5 Rivington Avenue, Vaughan, ON

Patterson, Vaughan · MLS® N13822012

$1,599,000
For Sale
Listed 25 days agoNo offer date stated
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4+2Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome To This Absolutely Stunning 4+2 Bedroom Detached House In The Highly Sought-After Thornhill Woods Community.
  • Featuring A Very Well-Designed Layout With 9' Ceilings On The Main Floor, A Bright And Spacious Open-To-Above Great Room With Balcony, Gleaming Hardwood Floors, And A...
  • All Upstairs 4 Bedrooms Are Generously Sized, With The Primary Bedroom Featuring An Elegant 5-Pc Ensuite & Walk-In Closet.
  • The Professionally Finished Basement Offers A Separate Walk-Up Entrance, 2 Bedrooms, 1 Bathroom and 1 separate laundry, Providing Excellent Potential For Extended...
  • Basement Currently Leased To An Excellent & Respectful Family For $1,800/Month Plus 1/3 Utilities, With The Tenants Willing To Stay Or Move Out.

Welcome To This Absolutely Stunning 4+2 Bedroom Detached House In The Highly Sought-After Thornhill Woods Community! Featuring A Very Well-Designed Layout With 9' Ceilings On The Main Floor, A Bright And Spacious Open-To-Above Great Room With Balcony, Gleaming Hardwood Floors, And A Gourmet-Style Kitchen With Centre Island, Granite Countertops & Ceramic Backsplashes. All Upstairs 4 Bedrooms Are Generously Sized, With The Primary Bedroom Featuring An Elegant 5-Pc Ensuite & Walk-In Closet. Freshly Painted Throughout. Roof(2023). This Home Is Truly Move-In Ready! Enjoy The Spectacular Outdoor Space Featuring Two Mature Cherry Trees, A Paved Backyard Patio Area Perfect For Relaxing And Entertaining. The Professionally Finished Basement Offers A Separate Walk-Up Entrance, 2 Bedrooms, 1 Bathroom and 1 separate laundry, Providing Excellent Potential For Extended Family Living Or Rental Income. Basement Currently Leased To An Excellent & Respectful Family For $1,800/Month Plus 1/3 Utilities, With The Tenants Willing To Stay Or Move Out. Just Steps to Top-Ranked Stephen Lewis Secondary School, Library, Community Centre, Parks. Close to Grocery Stores, Retail, Restaurants, Rutherford GO Station, Hwy 7 & Hwy 407. A Wonderful Family House In One Of Thornhill Woods' Most Desirable Communities!

Key facts

Property type
Detached, 2-Storey
MLS®
N13822012
Bedrooms
4+2 (6 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
36.09 × 88.58 ft
Cross streets
RUTHERFORD / DUFFERIN
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Separate Entrance, Walk-Up
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,739 / 2026
Days on market
25
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

KitchenBasement4.39 × 1.88 m

granite counters · ceramic backsplash · combined w/living

Family RoomMain5.18 × 3.66 m

hardwood floor · bay window · gas fireplace

Bedroom 3Second4.02 × 3.41 m

hardwood floor · vaulted ceiling(s) · large closet

Great RoomIn Between5.30 × 4.81 m

hardwood floor · french doors · w/o to balcony

Bedroom 2Second3.35 × 2.86 m

hardwood floor · large window · closet

Living RoomBasement4.39 × 2.82 m

laminate · open concept · combined w/kitchen

Living RoomMain5.21 × 4.57 m

hardwood floor · combined w/dining · large window

Primary BedroomSecond5.18 × 3.65 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Bedroom 4Second3.05 × 3.05 m

hardwood floor · large window · large closet

Bedroom 5Basement3.81 × 2.41 m

laminate · large window · large closet

Dining RoomMain5.21 × 4.57 m

hardwood floor · combined w/living · open concept

KitchenMain4.87 × 4.42 m

granite counters · centre island · ceramic backsplash

BreakfastMain4.87 × 4.42 m

ceramic floor · combined w/kitchen · w/o to deck

FoyerMain2.75 × 2.30 m

ceramic floor · open concept

BedroomBasement3.48 × 3.23 m

laminate · closet

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

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
$1.18M
Maple
$1.63M
Vellore Village
$1.67M

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
$7,288/mo
$301KIncome needed
5.3×Price ÷ income
$1,682Weekly cost
$28,455Land 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 $7,288Property tax $645Total carry $7,933

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)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$7,718Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$645
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,718

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

One-time closing costs

Ontario land transfer tax
$28,455
Estimated closing costs
$28,455

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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
Estimate$5,250/mo
$63,000Gross annual rent
2.9%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.

3.9%
Gross yield
− Property tax $7,739− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $46,931

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

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