223 Crestwood Road, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13840504

$3,538,000
For Sale
Listed 20 days agoNo offer date stated
Request a showing
◎ Directions
3+2Bedrooms
8Bathrooms
3Garage · 11 parking
3500-5000Sq ft

About this home

In short

  • Stunning Custom-Built Bungalow Masterpiece.
  • Designed With A Desirable South Exposure, The Home Features Two Separate Entrances And A Grand Foyer That Opens To Soaring 14 Ft Ceilings On The Main Floor, 16 Ft In...
  • Premium Finishes Include Hardwood Floors Throughout, Whole-Home Audio, And 200+ Pot Lights.
  • The Custom Gourmet Kitchen Boasts Cathedral Ceilings, Top-Of-The-Line Appliances, A Breakfast Area With A Walkout To The Yard, And Elegant Custom Window Coverings.
  • The Luxurious Finished Basement Is An Entertainers Dream, Featuring A Gym With Dry Sauna And 3-Pc Bath, A Theatre Room, A Massive Rec/Entertainment Space With A...

Stunning Custom-Built Bungalow Masterpiece! Offering Over 7,000 Sq. Ft. Of Luxurious Living Space, This Home Showcases Upscale Finishes And A Finished Walk-Up Basement. Situated On A 75' X 151' Lot With A Heated Driveway And Garage, It Also Comes With A City-Approved Permit For An Additional 800 Sq. Ft. Loft (See Attached Drawings). Designed With A Desirable South Exposure, The Home Features Two Separate Entrances And A Grand Foyer That Opens To Soaring 14 Ft Ceilings On The Main Floor, 16 Ft In The Kitchen, And 9 Ft In The Basement. Premium Finishes Include Hardwood Floors Throughout, Whole-Home Audio, And 200+ Pot Lights. The Custom Gourmet Kitchen Boasts Cathedral Ceilings, Top-Of-The-Line Appliances, A Breakfast Area With A Walkout To The Yard, And Elegant Custom Window Coverings. Additional Highlights Include Two Fireplaces, Two Full Kitchens, A Custom Office With Built-In Bookshelves, And Designer Light Fixtures. Each Bedroom Is Complete With Its Own Bathroom For Ultimate Comfort. The Luxurious Finished Basement Is An Entertainers Dream, Featuring A Gym With Dry Sauna And 3-Pc Bath, A Theatre Room, A Massive Rec/Entertainment Space With A Custom Bar And Walk-In Wine Cellar, Plus Two Bedrooms With Ensuite Baths. This Home Truly Has It All. Every Upgrade, Every Detail, And Every Modern Convenience.

Key facts

Property type
Detached, Bungalow
MLS®
N13840504
Bedrooms
3+2 (5 total)
Bathrooms
8 (2 half)
Size
3500-5000 sq ft
Lot
75.77 × 151.74 ft
Cross streets
Bathurst / Steeles
Parking
3 garage · 11 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$16,822 / 2025
Days on market
20
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 4Basement5.60 × 3.70 m

walk-in closet(s) · hardwood floor · 4 pc ensuite

Dining RoomMain6.50 × 4.50 m

cathedral ceiling(s) · hardwood floor · open concept

Bedroom 3Main4.30 × 4.20 m

walk-in closet(s) · hardwood floor · 3 pc ensuite

RecreationBasement14.00 × 9.40 m

open concept · hardwood floor · wet bar

Bedroom 5Basement4.00 × 3.70 m

closet · hardwood floor · 3 pc ensuite

OfficeMain4.90 × 4.60 m

b/i bookcase · hardwood floor · pot lights

Family RoomMain10.40 × 4.60 m

open concept · hardwood floor · w/o to yard

KitchenMain8.00 × 4.80 m

cathedral ceiling(s) · granite counters · open concept

Living RoomMain10.40 × 4.60 m

fireplace · hardwood floor · cathedral ceiling(s)

Primary BedroomMain5.80 × 4.80 m

walk-in closet(s) · hardwood floor · 6 pc ensuite

Media RoomBasement5.30 × 4.00 m

w/o to yard · hardwood floor · 2 pc bath

Bedroom 2Main4.60 × 3.60 m

closet · hardwood floor · 3 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.50Mlikely sale price

Listed at $3,538,000. Going by how homes in Crestwood-Springfarm-Yorkhill and the wider GTA have actually closed against their asking prices (about 99%, 19 local closings in 90 days), the likely sale price is near $3.50M, if it sells. A realistic range is $3.28M to $3.94M.

