12 Wallenberg Drive, Vaughan, ON

Patterson, Vaughan · MLS® N13842054

$1,699,000
For Sale
Listed 19 days agoNo offer date stated
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4+1Bedrooms
5Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Amazing Updated 4+1 Bedroom Family Home on a Premium street in the Sought-After Valley of Thornhill.
  • The main floor features a spacious open-concept layout with generously sized principal rooms, a large modern kitchen with centre island, granite countertops...
  • Enjoy outdoor living in the beautifully landscaped yard with patio and hot tub.
  • The upper level offers well-sized bedrooms, including a stunning primary suite with a 5-piece ensuite and walk-in closet.
  • Added bonus of a fully finished basement apartment with separate entrance and direct garage access-ideal for extended family or potential income.

Amazing Updated 4+1 Bedroom Family Home on a Premium street in the Sought-After Valley of Thornhill! This beautifully maintained home offers 2711 sq ft with a fantastic floor plan, perfect for a large family and ideal for entertaining. The main floor features a spacious open-concept layout with generously sized principal rooms, a large modern kitchen with centre island, granite countertops, stainless steel appliances, and a bright breakfast area combined with the family room with gas fireplace, all overlooking a private backyard. Enjoy outdoor living in the beautifully landscaped yard with patio and hot tub. The upper level offers well-sized bedrooms, including a stunning primary suite with a 5-piece ensuite and walk-in closet. Added bonus of a fully finished basement apartment with separate entrance and direct garage access-ideal for extended family or potential income. Tasteful renovations and upgrades throughout. Prime location close to JCC/Lebovic Campus, top-rated schools, parks, nature trails, Rutherford Marketplace, and all amenities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13842054
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
43.96 × 93.5 ft
Cross streets
Lebovic Campus Dr/Thomas Cook Ave
Parking
2 garage · 6 parking (built-in)
Basement
Finished, Full
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Not Applicable
Roof
Not Applicable
Sewer
Sewer
Property tax
$7,906 / 2026
Days on market
19
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

Bedroom 3Second4.72 × 3.35 m

cathedral ceiling(s) · semi ensuite · closet

BreakfastMain4.26 × 3.04 m

w/o to yard · pot lights · open concept

Family RoomMain5.82 × 3.59 m

hardwood floor · fireplace · open concept

Primary BedroomSecond5.48 × 3.44 m

5 pc bath · walk-in closet(s) · broadloom

Living RoomMain4.72 × 6.33 m

hardwood floor · large window · combined w/dining

Living RoomBasement0.00 × 0.00 m

laminate · pot lights · above grade window

Bedroom 4Second4.11 × 3.35 m

semi ensuite · closet · broadloom

Dining RoomMain4.72 × 6.33 m

hardwood floor · pot lights · open concept

KitchenBasement0.00 × 0.00 m

laminate · stainless steel appl · pot lights

Bedroom 2Second3.90 × 3.81 m

4 pc ensuite · walk-in closet(s) · large window

BedroomBasement0.00 × 0.00 m

laminate · 3 pc bath · above grade window

KitchenMain3.56 × 3.35 m

centre island · stainless steel appl · granite counters

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.71Mlikely sale price

Listed at $1,699,000. Going by how homes in Patterson have actually closed against their asking prices (about 101%, 60 local closings in 90 days), the likely sale price is near $1.71M, if it sells. A realistic range is $1.60M to $1.92M.

Independent value check: $1.63M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $1.52M and $1.70M).

Why $1.63M. The typical detached home sold in Patterson over the past year went for about $1.65M (264 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $7,906 a year; the typical home sold here pays about $7,600.
List price
$1.60MBelow recent closings$1.92MAbove recent closings

Total price vs nearby homes. Likely closing about $1.71M, from 60 recent closings in this pocket.

The market behind the math:

60sold nearby · 90 days
$1.50Mmedian sold price
102%of asking, on average
−12%prices vs a year ago
~17 dayshomes like this take to sell
19days on market so far
$5,542/moest. rent · 103 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 54 detached homes for sale in the area against 60 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 $618/sqft against an area asking average of $639/sqft.

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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.62M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle

Based on 60 comparable homes that sold in Patterson over the past two years, from 500 closings there.

Sold price trend

Median sold price for detached homes in Patterson: $1.42M in September 2026, down 8% from a year ago, on 259 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.

Month by month
MonthMedian soldClosings
October 2025$1.73M33
November 2025$1.79M22
December 2025$1.52M12
January 2026$1.57M8
February 2026$1.61M17
March 2026$1.71M24
April 2026$1.65M21
May 2026$1.79M32
June 2026$1.63M29
July 2026$1.65M17
August 2026$1.62M24
September 2026$1.42M20

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.

Maple
$1.63M
Uplands
$1.55M
Brownridge
$1.24M
Glen Shields
$1.28M
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
$7,743/mo
$319KIncome needed
5.3×Price ÷ income
$1,787Weekly cost
$30,455Land 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 $7,743Property tax $659Total carry $8,402

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)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,174Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$659
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,174

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

One-time closing costs

Ontario land transfer tax
$30,455
Estimated closing costs
$30,455

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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 103 whole-home leases in Patterson$5,542/mo
$66,504Gross annual rent
2.9%Cap rate after taxes and upkeep
$5,191 to $5,942Typical rent range
~38 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 103 whole-home leases in Patterson signed at a median of $5,371 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,542. 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.

3.9%
Gross yield
− Property tax $7,906− Insurance $1,400− Vacancy & upkeep $7,315Net operating income $49,883

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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