261 Morning Star Drive, Vaughan, ON

West Woodbridge, Vaughan · MLS® N13795872

$1,365,000
For Sale
Listed 32 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 5 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 261 Morning Star Drive in desirable West Woodbridge.
  • This spacious home offers 2,784 sq. ft.
  • (MPAC) on a nearly 50 ft. lot.
  • The finished basement offers a spacious recreation room with a gas fireplace, den, bedroom with a semi-ensuite, separate laundry area, and a huge cantina/cold room.
  • Outside, enjoy a beautifully landscaped front yard with an expansive interlock sitting area, extensive rear interlock patio, a deep private yard, and a large storage...

Welcome to 261 Morning Star Drive in desirable West Woodbridge! This spacious home offers 2,784 sq. ft. (MPAC) on a nearly 50 ft. lot. Lovingly maintained by its original family, this is a rare opportunity for the next generation to make it their own.Ideal for growing or multi-generational living, the home features a side entrance to the garage leading to a separate service staircase to the basement, plus a second side entrance to the main floor between the mudroom and powder room, offering excellent potential for extended living or future rental income.The functional layout features an expansive living and dining room, a huge eat-in kitchen with granite countertops and a large breakfast area overlooking the backyard, plus a welcoming family room with a wood-burning fireplace (parquet flooring beneath the carpet). Elegant spiral oak staircases, a wrought iron front door insert, and main floor laundry add to the appeal. The finished basement offers a spacious recreation room with a gas fireplace, den, bedroom with a semi-ensuite, separate laundry area, and a huge cantina/cold room. A fully enclosed double garage with a large mezzanine provides exceptional storage.Enjoy no rear neighbours, backing onto San Marco Catholic Elementary School and Morning Star Park. The original owner worked for the builder and incorporated custom brickwork in the basement, showcasing quality craftsmanship. Outside, enjoy a beautifully landscaped front yard with an expansive interlock sitting area, extensive rear interlock patio, a deep private yard, and a large storage shed.Recent updates include Roof(appr.2020), Furnace (2026), newer sod, fence(2025) and an asphalt driveway(2026) with parking for three vehicles side-by-side.Ideally located minutes to the 427 extension at Langstaff Rd, Hwy. 407, Fortinos, Costco, Walmart, Shoppers, doctors' offices, restaurants, schools, parks, community centres & transit. A well-loved home offering incredible space, flexibility & endless potential!

Key facts

Property type
Detached, 2-Storey
MLS®
N13795872
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
49.89 × 137.15 ft
Cross streets
Langstaff Road / Martin Grove Rd
Parking
2 garage · 5 parking (attached)
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,421 / 2026
Days on market
32
Listing brokerage
RE/MAX PREMIER INC.

Rooms

KitchenMain3.34 × 2.99 m

granite counters · open concept · tile floor

BedroomBasement4.26 × 3.21 m

semi ensuite · closet · window

KitchenBasement5.91 × 3.25 m

tile floor · window · open concept

Living RoomMain4.76 × 3.34 m

combined w/dining · open concept · window

BreakfastMain4.76 × 3.35 m

w/o to yard · tile floor · combined w/kitchen

Bedroom 3Second5.16 × 3.38 m

parquet · window · closet

DenBasement3.87 × 3.40 m

tile floor · closet · separate room

Bedroom 2Second4.27 × 3.38 m

parquet · window · closet

Bedroom 4Second3.35 × 2.83 m

parquet · window · closet

Family RoomMain5.70 × 3.47 m

overlooks backyard · separate room · fireplace

Primary BedroomSecond5.50 × 3.35 m

parquet · walk-in closet(s) · 4 pc ensuite

RecreationBasement6.08 × 3.58 m

tile floor · gas fireplace · window

Dining RoomMain4.13 × 3.34 m

open concept · parquet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.33Mlikely sale price

Listed at $1,365,000. Going by how homes in West Woodbridge and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $1.33M, if it sells. A realistic range is $1.24M to $1.49M.

Independent value check: $1.33M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.25M and $1.40M).

