14 Gas Light Crescent, Vaughan, ON

East Woodbridge, Vaughan · MLS® N13725554

$1,590,000
For Sale
Listed 43 days agoNo offer date stated

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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Visit the REALTOR website for further information about this Listing.
  • Of finished living space on three levels with a separate entrance to the basement level.
  • The main level features warm hardwood floors and newly renovated kitchen with oak cabinetry, offering both timeless style and functionality.
  • The finished basement offers additional living space and rental potential with a large cool room for storage.
  • Step outside to enjoy your own private backyard retreat, featuring a wooden deck with an integrated hot tub- perfect for relaxing or entertaining family and friends.

Visit the REALTOR website for further information about this Listing. Welcome to this beautifully maintained home, thoughtfully updated preserving its original character and integrity on a highly desired quiet family street. Approximately 4300 SQ.FT. Of finished living space on three levels with a separate entrance to the basement level. The main level features warm hardwood floors and newly renovated kitchen with oak cabinetry, offering both timeless style and functionality. The kitchen includes all essential appliances, each less than three years old. A custom laundry room with beautiful rosewood cabinetry adds exceptional storage and convenience, while the updated bathrooms on the main and second levels provide a fresh, modern touch. The finished basement offers additional living space and rental potential with a large cool room for storage. Step outside to enjoy your own private backyard retreat, featuring a wooden deck with an integrated hot tub- perfect for relaxing or entertaining family and friends. Proudly cared for by owner who took great pride in the home which is evident through the custom features. This property offers a rare combination of quality craftsmanship, thoughtful renovations, and enduring character. A wonderful opportunity to own a home that has been lovingly maintained and thoughtfully updated throughout.

Key facts

Property type
Detached, 2-Storey
MLS®
N13725554
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
49 × 126 ft
Cross streets
Hwy 7 & Pine Valley
Parking
2 garage · 6 parking (attached)
Driveway
Front Yard Parking
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,900 / 2025
Days on market
43
Listing brokerage
EASY LIST REALTY LTD.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

East Woodbridge, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$7,247/mo
$297KIncome needed
5.4×Price ÷ income
$1,672Weekly cost
$28,275Land 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 $7,247Property tax $575Total carry $7,822

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,033per month

Mortgage amount $1,272,000 · 4.49% over 25 years

$318,000Down payment (20.0%)
$1,272,000Loan before insurance
$0CMHC premium
$7,608Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,033
Property tax
$575
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,608

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

One-time closing costs

Ontario land transfer tax
$28,275
Estimated closing costs
$28,275

Plus your down payment of $318,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,512/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

$837,932Total interest paid
$2,109,932Total of all payments
Principal $1,272,000 Interest $837,932
YearPrincipalInterestBalance
1$28,386$56,012$1,243,614
2$29,674$54,723$1,213,940
3$31,022$53,375$1,182,918
4$32,430$51,967$1,150,488
5$33,903$50,495$1,116,585
6$35,442$48,955$1,081,143
7$37,051$47,346$1,044,092
8$38,734$45,664$1,005,358
9$40,492$43,905$964,866
10$42,331$42,067$922,535
11$44,253$40,145$878,282
12$46,262$38,135$832,020
13$48,362$36,035$783,658
14$50,558$33,839$733,100
15$52,854$31,543$680,246
16$55,254$29,144$624,992
17$57,762$26,635$567,230
18$60,385$24,012$506,845
19$63,127$21,271$443,718
20$65,993$18,404$377,725
21$68,989$15,408$308,736
22$72,122$12,276$236,614
23$75,396$9,001$161,218
24$78,820$5,578$82,398
25$82,398$1,999$0

At the end of your 5-year term

Total paid over the term
$421,986
Principal paid down
$155,415
Interest paid
$266,571
Balance remaining
$1,116,585

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.

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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
Estimate$5,250/mo
$63,000Gross annual rent
3.0%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

4.0%
Gross yield
− Property tax $6,900− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,770

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EASY LIST REALTY LTD.. MLS®/PropTx.

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