131 Lebovic Campus Drive, Vaughan, ON

Patterson, Vaughan · MLS® N13776402

$1,180,000
For Sale
Listed 18 days agoNo offer date stated

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4Bedrooms
4Bathrooms
1Garage · 2 parking
2000-2500Sq ft

About this home

In short

  • Like-New Luxury Townhome Steps from Lebovic Campus Community Centre Welcome to this stunning, like-new luxury townhome built by Madison Homes, perfectly located just...
  • Featuring a bright and spacious open-concept layout, this home offers 10-foot ceilings on the main floor and 9-foot ceilings on both the ground and second levels...
  • Retreat to the primary suite featuring a luxurious 5-piece ensuite with glass shower, double vanity, and freestanding soaker tub-your private spa at home.
  • Enjoy unbeatable convenience with Rutherford Marketplace Plaza just a short walk away, offering Longo's, LA Fitness, LCBO, restaurants, and more, plus quick access to...

Like-New Luxury Townhome Steps from Lebovic Campus Community Centre Welcome to this stunning, like-new luxury townhome built by Madison Homes, perfectly located just steps from the Lebovic Campus Community Centre. Featuring a bright and spacious open-concept layout, this home offers 10-foot ceilings on the main floor and 9-foot ceilings on both the ground and second levels, creating an airy, upscale feel throughout. Thoughtfully upgraded and freshly painted, the home showcases pot lights throughout, zebra blinds on every window, and a cozy electric fireplace anchoring the living room. The modern kitchen is designed for both style and function, complete with upgraded cabinetry and stainless steel appliances. Retreat to the primary suite featuring a luxurious 5-piece ensuite with glass shower, double vanity, and freestanding soaker tub-your private spa at home. Enjoy unbeatable convenience with Rutherford Marketplace Plaza just a short walk away, offering Longo's, LA Fitness, LCBO, restaurants, and more, plus quick access to Highway 407 for effortless commuting. A perfect blend of luxury, comfort, and location-this home truly checks all the boxes. ZERO Maintenance Fee

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13776402
Bedrooms
4
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
18.06 × 89.9 ft
Cross streets
Rutherford & Bathurst
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,796 / 2025
Days on market
18
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Dining RoomMain4.20 × 3.40 m

hardwood floor · pot lights

Living RoomMain5.10 × 3.30 m

hardwood floor · pot lights · juliette balcony

Bedroom 3Second3.80 × 2.60 m

broadloom · window

LaundryGround2.30 × 2.00 m

tile floor · laundry sink

Bedroom 2Second4.10 × 2.60 m

broadloom · w/o to balcony

KitchenMain3.90 × 3.30 m

hardwood floor · open concept · combined w/living

Bedroom 4Ground3.30 × 3.40 m

broadloom · window · overlooks backyard

Primary BedroomSecond4.90 × 3.60 m

broadloom · 5 pc ensuite · overlooks backyard

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Patterson, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$5,378/mo
$224KIncome needed
5.3×Price ÷ income
$1,241Weekly cost
$20,075Land 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 $5,378Property tax $483Total carry $5,861

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,220per month

Mortgage amount $944,000 · 4.49% over 25 years

$236,000Down payment (20.0%)
$944,000Loan before insurance
$0CMHC premium
$5,703Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,220
Property tax
$483
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,703

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

One-time closing costs

Ontario land transfer tax
$20,075
Estimated closing costs
$20,075

Plus your down payment of $236,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,317/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

$621,861Total interest paid
$1,565,861Total of all payments
Principal $944,000 Interest $621,861
YearPrincipalInterestBalance
1$21,066$41,568$922,934
2$22,023$40,612$900,911
3$23,022$39,612$877,889
4$24,068$38,567$853,821
5$25,161$37,474$828,661
6$26,303$36,332$802,358
7$27,497$35,137$774,861
8$28,746$33,889$746,115
9$30,051$32,584$716,064
10$31,415$31,219$684,649
11$32,842$29,793$651,807
12$34,333$28,302$617,474
13$35,892$26,743$581,583
14$37,521$25,113$544,061
15$39,225$23,410$504,837
16$41,006$21,629$463,831
17$42,868$19,767$420,963
18$44,814$17,820$376,149
19$46,849$15,786$329,300
20$48,976$13,659$280,324
21$51,200$11,435$229,125
22$53,524$9,110$175,600
23$55,954$6,680$119,646
24$58,495$4,139$61,151
25$61,151$1,484$0

At the end of your 5-year term

Total paid over the term
$313,172
Principal paid down
$115,339
Interest paid
$197,833
Balance remaining
$828,661

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$4,200/mo
$50,400Gross annual rent
3.2%Cap rate after taxes and upkeep

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.

4.3%
Gross yield
− Property tax $5,796− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,660

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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