3 Elmbank Road, Vaughan, ON

Uplands, Vaughan · MLS® N13106222

$2,685,000
For Sale
Listed 164 days agoNo offer date statedSitting longer than typical
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3+2Bedrooms
2Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Gracefully set on an exceptional 100 x 250 ft lot, over half an acre of private, tree-lined tranquility, this renovated bungalow is a rare jewel in one of Thornhills...
  • Gorgeous 3+1 Bedrooms 3 Car Parking, Sought After- End Unit With Walk Out.
  • Beautiful, Bright Freehold Townhouse In Westbrook Richmond Hill, Beautiful Living & Dining Room W Gas Fireplace, Upgraded Open Concept Kitchen With Island, Granite...
  • Basement High Ceiling With Wet Bar And Bathroom, Interlocked.

Gracefully set on an exceptional 100 x 250 ft lot, over half an acre of private, tree-lined tranquility, this renovated bungalow is a rare jewel in one of Thornhills most coveted enclaves. Gorgeous 3+1 Bedrooms 3 Car Parking, Sought After- End Unit With Walk Out! Beautiful, Bright Freehold Townhouse In Westbrook Richmond Hill, Beautiful Living & Dining Room W Gas Fireplace, Upgraded Open Concept Kitchen With Island, Granite Counter Top. Basement High Ceiling With Wet Bar And Bathroom, Interlocked. Functional Layout. Fam.Rm (Ground Level) W/Gas Firepl. & W/O To B/Yard. Steps Away From Top School Zones. St Teresa/ Rhhs/ Trillium Woods. Walking Distance To Plaza, Viva, Restaurant, Supermarket, And Many More.

Key facts

Property type
Detached, Bungalow
MLS®
N13106222
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
100 × 250 ft
Cross streets
Yonge St & Centre St
Parking
1 garage · 2 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$11,507 / 2025
Days on market
164
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

KitchenMain4.72 × 3.05 m

Laminate

KitchenLower3.01 × 4.01 m

Ceramic Floor

Bedroom 3Main3.35 × 3.08 m

Laminate

FoyerMain3.53 × 1.98 m

Laminate

Primary BedroomMain4.42 × 3.35 m

Laminate

Bedroom 2Main3.46 × 3.27 m

Laminate

Dining RoomMain4.05 × 2.78 m

Laminate

Living RoomMain4.05 × 2.78 m

Laminate

BedroomLower4.91 × 3.10 m

Laminate

Family RoomMain5.81 × 4.46 m

Laminate

BedroomLower3.35 × 3.08 m

Laminate

RecreationLower5.82 × 3.98 m

Laminate

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

Neighbourhood & location

Uplands, 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.

Brownridge
$1.24M
Lakeview Estates
$949K
Glen Shields
$1.28M
Patterson
$1.73M
Maple
$1.63M

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
$12,237/mo
$499KIncome needed
5.4×Price ÷ income
$2,824Weekly cost
$53,600Land 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 $12,237Property tax $959Total carry $13,196

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)
$11,877per month

Mortgage amount $2,148,000 · 4.49% over 25 years

$537,000Down payment (20.0%)
$2,148,000Loan before insurance
$0CMHC premium
$12,836Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,877
Property tax
$959
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,836

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

One-time closing costs

Ontario land transfer tax
$53,600
Estimated closing costs
$53,600

Plus your down payment of $537,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,375/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

$1,414,998Total interest paid
$3,562,998Total of all payments
Principal $2,148,000 Interest $1,414,998
YearPrincipalInterestBalance
1$47,934$94,586$2,100,066
2$50,111$92,409$2,049,955
3$52,386$90,134$1,997,569
4$54,764$87,756$1,942,805
5$57,251$85,269$1,885,554
6$59,850$82,670$1,825,704
7$62,568$79,952$1,763,136
8$65,409$77,111$1,697,727
9$68,378$74,142$1,629,349
10$71,483$71,037$1,557,866
11$74,729$67,791$1,483,137
12$78,122$64,398$1,405,016
13$81,669$60,851$1,323,347
14$85,377$57,143$1,237,970
15$89,253$53,267$1,148,717
16$93,306$49,214$1,055,411
17$97,542$44,978$957,869
18$101,971$40,549$855,898
19$106,601$35,919$749,297
20$111,441$31,079$637,857
21$116,501$26,019$521,356
22$121,790$20,730$399,565
23$127,320$15,200$272,245
24$133,101$9,419$139,144
25$139,144$3,376$0

At the end of your 5-year term

Total paid over the term
$712,600
Principal paid down
$262,446
Interest paid
$450,154
Balance remaining
$1,885,554

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$2,300/mo
$27,600Gross annual rent
0.4%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.

1.0%
Gross yield
− Property tax $11,507− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $11,657

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

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