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Vaughan

Why you'd want to live in Vaughan

Vaughan is well known for its slogan “The City Above Toronto”. Indeed its southern border Steeles Avenue, is also the north boundary for the City of Toronto. Very competitive commercial and industrial tax rates, and excellent transportation corridors, have helped Vaughan attract a large manufacturing and industrial base. This has created jobs which in turn has helped attract many new residents to this city. Vaughan is the only municipality in York Region that has City status. Vaughan has a population of approximately 297,000 residents and growing. The four main population centres in Vaughan are:Kleinburg, Maple, Thornhill and Woodbridge. Tourists and visitors from across the Greater Toronto Area, come to Vaughan, to view the McMichael Canadian Art Collection in Kleinburg, for the shopping at Vaughan Mills or to spend the day at Canada’s Wonderland. The Vaughan Metropolitan Centre which is the early stages of construction consists of a 100 acre parcel of land bound by Hwy. 400 on the west, Jane St. to the east, Portage Pkwy. on the north and Hwy. 7 to the south. This master planned community is one of the biggest mixed commercial-residential projects in Canada. The vision is for Vaughan Metropolitan Centre to have a downtown core feel with high density urban living featuring high-rise condos and townhomes together with entertainment venues, a hotel, parks and easy access to public transit. via torontoneighbourhoods.net

Vaughan Market Report

$1,400,218

AVERAGE PRICE OF 1,901 HOMES

$1,946,897

AVERAGE PRICE OF 1,057 MULTI-MILLION DOLLAR HOMES

$3,472,293

AVERAGE PRICE OF 121 HOMES WITH A POOL

$1,015,964

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $1,400,218
Avg Bedrooms 3.09 beds
Avg Bathrooms 3.41 baths

Average Price by Bedrooms

1 bedroom $551,564
2 bedrooms $742,791
3 bedrooms $1,144,565
4 bedrooms $1,750,426
5 bedrooms $2,861,005
Vaughan Home Price Trends
  7/2020 6/2020 5/2020 4/2020 3/2020
Total Listings 1,829 1,596 1,233 1,159 1,148
Average Price $1,380,918 $1,413,982 $1,497,143 $1,565,840 $1,612,355
Avg Price Change -2.39% -5.88% -4.59% -2.97% +0.02%
Median Price $1,110,981 $1,152,752 $1,178,273 $1,221,739 $1,255,606
Med Price Change -3.76% -2.21% -3.69% -2.77% -1.65%
Avg Bedrooms 3.09 beds 3.1 beds 3.14 beds 3.21 beds 3.32 beds
Avg Bathrooms 3.41 baths 3.47 baths 3.53 baths 3.6 baths 3.72 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,901 $1,400,218 33 days
Multi-Million Dollar Homes 1,057 $1,946,897 38 days
Homes with a Pool 121 $3,472,293 55 days
Reduced Price Homes 56 $1,015,964 34 days
HomeLife | Miracle Realty Ltd.
Kuldeep Chahal
5010 Steeles Ave W #11A
Toronto, ON M9V 5C6
416-258-5536

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2020 Last Updated August 9, 2020
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