85 Cowan Drive, Vaughan, ON

East Woodbridge, Vaughan · MLS® N12940788

$8,949,000
For Sale
Listed 202 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
8Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • Live in The National Estates, an exclusive enclave of just 97 estate residences, home to some of Vaughan's most distinguished addresses.
  • Masterfully renovated, this 5+1 bedroom, 8-bathroom transitional estate backs onto holes 6 and 7 of The National Golf Club of Canada, one of the country's most...
  • The thoughtfully designed layout features a refined primary suite with a Fendi Casa-inspired walk-in closet and spa-like ensuite, while each additional bedroom is...
  • A fully realized wellness and recreation level includes heated floors, sauna, change room, powder room, and a spa shower with direct access to the patio and grounds.
  • Outdoors, the resort-style setting features an in-ground pool, a covered loggia with outdoor kitchen and fireplace, and multiple areas for dining and relaxation.

Live in The National Estates, an exclusive enclave of just 97 estate residences, home to some of Vaughan's most distinguished addresses. Masterfully renovated, this 5+1 bedroom, 8-bathroom transitional estate backs onto holes 6 and 7 of The National Golf Club of Canada, one of the country's most prestigious private courses. Set on a private 1+ acre lot with secure dual-gated entrances, the residence offers exceptional privacy, mature landscaping, extensive stonework, irrigation, and landscape lighting. Striking black glass entry and garage doors establish a bold architectural presence. Inside, a grand reception hall is anchored by a dramatic three-storey floating staircase, complemented by slab stone finishes and marble fireplaces throughout. The thoughtfully designed layout features a refined primary suite with a Fendi Casa-inspired walk-in closet and spa-like ensuite, while each additional bedroom is appointed with its own en-suite and built-in closets. Designed for both executive living and large-scale entertaining, the home offers four kitchens, two laundry rooms, and expansive gathering spaces. A fully realized wellness and recreation level includes heated floors, sauna, change room, powder room, and a spa shower with direct access to the patio and grounds. Additional amenities include media and games rooms, a home gym or nanny suite, and a dedicated space for a customized secure room. Outdoors, the resort-style setting features an in-ground pool, a covered loggia with outdoor kitchen and fireplace, and multiple areas for dining and relaxation. The expansive grounds offer mature plantings, privacy, and space for recreation. Parking accommodates 15+ vehicles, including a three-car garage with lift-ready capability. A rare offering defined by scale, privacy, and refined design in one of the region's most dominating golf course/luxury pockets.

Key facts

Property type
Detached, 2-Storey
MLS®
N12940788
Bedrooms
5+1 (6 total)
Bathrooms
8 (3 half)
Size
5,000 sq ft
Lot
.50-1.99 ac
Cross streets
Langstaff and Pine Valley
Parking
3 garage (built-in)
Driveway
Circular Drive, Private
Basement
Finished, Walk-Up
Kitchens
4 (3 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$19,351 / 2026
Days on market
202
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Dining RoomMain3.84 × 6.13 m

bay window · hardwood floor · pot lights

Bedroom 4Second4.18 × 5.27 m

4 pc bath · hardwood floor · walk-in closet(s)