Why $1.33M. The typical detached home sold in West Woodbridge over the past year went for about $1.19M (53 sales). What sets this one apart:

  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $6,421 a year; the typical home sold here pays about $5,400.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▼ Lowers itThe listing presents it as a home to renovate or rebuild.
List price
$1.24MBelow recent closings$1.49MAbove recent closings

Total price vs nearby homes. Likely closing about $1.33M, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$1.23Mmedian sold price
96%of asking, on average
−3%prices vs a year ago
~15 dayshomes like this take to sell
32days on market so far
$3,689/moest. rent · 9 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.5 months of inventory: 14 detached homes for sale in the area against 17 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 $496/sqft against an area asking average of $550/sqft.

  • Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in West Woodbridge: 21 of the 72 detached leases here lately were basement units, around $1,900 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Vaughan.
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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.39M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver

Based on 17 comparable homes that sold in West Woodbridge over the past two years, from 123 closings there.

What sellers nearby are askingCurrently listed nearby in West Woodbridge · asking prices
$1.39Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $550/sqft; this home lists at $496/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.36MThis home1.43M1.50M1.34M1.30M1.39MThis home vs active comparables

Sold 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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.47M149
November 2025$1.51M97
December 2025$1.39M76
January 2026$1.33M70
February 2026$1.44M81
March 2026$1.45M109
April 2026$1.40M130
May 2026$1.44M159
June 2026$1.42M160
July 2026$1.39M115
August 2026$1.45M123
September 2026$1.43M108

Neighbourhood & location

West Woodbridge, 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.

Sonoma Heights
$1.47M
East Woodbridge
$1.44M
Kleinburg
$3.39M
Vellore Village
$1.67M
Glen Shields
$1.28M

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
$6,221/mo
$257KIncome needed
5.3×Price ÷ income
$1,436Weekly cost
$23,775Land 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 $6,221Property tax $535Total carry $6,756

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)
$6,038per month

Mortgage amount $1,092,000 · 4.49% over 25 years

$273,000Down payment (20.0%)
$1,092,000Loan before insurance
$0CMHC premium
$6,573Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,038
Property tax
$535
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,573

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

One-time closing costs

Ontario land transfer tax
$23,775
Estimated closing costs
$23,775

Plus your down payment of $273,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,308/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

$719,357Total interest paid
$1,811,357Total of all payments
Principal $1,092,000 Interest $719,357
YearPrincipalInterestBalance
1$24,369$48,085$1,067,631
2$25,475$46,979$1,042,156
3$26,632$45,822$1,015,524
4$27,841$44,613$987,683
5$29,105$43,349$958,578
6$30,427$42,028$928,151
7$31,808$40,646$896,343
8$33,252$39,202$863,090
9$34,762$37,692$828,328
10$36,341$36,114$791,988
11$37,991$34,464$753,997
12$39,715$32,739$714,282
13$41,519$30,936$672,763
14$43,404$29,050$629,359
15$45,375$27,080$583,985
16$47,435$25,020$536,550
17$49,588$22,866$486,961
18$51,840$20,614$435,121
19$54,194$18,261$380,928
20$56,654$15,800$324,273
21$59,227$13,228$265,047
22$61,916$10,538$203,131
23$64,727$7,727$138,404
24$67,666$4,788$70,738
25$70,738$1,716$0

At the end of your 5-year term

Total paid over the term
$362,271
Principal paid down
$133,422
Interest paid
$228,849
Balance remaining
$958,578

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 9 whole-home leases in West Woodbridge$3,689/mo
$44,268Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,394 to $4,405Typical rent range

The suite is real income here: basements rent in West Woodbridge (21 of 72 recent detached leases were basement units, around $1,900 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,900 a month on top of the upper floors. Permitted use is worth confirming with the city.

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 9 whole-home leases in West Woodbridge signed at a median of $3,599 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,689. 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.

3.2%
Gross yield
− Property tax $6,421− Insurance $1,400− Vacancy & upkeep $4,869Net operating income $31,578

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

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