2 Redmond Drive, Vaughan, ON

Patterson, Vaughan · MLS® N13780214

$1,499,000
For Sale
Listed 35 days agoNo offer date stated
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4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Magnificent 4-bedroom executive corner detached home on premium 51-foot lot in highly sought after Thornhill Woods.
  • With approximately 2,415 square feet, this modern, bright and well maintained home features soaring open-to-below entrance foyer, 9-foot ceiling on the main floor...
  • Steps to highly ranked schools, community centre, parks and library.
  • Close to GO station, Highway 407 and 400, shopping, restaurants and much more.

Magnificent 4-bedroom executive corner detached home on premium 51-foot lot in highly sought after Thornhill Woods. With approximately 2,415 square feet, this modern, bright and well maintained home features soaring open-to-below entrance foyer, 9-foot ceiling on the main floor, contemporary hardwood flooring throughout, impressive 10.5-foot high-ceiling living room, gourmet kitchen with stainless-steel appliances, large peninsula and granite counters, welcoming family room with gas fireplace, spacious primary bedroom with separate standing shower and bathtub in ensuite bathroom, and walk-through double closets, stylish and functional enclosed storm porch, large double-car garage, 4-car driveway space with no side walk, and expansive backyard for outdoor entertainment. Steps to highly ranked schools, community centre, parks and library. Close to GO station, Highway 407 and 400, shopping, restaurants and much more!

Key facts

Property type
Detached, 2-Storey
MLS®
N13780214
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
51.12 × 100.85 ft
Cross streets
Dufferin St/ Rutherford Rd
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Veneer
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,567 / 2026
Days on market
35
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 4Second3.36 × 3.05 m

closet · hardwood floor

Bedroom 2Second3.45 × 3.05 m

south view · closet · hardwood floor

Family RoomGround5.13 × 3.36 m

gas fireplace · separate room · hardwood floor

Living RoomGround4.27 × 3.20 m

large window · separate room · hardwood floor

BreakfastGround3.50 × 3.36 m

w/o to yard · tile floor

Primary BedroomSecond5.14 × 3.66 m

4 pc ensuite · double closet · hardwood floor

Dining RoomGround4.06 × 3.36 m

large window · separate room · hardwood floor

KitchenGround3.36 × 3.05 m

stainless steel appl · granite counters · ceramic backsplash

Bedroom 3Second4.78 × 3.20 m

large window · double closet · hardwood floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.51Mlikely sale price

Listed at $1,499,000. Going by how homes in Patterson have actually closed against their asking prices (about 101%, 60 local closings in 90 days), the likely sale price is near $1.51M, if it sells. A realistic range is $1.41M to $1.70M.

Independent value check: $1.44M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $1.35M and $1.51M).

Why $1.44M. The typical detached home sold in Patterson over the past year went for about $1.65M (264 sales). What sets this one apart:

  • ▼ Lowers it4 bedrooms and 3 baths, against 4+1 and 5 typically.
  • ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
List price
$1.41MBelow recent closings$1.70MAbove recent closings

Total price vs nearby homes. Likely closing about $1.51M, from 60 recent closings in this pocket.

The market behind the math:

60sold nearby · 90 days
$1.50Mmedian sold price
102%of asking, on average
−12%prices vs a year ago
~17 dayshomes like this take to sell
35days on market so far
$4,771/moest. rent · 123 leases
3.8%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 27 detached homes for sale in the area against 60 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 $666/sqft against an area asking average of $659/sqft.

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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.47M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 60 comparable homes that sold in Patterson over the past two years, from 500 closings there.

Sold price trend

Median sold price for detached homes in Patterson: $1.42M in September 2026, down 8% from a year ago, on 259 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.

Month by month
MonthMedian soldClosings
October 2025$1.73M33
November 2025$1.79M22
December 2025$1.52M12
January 2026$1.57M8
February 2026$1.61M17
March 2026$1.71M24
April 2026$1.65M21
May 2026$1.79M32
June 2026$1.63M29
July 2026$1.65M17
August 2026$1.62M24
September 2026$1.42M20

Neighbourhood & location

Patterson, 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.

Uplands
$1.55M
Brownridge
$1.24M
Glen Shields
$1.28M
Maple
$1.63M
Lakeview Estates
$949K

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
$6,832/mo
$284KIncome needed
5.3×Price ÷ income
$1,577Weekly cost
$26,455Land 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 $6,832Property tax $631Total carry $7,463

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,631per month

Mortgage amount $1,199,200 · 4.49% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,261Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,631
Property tax
$631
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,261

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

One-time closing costs

Ontario land transfer tax
$26,455
Estimated closing costs
$26,455

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,025/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

$789,975Total interest paid
$1,989,175Total of all payments
Principal $1,199,200 Interest $789,975
YearPrincipalInterestBalance
1$26,761$52,806$1,172,439
2$27,976$51,591$1,144,463
3$29,246$50,321$1,115,217
4$30,574$48,993$1,084,642
5$31,962$47,605$1,052,680
6$33,414$46,153$1,019,266
7$34,931$44,636$984,336
8$36,517$43,050$947,819
9$38,175$41,392$909,644
10$39,908$39,659$869,736
11$41,720$37,847$828,016
12$43,614$35,953$784,402
13$45,595$33,972$738,807
14$47,665$31,902$691,142
15$49,829$29,738$641,314
16$52,091$27,476$589,222
17$54,456$25,111$534,766
18$56,929$22,638$477,837
19$59,514$20,053$418,323
20$62,216$17,351$356,107
21$65,041$14,526$291,066
22$67,994$11,573$223,072
23$71,081$8,486$151,991
24$74,309$5,258$77,682
25$77,682$1,885$0

At the end of your 5-year term

Total paid over the term
$397,835
Principal paid down
$146,520
Interest paid
$251,315
Balance remaining
$1,052,680

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 123 whole-home leases in Patterson$4,771/mo
$57,252Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,428 to $5,154Typical rent range
~38 daysTo find a tenant, on average

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 123 whole-home leases in Patterson signed at a median of $5,191 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,771. 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.

3.8%
Gross yield
− Property tax $7,567− Insurance $1,400− Vacancy & upkeep $6,298Net operating income $41,987

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

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