55 Thornbank Road, Vaughan, ON

Uplands, Vaughan · MLS® N13843218

$9,980,000
For Sale
Listed 19 days agoNo offer date stated
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4+2Bedrooms
10Bathrooms
3Garage
5,000Sq ft

About this home

In short

  • Landmark Estate Backing Onto The Prestigious Thornhill Golf And Nestled On Its Expansive South-Facing Lot.
  • Opens To A Grand Foyer W/ Majestic Cathedral Ceiling Soaring to a Breathtaking Height of Over 18 Feet, Custom Wall Paneling, Heated Natural Limestone Floors & Crown...
  • The Main Level Offers 11' Ceilings, Formal Living & Dining Rooms, Private Office Complete W/ Floor To Ceiling Wood Panelling & Gas Fireplace, Chef's Gourmet Kitchen...
  • Walk-Out Lower Level Designed by World Renowned Lori Morris, Features 9' Ceilings,Home Theatre, Games Room, Temp. & Humidity Controlled Wine Cellar (1,500 bottles)...
  • Backyard Oasis Features An Inground Heated Salt Water Pool W/ Cascading Waterfall, Hot Tub, Outdoor Bathrm/Change Rm, Lush Gardens, & Resort-Style Amenities.

Landmark Estate Backing Onto The Prestigious Thornhill Golf And Nestled On Its Expansive South-Facing Lot. Towering Mature Trees For Ample Privacy. A Masterclass In Timeless Elegance & Craftsmanship W/ Striking Limestone Exterior & Cedar Shake Roof. Over 12,150 SF Of Luxurious Living Space. Opens To A Grand Foyer W/ Majestic Cathedral Ceiling Soaring to a Breathtaking Height of Over 18 Feet, Custom Wall Paneling, Heated Natural Limestone Floors & Crown Molding. The Main Level Offers 11' Ceilings, Formal Living & Dining Rooms, Private Office Complete W/ Floor To Ceiling Wood Panelling & Gas Fireplace, Chef's Gourmet Kitchen W/ Custom Cabinetry, Natural Stone Countertops Complete in Leathered Finish, Wolf Appliances, Limestone Floors W/ Elegant Marble Inlays, Walk-in Pantry, Breakfast Area & Walk-out to Rear Gardens. The Family Room Impresses W/ Grand Atrium Ceilings, Flooded W/ Natural Light, Custom Built-Ins, & A Dual Fireplace. Heated Floors Enhance The Side Entrance & Powder Rooms. Unparalleled In Grandeur Primary Suite Offers Walk-Out to Terrace, Gas Fireplace, Walk-In Closet W/ Vanity Island, A Spa-Like Bath W/ Heated Marble Floors, His&Hers Vanities, Jacuzzi Tub & Separate Water Closet. Upper Lvl Features Three Oversized Bedrooms, Each W/ Private Ensuites, Custom Closets & 2 Balconies. Walk-Out Lower Level Designed by World Renowned Lori Morris, Features 9' Ceilings,Home Theatre, Games Room, Temp. & Humidity Controlled Wine Cellar (1,500 bottles), Guest Suite, Full Spa With Sauna & Shower, Gym W/ Direct Access To The Gardens & Heated Pool. Smart Home Features Incl. Lutron Lighting, Sonos Sound System, Radiant Floor Heating. Full Snow-Melt Systems For Driveway & All Exterior Stone Surfaces. Backyard Oasis Features An Inground Heated Salt Water Pool W/ Cascading Waterfall, Hot Tub, Outdoor Bathrm/Change Rm, Lush Gardens, & Resort-Style Amenities. A One-Of-A-Kind Estate W/ Unparalleled Blend Of Sophistication, Ultimate Privacy And Prestigious Golf Course Setting.

Key facts

Property type
Detached, 2-Storey
MLS®
N13843218
Bedrooms
4+2 (6 total)
Bathrooms
10 (2 half)
Size
5,000 sq ft
Lot
100 × 304.58 ft
Cross streets
Centre St/Bathurst
Parking
3 garage (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Stucco (Plaster)
Foundation
Unknown
Roof
Cedar, Shake
Sewer
Sewer
Pool
Inground, Salt
Property tax
$33,413 / 2025
Days on market
19
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Bedroom 3Second7.23 × 5.18 m

3 pc ensuite · b/i desk · double closet

Primary BedroomMain7.95 × 5.31 m

6 pc ensuite · cathedral ceiling(s) · walk-in closet(s)

