318 Centre Street, Vaughan, ON
Uplands, Vaughan · MLS® N13723964
About this home
In short
- Welcome to 318 Centre Street, Thornhill - a truly distinctive side-split residence showcasing modern architectural design in Vaughan's prestigious Uplands community.
- Set on an impressive and beautifully manicured 100 x 250 ft lot overlooking Oakbank Pond and surrounded by multi-million-dollar homes, this exceptional property...
- Designed with entertaining in mind, this one-of-a-kind home features soaring vaulted ceilings, dramatic floor-to-ceiling windows, and an abundance of natural light...
- The finished, open-concept walkout lower level provides additional living and entertaining space, complementing the home's generous and versatile layout.
- The property requires some TLC, with select areas offering opportunities for updating, improvements, or modifications to suit the new owner's personal style and vision.
Welcome to 318 Centre Street, Thornhill - a truly distinctive side-split residence showcasing modern architectural design in Vaughan's prestigious Uplands community. Set on an impressive and beautifully manicured 100 x 250 ft lot overlooking Oakbank Pond and surrounded by multi-million-dollar homes, this exceptional property offers a rare combination of architectural character, privacy, and an enviable setting. Designed with entertaining in mind, this one-of-a-kind home features soaring vaulted ceilings, dramatic floor-to-ceiling windows, and an abundance of natural light throughout. Multiple fireplaces create warmth and character, while the expansive layout offers exceptional spaces for hosting family and friends, including a party room, spa, bar, and several walkouts to a covered veranda and terrace. The private primary suite occupies its own level and features a luxurious 8-piece ensuite, a two-sided fireplace, and an exclusive walkout to a peaceful rooftop terrace overlooking the serene waters of Oakbank Pond. The finished, open-concept walkout lower level provides additional living and entertaining space, complementing the home's generous and versatile layout. With its unique architecture, expansive lot, seamless indoor-outdoor flow, and exceptional setting, this home presents tremendous potential for the discerning buyer. The property requires some TLC, with select areas offering opportunities for updating, improvements, or modifications to suit the new owner's personal style and vision. A rare opportunity to restore, customize, and enhance an extraordinary residence in one of Thornhill's most desirable settings, within Vaughan's prestigious Uplands community. Bring your vision and create a truly remarkable home surrounded by multi-million-dollar properties and overlooking the tranquil beauty of Oakbank Pond.
Key facts
- Property type
- Detached, Sidesplit
- MLS®
- N13723964
- Bedrooms
- 2+3 (5 total)
- Bathrooms
- 6 (2 half)
- Size
- 2500-3000 sq ft
- Lot
- 100.1 × 250.07 ft
- Cross streets
- CENTRE AND YONGE ST
- Parking
- 2 garage · 12 parking (built-in)
- Basement
- Finished with Walk-Out, Development Potential, Walk-Out, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Shingles, Unknown
- Sewer
- Sewer
- Property tax
- $16,412 / 2025
- Days on market
- 52
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
7 pc ensuite · 2 way fireplace · w/o to sundeck
4 pc ensuite · walk-in closet(s)
Overlooks Backyard
2 way fireplace · overlooks backyard · open concept
2 way fireplace · hardwood floor · overlooks backyard
b/i appliances · centre island
w/o to terrace · hardwood floor · fireplace
4 pc ensuite · closet
w/o to yard · b/i bar · fireplace
4 Pc Ensuite
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price read
For sale
For sale
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.
Per square foot, these ask about $621/sqft; this home lists at $1,250/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Uplands, Vaughan, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $2,750,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $15,207
- Property tax
- $1,368
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,575
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $72,425
- Estimated closing costs
- $72,425
Plus your down payment of $687,600. 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
- $912,446
- Principal paid down
- $336,048
- Interest paid
- $576,398
- Balance remaining
- $2,414,352
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.