12 Spring Arbour Road, Vaughan, ON

Patterson, Vaughan · MLS® N13468080

$1,299,000
For Sale
Listed 28 days ago
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3Bedrooms
4Bathrooms
1Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome to this beautifully upgraded and renovated Semi-Detached home in the family-friendly South Thornhill Woods community. Filled with natural light, this bright and spacious home offers a thoughtfully designed open-concept layout featuring 9-ft ceilings on the main level, oversized windows, and new flooring throughout. The stunning gourmet kitchen is a chef's delight, showcasing newer appliances, a large center island, and stylish quartz countertops and backsplash. The inviting family room is bathed in sunlight and features a cozy gas fireplace, creating the perfect setting for both everyday living and entertaining. A convenient walkout leads to the private outdoor space, ideal for relaxing. The professionally finished basement adds exceptional versatility, complete with a separate side entrance, large above-grade window, 3-piece bathroom, and kitchen rough-in-offering excellent potential for an in-law suite, recreation area, or future income opportunity. Additional highlights include 2nd floor laundry room and one-car garage with custom storage shelving installed and a private driveway accommodating up to three cars. New roof (2025) New oversized basement window (2025) New side entrance door (2025). Ideally located close to top-rated schools, parks, trails, shopping, transit, and all essential amenities, this move-in-ready home combines comfort, style, and convenience in one of Vaughan's most desirable neighbourhoods. A wonderful opportunity not to be missed!

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
N13468080
Bedrooms
3
Bathrooms
4 (1 half)
Size
1500-2000
Lot
22.56 × 101.04 ft
Cross streets
South of Rutherford & Dufferin
Parking
1 garage · 4 parking (attached)
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,378 / 2025
Days on market
28
Listing brokerage
ROYAL TEAM REALTY INC.

Rooms

Dining RoomGround3.70 × 2.70 m

ceramic floor · combined w/kitchen · window

Bedroom 2Second4.08 × 2.60 m

laminate · closet

KitchenMain3.05 × 2.70 m

ceramic floor · centre island · quartz counter

Primary BedroomSecond5.10 × 3.70 m

laminate · 4 pc ensuite · closet organizers

Family RoomMain5.50 × 3.05 m

hardwood floor · gas fireplace · open concept

RecreationLower6.25 × 4.95 m

vinyl floor · 3 pc bath · large window

Bedroom 3Second3.70 × 2.60 m

laminate · closet

FoyerMain4.65 × 2.64 m

ceramic floor · closet

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.11Mest. value

Listed at $1,299,000, this home is about 17% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.21M, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $988K
  • Bedrooms −$30K
  • Adjusts to $958K

That comparable adjusts to $958K; the $1.11M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Carrville Mills PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Autumn Hill Blvd / Redmond Dr is about a 2-minute walk away.

List price
$984KGreat deal$1.30MOverpriced

Total price vs nearby homes. Fair value about $1.11M, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby in Patterson · asking prices
$1.19Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

97 Bristlewood Crescent$1.39M32 Black Maple Crescent$1.20M263 Golden Orchard Road$1.18M10 Forest Run Boulevard$1.01M

The 4 closest active listings nearby.

See all comparable homes
1.30MThis home1.39M1.20M1.18M1.01MThis home vs active comparables
Live market pulseActive comparables in Patterson · median list $1.18M
$742this home / sqft
6active listings nearby
28days on market

This home lists 15% above the area average of $644/sqft.

19 days faster than the Vaughan average (47 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

67/ 100

WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Autumn Hill Blvd / Redmond Dr, about 122 m away

20+ transit stops1 grocery18 dining16 parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Maple
$1.13M
Vellore Village
$1.12M
East Woodbridge
$1.09M
Sonoma Heights
$1.05M
West Woodbridge
$1.05M

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Carrville Mills PS
85%
Carrville Mills PSPublic · Elementary · JK-8 · 0.7 km awayHigher-rated than most nearby · 85% meet the provincial standard

Affordability & Mortgage

Affordability
$5,920/mo
$243KIncome needed
5.4×Price ÷ income
$1,366Weekly cost
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 $5,920Property tax $448Total carry $6,369

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$5,994Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$448
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,994

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

One-time closing costs

Ontario land transfer tax
$22,455
Estimated closing costs
$22,455

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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$3,150/mo
$37,800Gross annual rent
2.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.9%
Gross yield
− Property tax $5,378− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,864

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

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