116 Jaimie Road, Vaughan, ON

Brownridge, Vaughan · MLS® N13750934

$1,159,900
For Sale
Listed 38 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Spacious 3+1 Bedroom Detached Home in a Highly Desirable Thornhill Neighbourhood.
  • Featuring numerous recent upgrades, including new flooring, renovated bathrooms, new stairs, and fresh paint throughout.
  • Finished basement with a separate entrance offers excellent potential for extended family living or rental income.
  • Enjoy a fully fenced private backyard.
  • Conveniently located close to Highway 407, shopping, top-rated schools, parks, and public transit.

Spacious 3+1 Bedroom Detached Home in a Highly Desirable Thornhill Neighbourhood! Featuring numerous recent upgrades, including new flooring, renovated bathrooms, new stairs, and fresh paint throughout. Functional layout with a versatile main-floor family room with a door, easily adaptable as a home office, gym, or additional bedroom. Finished basement with a separate entrance offers excellent potential for extended family living or rental income. Enjoy a fully fenced private backyard. Conveniently located close to Highway 407, shopping, top-rated schools, parks, and public transit.

Key facts

Property type
Detached, 2-Storey
MLS®
N13750934
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
26.83 × 101.07 ft
Cross streets
Dufferin St. & Clark Ave.
Parking
2 garage · 4 parking (attached)
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,341 / 2025
Days on market
38
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.14Mlikely sale price

Listed at $1,159,900. Going by how homes in Brownridge and the wider GTA have actually closed against their asking prices (about 98%, 11 local closings in 90 days), the likely sale price is near $1.14M, if it sells. A realistic range is $1.07M to $1.28M.

Independent value check: $1.09M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.02M and $1.14M).

Why $1.09M. The typical detached home sold in Brownridge over the past year went for about $1.28M (76 sales). What sets this one apart:

  • ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,341 a year; the typical home sold here pays about $5,900.
List price
$1.07MBelow recent closings$1.28MAbove recent closings

Total price vs nearby homes. Likely closing about $1.14M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.20Mmedian sold price
98%of asking, on average
−12%prices vs a year ago
~13 dayshomes like this take to sell
38days on market so far
$3,795/moest. rent · 18 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 8 detached homes for sale in the area against 11 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 $663/sqft against an area asking average of $709/sqft.

  • Separate-entrance basement apartment features. A finished 1 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 Brownridge: 15 of the 62 detached leases here lately were basement units, around $1,700 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.
  • Ravine / green setting. This home backs onto Westminster Creek. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.15M. 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($663/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 11 comparable homes that sold in Brownridge over the past two years, from 146 closings there.

Sold price trend

Median sold price for detached homes in Vaughan: $1.43M in September 2026, down 2% from a year ago, on 1,377 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.47M149
November 2025$1.51M97
December 2025$1.39M76
January 2026$1.33M70
February 2026$1.44M81
March 2026$1.45M109
April 2026$1.40M130
May 2026$1.44M159
June 2026$1.42M160
July 2026$1.39M115
August 2026$1.45M123
September 2026$1.43M108

Neighbourhood & location

Brownridge, 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.

Glen Shields
$1.18M
Uplands
$1.85M
Patterson
$1.75M
East Woodbridge
$1.49M
Maple
$1.75M

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
$5,286/mo
$219KIncome needed
5.3×Price ÷ income
$1,220Weekly cost
$19,673Land 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.

92%mortgage
Mortgage $5,286Property tax $445Total carry $5,732

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,131per month

Mortgage amount $927,920 · 4.49% over 25 years

$231,980Down payment (20.0%)
$927,920Loan before insurance
$0CMHC premium
$5,576Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,131
Property tax
$445
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,576

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

One-time closing costs

Ontario land transfer tax
$19,673
Estimated closing costs
$19,673

Plus your down payment of $231,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,210/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

$611,269Total interest paid
$1,539,189Total of all payments
Principal $927,920 Interest $611,269
YearPrincipalInterestBalance
1$20,707$40,860$907,213
2$21,647$39,920$885,565
3$22,630$38,937$862,935
4$23,658$37,910$839,277
5$24,732$36,836$814,545
6$25,855$35,713$788,690
7$27,029$34,539$761,662
8$28,256$33,312$733,406
9$29,539$32,029$703,867
10$30,880$30,687$672,986
11$32,282$29,285$640,704
12$33,748$27,820$606,956
13$35,280$26,287$571,676
14$36,882$24,685$534,794
15$38,557$23,011$496,237
16$40,307$21,260$455,930
17$42,137$19,430$413,792
18$44,051$17,517$369,742
19$46,051$15,517$323,691
20$48,142$13,426$275,549
21$50,327$11,240$225,222
22$52,613$8,955$172,609
23$55,001$6,566$117,608
24$57,499$4,069$60,109
25$60,109$1,458$0

At the end of your 5-year term

Total paid over the term
$307,838
Principal paid down
$113,375
Interest paid
$194,463
Balance remaining
$814,545

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 18 whole-home leases in Brownridge$3,795/mo
$45,540Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,605 to $4,252Typical rent range

The suite is real income here: basements rent in Brownridge (15 of 62 recent detached leases were basement units, around $1,700 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,700 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 18 whole-home leases in Brownridge signed at a median of $3,961 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,795. 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.

3.9%
Gross yield
− Property tax $5,341− Insurance $1,400− Vacancy & upkeep $5,009Net operating income $33,790

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

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