51 NOVELLA Road, Vaughan, ON
Concord, Vaughan · MLS® N14101688
About this home
In short
- Welcome to 51 Novella Road.
- Nestled in Concord's top-tier Dufferin Hills, this turnkey 3 Bed + Loft townhouse delivers space, style, and seamless modern living.
- From the moment you enter through the brand-new front door, you're greeted by fresh paint, modern lighting, and carpet-free living with newly refinished hardwood...
- The open-concept main level effortlessly connects the functional kitchen to the bright living areas, leading out through a new patio door into your private backyard.
- The fully finished basement adds a large rec room and a 4th bedroom.
Welcome to 51 Novella Road! Nestled in Concord's top-tier Dufferin Hills, this turnkey 3 Bed + Loft townhouse delivers space, style, and seamless modern living.From the moment you enter through the brand-new front door, you're greeted by fresh paint, modern lighting, and carpet-free living with newly refinished hardwood floors and an elegant oak staircase. The open-concept main level effortlessly connects the functional kitchen to the bright living areas, leading out through a new patio door into your private backyard.Upstairs, explore three oversized bedrooms plus a versatile loft space-ideal for work or play. The primary suite serves as your personal retreat with a walk-in closet and a double-sink ensuite, while the second bedroom also features its own walk-in closet. Need more room? The fully finished basement adds a large rec room and a 4th bedroom! Complete with an extended driveway, direct garage entry, top-rated schools, and instant access to the GO Train, transit, and highways.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- N14101688
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 19.69 × 109.91 ft
- Cross streets
- DUFFERIN/RUTHERFORD
- Parking
- 1 garage · 3 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,418 / 2025
- Listing brokerage
- MANORLEAD GROUP INC.
Listed at $899,000. Going by how homes in Patterson and the wider GTA have actually closed against their asking prices (about 99%, 28 local closings in 90 days), the likely sale price is near $889K, if it sells. A realistic range is $833K to $1.00M.
Independent value check: $941K. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $882K and $986K).
Total price vs nearby homes. Likely closing about $889K, from 28 recent closings in this pocket.
The market behind the math:
About 2 months of inventory: 19 townhouse homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $514/sqft against an area asking average of $620/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 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $988K. 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
- 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 3 homes sold on this street over the past two years, plus 2 nearby in Patterson, from 268 closings in Patterson.
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 $587/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Vaughan: $1.00M in September 2026, up 1% from a year ago, on 435 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 | $1.02M | 46 |
| November 2025 | $950K | 35 |
| December 2025 | $997K | 29 |
| January 2026 | $1.07M | 17 |
| February 2026 | $1.02M | 30 |
| March 2026 | $985K | 41 |
| April 2026 | $1.04M | 45 |
| May 2026 | $983K | 53 |
| June 2026 | $1.02M | 38 |
| July 2026 | $996K | 49 |
| August 2026 | $1.00M | 31 |
| September 2026 | $1.00M | 21 |
Neighbourhood & location
Concord, 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 21, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,977
- Property tax
- $368
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,345
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Estimated closing costs
- $14,455
Plus your down payment of $179,800. 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
- $238,595
- Principal paid down
- $87,873
- Interest paid
- $150,722
- Balance remaining
- $631,327
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 188 whole-home leases in Patterson signed at a median of $3,915 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,740. 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 MANORLEAD GROUP INC.. MLS®/PropTx.