148 Solway Avenue, Vaughan, ON

Maple, Vaughan · MLS® N13620232

$1,250,000
For Sale
Listed 82 days agoNo offer date statedSitting longer than typical
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3Bedrooms
3Bathrooms
2Garage · 4 parking
1100-1500Sq ft

About this home

In short

  • Gorgeous Bungalow nestled in a Highly Desirable Pocket of Maple.
  • Featuring 9ft Ceilings w/Crown Moulding & pot lights, 3 Spacious Bedrooms with a Primary Ensuite & walk-in Closet w/Organizers.
  • An Upgraded Eat-in Kitchen w/Stainless Steel Appliances & Granite Counter Tops, Hardwood Floors, Modern Bathrooms, 2 Walk-outs to the Backyard Deck, Roof(2015), CAC...
  • This home offers an Excellent Floor Plan with a 2nd Kitchen in a Fully Finished Basement, providing Additional living space for recreation or Potential In-law suite...
  • Located Close to many convienient Amenities: Top Ranked Schools, Walking/Bike Trails, Transit, Longos/Fortinos Plaza & Minutes From Cortellucci Hospital, The Maple...

Gorgeous Bungalow nestled in a Highly Desirable Pocket of Maple! This Detached Modern Home offers a Spacious, well-kept interior with an excellent layout & Finished Basement. As you Walk into this home & thru the welcoming foyer, you'll notice the level entrance with no stairs. Inside & Out, you'll enjoy the Modern Finishes & Upgrades throughout. Featuring 9ft Ceilings w/Crown Moulding & pot lights, 3 Spacious Bedrooms with a Primary Ensuite & walk-in Closet w/Organizers! An Upgraded Eat-in Kitchen w/Stainless Steel Appliances & Granite Counter Tops, Hardwood Floors, Modern Bathrooms, 2 Walk-outs to the Backyard Deck, Roof(2015), CAC (2026), Windows & Sliding Doors(2015). This home offers an Excellent Floor Plan with a 2nd Kitchen in a Fully Finished Basement, providing Additional living space for recreation or Potential In-law suite accommodation. Outside, this home has a Stunning Curb appeal, Interlock Stone walkways & a Large low maintenance Custom Built Deck (2020) for Entertaining &/or Relaxation in the backyard! Located Close to many convienient Amenities: Top Ranked Schools, Walking/Bike Trails, Transit, Longos/Fortinos Plaza & Minutes From Cortellucci Hospital, The Maple GO, Eagle's Nest Golf Club, Canada's Wonderland & Hwy 400!

Key facts

Property type
Detached, Bungalow
MLS®
N13620232
Bedrooms
3
Bathrooms
3
Size
1100-1500 sq ft
Lot
35.97 × 120 ft
Cross streets
Keele St / Drummond Dr
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,177 / 2026
Days on market
82
Listing brokerage
CENTURY 21 PARKLAND LTD.

Rooms

Primary BedroomMain4.00 × 3.40 m

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

Cold Room/CantinaLower0.00 × 0.00 m
Bedroom 2Main3.70 × 2.72 m

hardwood floor · double closet · w/o to deck

Dining RoomMain6.00 × 4.40 m

hardwood floor · crown moulding · combined w/living

LaundryLower4.20 × 3.28 m

separate room · window · double closet

Living RoomMain6.00 × 4.40 m

hardwood floor · gas fireplace · pot lights

BreakfastMain4.95 × 3.32 m

eat-in kitchen · updated · combined w/kitchen

KitchenMain4.95 × 3.32 m

stainless steel appl · granite counters · breakfast bar

RecreationLower12.10 × 4.20 m

laminate · gas fireplace · pot lights

KitchenLower5.30 × 3.60 m

stainless steel appl · granite counters · open concept

Bedroom 3Main3.25 × 2.70 m

hardwood floor · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.23Mlikely sale price

Listed at $1,250,000. Going by how homes in Maple and the wider GTA have actually closed against their asking prices (about 98%, 36 local closings in 90 days), the likely sale price is near $1.23M, if it sells. A realistic range is $1.15M to $1.38M.

