34 Royalpark Way, Vaughan, ON
Elder Mills, Vaughan · MLS® N13650294
About this home
In short
- Step into a home that truly delivers on space, comfort, and lifestyle.
- This impressive 4+2 bedroom, 4 bathroom residence offers a bright, open layout with generous living areas designed for both family living and entertaining.
- The fully finished basement adds incredible flexibility - perfect for extended family, guests, a home office, or a recreation space.
- Set in a highly sought-after, family-friendly neighborhood, this home is conveniently located close to schools, parks, shopping, transit, and everyday essentials.
Step into a home that truly delivers on space, comfort, and lifestyle. This impressive 4+2 bedroom, 4 bathroom residence offers a bright, open layout with generous living areas designed for both family living and entertaining. The fully finished basement adds incredible flexibility - perfect for extended family, guests, a home office, or a recreation space. Outside, enjoy a huge backyard that's ideal for summer BBQs, kids at play, or relaxing in your own private outdoor retreat. Set in a highly sought-after, family-friendly neighborhood, this home is conveniently located close to schools, parks, shopping, transit, and everyday essentials. With its unbeatable combination of size, functionality, and location, this is a rare opportunity you don't want to miss. Book your showing today!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13650294
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 32.96 × 197.06 ft
- Cross streets
- Royalpark Way/ Hwy 27
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Available
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $5,752 / 2025
- Days on market
- 73
- Listing brokerage
- NORTH 2 SOUTH REALTY
Rooms
Listed at $1,300,000, about 7% above our estimate of $1.21M (homes like it typically land between $1.14M and $1.27M).
Why $1.21M. The typical detached home sold in Elder Mills over the past year went for about $1.25M (17 sales). What sets this one apart:
- ▼ Lowers it slightlyIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
Longer on the market than typical. 73 days on the market, and asking 7% above where comparable closings put it.
Total price vs nearby homes. Fair value about $1.21M, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $578/sqft against an area asking average of $605/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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.40M. Condition and finishes remain an in-person call.
What the listing highlights2 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
- 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 ($578/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Elder Mills, so I widened the search to the surrounding area.
Based on 19 comparable homes that sold in Elder Mills over the past two years, from 35 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.21M, which is where my estimate comes from.
Per square foot, these ask about $1,265/sqft; this home lists at $578/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Vaughan: $1.43M in September 2026, down 2% from a year ago, on 1,377 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.47M | 149 |
| November 2025 | $1.51M | 97 |
| December 2025 | $1.39M | 76 |
| January 2026 | $1.33M | 70 |
| February 2026 | $1.44M | 81 |
| March 2026 | $1.45M | 109 |
| April 2026 | $1.40M | 130 |
| May 2026 | $1.44M | 159 |
| June 2026 | $1.42M | 160 |
| July 2026 | $1.39M | 115 |
| August 2026 | $1.45M | 123 |
| September 2026 | $1.43M | 108 |
Neighbourhood & location
Elder Mills, 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 $1,040,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,750
- Property tax
- $479
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,230
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,475
- Estimated closing costs
- $22,475
Plus your down payment of $260,000. 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
- $345,020
- Principal paid down
- $127,069
- Interest paid
- $217,952
- Balance remaining
- $912,931
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NORTH 2 SOUTH REALTY. MLS®/PropTx.