208 Centre Street, Vaughan, ON

Uplands, Vaughan · MLS® N13242850

$2,889,000
For Sale
Listed 137 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
2Garage · 12 parking
700Sq ft

About this home

In short

  • When the current owners purchased the property, it was with a clear vision to build in the Heart of Historic Thornhill .
  • Through the expertise of the highly skilled team at Krcmar Surveyor's, the exceptional opportunities now available at 208 Centre St have been carefully unlocked and...
  • Set on an Extraordinarily Beautiful, Ravine like setting this Surveyed 100 x 250 ft lot offering provides a level of Clarity, Preparation, and Confidence that is...

When the current owners purchased the property, it was with a clear vision to build in the Heart of Historic Thornhill . To bring that vision to life, the property required a Comprehensive Zoning, Engineering and Conservation Overview and Overhaul, to obtain the necessary approvals to build a house within the TRCA - Controlled Floodplain lands. A process that has already been thoughtfully and extensively undertaken. Through the expertise of the highly skilled team at Krcmar Surveyor's, the exceptional opportunities now available at 208 Centre St have been carefully unlocked and formalized. The result is a property that offers the next visionary purchaser tremendous latitude to design, imagine, and develop a prestigious estate residence in the Heart of Historic Thornhill, surrounded by distinguished Multi-Million-Dollar Homes. Set on an Extraordinarily Beautiful, Ravine like setting this Surveyed 100 x 250 ft lot offering provides a level of Clarity, Preparation, and Confidence that is increasingly rare in today's building environment. A remarkable opportunity to invest in your Future with Confidence.

Key facts

Property type
Detached, Bungalow
MLS®
N13242850
Bedrooms
3
Bathrooms
2
Size
700 sq ft
Lot
100 × 250 ft
Cross streets
Yonge/Centre
Parking
2 garage · 12 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$11,327 / 2025
Days on market
137
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Primary BedroomMain0.00 × 0.00 m

broadloom · closet

Bedroom 3Main0.00 × 0.00 m

broadloom · closet

Bedroom 2Main0.00 × 0.00 m

broadloom · closet · large window

KitchenMain0.00 × 0.00 m

Overlooks Backyard

RecreationBasement0.00 × 0.00 m

Broadloom

LaundryBasement0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m

broadloom · large window · w/o to yard

RecreationBasement0.00 × 0.00 m

broadloom · fireplace

Living RoomMain0.00 × 0.00 m

broadloom · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.57 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Uplands · asking prices
$2.20Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.70M, which is where my estimate comes from.

Per square foot, these ask about $1,158/sqft; this home lists at $4,127/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.89MThis home3.00M2.69M1.35M2.50M1.45MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Vaughan: $1.43M in September 2026, down 2% from a year ago, on 1,377 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. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.47M149
November 2025$1.51M97
December 2025$1.39M76
January 2026$1.33M70
February 2026$1.44M81
March 2026$1.45M109
April 2026$1.40M130
May 2026$1.44M159
June 2026$1.42M160
July 2026$1.39M115
August 2026$1.45M123
September 2026$1.43M108

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
$13,167/mo
$533KIncome needed
5.4×Price ÷ income
$3,039Weekly cost
$58,700Land 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 $13,167Property tax $944Total carry $14,111

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)
$12,779per month

Mortgage amount $2,311,200 · 4.49% over 25 years

$577,800Down payment (20.0%)
$2,311,200Loan before insurance
$0CMHC premium
$13,723Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,779
Property tax
$944
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,723

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

One-time closing costs

Ontario land transfer tax
$58,700
Estimated closing costs
$58,700

Plus your down payment of $577,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,467/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

$1,522,506Total interest paid
$3,833,706Total of all payments
Principal $2,311,200 Interest $1,522,506
YearPrincipalInterestBalance
1$51,576$101,772$2,259,624
2$53,918$99,430$2,205,706
3$56,366$96,982$2,149,340
4$58,925$94,423$2,090,415
5$61,601$91,748$2,028,814
6$64,398$88,951$1,964,416
7$67,322$86,027$1,897,095
8$70,378$82,970$1,826,717
9$73,574$79,775$1,753,143
10$76,914$76,434$1,676,229
11$80,406$72,942$1,595,823
12$84,057$69,291$1,511,765
13$87,874$65,475$1,423,892
14$91,863$61,485$1,332,028
15$96,034$57,314$1,235,994
16$100,395$52,953$1,135,599
17$104,953$48,395$1,030,646
18$109,718$43,630$920,927
19$114,700$38,648$806,227
20$119,908$33,440$686,319
21$125,352$27,996$560,967
22$131,044$22,305$429,923
23$136,994$16,355$292,930
24$143,214$10,135$149,716
25$149,716$3,632$0

At the end of your 5-year term

Total paid over the term
$766,741
Principal paid down
$282,386
Interest paid
$484,355
Balance remaining
$2,028,814

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 10 whole-home leases in Uplands$2,818/mo
$33,816Gross annual rent
0.6%Cap rate after taxes and upkeep
$2,442 to $3,052Typical rent range
~31 daysTo find a tenant, on average

The suite is real income here: basements rent in Uplands (6 of 50 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 10 whole-home leases in Uplands signed at a median of $4,283 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,818. 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.

1.2%
Gross yield
− Property tax $11,327− Insurance $1,400− Vacancy & upkeep $3,720Net operating income $17,369

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

CallRequest a showing