119 Spring Town Road, Vaughan, ON

East Woodbridge, Vaughan · MLS® N13704732

$1,399,990
For Sale
Listed 57 days agoNo offer date statedSitting longer than typical
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Wow Welcome To Home To This Spacious Detached 2-Storey Over 2300 Sq.
  • Ft - 4 Bedroom 4 Bathroom Located In Superb East Woodbridge Area.
  • 119 Spring Town Rd Includes Rarely Available 4 Piece Bathroom On Main Level + BONUS BONUS Main Level Office Which Can Be Used 'Like' A 5th Bedroom - Elegant Kitchen...

Wow Welcome To Home To This Spacious Detached 2-Storey Over 2300 Sq. Ft - 4 Bedroom 4 Bathroom Located In Superb East Woodbridge Area. 119 Spring Town Rd Includes Rarely Available 4 Piece Bathroom On Main Level + **BONUS BONUS** Main Level Office Which Can Be Used 'Like' A 5th Bedroom - Elegant Kitchen With Breakfast Area and Walk Out To Backyard, Large Bedrooms, Finished Basement Apartment With Separate Entrance Great For In Law Suite Of Potential Extra Income, Fireplace, Double Car Garage, Ample Parking & So Much More...Do Not Miss The Opportunity To Call This One Home Sweet Home!!

Key facts

Property type
Detached, 2-Storey
MLS®
N13704732
Bedrooms
4
Bathrooms
4
Size
2000-2500 sq ft
Lot
39.37 × 115.07 ft
Cross streets
Aberdeen Ave/Embassy
Parking
2 garage · 4 parking (attached)
Basement
Separate Entrance, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$5,375 / 2025
Days on market
57
Listing brokerage
CASTLEMORE REAL ESTATE LIMITED
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.34Mlikely sale price

Listed at $1,399,990. Going by how homes in East Woodbridge have actually closed against their asking prices (about 96%, 43 local closings in 90 days), the likely sale price is near $1.34M, if it sells. A realistic range is $1.26M to $1.51M.

Independent value check: $1.21M. Without looking at the asking price, our model values the home itself about 14% below the ask (homes like it typically land between $1.13M and $1.27M).

Why $1.21M. The typical detached home sold in East Woodbridge over the past year went for about $1.39M (109 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $5,375 a year; the typical home sold here pays about $6,300.
  • ▼ Lowers itIt 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. 57 days on the market against about 31 for homes like it here, and asking 16% above where comparable closings put it.

List price
$1.26MBelow recent closings$1.51MAbove recent closings

Total price vs nearby homes. Likely closing about $1.34M, from 43 recent closings in this pocket.

The market behind the math:

43sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−16%prices vs a year ago
~22 dayshomes like this take to sell
57days on market so far
$3,571/moest. rent · 27 leases
3.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 25 detached homes for sale in the area against 43 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 $622/sqft against an area asking average of $591/sqft.

  • Separate-entrance basement apartment features. A finished 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 East Woodbridge: 46 of the 136 detached leases here lately were basement units, around $1,850 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 43 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.22M. 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.

  • 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
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($622/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 43 comparable homes that sold in East Woodbridge over the past two years, from 245 closings there.

Sold price trend

Median sold price for detached homes in East Woodbridge: $1.53M in September 2026, down 4% from a year ago, on 107 closings in 11 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$1.45M9
November 2025$1.32M11
December 2025$1.60M6
January 2026$1.16M7
February 2026$1.58M6
March 2026$1.33M12
May 2026$1.65M9
June 2026$1.32M11
July 2026$1.25M9
August 2026$1.27M16
September 2026$1.53M11

Neighbourhood & location

East Woodbridge, 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.

West Woodbridge
$1.45M
Vellore Village
$1.67M
Sonoma Heights
$1.47M
Glen Shields
$1.28M
Kleinburg
$3.39M

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
$6,381/mo
$260KIncome needed
5.4×Price ÷ income
$1,472Weekly cost
$24,475Land 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 $6,381Property tax $448Total carry $6,829

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,193per month

Mortgage amount $1,119,992 · 4.49% over 25 years

$279,998Down payment (20.0%)
$1,119,992Loan before insurance
$0CMHC premium
$6,641Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,193
Property tax
$448
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,641

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

One-time closing costs

Ontario land transfer tax
$24,475
Estimated closing costs
$24,475

Plus your down payment of $279,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,495/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

$737,796Total interest paid
$1,857,788Total of all payments
Principal $1,119,992 Interest $737,796
YearPrincipalInterestBalance
1$24,993$49,318$1,094,999
2$26,128$48,183$1,068,870
3$27,315$46,997$1,041,556
4$28,555$45,757$1,013,001
5$29,851$44,460$983,150
6$31,207$43,105$951,943
7$32,624$41,688$919,319
8$34,105$40,207$885,215
9$35,653$38,658$849,561
10$37,272$37,039$812,289
11$38,964$35,347$773,325
12$40,734$33,578$732,591
13$42,583$31,729$690,008
14$44,516$29,795$645,492
15$46,538$27,774$598,954
16$48,651$25,661$550,304
17$50,860$23,452$499,444
18$53,169$21,143$446,275
19$55,583$18,729$390,692
20$58,107$16,205$332,586
21$60,745$13,567$271,841
22$63,503$10,809$208,338
23$66,386$7,925$141,952
24$69,400$4,911$72,551
25$72,551$1,760$0

At the end of your 5-year term

Total paid over the term
$371,558
Principal paid down
$136,842
Interest paid
$234,715
Balance remaining
$983,150

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 27 whole-home leases in East Woodbridge$3,571/mo
$42,852Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,280 to $4,031Typical rent range
~37 daysTo find a tenant, on average

The suite is real income here: basements rent in East Woodbridge (46 of 136 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 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 numbers

The last 27 whole-home leases in East Woodbridge signed at a median of $3,408 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,571. 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.

3.1%
Gross yield
− Property tax $5,375− Insurance $1,400− Vacancy & upkeep $4,714Net operating income $31,363

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CASTLEMORE REAL ESTATE LIMITED. MLS®/PropTx.

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