BreakfastMain4.05 × 3.94 m

circular room · w/o to patio · hardwood floor

Living RoomMain4.97 × 7.53 m

marble fireplace · hardwood floor · pot lights

BedroomLower3.75 × 6.10 m

vinyl floor · window · pot lights

Primary BedroomSecond4.42 × 6.04 m

hardwood floor · double doors · pot lights

Family RoomMain7.50 × 4.36 m

hardwood floor · pot lights · w/o to patio

Bedroom 3Second3.99 × 4.42 m

4 pc bath · hardwood floor · b/i closet

Game RoomLower6.10 × 5.20 m

vinyl floor · floating stairs · pot lights

SittingLower2.56 × 4.30 m

walk-up · 2 pc ensuite · 3 pc ensuite

Bedroom 2Second4.30 × 3.69 m

b/i closet · hardwood floor · 3 pc ensuite

DenMain4.34 × 4.36 m

bay window · hardwood floor · pot lights

Bedroom 5Second5.61 × 3.90 m

3 pc ensuite · b/i closet · hardwood floor

KitchenMain7.83 × 3.96 m

centre island · b/i appliances · hardwood floor

KitchenMain4.79 × 2.44 m

b/i appliances · marble counter · pantry

LaundrySecond2.16 × 1.25 m

porcelain floor · b/i shelves · quartz counter

BathroomSecond3.66 × 4.39 m

marble floor · heated floor · double sink

Mud RoomMain4.49 × 1.59 m

marble floor · w/o to garage · staircase

Media RoomLower13.53 × 7.38 m

vinyl floor · gas fireplace · pot lights

OtherLower3.66 × 4.08 m

Vinyl Floor

OtherSecond4.76 × 3.38 m

centre island · b/i closet · led lighting

KitchenLower4.12 × 5.00 m

vinyl floor · centre island · marble counter

RecreationLower13.53 × 4.00 m

vinyl floor · open concept

FoyerMain5.27 × 2.35 m

cathedral ceiling(s) · marble floor · floating stairs

Our TakeTeam Asgarian · Broker
No automatic estimate

This home is in the largest size bracket the board records (5,000 sq ft and up). Comparable-sales math compares homes by size, and too few homes this large sell nearby to compare it fairly, so no automatic estimate is shown. The largest homes in East Woodbridge (3,500 sq ft and up) have sold between $1.57M and $5.00M over the last two years (29 sales).

Considering this property? Request a written price read

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
Kleinburg
$3.39M
Glen Shields
$1.28M

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
$40,787/mo
$1594KIncome needed
5.6×Price ÷ income
$9,412Weekly cost
$210,200Land 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.

96%mortgage
Mortgage $40,787Property tax $1,613Total carry $42,399

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)
$39,584per month

Mortgage amount $7,159,200 · 4.49% over 25 years

$1,789,800Down payment (20.0%)
$7,159,200Loan before insurance
$0CMHC premium
$41,197Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$39,584
Property tax
$1,613
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$41,197

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

One-time closing costs

Ontario land transfer tax
$210,200
Estimated closing costs
$210,200

Plus your down payment of $1,789,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$47,911/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

$4,716,134Total interest paid
$11,875,334Total of all payments
Principal $7,159,200 Interest $4,716,134
YearPrincipalInterestBalance
1$159,763$315,250$6,999,437
2$167,017$307,997$6,832,420
3$174,600$300,413$6,657,820
4$182,528$292,486$6,475,293
5$190,815$284,198$6,284,478
6$199,479$275,535$6,084,999
7$208,536$266,477$5,876,463
8$218,004$257,009$5,658,459
9$227,903$247,111$5,430,557
10$238,250$236,763$5,192,306
11$249,068$225,946$4,943,239
12$260,376$214,637$4,682,862
13$272,199$202,815$4,410,664
14$284,557$190,456$4,126,106
15$297,477$177,536$3,828,629
16$310,984$164,029$3,517,645
17$325,104$149,909$3,192,541
18$339,865$135,148$2,852,676
19$355,296$119,717$2,497,379
20$371,428$103,585$2,125,951
21$388,293$86,721$1,737,659
22$405,923$69,091$1,331,736
23$424,353$50,660$907,383
24$443,620$31,393$463,763
25$463,763$11,251$0

At the end of your 5-year term

Total paid over the term
$2,375,067
Principal paid down
$874,722
Interest paid
$1,500,345
Balance remaining
$6,284,478

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 6 whole-home leases in East Woodbridge$6,534/mo
$78,408Gross annual rent
0.5%Cap rate after taxes and upkeep
$6,012 to $7,751Typical 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 6 whole-home leases in East Woodbridge signed at a median of $5,558 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,534. 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.

0.9%
Gross yield
− Property tax $19,351− Insurance $1,400− Vacancy & upkeep $8,625Net operating income $49,032

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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