Media RoomLower7.57 × 4.95 m

crown moulding · pot lights · broadloom

Living RoomMain6.81 × 5.89 m

fireplace · crown moulding · hardwood floor

Family RoomMain7.34 × 5.21 m

cathedral ceiling(s) · 2 way fireplace · w/o to garden

Dining RoomMain6.27 × 3.91 m

hardwood floor · crown moulding · wainscoting

Exercise RoomLower7.72 × 7.52 m

w/o to garden · mirrored walls · pot lights

Bedroom 5Lower6.91 × 5.59 m

4 pc ensuite · walk-in closet(s) · crown moulding

Bedroom 2Second6.91 × 5.59 m

5 pc ensuite · w/o to balcony · walk-in closet(s)

RecreationLower7.46 × 5.00 m

hardwood floor · built-in speakers · pot lights

Bedroom 4Second4.84 × 4.62 m

4 pc ensuite · w/o to balcony · b/i desk

KitchenMain9.04 × 7.29 m

b/i appliances · centre island · pantry

SittingLower5.30 × 3.60 m

coffered ceiling(s) · hardwood floor · pot lights

LibraryMain4.67 × 3.86 m

fireplace · panelled · hardwood floor

BreakfastMain4.27 × 3.38 m

w/o to terrace · limestone flooring · crown moulding

Our TakeTeam Asgarian · Broker
No automatic estimate

This is a rare parcel: about 0.7 acres, and it backs onto a golf course. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Uplands · asking prices
$7.27Mavg 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 $6.64M, which is where my estimate comes from.

Per square foot, these ask about $1,455/sqft; this home lists at $1,996/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
9.98MThis home7.50M5.99M6.00M11.50M5.38MThis 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

Uplands, 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.

Brownridge
$1.24M
Lakeview Estates
$949K
Glen Shields
$1.28M
Patterson
$1.73M
Maple
$1.63M

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
$45,486/mo
$1814KIncome needed
5.5×Price ÷ income
$10,497Weekly cost
$235,975Land 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 $45,486Property tax $2,784Total carry $48,270

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)
$44,145per month

Mortgage amount $7,984,000 · 4.49% over 25 years

$1,996,000Down payment (20.0%)
$7,984,000Loan before insurance
$0CMHC premium
$46,929Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$44,145
Property tax
$2,784
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$46,929

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

One-time closing costs

Ontario land transfer tax
$235,975
Estimated closing costs
$235,975

Plus your down payment of $1,996,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$53,430/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

$5,259,472Total interest paid
$13,243,472Total of all payments
Principal $7,984,000 Interest $5,259,472
YearPrincipalInterestBalance
1$178,169$351,570$7,805,831
2$186,258$343,480$7,619,573
3$194,715$335,024$7,424,857
4$203,556$326,183$7,221,301
5$212,798$316,940$7,008,503
6$222,460$307,278$6,786,042
7$232,561$297,178$6,553,481
8$243,120$286,619$6,310,361
9$254,159$275,580$6,056,202
10$265,699$264,040$5,790,504
11$277,762$251,976$5,512,741
12$290,374$239,365$5,222,367
13$303,558$226,181$4,918,809
14$317,341$212,398$4,601,468
15$331,749$197,990$4,269,719
16$346,812$182,927$3,922,907
17$362,559$167,180$3,560,348
18$379,020$150,718$3,181,328
19$396,229$133,509$2,785,098
20$414,220$115,519$2,370,878
21$433,027$96,712$1,937,851
22$452,688$77,051$1,485,163
23$473,242$56,497$1,011,921
24$494,729$35,010$517,192
25$517,192$12,547$0

At the end of your 5-year term

Total paid over the term
$2,648,694
Principal paid down
$975,497
Interest paid
$1,673,197
Balance remaining
$7,008,503

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 6 whole-home leases in Uplands$13,354/mo
$160,248Gross annual rent
1.1%Cap rate after taxes and upkeep
$6,586 to $22,725Typical rent range
~31 daysTo find a tenant, on average

The suite is real income here: basements rent in Uplands (6 of 50 recent detached leases were basement units, around $2,000 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $2,000 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 6 whole-home leases in Uplands signed at a median of $12,778 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $13,354. 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.

1.6%
Gross yield
− Property tax $33,413− Insurance $1,400− Vacancy & upkeep $17,627Net operating income $107,808

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

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