31 Lonny Court, Vaughan, ON
Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13706088
About this home
In short
- Stunning Detached Home At 31 Lonny Court. Beautifully Renovated & Perfect For Family Living.
- Top 8 Reasons You Will Love This Home: 1) Spacious Detached Home With A Functional Family-Friendly Layout, Wide Engineered Hardwood Floors & Pot Lights Throughout...
***Stunning Detached Home At 31 Lonny Court.*** Beautifully Renovated & Perfect For Family Living! Top 8 Reasons You Will Love This Home: 1) Spacious Detached Home With A Functional Family-Friendly Layout, Wide Engineered Hardwood Floors & Pot Lights Throughout (Excluding Living Room) 2) Newly Renovated Main-Floor Kitchen Featuring Porcelain Floors, Quartz Countertops, Large Sink, KitchenAid Built-In Gas Stove, LG Fridge, LG Dishwasher & Microwave/Oven, Plus An Inviting Family Room With Electric Fireplace & Convenient 2Pc Powder Room 3) Three Generous Upper-Level Bedrooms Including Primary Bedroom With 5Pc Ensuite, Plus Additional 3Pc Hallway Bathroom 4) Finished Basement With Separate Entrance, Full Kitchen, Two Bedrooms & 3Pc Bathroom, Offering Excellent Additional Living Space & Perfect For Investment Purposes 5) Spacious Backyard With Gazebo, Offering The Perfect Setting For Outdoor Entertaining, Family Gatherings & Summer Enjoyment 6) Beautifully Renovated Stucco Exterior & Major Updates Including Roof, Windows, And Front Door 7) Attached 2-Car Garage Plus Private Driveway With Parking For 3 Additional Vehicles 8) Ideally Located In A Family-Friendly Community Close To Schools, Parks, Shopping, Restaurants & Everyday Amenities. Beautifully Maintained & Thoughtfully Updated Inside & Out, The Perfect Place To Call Home!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13706088
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 33.59 × 98.45 ft
- Cross streets
- Bathurst/Clark
- Parking
- 2 garage · 5 parking (built-in)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,942 / 2025
- Days on market
- 56
- Listing brokerage
- VILENSKY REALTY
Rooms
5 pc ensuite · b/i closet · hardwood floor
fireplace · french doors · hardwood floor
b/i closet · porcelain floor · skylight
combined w/dining · b/i bookcase · hardwood floor
porcelain floor · quartz counter · walk-out
double closet · window · hardwood floor
beamed ceilings · french doors · wainscoting
b/i closet · window · hardwood floor
combined w/family · pot lights · hardwood floor
Listed at $1,500,000. 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: $1.31M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $1.23M and $1.37M).
Why $1.31M. 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:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,942 a year; the typical home sold here pays about $6,400.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Longer on the market than typical. 56 days on the market against about 18 for homes like it here, and asking 15% 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 $667/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 $1.26M. 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.
- 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
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 $667/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 $1,200,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,635
- Property tax
- $495
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,130
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,475
- Estimated closing costs
- $26,475
Plus your down payment of $300,000. 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
- $398,100
- Principal paid down
- $146,618
- Interest paid
- $251,483
- Balance remaining
- $1,053,382
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 23 whole-home leases in Crestwood-Springfarm-Yorkhill signed at a median of $4,667 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,857. 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 VILENSKY REALTY. MLS®/PropTx.