59 Marita Place, Vaughan, ON

Glen Shields, Vaughan · MLS® N13729498

$999,000
For Sale
Just listed today
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4Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq Ft

About this home

Welcome To This Beautifully Maintained Fully Detached 3+1 Bedroom Home Located On A Quiet Street With Direct Access To The Park (Lake/Pond/Playground/Biking Trails) In A Highly Desirable Glen Shields Community In Vaughan!!! One Of The Biggest 3 Bedroom Models Offering Approximately 1,800 SQ FT Plus Finished Basement. Originally Was Offered As A Four (4) Bedroom Floor Plan By The Builder. Can Be Easily Converted Into 4 Bedroom Home. Main Floor Offers Spacious Family Room With Cozy Gas Fireplace As Well As Combined Living And Dining Rooms. Upgraded Kitchen (2020) With Stainless Steel Appliances, Quartz Countertops And Updated Backsplash. Upgraded Hardwood Floors On Main Floor (2020). Main Floor Freshly Painted (2026). Large Three Bedrooms On Second Level. Spacious Primary Bedroom Comes With A Four Piece En-Suite And Walk In Closet. Finished Basement With Large Rec Room. Upgraded Roof (2024), A/C (2020), Basement Laminate Flooring (2016), Front Door (2018). Located Minutes From Excellent Schools, Parks, Walking And Biking Trails, Playgrounds, Tennis And Basketball Courts, Splash Pad, TTC, York University, Subway, Vaughan Mills, Canada's Wonderland, Promenade Mall, Yorkdale, Costco, Walmart, Superstore, Home Depot, And Major Highways (400, 401, 407 & 7). An Exceptional Turnkey Home Offering Comfort And Outstanding Value.

Key facts

Property type
Detached, 2-Storey
MLS®
N13729498
Bedrooms
4 (3 + 1)
Bathrooms
4 (2 half)
Size
1500-2000
Lot
29.52 × 110.01 ft
Cross streets
Dufferin and Steeles
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,136 / 2025
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Our TakeTeam Asgarian · Broker
Below comparables
$1.28Mest. value

Listed at $999,000, and my independent estimate is about 22% below comparable homes, worth a close look.

List price
$999KBelow asking range$1.29MAbove asking range

Total price vs nearby homes. Fair value about $1.28M, median of 6 comparables.

The market behind the math:

This home
Below area avgAbove area avg

Price per square foot: this home lists at $571/sqft against an area asking average of $642/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 6 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.08M, a bit lower.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Glen Shields, so I widened the search to the surrounding area.

Based on 6 comparable homes nearby.

What sellers nearby are askingCurrently listed nearby in Glen Shields · asking prices
$1.09Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

108 Anthony Lane $643/sqft$1.13M90 Bob O'Link Avenue $677/sqft$880k3 New Seabury Drive $731/sqft$1.28M

Per square foot, these ask about $684/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
999kThis home1.13M880k1.28MThis home vs active comparables

Neighbourhood & location

Glen Shields, 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.

Brownridge
$1.27M
Crestwood-Springfarm-Yorkhill
$1.42M
Uplands
$2.95M
Patterson
$1.62M
East Woodbridge
$1.55M

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
$4,553/mo
$191KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
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.

91%mortgage
Mortgage $4,553Property tax $428Total carry $4,981

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 31, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,309per month

Mortgage amount $799,200 · 4.24% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,737Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,309
Property tax
$428
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,737

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,228/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

$493,373Total interest paid
$1,292,573Total of all payments
Principal $799,200 Interest $493,373
YearPrincipalInterestBalance
1$18,465$33,238$780,735
2$19,257$32,446$761,478
3$20,082$31,621$741,396
4$20,942$30,761$720,454
5$21,840$29,863$698,614
6$22,775$28,928$675,839
7$23,751$27,952$652,088
8$24,769$26,934$627,319
9$25,830$25,873$601,488
10$26,937$24,766$574,551
11$28,091$23,611$546,460
12$29,295$22,408$517,165
13$30,550$21,152$486,614
14$31,860$19,843$454,755
15$33,225$18,478$421,530
16$34,648$17,055$386,882
17$36,133$15,570$350,749
18$37,681$14,022$313,067
19$39,296$12,407$273,771
20$40,980$10,723$232,792
21$42,736$8,967$190,056
22$44,567$7,136$145,489
23$46,477$5,226$99,013
24$48,468$3,235$50,545
25$50,545$1,158$0

At the end of your 5-year term

Total paid over the term
$258,515
Principal paid down
$100,586
Interest paid
$157,929
Balance remaining
$698,614

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
Estimate$3,150/mo
$37,800Gross annual rent
2.7%Est. cap rate

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.

3.8%
Gross yield
− Property tax $5,136− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,106

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.

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