32 Timna Crescent, Vaughan, ON

Patterson, Vaughan · MLS® N12975640

$1,800,000
For Sale
Listed 193 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 32 Timna Crescent a rare find in a highly sought-after neighborhood.
  • This spacious home offers 5 bedrooms upstairs plus an additional bedroom in the walk-out grade-level basement, providing approximately 3,500 sq. ft. of total living...
  • Nestled on a quiet crescent, the property features a 2-car garage and is ideally located within walking distance to Anne Frank Public School, Schwartz/Reisman...

Welcome to 32 Timna Crescent a rare find in a highly sought-after neighborhood. This spacious home offers 5 bedrooms upstairs plus an additional bedroom in the walk-out grade-level basement, providing approximately 3,500 sq. ft. of total living space designed for comfort and functionality. Nestled on a quiet crescent, the property features a 2-car garage and is ideally located within walking distance to Anne Frank Public School, Schwartz/Reisman Community Centre, and a convenient shopping plaza. Perfect for families seeking both space and lifestyle, this home combines a prime location with an abundance of room to grow.

Key facts

Property type
Detached, 2-Storey
MLS®
N12975640
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
40.03 × 88.58 ft
Cross streets
Bathurst/Major Mackenzie
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,862 / 2025
Days on market
193
Listing brokerage
THE AGENCY

Rooms

Bedroom 2Second0.00 × 0.00 m

Window

Living RoomMain0.00 × 0.00 m

Fireplace

Bedroom 5Second0.00 × 0.00 m
OfficeMain0.00 × 0.00 m
BedroomBasement0.00 × 0.00 m

Walk-In Closet(s)

BedroomSecond0.00 × 0.00 m

5 pc ensuite · walk-in closet(s)

LaundrySecond0.00 × 0.00 m
Bedroom 4Second0.00 × 0.00 m
Living RoomBasement0.00 × 0.00 m

Walk-Out

Dining RoomMain0.00 × 0.00 m

W/O To Balcony

Bedroom 3Second0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
BreakfastMain0.00 × 0.00 m

Sliding Doors

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.81Mlikely sale price

Listed at $1,800,000. Going by how homes in Patterson have actually closed against their asking prices (about 101%, 60 local closings in 90 days), the likely sale price is near $1.81M, if it sells. A realistic range is $1.69M to $2.04M.

Independent value check: $1.67M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.56M and $1.75M).

Why $1.67M. The typical detached home sold in Patterson over the past year went for about $1.65M (264 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $7,862 a year; the typical home sold here pays about $7,600.

Longer on the market than typical. 193 days on the market against about 27 for homes like it here, and asking 8% above where comparable closings put it.

List price
$1.69MBelow recent closings$2.04MAbove recent closings

Total price vs nearby homes. Likely closing about $1.81M, from 60 recent closings in this pocket.

The market behind the math:

60sold nearby · 90 days
$1.50Mmedian sold price
102%of asking, on average
−12%prices vs a year ago
~17 dayshomes like this take to sell
193days on market so far
$5,576/moest. rent · 50 leases
3.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 41 detached homes for sale in the area against 60 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 $655/sqft against an area asking average of $643/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Patterson: 46 of the 285 detached leases here lately were basement units, around $2,000 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Vaughan.
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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.63M. Condition and finishes remain an in-person call.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($655/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 60 comparable homes that sold in Patterson over the past two years, from 500 closings there.

What sellers nearby are askingCurrently listed nearby in Patterson · asking prices
$2.26Mavg 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 $727/sqft; this home lists at $655/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.80MThis home1.66M2.45M2.68MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Patterson: $1.42M in September 2026, down 8% from a year ago, on 259 closings in 12 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$1.73M33
November 2025$1.79M22
December 2025$1.52M12
January 2026$1.57M8
February 2026$1.61M17
March 2026$1.71M24
April 2026$1.65M21
May 2026$1.79M32
June 2026$1.63M29
July 2026$1.65M17
August 2026$1.62M24
September 2026$1.42M20

Neighbourhood & location

Patterson, 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.

Maple
$1.63M
Uplands
$1.55M
Brownridge
$1.24M
Glen Shields
$1.28M
Lakeview Estates
$949K

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
$8,204/mo
$336KIncome needed
5.4×Price ÷ income
$1,893Weekly cost
$32,475Land 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.

93%mortgage
Mortgage $8,204Property tax $655Total carry $8,859

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)
$7,962per month

Mortgage amount $1,440,000 · 4.49% over 25 years

$360,000Down payment (20.0%)
$1,440,000Loan before insurance
$0CMHC premium
$8,617Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,962
Property tax
$655
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,617

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

One-time closing costs

Ontario land transfer tax
$32,475
Estimated closing costs
$32,475

Plus your down payment of $360,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,637/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

$948,602Total interest paid
$2,388,602Total of all payments
Principal $1,440,000 Interest $948,602
YearPrincipalInterestBalance
1$32,135$63,409$1,407,865
2$33,594$61,950$1,374,272
3$35,119$60,425$1,339,153
4$36,714$58,831$1,302,439
5$38,380$57,164$1,264,059
6$40,123$55,421$1,223,935
7$41,945$53,599$1,181,991
8$43,849$51,695$1,138,141
9$45,840$49,704$1,092,301
10$47,922$47,622$1,044,379
11$50,097$45,447$994,282
12$52,372$43,172$941,910
13$54,750$40,794$887,160
14$57,236$38,308$829,924
15$59,835$35,710$770,090
16$62,551$32,993$707,538
17$65,391$30,153$642,147
18$68,360$27,184$573,787
19$71,464$24,080$502,322
20$74,709$20,835$427,613
21$78,101$17,443$349,512
22$81,647$13,897$267,865
23$85,354$10,190$182,511
24$89,230$6,314$93,281
25$93,281$2,263$0

At the end of your 5-year term

Total paid over the term
$477,720
Principal paid down
$175,941
Interest paid
$301,779
Balance remaining
$1,264,059

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 50 whole-home leases in Patterson$5,576/mo
$66,912Gross annual rent
2.8%Cap rate after taxes and upkeep
$5,297 to $6,139Typical rent range
~38 daysTo find a tenant, on average

The suite is real income here: basements rent in Patterson (46 of 285 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 50 whole-home leases in Patterson signed at a median of $5,485 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,576. 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.

3.7%
Gross yield
− Property tax $7,862− Insurance $1,400− Vacancy & upkeep $7,360Net operating income $50,290

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

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