500 Vaughan Mills Road, Vaughan, ON
Islington Woods, Vaughan · MLS® N14087232
About this home
In short
- Welcome to this exceptional 4-bedroom, 5-bathroom detached residence offering over 3,100 sq. ft. above grade in the prestigious Islington Woods community of Woodbridge.
- Step inside to discover rich hardwood flooring, elegant wrought-iron pickets, sophisticated coffered ceilings in the dining room and a 2 beautiful gas fireplace that...
- The stunning open concept kitchen features premium finishes and flows seamlessly into inviting living spaces, ideal for both everyday living and entertaining.
- The fully finished basement is an entertainer's dream, complete with a second kitchen featuring a waterfall quartz island, custom wet bar with quartz backsplash...
- Step outside to your own private backyard retreat, featuring a beautiful inground pool and ample space to relax, entertain and create lasting memories.
Welcome to this exceptional 4-bedroom, 5-bathroom detached residence offering over 3,100 sq. ft. above grade in the prestigious Islington Woods community of Woodbridge. Thoughtfully upgraded and beautifully maintained, this stunning home offers the perfect blend of luxury, comfort and functionality. Step inside to discover rich hardwood flooring, elegant wrought-iron pickets, sophisticated coffered ceilings in the dining room and a 2 beautiful gas fireplace that adds warmth and character. The stunning open concept kitchen features premium finishes and flows seamlessly into inviting living spaces, ideal for both everyday living and entertaining. The fully finished basement is an entertainer's dream, complete with a second kitchen featuring a waterfall quartz island, custom wet bar with quartz backsplash, striking wine display and an additional fireplace, offering incredible versatility for extended family or hosting guests. Step outside to your own private backyard retreat, featuring a beautiful inground pool and ample space to relax, entertain and create lasting memories. Nestled among beautiful homes in one of Woodbridge's most desirable neighbourhoods, just moments from parks, scenic trails, excellent schools and everyday amenities. Offering exceptional space, thoughtful upgrades and a backyard designed for unforgettable summers, this is more than just a home; it's a Lifestyle. Move right in and make it yours!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N14087232
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 5 (1 half)
- Size
- 3000-3500 sq ft
- Lot
- 60.36 × 138.95 ft
- Cross streets
- VAUGHAN MILLS/RUTHERFORD
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $8,204 / 2026
- Days on market
- 3
- Listing brokerage
- RE/MAX NOBLECORP REAL ESTATE
Rooms
large window · hardwood floor
wet bar · eat-in kitchen · gas fireplace
led lighting · b/i closet
gas fireplace · pot lights · window
eat-in kitchen · granite counters · centre island
combined w/living · window · coffered ceiling(s)
closet organizers · window · semi ensuite
semi ensuite · closet organizers · window
window · hardwood floor
his and hers closets · 5 pc ensuite · hardwood floor
large window · 3 pc ensuite · closet organizers
Listed at $1,988,000. Going by how homes in Islington Woods and the wider GTA have actually closed against their asking prices (about 97%, 13 local closings in 90 days), the likely sale price is near $1.93M, if it sells. A realistic range is $1.81M to $2.18M.
Independent value check: $1.91M. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $1.79M and $2.00M).
Why $1.91M. The typical detached home sold in Islington Woods over the past year went for about $1.96M (49 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $8,204 a year; the typical home sold here pays about $9,200.
- ▲ Raises it4+1 bedrooms and 5 baths, against 4+1 and 4 typically.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.93M, from 13 recent closings in this pocket.
The market behind the math:
About 3.2 months of inventory: 14 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $612/sqft against an area asking average of $576/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 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.90M. 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Based on 13 comparable homes that sold in Islington Woods over the past two years, from 78 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $662/sqft; this home lists at $612/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Vaughan: $1.43M in September 2026, down 2% from a year ago, on 1,377 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.47M | 149 |
| November 2025 | $1.51M | 97 |
| December 2025 | $1.39M | 76 |
| January 2026 | $1.33M | 70 |
| February 2026 | $1.44M | 81 |
| March 2026 | $1.45M | 109 |
| April 2026 | $1.40M | 130 |
| May 2026 | $1.44M | 159 |
| June 2026 | $1.42M | 160 |
| July 2026 | $1.39M | 115 |
| August 2026 | $1.45M | 123 |
| September 2026 | $1.43M | 108 |
Neighbourhood & location
Islington Woods, 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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,590,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,794
- Property tax
- $684
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,477
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,235
- Estimated closing costs
- $36,235
Plus your down payment of $397,600. 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
- $527,616
- Principal paid down
- $194,318
- Interest paid
- $333,298
- Balance remaining
- $1,396,082
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
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 9 whole-home leases in Islington Woods signed at a median of $5,943 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,359. 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 NOBLECORP REAL ESTATE. MLS®/PropTx.