23 Lady Karen Crescent, Vaughan, ON

Patterson, Vaughan · MLS® N14016186

$1,890,000
For Sale
Listed 6 days agoNo offer date stated
4+1Bedrooms
5Bathrooms
2Garage · 5 parking
3500-5000Sq ft

About this home

In short

  • Absolutely Rare Executive Home In Prestigious Upper Thornhill Estates.
  • Of Finished Walk-Out Basement - Over 5,000 Sq.
  • Grand 18-Ft Ceiling Foyer Opens To An Exceptional And Highly Functional Layout Featuring 4+1 Bedrooms, 5 Bathrooms, Including 3 Bathrooms On The Second Floor.
  • Every Bedroom Is Generously Sized, With Hardwood Flooring Throughout.
  • The Walk-Out Lower Level Opens To A Spacious Deck Overlooking A Private, Ravine-Like Lot - Ideal For Entertaining, Relaxing And Extended Family Living.

Absolutely Rare Executive Home In Prestigious Upper Thornhill Estates! Offering Approximately 3,560 Sq.Ft. Across The Main And Second Floors, Plus Approximately 1,500 Sq.Ft. Of Finished Walk-Out Basement - Over 5,000 Sq.Ft. Of Total Finished Living Space!Grand 18-Ft Ceiling Foyer Opens To An Exceptional And Highly Functional Layout Featuring 4+1 Bedrooms, 5 Bathrooms, Including 3 Bathrooms On The Second Floor. Every Bedroom Is Generously Sized, With Hardwood Flooring Throughout. The Spacious Primary Retreat Features A Spa-Inspired Ensuite, Creating The Perfect Place To Relax And Unwind.Bright And Spacious Kitchen With Granite Centre Island, Excellent Flow Between Principal Rooms, And Fresh Professional Paint Throughout. The Walk-Out Lower Level Opens To A Spacious Deck Overlooking A Private, Ravine-Like Lot - Ideal For Entertaining, Relaxing And Extended Family Living.Impeccably Maintained With Numerous Upgrades And Custom Interior Details. Situated On A Quiet, Child-Safe Street In An Exceptional Location Within Walking Distance To Yummy Market And Golf Club, Close To The Area's Trail System, Parks And Community Amenities, And Just Minutes To Eagle's Landing Plaza Featuring Grocery Stores, Restaurants, Banks, Daycare, Pharmacy, Walk-In Clinic, Fitness, Coffee Shops And Much More.Zoned For St. Theresa Of Lisieux Catholic High School. A Rare Opportunity To Own A Spacious Executive Home In One Of Vaughan's Most Desirable Communities!

Key facts

Property type
Detached, 2-Storey
MLS®
N14016186
Bedrooms
4+1 (5 total)
Bathrooms
5 (1 half)
Size
3500-5000 sq ft
Lot
41.99 × 109.91 ft
Cross streets
Major Mackenzie / Dufferin
Parking
2 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$8,734 / 2025
Days on market
6
Listing brokerage
FIRST CLASS REALTY INC.

Rooms

Living RoomGround4.04 × 3.76 m

hardwood floor · crown moulding

BreakfastGround4.48 × 1.77 m

ceramic floor · w/o to deck

Bedroom 2Second4.22 × 4.01 m

hardwood floor · semi ensuite · b/i closet

Dining RoomGround4.48 × 4.71 m

hardwood floor · crown moulding · large window

KitchenGround3.71 × 5.20 m

ceramic floor · centre island · modern kitchen

Bedroom 3Second5.07 × 3.28 m

hardwood floor · semi ensuite · large window

Family RoomGround5.31 × 3.86 m

large window · hardwood floor · gas fireplace

Primary BedroomSecond5.91 × 5.31 m

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

Bedroom 4Second3.64 × 4.16 m

hardwood floor · large window · b/i closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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
$8,614/mo
$354KIncome needed
5.3×Price ÷ income
$1,988Weekly cost
$34,275Land 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 $8,614Property tax $728Total carry $9,342

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)
$8,360per month

Mortgage amount $1,512,000 · 4.49% over 25 years

$378,000Down payment (20.0%)
$1,512,000Loan before insurance
$0CMHC premium
$9,088Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,360
Property tax
$728
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,088

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

One-time closing costs

Ontario land transfer tax
$34,275
Estimated closing costs
$34,275

Plus your down payment of $378,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,119/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

$996,032Total interest paid
$2,508,032Total of all payments
Principal $1,512,000 Interest $996,032
YearPrincipalInterestBalance
1$33,741$66,580$1,478,259
2$35,273$65,048$1,442,985
3$36,875$63,446$1,406,110
4$38,549$61,772$1,367,561
5$40,300$60,022$1,327,262
6$42,129$58,192$1,285,132
7$44,042$56,279$1,241,090
8$46,042$54,279$1,195,048
9$48,132$52,189$1,146,916
10$50,318$50,004$1,096,598
11$52,602$47,719$1,043,996
12$54,991$45,331$989,005
13$57,487$42,834$931,518
14$60,098$40,224$871,420
15$62,826$37,495$808,594
16$65,679$34,642$742,915
17$68,661$31,660$674,254
18$71,778$28,543$602,476
19$75,037$25,284$527,438
20$78,444$21,877$448,994
21$82,006$18,315$366,988
22$85,730$14,592$281,258
23$89,622$10,699$191,636
24$93,691$6,630$97,945
25$97,945$2,376$0

At the end of your 5-year term

Total paid over the term
$501,606
Principal paid down
$184,738
Interest paid
$316,868
Balance remaining
$1,327,262

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
Estimate$7,350/mo
$88,200Gross annual rent
3.6%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.7%
Gross yield
− Property tax $8,734− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $68,364

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

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