Independent value check: $3.28M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $3.07M and $3.44M).

Why $3.28M. The typical detached home sold in Crestwood-Springfarm-Yorkhill over the past year went for about $1.37M (76 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $16,822 a year; the typical home sold here pays about $6,400.
  • ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises it stronglyIts lot is 76 by 152 ft; the typical lot sold here is 34 by 111.
  • ▲ Raises it strongly3+2 bedrooms and 8 baths, against 3.5+1 and 4 typically.
List price
$3.28MBelow recent closings$3.94MAbove recent closings

Total price vs nearby homes. Likely closing about $3.50M, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$1.33Mmedian sold price
102%of asking, on average
−5%prices vs a year ago
~18 dayshomes like this take to sell
20days on market so far
$5,987/moest. rent · 26 leases
2.0%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 18 detached homes for sale in the area against 19 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 $832/sqft against an area asking average of $821/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out 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 Crestwood-Springfarm-Yorkhill: 15 of the 75 detached leases here lately were basement units, around $1,600 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 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.94M. Condition and finishes remain an in-person call.

What the listing highlights4 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
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($832/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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 Crestwood-Springfarm-Yorkhill, so I widened the search to the surrounding area.

Based on 19 comparable homes that sold in Crestwood-Springfarm-Yorkhill over the past two years, from 134 closings there.

What sellers nearby are askingCurrently listed nearby in Crestwood-Springfarm-Yorkhill · asking prices
$3.62Mavg 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 $3.28M, which is where my estimate comes from.

Per square foot, these ask about $813/sqft; this home lists at $832/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
3.54MThis home3.63M2.42M1.75M2.40M7.89MThis 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
$16,125/mo
$661KIncome needed
5.4×Price ÷ income
$3,721Weekly cost
$74,925Land 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 $16,125Property tax $1,402Total carry $17,527

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)
$15,650per month

Mortgage amount $2,830,400 · 4.49% over 25 years

$707,600Down payment (20.0%)
$2,830,400Loan before insurance
$0CMHC premium
$17,052Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,650
Property tax
$1,402
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,052

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

One-time closing costs

Ontario land transfer tax
$74,925
Estimated closing costs
$74,925

Plus your down payment of $707,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$18,942/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

$1,864,530Total interest paid
$4,694,930Total of all payments
Principal $2,830,400 Interest $1,864,530
YearPrincipalInterestBalance
1$63,162$124,635$2,767,238
2$66,030$121,767$2,701,207
3$69,028$118,769$2,632,179
4$72,163$115,635$2,560,016
5$75,439$112,358$2,484,577
6$78,864$108,933$2,405,713
7$82,445$105,352$2,323,268
8$86,188$101,609$2,237,080
9$90,102$97,696$2,146,978
10$94,193$93,605$2,052,786
11$98,469$89,328$1,954,316
12$102,940$84,857$1,851,376
13$107,614$80,183$1,743,762
14$112,500$75,297$1,631,262
15$117,608$70,189$1,513,654
16$122,948$64,849$1,390,706
17$128,530$59,267$1,262,176
18$134,366$53,431$1,127,809
19$140,467$47,330$987,342
20$146,845$40,953$840,498
21$153,512$34,285$686,986
22$160,482$27,315$526,504
23$167,769$20,029$358,735
24$175,386$12,411$183,349
25$183,349$4,448$0

At the end of your 5-year term

Total paid over the term
$938,986
Principal paid down
$345,823
Interest paid
$593,163
Balance remaining
$2,484,577

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 26 whole-home leases in Crestwood-Springfarm-Yorkhill$5,987/mo
$71,844Gross annual rent
1.3%Cap rate after taxes and upkeep
$5,524 to $6,629Typical rent range
~33 daysTo find a tenant, on average

The suite is real income here: basements rent in Crestwood-Springfarm-Yorkhill (15 of 75 recent detached leases were basement units, around $1,600 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,600 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 26 whole-home leases in Crestwood-Springfarm-Yorkhill signed at a median of $4,363 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,987. 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.

2.0%
Gross yield
− Property tax $16,822− Insurance $1,400− Vacancy & upkeep $7,903Net operating income $45,719

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

CallRequest a showing