402 Farrell Road, Vaughan, ON

Patterson, Vaughan · MLS® N13525144

$2,288,000
For Sale
Listed 105 days agoNo offer date statedSitting longer than typical
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5Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Welcome to this exceptionally beautiful two-storey detached residence in the prestigious Upper Thornhill Estates community of Patterson.
  • Step inside to a 12ft grand foyer with porcelain tile flooring and soaring 10-foot ceilings on the main level, creating a bright and airy setting.
  • 8" hardwood floors run throughout the living areas, hallways, and bedrooms, complemented by extensive moulding, wainscoting, and refined millwork throughout the home.
  • The chef's kitchen showcases a large centre island, premium cabinetry, complete with Miele appliances, and the spacious breakfast area with French doors overlooks the...
  • Upstairs, enjoy 9-foot ceilings and five spacious bedrooms and 3 bathrooms with and a walk-in closet.

Welcome to this exceptionally beautiful two-storey detached residence in the prestigious Upper Thornhill Estates community of Patterson. Step inside to a 12ft grand foyer with porcelain tile flooring and soaring 10-foot ceilings on the main level, creating a bright and airy setting. 8" hardwood floors run throughout the living areas, hallways, and bedrooms, complemented by extensive moulding, wainscoting, and refined millwork throughout the home. Designed for both entertaining and everyday living. The home features an elegant formal living room with a modern-patterned ceiling, a dining room with an extended tray ceiling, and a dramatic family room with a waffle ceiling and double-sided fireplaces. The chef's kitchen showcases a large centre island, premium cabinetry, complete with Miele appliances, and the spacious breakfast area with French doors overlooks the lush natural setting. Upstairs, enjoy 9-foot ceilings and five spacious bedrooms and 3 bathrooms with and a walk-in closet. Additional highlights included UV protected film on all windows, as well as a full exterior camera system, offering enhanced security and peace of mind. A rare opportunity to own a clean turn-key luxury home in one of Vaughan's most desirable communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13525144
Bedrooms
5
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
41.05 × 110.02 ft
Cross streets
Bathurst St / Major Mackenzie Dr W
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,657 / 2026
Days on market
105
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 5Second3.66 × 3.62 m

hardwood floor · large window · walk-in closet(s)

Family RoomMain5.49 × 3.81 m

hardwood floor · coffered ceiling(s) · pot lights

Primary BedroomSecond5.48 × 4.27 m

hardwood floor · 5 pc ensuite · his and hers closets

Living RoomMain5.02 × 3.66 m

hardwood floor · pot lights · 2 way fireplace

KitchenMain4.72 × 2.44 m

hardwood floor · centre island · pantry

Bedroom 3Second3.66 × 3.34 m

hardwood floor · semi ensuite · walk-in closet(s)

Dining RoomMain5.02 × 3.66 m

hardwood floor · separate room · bar sink

Bedroom 4Second3.81 × 3.66 m

hardwood floor · semi ensuite · walk-in closet(s)

BreakfastMain5.48 × 3.14 m

hardwood floor · combined w/kitchen · overlooks backyard

Bedroom 2Second3.76 × 3.34 m

hardwood floor · 3 pc ensuite · walk-in closet(s)

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

Patterson, Vaughan, ON

CommuteTime from this home to where you spend your day

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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
Vellore Village
$1.67M

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
$10,428/mo
$425KIncome needed
5.4×Price ÷ income
$2,406Weekly cost
$43,675Land 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 $10,428Property tax $805Total carry $11,233

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)
$10,121per month

Mortgage amount $1,830,400 · 4.49% over 25 years

$457,600Down payment (20.0%)
$1,830,400Loan before insurance
$0CMHC premium
$10,925Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,121
Property tax
$805
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,925

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

One-time closing costs

Ontario land transfer tax
$43,675
Estimated closing costs
$43,675

Plus your down payment of $457,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$12,249/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

$1,205,779Total interest paid
$3,036,179Total of all payments
Principal $1,830,400 Interest $1,205,779
YearPrincipalInterestBalance
1$40,847$80,600$1,789,553
2$42,701$78,746$1,746,852
3$44,640$76,807$1,702,212
4$46,667$74,780$1,655,545
5$48,786$72,661$1,606,759
6$51,001$70,446$1,555,758
7$53,317$68,131$1,502,441
8$55,737$65,710$1,446,704
9$58,268$63,179$1,388,436
10$60,914$60,533$1,327,522
11$63,679$57,768$1,263,843
12$66,571$54,876$1,197,272
13$69,593$51,854$1,127,679
14$72,753$48,694$1,054,926
15$76,056$45,391$978,869
16$79,510$41,938$899,360
17$83,120$38,327$816,240
18$86,894$34,553$729,346
19$90,839$30,608$638,508
20$94,963$26,484$543,544
21$99,275$22,172$444,269
22$103,783$17,665$340,486
23$108,495$12,952$231,992
24$113,421$8,026$118,571
25$118,571$2,877$0

At the end of your 5-year term

Total paid over the term
$607,236
Principal paid down
$223,641
Interest paid
$383,595
Balance remaining
$1,606,759

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.

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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$6,300/mo
$75,600Gross annual rent
2.5%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.

3.3%
Gross yield
− Property tax $9,657− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $56,227

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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