8 Matisse Trail, Vaughan, ON

Patterson, Vaughan · MLS® N13846576

$1,888,000
For Sale
Listed 19 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 7 parking
2500-3000Sq ft

About this home

In short

  • Welcome to 8 Matisse Trail - a home where nature, comfort, and modern upgrades come together.
  • Set high on the ravine with no rear neighbours, this Aspen Ridge beauty offers peaceful views, sunlight, and a deep backyard that feels like a private retreat.
  • True ravine properties in Thornhill Woods are exceptionally rare - homes with this level of privacy and natural exposure seldom come to market.
  • The main floor features crown moulding and a living room with a bay window overlooking the ravine - a perfect vantage point to enjoy the changing seasons.
  • The newly finished basement is a standout: 7 inch wide vinyl flooring, warm pot lights, and extended jamb windows that bring in exceptional natural light - a valuable...

Welcome to 8 Matisse Trail - a home where nature, comfort, and modern upgrades come together. Set high on the ravine with no rear neighbours, this Aspen Ridge beauty offers peaceful views, sunlight, and a deep backyard that feels like a private retreat. True ravine properties in Thornhill Woods are exceptionally rare - homes with this level of privacy and natural exposure seldom come to market. Located in one of the best pockets of Thornhill Woods, Matisse Trail offers unmatched convenience for families. The home is within walking distance to all three highly reputable elementary schools - Thornhill Woods PS, Bakersfield PS, and Carville Mills PS - as well as Stephen Lewis Secondary School. Inside, the home has been refreshed with smooth ceilings on both levels, giving every room a clean, contemporary feel. The bathrooms feature new upgraded glass shower doors, including a new glass shower cabin in the primary ensuite. Hardwood flooring runs throughout the home, complemented by a matching staircase with wrought iron pickets. The kitchen offers a central island with extra cabinetry, backsplash, quality countertops, vanity lighting, and tall upper cabinets. The main floor features crown moulding and a living room with a bay window overlooking the ravine - a perfect vantage point to enjoy the changing seasons. Upstairs, the home offers exceptional natural light with two triple south facing windows and three full bathrooms on the second floor, a rare and highly desirable layout. A new washer and dryer add everyday convenience. The newly finished basement is a standout: 7 inch wide vinyl flooring, warm pot lights, and extended jamb windows that bring in exceptional natural light - a valuable upgrade seldom found in this neighbourhood. Outside, the property features interlocking in both the front and backyard. This is a home designed for families who value privacy, nature, sunlight, and modern comfort.

Key facts

Property type
Detached, 2-Storey
MLS®
N13846576
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
41.23 × 119.26 ft
Cross streets
Autumn Hill & Thornhill Woods
Parking
2 garage · 7 parking (detached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,644 / 2026
Days on market
19
Listing brokerage
HOMELIFE/BAYVIEW REALTY INC.

Rooms

Dining RoomMain3.05 × 6.71 m

combined w/dining · window · hardwood floor

Bedroom 4Second4.57 × 3.05 m

double closet · hardwood floor

BreakfastMain3.96 × 3.05 m

w/o to yard · tile floor · ceramic floor

RecreationBasement9.89 × 5.61 m

vinyl floor · pot lights

Bedroom 2Second4.57 × 3.47 m

semi ensuite · walk-in closet(s) · hardwood floor

Primary BedroomSecond5.73 × 4.33 m

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

Family RoomMain4.57 × 3.96 m

crown moulding · bay window · hardwood floor

Living RoomMain6.71 × 3.05 m

combined w/dining · window · hardwood floor

Bedroom 3Second3.96 × 3.66 m

semi ensuite · double closet · hardwood floor

KitchenMain4.27 × 2.44 m

centre island · backsplash · ceramic floor

Our TakeTeam Asgarian · Broker
Likely to sell near ask
$1.90Mlikely sale price

Listed at $1,888,000. 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 $1.90M, if it sells. A realistic range is $1.78M to $2.14M.

Independent value check: $1.53M. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $1.43M and $1.60M).

Why $1.53M. The typical detached home sold in Patterson over the past year went for about $1.65M (264 sales). What sets this one apart:

  • ▼ Lowers it slightly4 bedrooms and 4 baths, against 4+1 and 5 typically.
  • ▲ Raises it slightly2 garage and 7 total parking spaces, against 2 and 5 typically.
List price
$1.78MBelow recent closings$2.14MAbove recent closings

Total price vs nearby homes. Likely closing about $1.90M, 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
$5,366/moest. rent · 106 leases
3.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 55 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 $687/sqft against an area asking average of $632/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 60 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.59M. 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
  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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.

Uplands
$1.55M
Brownridge
$1.24M
Glen Shields
$1.28M
Maple
$1.63M
Lakeview Estates
$949K

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
$8,605/mo
$350KIncome needed
5.4×Price ÷ income
$1,986Weekly cost
$34,235Land 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.

93%mortgage
Mortgage $8,605Property tax $637Total carry $9,242

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,351per month

Mortgage amount $1,510,400 · 4.49% over 25 years

$377,600Down payment (20.0%)
$1,510,400Loan before insurance
$0CMHC premium
$8,988Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,351
Property tax
$637
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,988

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

One-time closing costs

Ontario land transfer tax
$34,235
Estimated closing costs
$34,235

Plus your down payment of $377,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,108/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

$994,978Total interest paid
$2,505,378Total of all payments
Principal $1,510,400 Interest $994,978
YearPrincipalInterestBalance
1$33,706$66,509$1,476,694
2$35,236$64,979$1,441,458
3$36,836$63,379$1,404,622
4$38,508$61,707$1,366,114
5$40,257$59,958$1,325,857
6$42,085$58,130$1,283,772
7$43,996$56,220$1,239,777
8$45,993$54,222$1,193,784
9$48,081$52,134$1,145,702
10$50,264$49,951$1,095,438
11$52,547$47,668$1,042,891
12$54,932$45,283$987,959
13$57,427$42,789$930,532
14$60,034$40,181$870,498
15$62,760$37,455$807,738
16$65,609$34,606$742,129
17$68,588$31,627$673,541
18$71,702$28,513$601,838
19$74,958$25,257$526,880
20$78,361$21,854$448,519
21$81,919$18,296$366,600
22$85,639$14,576$280,961
23$89,527$10,688$191,434
24$93,592$6,623$97,842
25$97,842$2,374$0

At the end of your 5-year term

Total paid over the term
$501,076
Principal paid down
$184,543
Interest paid
$316,533
Balance remaining
$1,325,857

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 106 whole-home leases in Patterson$5,366/mo
$64,392Gross annual rent
2.6%Cap rate after taxes and upkeep
$5,006 to $5,749Typical 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 106 whole-home leases in Patterson signed at a median of $5,306 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,366. 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.

3.4%
Gross yield
− Property tax $7,644− Insurance $1,400− Vacancy & upkeep $7,083Net operating income $48,265

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

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