24 Wascana Road, Vaughan, ON

Elder Mills, Vaughan · MLS® N13843590

$849,900
For Sale
Listed 19 days agoNo offer date stated
3+1Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Welcome To This Modern 3-Storey Townhome In A Sought-After Kleinburg Community.
  • This 2024-Built Home Features A Thoughtfully Designed Open Concept Layout That Seamlessly Connects The Living, Dining And Kitchen Areas.
  • Soaring 10-Ft Ceilings On The Second Level Create An Open, Airy Feel Throughout The Main Living Space.
  • The Primary Suite Features Its Own Balcony, Walk-In Closet, A 4-Piece Ensuite, Walk-In Shower And Soaker Bathtub.
  • Enjoy Ample Space For Family Living With A Good-Sized Backyard, Dual Balconies Flooding The Home With Natural Light, And A Serene Ravine View From The Rear Balcony.

Welcome To This Modern 3-Storey Townhome In A Sought-After Kleinburg Community! This 2024-Built Home Features A Thoughtfully Designed Open Concept Layout That Seamlessly Connects The Living, Dining And Kitchen Areas. Freshly Painted and New Flooring (2026) on Main Level Hallway and Den and Third Level Hallway. Soaring 10-Ft Ceilings On The Second Level Create An Open, Airy Feel Throughout The Main Living Space. The Kitchen Is Finished With Stone Countertops And Walks Out To A Private Balcony With No Rear Neighbours. The Main Level Den Functions Perfectly As A 4th Bedroom Or Home Office. The Primary Suite Features Its Own Balcony, Walk-In Closet, A 4-Piece Ensuite, Walk-In Shower And Soaker Bathtub. Enjoy Ample Space For Family Living With A Good-Sized Backyard, Dual Balconies Flooding The Home With Natural Light, And A Serene Ravine View From The Rear Balcony. Conveniently Located Close To Schools, Grocery, Shopping Mall, Transit, Major Highways & More.

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13843590
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1500-2000 sq ft
Lot
19.69 × 84.55 ft
Cross streets
Highway 27 / Rutherford Rd
Parking
1 garage · 2 parking (attached)
Basement
Full, Unfinished
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,678 / 2025
Days on market
19
Listing brokerage
COLDWELL BANKER THE REALTY GROUP

Rooms

Living RoomSecond5.52 × 3.84 m
BedroomThird2.90 × 3.35 m
Primary BedroomThird4.11 × 3.84 m
Dining RoomSecond4.72 × 3.05 m
KitchenSecond3.35 × 2.75 m
BedroomThird2.75 × 3.35 m
DenMain3.51 × 3.41 m
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.01Mautomated estimate, from recent sales

Listed at $849,900, about 16% below our estimate of $1.01M (homes like it typically land between $950K and $1.06M).

List price
$850KBelow our range$1.06MAbove our range

Total price vs nearby homes. Fair value about $1.01M, learned from recent GTA sales.

The market behind the math:

19days on market so far
$3,500/moest. rent · 5 leases
4.9%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $486/sqft against an area asking average of $586/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $844K. 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.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Elder Mills, so I widened the search to the surrounding area.

Based on 5 comparable homes that sold in Elder Mills over the past two years, from 7 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$928kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.01M, which is where my estimate comes from.

Per square foot, these ask about $413/sqft; this home lists at $486/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
850kThis home787k1000k998kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Vaughan: $1.00M in September 2026, up 1% from a year ago, on 435 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$1.02M46
November 2025$950K35
December 2025$997K29
January 2026$1.07M17
February 2026$1.02M30
March 2026$985K41
April 2026$1.04M45
May 2026$983K53
June 2026$1.02M38
July 2026$996K49
August 2026$1.00M31
September 2026$1.00M21

Neighbourhood & location

Elder Mills, 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.

Kleinburg
$1.05M
East Woodbridge
$989K
Vellore Village
$1.04M
Maple
$934K
Beverley Glen
$965K

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
$3,874/mo
$167KIncome needed
5.1×Price ÷ income
$894Weekly cost
$13,473Land 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.

89%mortgage
Mortgage $3,874Property tax $473Total carry $4,347

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,759per month

Mortgage amount $679,920 · 4.49% over 25 years

$169,980Down payment (20.0%)
$679,920Loan before insurance
$0CMHC premium
$4,233Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,759
Property tax
$473
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,233

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

One-time closing costs

Ontario land transfer tax
$13,473
Estimated closing costs
$13,473

Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,550/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

$447,898Total interest paid
$1,127,818Total of all payments
Principal $679,920 Interest $447,898
YearPrincipalInterestBalance
1$15,173$29,940$664,747
2$15,862$29,251$648,885
3$16,582$28,531$632,303
4$17,335$27,778$614,968
5$18,122$26,991$596,846
6$18,945$26,168$577,902
7$19,805$25,308$558,097
8$20,704$24,409$537,392
9$21,644$23,468$515,748
10$22,627$22,486$493,121
11$23,654$21,458$469,467
12$24,728$20,384$444,738
13$25,851$19,262$418,887
14$27,025$18,088$391,863
15$28,252$16,861$363,611
16$29,535$15,578$334,076
17$30,876$14,237$303,200
18$32,277$12,835$270,923
19$33,743$11,370$237,180
20$35,275$9,838$201,905
21$36,877$8,236$165,028
22$38,551$6,562$126,477
23$40,301$4,811$86,176
24$42,131$2,981$44,044
25$44,044$1,069$0

At the end of your 5-year term

Total paid over the term
$225,564
Principal paid down
$83,074
Interest paid
$142,490
Balance remaining
$596,846

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 5 whole-home leases in Elder Mills$3,500/mo
$42,000Gross annual rent
3.6%Cap rate after taxes and upkeep
$3,080 to $3,920Typical rent range

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 5 whole-home leases in Elder Mills signed at a median of $3,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,500. 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.

4.9%
Gross yield
− Property tax $5,678− Insurance $1,400− Vacancy & upkeep $4,620Net operating income $30,302

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REALTY GROUP. MLS®/PropTx.

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