48 Nave Street, Vaughan, ON

Kleinburg, Vaughan · MLS® N13860992

$2,175,000
For Sale
Listed 14 days agoNo offer date stated
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4Bedrooms
5Bathrooms
2Garage · 4 parking
3500-5000Sq ft

About this home

In short

  • Welcome to 48 Nave St., an exceptional luxury residence in prestigious Kleinburg, offering approximately 4,317 sq. ft. of beautifully appointed living space on a...
  • This meticulously maintained home boasts soaring 11-ft ceilings on the main floor, smooth ceilings throughout, an impressive 18-ft living room, waffle ceiling in the...
  • The gourmet kitchen features extended upper cabinetry, a large centre island, built-in appliances, backsplash, custom hood vent and walk-through pantry.
  • Photos were taken while the property was occupied by a previous tenant.
  • Photos were taken while the property was occupied by a previous tenant.

Welcome to 48 Nave St., an exceptional luxury residence in prestigious Kleinburg, offering approximately 4,317 sq. ft. of beautifully appointed living space on a premium 50-ft lot. This meticulously maintained home boasts soaring 11-ft ceilings on the main floor, smooth ceilings throughout, an impressive 18-ft living room, waffle ceiling in the den, wainscoting, mouldings, pot lights and iron pickets. The gourmet kitchen features extended upper cabinetry, a large centre island, built-in appliances, backsplash, custom hood vent and walk-through pantry. Every bedroom enjoys its own ensuite, while the primary retreat features a spa-inspired 6-piece ensuite with an oversized glass shower, freestanding tub and private water closet. An elegant, thoughtfully upgraded home in one of Kleinburg's most sought-after communities. Photos were taken while the property was occupied by a previous tenant. Photos were taken while the property was occupied by a previous tenant.

Key facts

Property type
Detached, 2-Storey
MLS®
N13860992
Bedrooms
4
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
50 × 117.19 ft
Cross streets
Hwy 27/Major Mackenzie
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,002 / 2026
Days on market
14
Listing brokerage
RE/MAX NOBLECORP REAL ESTATE

Rooms

KitchenMain7.65 × 5.85 m

b/i appliances · centre island · pot lights

BreakfastMain7.65 × 5.85 m

w/o to yard · combined w/kitchen · family size kitchen

Living RoomMain4.87 × 3.29 m

wainscoting · hardwood floor · window

Family RoomMain6.49 × 4.27 m

hardwood floor · window · fireplace

Primary BedroomSecond6.22 × 4.57 m

his and hers closets · 6 pc bath · window

Dining RoomMain5.48 × 3.93 m

wainscoting · coffered ceiling(s) · pot lights

Bedroom 2Second4.27 × 3.90 m

window · walk-in closet(s) · 3 pc bath

LibraryMain4.27 × 3.54 m

separate room · hardwood floor · window

Bedroom 3Second4.66 × 3.90 m

window · walk-in closet(s) · 4 pc bath

Bedroom 4Second4.94 × 3.60 m

window · walk-in closet(s) · 4 pc bath

Our TakeTeam Asgarian · Broker
A discount is typical here
$2.07Mlikely sale price

Listed at $2,175,000. Going by how homes in Kleinburg have actually closed against their asking prices (about 95%, 41 local closings in 90 days), the likely sale price is near $2.07M, if it sells. A realistic range is $1.94M to $2.33M.

Independent value check: $2.03M. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $1.90M and $2.12M).

Why $2.03M. The typical detached home sold in Kleinburg over the past year went for about $1.72M (151 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,002 a year; the typical home sold here pays about $7,200.
  • ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 3,000 to 3,500.
List price
$1.94MBelow recent closings$2.33MAbove recent closings

Total price vs nearby homes. Likely closing about $2.07M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.90Mmedian sold price
93%of asking, on average
+7%prices vs a year ago
~33 dayshomes like this take to sell
14days on market so far
$5,818/moest. rent · 27 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 30 detached homes for sale in the area against 41 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 $512/sqft against an area asking average of $646/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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.08M. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • 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
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($512/sqft) is below 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.

Based on 41 comparable homes that sold in Kleinburg over the past two years, from 277 closings there.

Sold price trend

Median sold price for detached homes in Kleinburg: $1.99M in September 2026, up 10% from a year ago, on 151 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$1.69M13
November 2025$1.74M9
December 2025$1.81M6
January 2026$1.69M8
February 2026$1.61M11
March 2026$1.68M13
April 2026$1.60M12
May 2026$1.71M13
June 2026$1.68M15
July 2026$1.65M18
August 2026$2.05M15
September 2026$1.99M18

Neighbourhood & location

Kleinburg, 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.

Sonoma Heights
$1.47M
West Woodbridge
$1.45M
Vellore Village
$1.67M
East Woodbridge
$1.44M
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
$9,913/mo
$407KIncome needed
5.3×Price ÷ income
$2,288Weekly cost
$40,850Land 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 $9,913Property tax $834Total carry $10,746

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)
$9,621per month

Mortgage amount $1,740,000 · 4.49% over 25 years

$435,000Down payment (20.0%)
$1,740,000Loan before insurance
$0CMHC premium
$10,454Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,621
Property tax
$834
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,454

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

One-time closing costs

Ontario land transfer tax
$40,850
Estimated closing costs
$40,850

Plus your down payment of $435,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,644/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

$1,146,228Total interest paid
$2,886,228Total of all payments
Principal $1,740,000 Interest $1,146,228
YearPrincipalInterestBalance
1$38,829$76,620$1,701,171
2$40,592$74,857$1,660,578
3$42,435$73,014$1,618,143
4$44,362$71,087$1,573,781
5$46,376$69,073$1,527,404
6$48,482$66,967$1,478,922
7$50,683$64,766$1,428,239
8$52,985$62,464$1,375,254
9$55,390$60,059$1,319,864
10$57,905$57,544$1,261,958
11$60,534$54,915$1,201,424
12$63,283$52,166$1,138,141
13$66,156$49,293$1,071,985
14$69,160$46,289$1,002,825
15$72,300$43,149$930,525
16$75,583$39,866$854,942
17$79,015$36,435$775,928
18$82,602$32,847$693,325
19$86,353$29,096$606,973
20$90,273$25,176$516,699
21$94,372$21,077$422,327
22$98,657$16,792$323,670
23$103,136$12,313$220,534
24$107,819$7,630$112,715
25$112,715$2,734$0

At the end of your 5-year term

Total paid over the term
$577,246
Principal paid down
$212,596
Interest paid
$364,650
Balance remaining
$1,527,404

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 27 whole-home leases in Kleinburg$5,818/mo
$69,816Gross annual rent
2.3%Cap rate after taxes and upkeep
$5,071 to $6,379Typical rent range
~33 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 27 whole-home leases in Kleinburg signed at a median of $5,262 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,818. 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.

3.2%
Gross yield
− Property tax $10,002− Insurance $1,400− Vacancy & upkeep $7,680Net operating income $50,734

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

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