45 Thurman Road, Vaughan, ON

Lakeview Estates, Vaughan · MLS® N13788004

$1,249,000
For Sale
Listed 34 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Welcome to this bright and spacious 3+1 bedroom detached home in sought-after Thornhill, ideally located near Bathurst & Steeles.
  • The main and second floors have been extensively renovated and freshly painted, featuring new light-toned flooring throughout, a beautifully updated curved staircase...
  • Upstairs are three generously sized bedrooms, including an exceptionally spacious primary bedroom with walk-in closet and renovated ensuite.
  • The finished basement features a separate entrance, additional bedroom, kitchen and 3-piece bathroom, offering excellent flexibility for extended family or potential...
  • Just a 1-minute walk to Steeles TTC and close to schools, parks, Promenade Mall, grocery stores, restaurants, York University, subway connections and everyday amenities.

Welcome to this bright and spacious 3+1 bedroom detached home in sought-after Thornhill, ideally located near Bathurst & Steeles. The main and second floors have been extensively renovated and freshly painted, featuring new light-toned flooring throughout, a beautifully updated curved staircase with wood treads and black iron pickets, and renovated bathrooms with modern finishes. The oversized kitchen offers a large centre island, abundant cabinetry and pantry storage, stainless steel appliances, and generous workspace for everyday family living and entertaining. The spacious living and dining areas are filled with natural light, while the separate family room features a classic brick wood-burning fireplace and walkout to a large backyard deck.Upstairs are three generously sized bedrooms, including an exceptionally spacious primary bedroom with walk-in closet and renovated ensuite. The finished basement features a separate entrance, additional bedroom, kitchen and 3-piece bathroom, offering excellent flexibility for extended family or potential rental income of approximately $2,000/month.Major improvements include furnace, central air conditioning, water heater and upgraded insulation in 2023, with the roof replaced in 2020. Main-floor stove and dishwasher were replaced in 2024, while both refrigerators and the basement stove were replaced in 2026. Enjoy a fully fenced, mature tree-lined backyard with a large deck and ample private parking.Just a 1-minute walk to Steeles TTC and close to schools, parks, Promenade Mall, grocery stores, restaurants, York University, subway connections and everyday amenities. A move-in-ready family home offering generous space, extensive updates and exceptional versatility in an established Thornhill neighbourhood.

Key facts

Property type
Detached, 2-Storey
MLS®
N13788004
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
29.53 × 105 ft
Cross streets
Bathurst / Steeles
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,717 / 2026
Days on market
34
Listing brokerage
BAY STREET GROUP INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Neighbourhood & location

Lakeview Estates, Vaughan, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brownridge
$1.24M
Glen Shields
$1.28M
Uplands
$1.55M
Patterson
$1.73M
East Woodbridge
$1.46M

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
$5,693/mo
$235KIncome needed
5.3×Price ÷ income
$1,314Weekly cost
$21,455Land 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 $5,693Property tax $476Total carry $6,169

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)
$5,525per month

Mortgage amount $999,200 · 4.49% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$6,001Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,525
Property tax
$476
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,001

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

One-time closing costs

Ontario land transfer tax
$21,455
Estimated closing costs
$21,455

Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,687/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

$658,224Total interest paid
$1,657,424Total of all payments
Principal $999,200 Interest $658,224
YearPrincipalInterestBalance
1$22,298$43,999$976,902
2$23,310$42,987$953,592
3$24,369$41,928$929,223
4$25,475$40,822$903,748
5$26,632$39,665$877,116
6$27,841$38,456$849,275
7$29,105$37,192$820,170
8$30,427$35,870$789,744
9$31,808$34,489$757,936
10$33,252$33,045$724,683
11$34,762$31,535$689,921
12$36,340$29,957$653,581
13$37,990$28,307$615,590
14$39,715$26,582$575,875
15$41,519$24,778$534,357
16$43,404$22,893$490,953
17$45,374$20,923$445,579
18$47,435$18,862$398,144
19$49,588$16,709$348,556
20$51,840$14,457$296,716
21$54,193$12,104$242,523
22$56,654$9,643$185,869
23$59,226$7,071$126,642
24$61,916$4,381$64,727
25$64,727$1,570$0

At the end of your 5-year term

Total paid over the term
$331,485
Principal paid down
$122,084
Interest paid
$209,401
Balance remaining
$877,116

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.

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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
2.1%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.0%
Gross yield
− Property tax $5,717− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,525

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

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