188 Crestwood Road, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13792604

$1,749,000
For Sale
Listed 33 days agoNo offer date stated
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5Bedrooms
7Bathrooms
2Garage · 4 parking
5,000Sq ft

About this home

In short

  • Outstanding opportunity to complete a 5,000+ sq. ft. custom residence on an impressive 72.83 ft. lot with nearly 300 ft. of depth.
  • Currently under construction and being sold as is, where is.
  • Designed for 5 bedrooms and 7 bathrooms with 11' main-floor ceilings, 9'6" second-floor ceilings, a roughed-in elevator shaft, finished basement and Net Zero Ready...
  • An excellent opportunity for an end user, builder or investor to complete a substantial custom home on an exceptionally deep lot.

Outstanding opportunity to complete a 5,000+ sq. ft. custom residence on an impressive 72.83 ft. lot with nearly 300 ft. of depth. Ideally located in the sought-after Bathurst & Steeles area, just north of the Toronto boundary, with convenient access to transit, schools, shopping and everyday amenities. Currently under construction and being sold as is, where is. The existing builder is willing to complete the residence under a separate agreement, or purchasers may retain their own builder and customize the home to their vision. Designed for 5 bedrooms and 7 bathrooms with 11' main-floor ceilings, 9'6" second-floor ceilings, a roughed-in elevator shaft, finished basement and Net Zero Ready construction. See attached floor plans and available specifications. An excellent opportunity for an end user, builder or investor to complete a substantial custom home on an exceptionally deep lot.

Key facts

Property type
Detached, 2-Storey
MLS®
N13792604
Bedrooms
5
Bathrooms
7 (2 half)
Size
5,000 sq ft
Lot
72.83 × 298.33 ft
Cross streets
Bathurst/Steeles
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Other
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$6,645 / 2025
Days on market
33
Listing brokerage
THE BEHAR GROUP REALTY INC.

Rooms

KitchenMain6.09 × 4.26 m
Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.5 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown. Homes on lots this size in Crestwood-Springfarm-Yorkhill have sold between $2.37M and $4.57M over the last two years (5 sales).

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Crestwood-Springfarm-Yorkhill · asking prices
$3.33Mavg asking

Nothing 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 $1.98M, which is where my estimate comes from.

Per square foot, these ask about $699/sqft; this home lists at $350/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
1.75MThis home2.40M2.42M3.63M4.00M4.19MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Crestwood-Springfarm-Yorkhill: $1.37M in August 2026, down 6% from a year ago, on 60 closings in 8 months.

Nov 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
November 2025$1.23M8
February 2026$1.44M8
March 2026$1.35M7
April 2026$1.44M7
May 2026$1.38M10
June 2026$1.25M5
July 2026$1.18M7
August 2026$1.37M8

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, 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.

Lakeview Estates
$949K
Brownridge
$1.24M
Uplands
$1.55M
Glen Shields
$1.28M
Patterson
$1.73M

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
$7,971/mo
$323KIncome needed
5.4×Price ÷ income
$1,840Weekly cost
$31,455Land 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.

94%mortgage
Mortgage $7,971Property tax $554Total carry $8,525

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,736per month

Mortgage amount $1,399,200 · 4.49% over 25 years

$349,800Down payment (20.0%)
$1,399,200Loan before insurance
$0CMHC premium
$8,290Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,736
Property tax
$554
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,290

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

One-time closing costs

Ontario land transfer tax
$31,455
Estimated closing costs
$31,455

Plus your down payment of $349,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,364/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

$921,725Total interest paid
$2,320,925Total of all payments
Principal $1,399,200 Interest $921,725
YearPrincipalInterestBalance
1$31,224$61,613$1,367,976
2$32,642$60,195$1,335,334
3$34,124$58,713$1,301,210
4$35,673$57,164$1,265,537
5$37,293$55,544$1,228,244
6$38,986$53,851$1,189,257
7$40,756$52,081$1,148,501
8$42,607$50,230$1,105,894
9$44,541$48,296$1,061,352
10$46,564$46,273$1,014,789
11$48,678$44,159$966,111
12$50,888$41,949$915,222
13$53,199$39,638$862,024
14$55,614$37,223$806,410
15$58,139$34,698$748,270
16$60,779$32,058$687,491
17$63,539$29,298$623,953
18$66,424$26,413$557,529
19$69,439$23,398$488,090
20$72,592$20,245$415,498
21$75,888$16,949$339,609
22$79,334$13,503$260,276
23$82,936$9,901$177,340
24$86,702$6,135$90,638
25$90,638$2,199$0

At the end of your 5-year term

Total paid over the term
$464,185
Principal paid down
$170,956
Interest paid
$293,229
Balance remaining
$1,228,244

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 15 whole-home leases in Crestwood-Springfarm-Yorkhill$6,943/mo
$83,316Gross annual rent
3.8%Cap rate after taxes and upkeep
$6,403 to $8,568Typical rent range
~33 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 15 whole-home leases in Crestwood-Springfarm-Yorkhill signed at a median of $4,995 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,943. 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.

4.8%
Gross yield
− Property tax $6,645− Insurance $1,400− Vacancy & upkeep $9,165Net operating income $66,106

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

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