The city of Vaughan, tagged “The City Above Toronto”, provides many positive features, making Vaughan one of the most desirable places to live outside Toronto’s core. In 1999 when my husband & I got married, it made perfect sense to live in a condo in King West (Downtown Toronto). We enjoyed close commutes to work, great restaurants & fun night life. After a few years, our family started to grow with the birth of my first son. Weighing all the option, in 2002 we decided to move to Vellore Village, what seemed like a “convenient” area for us in Vaughan. We have been very happy in Vaughan, enjoying many benefits, including great schools, community centres, children’s programs, parks, Vaughan Mills Shopping Centre, a culturally diverse population, great neighbours, quick access to major highways & public transportation/Go Train. We are now excited about the upcoming subway extension & the new Vaughan Hospital which is under construction (across from Canada’s Wonderland).
For our family, being close to many friends & having quick access to surrounding cities like Toronto, Etobicoke, Mississauga, Brampton, Barrie & Richmond Hill are a huge bonus. Over the years we have made great friends & found favourite places in each of Vaughan’s distinct neighbourhoods (Woodbridge, Vellore Village, Sonoma Heights, Kleinburg, Weston Downs, Thornhill, Patterson, Beverly Glen & Maple).
Find Vaughan attractions: http://www.city.vaughan.on.ca/tourism/tourattraction.cfm
Housing prices in Vaughan, as of Dec.2014
(Reported by the Toronto Real Estate Board):
Townhome: average = $568,496
Semi-detached: average = $584,555
Detached home: average = $973,307
Vellore Village would be considered a reasonable “entry point” into Vaughan, with fair starting prices, a good mix of property types & ethnic demographics for families & couples, surrounded by many conveniences and affluent neighbourhoods, such as Kleinburg, Thornhill, and King City.
In 2008, we had outgrown our townhouse in Vellore Village, and decided to move into a larger detached home in a slightly older area of Vaughan, known as West Woodbridge. Property values have continued to rise in Vaughan at a rate of about 7%/year, which gave us the equity to up-size! We opted to buy an older home, which we will update over time, as we plan to stay here for a long time.
If you are considering moving to Vaughan, and wish to learn more about the area, feel free to contact me!
Tertia Ferdinandusz, Real Estate Broker, B.Com. Search Realty Corp
Direct: 416-737-4343 / firstname.lastname@example.org
Come to our Open House on Sunday, April 9th, 2012 — 2:00-4:00pm. Or call/email me to book an alternative viewing appointment. More details & pictures for this property can be viewed here: http://www.Obeo.com/715000
(note: re-posted from previous blog site – originally posted Oct.2011)… Please stay tuned for 2012 Spring Update…
“The pace of home sales remains brisk in October”… “The average selling price through TorontoMLS in October was $478,137 – up 8% compared to October 2010.” (TREB – MarketWatch, Oct.2011). Prices in the “905” area codes have seen greater price increases, 9% for detached homes, and 11% for Semi’s & Townhomes. Strong price growth throughout the GTA continues to be effected by low interest rates & low inventory.
Perfect examples are Richmond Hill & Thornhill. I have been working in these “hot neighbourhoods”, and there is no sign of a slow down here! Why are they so hot? Just look at the sales statistics in Richmond Hill, for example, where the average sale price for a townhome in October was $492,263, taking on average only 17 days to sell. Making up part of these stats are a couple properties I sold (on Ruby Crescent and Kimono Crescent in “Rouge Woods” – north/east of Bayview & Major Mackenzie):
–> 98 Ruby Cres – 3 Bedroom Townhome with 3 bathrooms, unfinished full basement, under 10 years old, maintained beautifully with some updates.Approx 1570 sf. This home sold for close to the asking price of $489k in less than a week.
–> 137 Kimono Cres – 3 Bedroom Townhome with 4 bathrooms & finished basement, approx 11 years old, 1500 sf, sold over the asking price of $479k in less than a week!
Hot neighbourhoods in York Region: Richmond Hill (includes Rouge Woods, Oak Ridges, Bayview North, Bayview Hill, Richvale), Vaughan (Thornhill, Sonoma Heights, Maple, Vellore, Kleinburg).
Feel free to contact me if you want more details about any of these neighbourhoods, or would like to know the current value of your home.