Independent value check: $1.15M. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $1.07M and $1.20M).

Why $1.15M. The typical detached home sold in Maple over the past year went for about $1.30M (175 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,177 a year; the typical home sold here pays about $5,800.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly3 bedrooms and 3 baths, against 4+1 and 4 typically.

Longer on the market than typical. 82 days on the market against about 26 for homes like it here, and asking 9% above where comparable closings put it.

List price
$1.15MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Likely closing about $1.23M, from 36 recent closings in this pocket.

The market behind the math:

36sold nearby · 90 days
$1.25Mmedian sold price
98%of asking, on average
−4%prices vs a year ago
~20 dayshomes like this take to sell
82days on market so far
$3,129/moest. rent · 45 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.5 months of inventory: 6 detached homes for sale in the area against 36 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $962/sqft against an area asking average of $954/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 36 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.14M. 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($962/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 36 comparable homes that sold in Maple over the past two years, from 330 closings there.

What sellers nearby are askingCurrently listed nearby in Maple · asking prices
$1.30Mavg 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 $1.15M, which is where my estimate comes from.

Per square foot, these ask about $795/sqft; this home lists at $962/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 6 active listings nearby.

See all comparable homes
1.25MThis home1.20M1.43M1.25M1.25M1.40MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Maple: $1.19M in September 2026, down 7% from a year ago, on 170 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.

Month by month
MonthMedian soldClosings
October 2025$1.40M13
November 2025$1.39M14
December 2025$1.38M10
January 2026$1.25M17
February 2026$1.28M8
March 2026$1.30M7
April 2026$1.28M18
May 2026$1.35M20
June 2026$1.29M23
July 2026$1.32M17
August 2026$1.28M13
September 2026$1.19M10

Neighbourhood & location

Maple, 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.

Patterson
$1.73M
Vellore Village
$1.63M
Uplands
$1.52M
Brownridge
$1.21M
Glen Shields
$1.28M

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
$5,697/mo
$234KIncome needed
5.4×Price ÷ income
$1,315Weekly cost
$21,475Land 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 $5,697Property tax $431Total carry $6,129

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,529per month

Mortgage amount $1,000,000 · 4.49% over 25 years

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$5,961Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,529
Property tax
$431
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,961

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

One-time closing costs

Ontario land transfer tax
$21,475
Estimated closing costs
$21,475

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,692/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

$658,751Total interest paid
$1,658,751Total of all payments
Principal $1,000,000 Interest $658,751
YearPrincipalInterestBalance
1$22,316$44,034$977,684
2$23,329$43,021$954,355
3$24,388$41,962$929,967
4$25,496$40,855$904,472
5$26,653$39,697$877,818
6$27,863$38,487$849,955
7$29,128$37,222$820,827
8$30,451$35,899$790,376
9$31,834$34,517$758,542
10$33,279$33,071$725,263
11$34,790$31,560$690,474
12$36,369$29,981$654,104
13$38,021$28,329$616,083
14$39,747$26,603$576,336
15$41,552$24,798$534,784
16$43,438$22,912$491,346
17$45,411$20,939$445,935
18$47,472$18,878$398,463
19$49,628$16,722$348,835
20$51,881$14,469$296,954
21$54,237$12,113$242,717
22$56,699$9,651$186,017
23$59,274$7,076$126,744
24$61,965$4,385$64,779
25$64,779$1,572$0

At the end of your 5-year term

Total paid over the term
$331,750
Principal paid down
$122,182
Interest paid
$209,569
Balance remaining
$877,818

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 45 whole-home leases in Maple$3,129/mo
$37,548Gross annual rent
2.1%Cap rate after taxes and upkeep
$2,925 to $3,313Typical rent range
~18 daysTo find a tenant, on average

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 45 whole-home leases in Maple signed at a median of $3,475 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,129. 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.

3.0%
Gross yield
− Property tax $5,177− Insurance $1,400− Vacancy & upkeep $4,130Net operating income $26,841

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PARKLAND LTD.. MLS®/PropTx.

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