37 Cherry Bush Road, Vaughan, ON
Patterson, Vaughan · MLS® N14086514
About this home
In short
- A rare opportunity in highly sought-after Patterson, 37 Cherry Bush Rd is a beautifully maintained, FULLY DETACHED 2-storey home nestled in one of Patterson's most...
- Offering 3 LARGE BEDROOMS & 4 BATHS this home combines spacious living with crown moulding, pot lights & exceptional functionality throughout.
- The main level features 9-foot ceilings, a welcoming living room with cozy fireplace, breakfast bar & bright separate dining area with walkout to an oversize deck...
- NEW Roof SHINGLES July 2025.
- Ideally located within walking distance from Maple Go station, top-rated schools, parks, playgrounds, trails, community amenities, shopping, restaurants, library, and...
A rare opportunity in highly sought-after Patterson, 37 Cherry Bush Rd is a beautifully maintained, FULLY DETACHED 2-storey home nestled in one of Patterson's most desirable family-friendly communities. Offering 3 LARGE BEDROOMS & 4 BATHS this home combines spacious living with crown moulding, pot lights & exceptional functionality throughout. The main level features 9-foot ceilings, a welcoming living room with cozy fireplace, breakfast bar & bright separate dining area with walkout to an oversize deck with gazebo perfect for morning coffee, outdoor dining or entertaining. The spacious kitchen offers excellent functionality & connects seamlessly with the principal living space. Upstairs the generously sized bedrooms provide plenty of room for the growing family. The principal bedroom features a private ensuite, while the second bedroom offers its own private walkout balcony! The finished lower level is a true extension of the home, featuring a bright walkout to a stamped concrete patio & beautifully landscaped, fully fenced yard with a custom-built pizza oven & shed, plus a convenient interlock walkway along the side of the home to the front. CUSTOM built-in shelving, dedicated office and study area in the basement create a flexible space ideal for working from home, studying or hobbies, while the finished recreation area provides an inviting setting for family time & entertaining. DIRECT GARAGE access from the foyer! A couple walls in the garage have slatwall storage panelling. NEW Roof SHINGLES July 2025. No sidewalk offers added convenience & maximum driveway space. Ideally located within walking distance from Maple Go station, top-rated schools, parks, playgrounds, trails, community amenities, shopping, restaurants, library, and grocery stores, complete with easy access to Cortellucci Vaughan hospital & Hwy 400, 404 & 407. A move-in-ready home offering the space, comfort, unbeatable location & lifestyle today's families are looking for.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14086514
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 29.53 × 115.81 ft
- Cross streets
- Major Mackenzie Dr W & Dufferin St.
- Parking
- 1 garage · 4 parking (built-in)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,904 / 2026
- Days on market
- 3
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
closet · w/o to balcony · parquet
Window
w/o to deck · combined w/kitchen · crown moulding
stainless steel appl · pot lights · ceramic floor
w/o to patio · pot lights · b/i desk
4 pc ensuite · walk-in closet(s) · parquet
double closet · window · parquet
fireplace · pot lights · hardwood floor
laundry sink · ceramic floor
Listed at $1,269,000. 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 $1.27M, if it sells. A realistic range is $1.19M to $1.44M.
Independent value check: $1.24M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.16M and $1.29M).
Why $1.24M. 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 stronglyIts tax bill, which follows the city's own assessment, is $5,904 a year; the typical home sold here pays about $7,600.
- ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightly3 bedrooms and 4 baths, against 4+1 and 5 typically.
Total price vs nearby homes. Likely closing about $1.27M, from 60 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 15 detached homes for sale in the area against 60 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $725/sqft against an area asking average of $658/sqft.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 $1.29M. Condition and finishes remain an in-person call.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
Based on 60 comparable homes that sold in Patterson over the past two years, from 500 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $642/sqft; this home lists at $725/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold 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.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.73M | 33 |
| November 2025 | $1.79M | 22 |
| December 2025 | $1.52M | 12 |
| January 2026 | $1.57M | 8 |
| February 2026 | $1.61M | 17 |
| March 2026 | $1.71M | 24 |
| April 2026 | $1.65M | 21 |
| May 2026 | $1.79M | 32 |
| June 2026 | $1.63M | 29 |
| July 2026 | $1.65M | 17 |
| August 2026 | $1.62M | 24 |
| September 2026 | $1.42M | 20 |
Neighbourhood & location
Patterson, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,015,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,613
- Property tax
- $492
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,105
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,855
- Estimated closing costs
- $21,855
Plus your down payment of $253,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $336,793
- Principal paid down
- $124,039
- Interest paid
- $212,754
- Balance remaining
- $891,161
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.
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
The suite is real income here: basements rent in Patterson (46 of 285 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 numbersThe last 50 whole-home leases in Patterson signed at a median of $4,543 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,298. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.