% at standard
Fairbank Public School · Public elementary1.3 km · 59% at standard
Stella Maris Catholic School · Catholic elementary1.4 km · 76% at standard
Winona Drive Senior Public School · Public elementary1.4 km
West Preparatory Junior Public School · Public elementary1.5 km · 77% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$11,339/mo
$464KIncome needed
5.4×Price ÷ income
$2,617Weekly cost
$97,350Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $11,339Property tax $936Total carry $12,276

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,005per month

Mortgage amount $1,990,400 · 4.49% over 25 years

$497,600Down payment (20.0%)
$1,990,400Loan before insurance
$0CMHC premium
$11,941Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,005
Property tax
$936
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,941

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$48,675
Toronto municipal land transfer tax
$48,675
Estimated closing costs
$97,350

Plus your down payment of $497,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$13,320/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,311,179Total interest paid
$3,301,579Total of all payments
Principal $1,990,400 Interest $1,311,179
YearPrincipalInterestBalance
1$44,417$87,646$1,945,983
2$46,434$85,629$1,899,549
3$48,542$83,521$1,851,007
4$50,746$81,317$1,800,260
5$53,050$79,013$1,747,210
6$55,459$76,604$1,691,751
7$57,977$74,086$1,633,774
8$60,610$71,454$1,573,164
9$63,361$68,702$1,509,803
10$66,238$65,825$1,443,564
11$69,246$62,817$1,374,319
12$72,390$59,673$1,301,929
13$75,677$56,387$1,226,252
14$79,113$52,951$1,147,140
15$82,705$49,359$1,064,435
16$86,460$45,603$977,975
17$90,385$41,678$887,590
18$94,489$37,574$793,101
19$98,779$33,284$694,321
20$103,264$28,799$591,057
21$107,953$24,110$483,104
22$112,855$19,209$370,249
23$117,979$14,085$252,270
24$123,335$8,728$128,935
25$128,935$3,128$0

At the end of your 5-year term

Total paid over the term
$660,316
Principal paid down
$243,190
Interest paid
$417,126
Balance remaining
$1,747,210

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,650/mo
$31,800Gross annual rent
0.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.3%
Gross yield
− Property tax $11,234− Insurance $1,400− Vacancy & upkeep $3,498Net operating income $15,668

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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