502 Apple Blossom Drive, Vaughan, ON

Patterson, Vaughan · MLS® N13634786

$1,599,000
For Sale
Listed 76 days agoNo offer date stated
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4+2Bedrooms
5Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome to this beautifully updated home situated on a corner lot in the prestigious Thornhill Woods community.
  • The renovated gourmet kitchen features quartz countertops, a matching backsplash, stainless steel appliances, dual sinks, a beverage fridge, and plenty of workspace...
  • The upper level offers brand-new flooring, oversized bedrooms with large closets, a convenient second-floor laundry room, and a stunning renovated 5-piece primary...
  • The finished basement adds two additional bedrooms, a full bathroom, and versatile living space perfect for extended family, guests, or a home office.
  • Ideally located close to top-rated schools, parks, trails, shopping, transit, and every amenity.

Welcome to this beautifully updated home situated on a corner lot in the prestigious Thornhill Woods community. Filled with an abundance of natural sunlight from every direction, this exceptional home offers 9-foot ceilings, spacious principal rooms, and a functional layout designed for modern family living.The renovated gourmet kitchen features quartz countertops, a matching backsplash, stainless steel appliances, dual sinks, a beverage fridge, and plenty of workspace for everyday living and entertaining. The upper level offers brand-new flooring, oversized bedrooms with large closets, a convenient second-floor laundry room, and a stunning renovated 5-piece primary ensuite. The finished basement adds two additional bedrooms, a full bathroom, and versatile living space perfect for extended family, guests, or a home office. Enjoy the extra-wide backyard with plenty of room to entertain, relax, or let the kids play. Ideally located close to top-rated schools, parks, trails, shopping, transit, and every amenity. Beautifully updated, move-in ready, and offering the perfect blend of style, space, and location.

Key facts

Property type
Detached, 2-Storey
MLS®
N13634786
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
48.81 × 111.35 ft
Cross streets
Bathurst / Rutherford
Parking
2 garage · 4 parking (built-in)
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,942 / 2025
Days on market
76
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BedroomBasement0.00 × 0.00 m
Bedroom 2Second4.02 × 3.90 m

4 pc ensuite · hardwood floor · led lighting

KitchenMain4.90 × 3.21 m

quartz counter · stainless steel appl · family size kitchen

RecreationBasement0.00 × 0.00 m

b/i bookcase · 3 pc bath · pot lights

Primary BedroomSecond6.06 × 4.02 m

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

Family RoomMain4.65 × 4.35 m

hardwood floor · fireplace · separate room

Bedroom 4Second4.92 × 4.32 m

5 pc bath · hardwood floor · walk-in closet(s)

Living RoomMain4.00 × 4.45 m

hardwood floor · pot lights · crown moulding

BathroomBasement0.00 × 0.00 m
Bedroom 3Second4.55 × 3.33 m

5 pc bath · hardwood floor · led lighting

LaundrySecond2.21 × 1.89 m

tile floor · laundry sink · separate room

Dining RoomMain3.21 × 4.45 m

hardwood floor · pot lights · combined w/dining

BreakfastMain3.21 × 2.72 m

eat-in kitchen · w/o to yard · breakfast area

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.61Mlikely sale price

Listed at $1,599,000. Going by how homes in Patterson have actually closed against their asking prices (about 101%, 60 local closings in 90 days), the likely sale price is near $1.61M, if it sells. A realistic range is $1.51M to $1.81M.

Independent value check: $1.74M. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $1.63M and $1.82M).

Why $1.74M. The typical detached home sold in Patterson over the past year went for about $1.65M (264 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,942 a year; the typical home sold here pays about $7,600.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$1.51MBelow recent closings$1.81MAbove recent closings

Total price vs nearby homes. Likely closing about $1.61M, from 60 recent closings in this pocket.

The market behind the math:

60sold nearby · 90 days
$1.50Mmedian sold price
102%of asking, on average
−12%prices vs a year ago
~17 dayshomes like this take to sell
76days on market so far
$5,634/moest. rent · 96 leases
4.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 53 detached homes for sale in the area against 60 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 $581/sqft against an area asking average of $639/sqft.

  • Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.70M. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 60 comparable homes that sold in Patterson over the past two years, from 500 closings there.

Sold price trend

Median sold price for detached homes in Patterson: $1.42M in September 2026, down 8% from a year ago, on 259 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$1.73M33
November 2025$1.79M22
December 2025$1.52M12
January 2026$1.57M8
February 2026$1.61M17
March 2026$1.71M24
April 2026$1.65M21
May 2026$1.79M32
June 2026$1.63M29
July 2026$1.65M17
August 2026$1.62M24
September 2026$1.42M20

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.

Uplands
$1.55M
Brownridge
$1.24M
Maple
$1.63M
Glen Shields
$1.28M
Lakeview Estates
$949K

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
$7,288/mo
$302KIncome needed
5.3×Price ÷ income
$1,682Weekly cost
$28,455Land 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.

92%mortgage
Mortgage $7,288Property tax $662Total carry $7,950

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)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,735Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$662
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,735

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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 96 whole-home leases in Patterson$5,634/mo
$67,608Gross annual rent
3.2%Cap rate after taxes and upkeep
$5,266 to $6,063Typical rent range
~38 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 96 whole-home leases in Patterson signed at a median of $5,444 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,634. 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.

4.2%
Gross yield
− Property tax $7,942− Insurance $1,400− Vacancy & upkeep $7,437Net operating income $50,829

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

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