87 Arnold Avenue, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N12955980

$4,190,000
For Sale
Listed 199 days agoNo offer date statedSitting longer than typical
5+2Bedrooms
7Bathrooms
3Garage · 9 parking
5,000Sq ft

About this home

In short

  • Luxurious Thornhill Estate Situated On Massive 100x182 FT Corner Lot.
  • Featuring 10 FT Ceilings, Hardwood Floors Throughout, Gourmet Kitchen, Granite Island & Counters, 4 Fireplaces & Much More.
  • Finished Basement W/ Private Home Theatre, Pool Table, Fitness Centre, And Wet Bar.
  • Interlocking Driveway And Backyard W/ 5-Year New Wooden Deck.
  • Short Walk To Community Centre & Several Parks.

Luxurious Thornhill Estate Situated On Massive 100x182 FT Corner Lot! Featuring 10 FT Ceilings, Hardwood Floors Throughout, Gourmet Kitchen, Granite Island & Counters, 4 Fireplaces & Much More! Perfect For Hosting Large Gatherings And High-End Social Events. Finished Basement W/ Private Home Theatre, Pool Table, Fitness Centre, And Wet Bar. Interlocking Driveway And Backyard W/ 5-Year New Wooden Deck. Minutes Drive To All Major Highways And Top Schools! Short Walk To Community Centre & Several Parks. Your New Dream Home Awaits!

Key facts

Property type
Detached, 2-Storey
MLS®
N12955980
Bedrooms
5+2 (7 total)
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
100 × 182.95 ft
Cross streets
Yonge St & Clarke Ave
Parking
3 garage · 9 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$20,061 / 2025
Days on market
199
Listing brokerage
MANORLEAD GROUP INC.

Rooms

StudyMain4.20 × 4.10 m

hardwood floor · panelled · b/i bookcase

BedroomBasement4.30 × 4.20 m

hardwood floor · double closet

Bedroom 5Second4.40 × 3.80 m

hardwood floor · double closet · semi ensuite

Media RoomBasement5.16 × 4.62 m

hardwood floor · pot lights · window

Bedroom 2Second4.50 × 3.70 m

hardwood floor · double closet · 3 pc ensuite

KitchenMain5.00 × 3.90 m

ceramic floor · granite counters · centre island

BreakfastMain4.70 × 3.80 m

eat-in kitchen · pantry · w/o to deck

Dining RoomMain12.70 × 4.50 m

hardwood floor · combined w/living · large window

Primary BedroomSecond8.10 × 4.50 m

hardwood floor · walk-in closet(s) · 6 pc ensuite

Bedroom 3Second4.60 × 4.50 m

hardwood floor · double closet · 3 pc ensuite

Family RoomMain8.10 × 4.90 m

hardwood floor · fireplace · w/o to deck

Bedroom 4Second4.30 × 4.20 m

hardwood floor · double closet · semi ensuite

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.42 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Crestwood-Springfarm-Yorkhill have sold between $1.49M and $4.57M over the last two years (7 sales).

Considering this property? Request a written price read

Sold price trend

Median sold price for detached homes in Crestwood-Springfarm-Yorkhill: $1.37M in August 2026, down 6% from a year ago, on 60 closings in 8 months.

Nov 25Aug 26

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

Month by month
MonthMedian soldClosings
November 2025$1.23M8
February 2026$1.44M8
March 2026$1.35M7
April 2026$1.44M7
May 2026$1.38M10
June 2026$1.25M5
July 2026$1.18M7
August 2026$1.37M8

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, 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.

Uplands
$1.55M
Brownridge
$1.24M
Lakeview Estates
$949K
Glen Shields
$1.28M
Patterson
$1.73M

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
$19,097/mo
$783KIncome needed
5.4×Price ÷ income
$4,407Weekly cost
$91,225Land 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 $19,097Property tax $1,672Total carry $20,768

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)
$18,534per month

Mortgage amount $3,352,000 · 4.49% over 25 years

$838,000Down payment (20.0%)
$3,352,000Loan before insurance
$0CMHC premium
$20,206Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,534
Property tax
$1,672
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,206

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

One-time closing costs

Ontario land transfer tax
$91,225
Estimated closing costs
$91,225

Plus your down payment of $838,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$22,432/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

$2,208,135Total interest paid
$5,560,135Total of all payments
Principal $3,352,000 Interest $2,208,135
YearPrincipalInterestBalance
1$74,802$147,603$3,277,198
2$78,199$144,207$3,198,999
3$81,749$140,656$3,117,250
4$85,461$136,944$3,031,789
5$89,341$133,064$2,942,447
6$93,398$129,008$2,849,050
7$97,638$124,767$2,751,411
8$102,071$120,334$2,649,340
9$106,706$115,699$2,542,634
10$111,551$110,855$2,431,083
11$116,616$105,790$2,314,468
12$121,910$100,495$2,192,557
13$127,446$94,960$2,065,111
14$133,232$89,173$1,931,879
15$139,282$83,124$1,792,597
16$145,605$76,800$1,646,992
17$152,217$70,189$1,494,775
18$159,128$63,278$1,335,648
19$166,353$56,053$1,169,295
20$173,906$48,499$995,389
21$181,802$40,603$813,587
22$190,056$32,349$623,530
23$198,686$23,720$424,845
24$207,707$14,698$217,138
25$217,138$5,268$0

At the end of your 5-year term

Total paid over the term
$1,112,027
Principal paid down
$409,553
Interest paid
$702,474
Balance remaining
$2,942,447

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 5 whole-home leases in Crestwood-Springfarm-Yorkhill$9,955/mo
$119,460Gross annual rent
2.0%Cap rate after taxes and upkeep
$8,760 to $11,149Typical rent range
~33 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 5 whole-home leases in Crestwood-Springfarm-Yorkhill signed at a median of $8,826 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $9,955. 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.

2.9%
Gross yield
− Property tax $20,061− Insurance $1,400− Vacancy & upkeep $13,141Net operating income $84,858

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

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