106 Novella Road, Vaughan, ON
Patterson, Vaughan · MLS® N13559532
About this home
In short
- Functional Layout Freehold Townhouse On Great Neighborhood In Desirable Dufferin Hill.
- Hardwood Floor Throughout.
- Granite Counter Top (As Is).
- Master Bedroom W/ Ensuite 4Pc Bath & Walk-in Closet.
- Finished Basement W/ Laminate Fl, 3Pc Bath, Pot Lights.
Functional Layout Freehold Townhouse On Great Neighborhood In Desirable Dufferin Hill. Hardwood Floor Throughout. Granite Counter Top (As Is). Marble Back Splash, Pot Lights In Kitchen, Oak Stairs. Master Bedroom W/ Ensuite 4Pc Bath & Walk-in Closet. Finished Basement W/ Laminate Fl, 3Pc Bath, Pot Lights. No Sidewalk, 2 Car Parking Driveway. Interlocking Walkway To Backyard W/Deck & Patio. Mins To Shopping Malls, Go Station(Rutherford), Schools, Parks, Etc.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N13559532
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 21.98 × 110.03 ft
- Cross streets
- Rutherford / Dufferin
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,381 / 2025
- Days on market
- 98
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
hardwood floor · closet · south view
ceramic floor · w/o to yard · pot lights
laminate · pot lights · 3 pc bath
hardwood floor · combined w/living · open concept
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · pot lights · combined w/dining
hardwood floor · closet · south view
laminate · pot lights · window
ceramic floor · pot lights · window
Listed at $968,000. Going by how homes in Patterson and the wider GTA have actually closed against their asking prices (about 99%, 27 local closings in 90 days), the likely sale price is near $957K, if it sells. A realistic range is $897K to $1.08M.
Independent value check: $872K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $818K and $914K).
Why $872K. The typical townhouse sold in Patterson over the past year went for about $1.14M (140 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,381 a year; the typical home sold here pays about $5,400.
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
Longer on the market than typical. 98 days on the market against about 28 for homes like it here, and asking 11% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $957K, from 27 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 15 townhouse homes for sale in the area against 27 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $745/sqft against an area asking average of $661/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $883K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Based on 3 homes sold on this street over the past two years, plus 2 nearby in Patterson, from 267 closings in Patterson.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $744/sqft; this home lists at $745/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Patterson: $1.04M in September 2026, up 2% from a year ago, on 140 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.17M | 17 |
| November 2025 | $1.08M | 7 |
| December 2025 | $1.09M | 9 |
| January 2026 | $1.16M | 5 |
| February 2026 | $1.07M | 12 |
| March 2026 | $980K | 7 |
| April 2026 | $1.15M | 16 |
| May 2026 | $1.05M | 17 |
| June 2026 | $1.11M | 14 |
| July 2026 | $1.15M | 16 |
| August 2026 | $1.20M | 14 |
| September 2026 | $1.04M | 6 |
Neighbourhood & location
Patterson, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $774,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,282
- Property tax
- $365
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,647
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,835
- Estimated closing costs
- $15,835
Plus your down payment of $193,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $256,907
- Principal paid down
- $94,617
- Interest paid
- $162,290
- Balance remaining
- $679,783
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 110 whole-home leases in Patterson signed at a median of $3,813 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,437. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.