68 Lavender Place, Vaughan, ON

East Woodbridge, Vaughan · MLS® N12931218

$1,039,000
For Sale
Listed 206 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this spacious and inviting 4-bedroom, 3-bathroom home in a highly desirable location.
  • The main floor features open-concept living and dining, a cozy fireplace, and a walkout to an extended sundeck with built-in seating-perfect for summer BBQs.
  • Upstairs offers a generous primary bedroom with 3-piece ensuite, plus well-sized additional bedrooms and another3-piece bathroom.
  • The finished basement includes a wet bar, rec room, laundry, and storage.
  • Steps to highly ranked Blue Willow School and Giovanni Caboto Park, with walking distance to public transit and plazas.

Welcome to this spacious and inviting 4-bedroom, 3-bathroom home in a highly desirable location! The main floor features open-concept living and dining, a cozy fireplace, and a walkout to an extended sundeck with built-in seating-perfect for summer BBQs. Upstairs offers a generous primary bedroom with 3-piece ensuite, plus well-sized additional bedrooms and another3-piece bathroom. The finished basement includes a wet bar, rec room, laundry, and storage. Inside access to the garage with shelving and extended driveway for up to four cars. Steps to highly ranked Blue Willow School and Giovanni Caboto Park, with walking distance to public transit and plazas. Just a short drive to Vaughan Metropolitan Centre subway station, Vaughan Mills, community centers, Costco, and IKEA. Easy access to Highways 7, 400, and 407.

Key facts

Property type
Detached, 2-Storey
MLS®
N12931218
Bedrooms
4
Bathrooms
3
Size
1500-2000 sq ft
Lot
32.94 × 73.82 ft
Cross streets
Highway 7 / Weston Rd
Parking
1 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,697 / 2025
Days on market
206
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenMain3.66 × 2.56 m

ceramic floor · open concept · family size kitchen

Living RoomMain4.21 × 3.05 m

parquet · gas fireplace · w/o to deck

Bedroom 2Upper4.21 × 3.78 m
Dining RoomMain3.29 × 2.50 m

ceramic floor · open concept

BedroomMain3.66 × 3.20 m

parquet · bow window

RecreationBasement8.23 × 4.27 m

open concept · wet bar

Primary BedroomUpper6.10 × 4.27 m

hardwood floor · walk-in closet(s) · 3 pc ensuite

Bedroom 3Upper2.74 × 2.03 m

hardwood floor · window

LaundryBasement2.74 × 2.13 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$997Klikely sale price

Listed at $1,039,000. Going by how homes in East Woodbridge have actually closed against their asking prices (about 96%, 43 local closings in 90 days), the likely sale price is near $997K, if it sells. A realistic range is $935K to $1.12M.

Independent value check: $1.04M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $979K and $1.09M).

Why $1.04M. The typical detached home sold in East Woodbridge over the past year went for about $1.39M (109 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,697 a year; the typical home sold here pays about $6,300.
  • ▼ Lowers it slightly4 bedrooms and 3 baths, against 4+1 and 4 typically.
  • ▼ Lowers it slightly1 garage and 4 total parking spaces, against 2 and 6 typically.
List price
$935KBelow recent closings$1.12MAbove recent closings

Total price vs nearby homes. Likely closing about $997K, from 43 recent closings in this pocket.

The market behind the math:

43sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−16%prices vs a year ago
~22 dayshomes like this take to sell
206days on market so far
$3,307/moest. rent · 16 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.8 months of inventory: 11 detached homes for sale in the area against 43 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $594/sqft against an area asking average of $649/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 43 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 43 comparable homes that sold in East Woodbridge over the past two years, from 245 closings there.

What sellers nearby are askingCurrently listed nearby in East Woodbridge · asking prices
$1.16Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $662/sqft; this home lists at $594/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.04MThis home1.25M1.10M1.12MThis home vs active comparables

Sold price trend

Median sold price for detached homes in East Woodbridge: $1.53M in September 2026, down 4% from a year ago, on 107 closings in 11 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.45M9
November 2025$1.32M11
December 2025$1.60M6
January 2026$1.16M7
February 2026$1.58M6
March 2026$1.33M12
May 2026$1.65M9
June 2026$1.32M11
July 2026$1.25M9
August 2026$1.27M16
September 2026$1.53M11

Neighbourhood & location

East Woodbridge, Vaughan, 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.

West Woodbridge
$1.45M
Vellore Village
$1.67M
Sonoma Heights
$1.47M
Glen Shields
$1.28M
Brownridge
$1.24M

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

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

Affordability & Mortgage

Affordability
$4,735/mo
$196KIncome needed
5.3×Price ÷ income
$1,093Weekly cost
$17,255Land transfer tax, one-time (Ontario)
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 $4,735Property tax $391Total carry $5,127

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%
$
%
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)
$4,596per month

Mortgage amount $831,200 · 4.49% over 25 years

$207,800Down payment (20.0%)
$831,200Loan before insurance
$0CMHC premium
$4,987Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,596
Property tax
$391
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,987

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

One-time closing costs

Ontario land transfer tax
$17,255
Estimated closing costs
$17,255

Plus your down payment of $207,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,563/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

$547,554Total interest paid
$1,378,754Total of all payments
Principal $831,200 Interest $547,554
YearPrincipalInterestBalance
1$18,549$36,601$812,651
2$19,391$35,759$793,260
3$20,271$34,879$772,989
4$21,192$33,958$751,797
5$22,154$32,996$729,643
6$23,160$31,990$706,483
7$24,212$30,939$682,271
8$25,311$29,839$656,960
9$26,460$28,690$630,500
10$27,661$27,489$602,839
11$28,917$26,233$573,922
12$30,230$24,920$543,691
13$31,603$23,547$512,088
14$33,038$22,112$479,051
15$34,538$20,612$444,513
16$36,106$19,044$408,407
17$37,745$17,405$370,661
18$39,459$15,691$331,202
19$41,251$13,899$289,952
20$43,124$12,026$246,828
21$45,082$10,068$201,746
22$47,129$8,022$154,618
23$49,268$5,882$105,349
24$51,505$3,645$53,844
25$53,844$1,306$0

At the end of your 5-year term

Total paid over the term
$275,751
Principal paid down
$101,557
Interest paid
$174,194
Balance remaining
$729,643

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
From 16 whole-home leases in East Woodbridge$3,307/mo
$39,684Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,060 to $3,490Typical rent range
~37 daysTo find a tenant, on average

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

Talk about the numbers

The last 16 whole-home leases in East Woodbridge signed at a median of $3,133 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,307. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.8%
Gross yield
− Property tax $4,697− Insurance $1,400− Vacancy & upkeep $4,365Net operating income $29,222

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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