154 Simmons Street, Vaughan, ON
Elder Mills, Vaughan · MLS® N13781574
About this home
In short
- Development land of 1.3 acre approximately in the prime location on the corner area of HWY27 & Rutherford Rd.
- You can enjoy your summer and winter on this beautiful 1.3 acer land.
Development land of 1.3 acre approximately in the prime location on the corner area of HWY27 & Rutherford Rd. Lots of option available. Townhomes, Single detached state home, medical building, office building. Bring your investors to fulfill their creative ideas on this land full of opportunities'. Detached home, on the prime location . You can enjoy your summer and winter on this beautiful 1.3 acer land. Your client will not be disappointed. This property is attached right next to the new development subdivision of townhomes. **EXTRAS** All Appliances Currently in Use. Some pictures are digitally enhanced. Please see all pictures.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13781574
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2 (1 half)
- Size
- 700-1100 sq ft
- Cross streets
- HWY27/ RUTHERFORD
- Parking
- 1 garage · 7 parking (attached)
- Driveway
- Private
- Basement
- Crawl Space, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Not Applicable
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $3,451 / 2025
- Days on market
- 36
- Listing brokerage
- CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Rooms
laminate · large window
laminate · breakfast area
Ceramic Floor
broadloom · window
broadloom · window
ceramic floor · overlooks backyard
Listed at $3,499,900, about 326% above our estimate of $822K (homes like it typically land between $771K and $862K). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.
Why $822K. The typical detached home sold in Elder Mills over the past year went for about $1.25M (17 sales). What sets this one apart:
- ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 2,500 to 3,000.
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $3,451 a year; the typical home sold here pays about $5,800.
- ▼ Lowers it strongly2+1 bedrooms and 2 baths, against 4+1 and 4 typically.
- ▲ Raises it slightly1 garage and 7 total parking spaces, against 2 and 5 typically.
Total price vs nearby homes. Fair value about $822K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $3,889/sqft against an area asking average of $833/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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $952K. Condition and finishes remain an in-person call.
Read this with carewhy it’s an estimate, not an appraisal
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Elder Mills, so I widened the search to the surrounding area.
Based on 7 comparable homes that sold in Elder Mills over the past two years, from 35 closings there.
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $822K, which is where my estimate comes from.
Per square foot, these ask about $676/sqft; this home lists at $3,889/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold 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.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.47M | 149 |
| November 2025 | $1.51M | 97 |
| December 2025 | $1.39M | 76 |
| January 2026 | $1.33M | 70 |
| February 2026 | $1.44M | 81 |
| March 2026 | $1.45M | 109 |
| April 2026 | $1.40M | 130 |
| May 2026 | $1.44M | 159 |
| June 2026 | $1.42M | 160 |
| July 2026 | $1.39M | 115 |
| August 2026 | $1.45M | 123 |
| September 2026 | $1.43M | 108 |
Neighbourhood & location
Elder Mills, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,799,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $15,481
- Property tax
- $288
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,769
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $73,973
- Estimated closing costs
- $73,973
Plus your down payment of $699,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $928,874
- Principal paid down
- $342,099
- Interest paid
- $586,776
- Balance remaining
- $2,457,821
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.. MLS®/PropTx.