392 Farrell Road, Vaughan, ON

Patterson, Vaughan · MLS® N13536952

$1,999,000
For Sale
Listed 103 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
5Bathrooms
2Garage · 4 parking
3500-5000Sq ft

About this home

In short

  • Welcome to 392 Farrell Road, a spectacular three-storey residence nestled in the prestigious Upper Thornhill Estates.
  • This exceptional 4+1 bedroom, 5-bathroom home offers approximately 4,254 sq. ft. above grade, showcasing 10-foot ceilings on the main level, 9-foot ceilings on the...
  • The custom chef's kitchen is equipped with high-end stainless steel appliances, granite countertops, an oversized center island, and bespoke cabinetry, with a walkout...
  • The luxurious primary suite is highlighted by soaring ceilings, floor-to-ceiling windows, a spa-inspired five-piece ensuite, and a large walk-in closet.
  • The partially finished basement offers high ceilings, a laundry room, a walk-up to the backyard, and outstanding future potential.

Welcome to 392 Farrell Road, a spectacular three-storey residence nestled in the prestigious Upper Thornhill Estates. This exceptional 4+1 bedroom, 5-bathroom home offers approximately 4,254 sq. ft. above grade, showcasing 10-foot ceilings on the main level, 9-foot ceilings on the second floor, and refined designer finishes throughout. The bright, open-concept main floor features elegant principal rooms ideal for both everyday living and entertaining. The custom chef's kitchen is equipped with high-end stainless steel appliances, granite countertops, an oversized center island, and bespoke cabinetry, with a walkout to a private backyard. A striking double-sided fireplace seamlessly connects the living and dining areas with the spacious family room. A well-appointed mudroom with built-in storage offers convenient access to the two-car garage. The second level includes a versatile office/media nook and four generously sized bedrooms, each complete with its own ensuite bathroom. The luxurious primary suite is highlighted by soaring ceilings, floor-to-ceiling windows, a spa-inspired five-piece ensuite, and a large walk-in closet. The third-floor loft provides exceptional flexibility, featuring a full bathroom and a walkout to a private rooftop terrace with composite decking and glass railings-an ideal space for relaxation or entertaining. The partially finished basement offers high ceilings, a laundry room, a walk-up to the backyard, and outstanding future potential. Ideally located just steps from top-rated schools, parks, nature trails, and Vaughan's finest amenities, this remarkable home delivers sophisticated, upscale living in one of the area's most sought-after communities

Key facts

Property type
Detached, 3-Storey
MLS®
N13536952
Bedrooms
5+1 (6 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
41.01 × 110 ft
Cross streets
Bathurst/Major Mackenzie
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Separate Entrance, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,784 / 2025
Days on market
103
Listing brokerage
CMI REAL ESTATE INC.

Rooms

Primary BedroomSecond6.41 × 4.61 m

hardwood floor · walk-in closet(s) · 6 pc ensuite

Family RoomMain4.15 × 3.97 m

hardwood floor · gas fireplace · large window

Bedroom 2Second3.96 × 3.35 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

KitchenMain7.33 × 4.31 m

quartz counter · centre island · pantry

Living RoomMain4.31 × 3.35 m

hardwood floor · open concept · pot lights

Bedroom 3Second4.58 × 3.91 m

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

Media RoomThird0.00 × 0.00 m

hardwood floor · open concept · galley kitchen

Bedroom 4Second4.15 × 3.43 m

hardwood floor · double closet · semi ensuite

Dining RoomMain5.18 × 4.15 m

hardwood floor · formal rm · open concept

LoftThird5.81 × 5.18 m

hardwood floor · w/o to terrace · 4 pc bath

BreakfastMain7.33 × 4.31 m

open concept · gas fireplace · w/o to yard

LibrarySecond4.31 × 3.67 m

hardwood floor · open concept · picture window

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

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
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
$9,111/mo
$379KIncome needed
5.3×Price ÷ income
$2,102Weekly cost
$36,455Land 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.

91%mortgage
Mortgage $9,111Property tax $899Total carry $10,009

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,842per month

Mortgage amount $1,599,200 · 4.49% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,741Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,842
Property tax
$899
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,741

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

One-time closing costs

Ontario land transfer tax
$36,455
Estimated closing costs
$36,455

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,702/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

$1,053,475Total interest paid
$2,652,675Total of all payments
Principal $1,599,200 Interest $1,053,475
YearPrincipalInterestBalance
1$35,687$70,420$1,563,513
2$37,308$68,799$1,526,205
3$39,002$67,105$1,487,203
4$40,772$65,335$1,446,431
5$42,624$63,483$1,403,807
6$44,559$61,548$1,359,248
7$46,582$59,525$1,312,666
8$48,697$57,410$1,263,969
9$50,908$55,199$1,213,061
10$53,220$52,887$1,159,841
11$55,636$50,471$1,104,205
12$58,162$47,945$1,046,043
13$60,803$45,304$985,240
14$63,564$42,543$921,677
15$66,450$39,657$855,227
16$69,467$36,640$785,761
17$72,621$33,486$713,140
18$75,918$30,189$637,222
19$79,365$26,742$557,857
20$82,968$23,139$474,888
21$86,736$19,371$388,153
22$90,674$15,433$297,479
23$94,791$11,316$202,688
24$99,095$7,012$103,594
25$103,594$2,513$0

At the end of your 5-year term

Total paid over the term
$530,535
Principal paid down
$195,393
Interest paid
$335,142
Balance remaining
$1,403,807

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$7,350/mo
$88,200Gross annual rent
3.3%Cap rate after taxes and upkeep

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.

4.4%
Gross yield
− Property tax $10,784− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $66,314

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

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