35 Royal Palm Drive, Vaughan, ON
Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13653454
About this home
In short
- Welcome to this bright and spacious 4-bedroom detached home with a double-car garage in the highly desirable Thornhill community.
- Sun-filled kitchen with skylight, south-facing living room with sliding door to the backyard, and a spacious primary bedroom featuring two windows and a walk-in closet.
- Finished basement with 2 bedrooms and a separate entrance.
- Minutes to transit, the future subway station, new Galleria Supermarket, schools, parks, and all amenities.
Welcome to this bright and spacious 4-bedroom detached home with a double-car garage in the highly desirable Thornhill community. Sun-filled kitchen with skylight, south-facing living room with sliding door to the backyard, and a spacious primary bedroom featuring two windows and a walk-in closet. Skylight above the staircase fills the home with natural light. Finished basement with 2 bedrooms and a separate entrance. Minutes to transit, the future subway station, new Galleria Supermarket, schools, parks, and all amenities.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13653454
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 34.45 × 106.63 ft
- Cross streets
- Royal Palm Dr / Hilda Ave
- Parking
- 2 garage · 5 parking (attached)
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,909 / 2025
- Days on market
- 72
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Rooms
laminate · carpet free
laminate · large window · carpet free
brick fireplace · sliding doors · hardwood floor
Laminate
skylight · breakfast area · tile floor
laminate · carpet free
laminate · large window · large closet
walk-in closet(s) · large window · 4 pc bath
large window · large closet · carpet free
hardwood floor · combined w/dining · large window
Listed at $1,499,000. Going by how homes in Crestwood-Springfarm-Yorkhill and the wider GTA have actually closed against their asking prices (about 99%, 19 local closings in 90 days), the likely sale price is near $1.48M, if it sells. A realistic range is $1.39M to $1.67M.
Independent value check: $1.34M. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $1.26M and $1.41M).
Why $1.34M. The typical detached home sold in Crestwood-Springfarm-Yorkhill over the past year went for about $1.37M (76 sales). What sets this one apart:
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,909 a year; the typical home sold here pays about $6,400.
Longer on the market than typical. 72 days on the market against about 18 for homes like it here, and asking 12% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.48M, from 19 recent closings in this pocket.
The market behind the math:
About 1.1 months of inventory: 7 detached homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $666/sqft against an area asking average of $621/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Crestwood-Springfarm-Yorkhill: 15 of the 75 detached leases here lately were basement units, around $1,600 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Vaughan.
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 $1.31M. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- 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
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 19 comparable homes that sold in Crestwood-Springfarm-Yorkhill over the past two years, from 134 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $630/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Crestwood-Springfarm-Yorkhill: $1.37M in August 2026, down 6% from a year ago, on 60 closings in 8 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 |
|---|---|---|
| November 2025 | $1.23M | 8 |
| February 2026 | $1.44M | 8 |
| March 2026 | $1.35M | 7 |
| April 2026 | $1.44M | 7 |
| May 2026 | $1.38M | 10 |
| June 2026 | $1.25M | 5 |
| July 2026 | $1.18M | 7 |
| August 2026 | $1.37M | 8 |
Neighbourhood & location
Crestwood-Springfarm-Yorkhill, 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 19, 2026); conventional rates run a little higher.
Mortgage amount $1,199,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,631
- Property tax
- $576
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,206
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,455
- Estimated closing costs
- $26,455
Plus your down payment of $299,800. 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
- $397,835
- Principal paid down
- $146,520
- Interest paid
- $251,315
- Balance remaining
- $1,052,680
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
The suite is real income here: basements rent in Crestwood-Springfarm-Yorkhill (15 of 75 recent detached leases were basement units, around $1,600 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,600 a month on top of the upper floors. Permitted use is worth confirming with the city.
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 20 whole-home leases in Crestwood-Springfarm-Yorkhill signed at a median of $4,653 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,750. 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 HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.