Skip to content
Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
1 / 41
MLS® N14135378For SaleDetached

506 Vaughan Mills Rd

Islington Woods, Vaughan, Ontario L4H 1G9

1 / 41
506 Vaughan Mills Rd, Vaughan, photo 1
Asking$1,699,000
Bedrooms
4
Bathrooms
4
Size
3,000–3,500sq ft
Per sq ft
$523at the range’s middle
Lot
60.07 x 133 ft
Tax a year
$7,7082025 tax year
Parking
73 attached
Days on market
Members

The brief

About 506 Vaughan Mills Rd

506 Vaughan Mills Rd is a 4-bedroom, 4-bathroom detached house in Islington Woods, Vaughan, listed for sale at an asking price of $1,699,000 (MLS® N14135378).

Rarely Offered, Original Owners, Pride of Ownership! Detached Upgraded 4 Beds + 4 Baths with Coveted 3-Car Tandem Garage Situated on 60 x133 Ft. Lot in Prestigious Islington Woods! This Distinguished Family Home Features an Exceptional Opportunity to Enjoy Luxury Living in One of Vaughans' Most Prestigious & Desirable Communities. Surrounded by Mature Trees & Professional Landscaping, The Property Offers Endless Opportunities with both Interior & Exterior Entertaining. Thoughtfully Designed, this Dwelling Exudes a Functional, Practical Layout not Compromising Privacy or Space. Upper Floor Consists of a Primary Retreat Furnished with a Walk-In Closet & Ensuite Bath. Three Additional Bedrooms are Spacious & Bright with a Servicing Washroom. Main Floor Boasts Living & Dining Rooms, Mudroom with Entrance from Garages; Main Floor Laundry, Open Concept Living, Comfortable Family Room (with 2 Skylights & Gas Fireplace) extending from Renovated Kitchen with Centre Island & Custom Cabinetry. Walk-Out to Private Oversized Backyard Oasis: 5 Ft. Deep Saltwater Pool with Outdoor Covered Kitchen Area Including: BBQ; Pizza Oven, Cabana with 2-Pc Bath, Golf Putting Area. The Fully Finished Basement Enhances the Living Space with a Fully Equipped Second Kitchen, Open to Family/Living Space, Gas Fireplace, 3-Pc Bath, Separate Staircase Entrance from Garage & Mudroom, Creating an Inviting In-Law Suite.

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$3,894/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 31 detached homes with 4 bedrooms for lease in Vaughan right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,708 / 2025
MLS® number
N14135378
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
3000-3500 sqft
Lot Size
60.07 x 133 ft
Listed on
Parking
3 Attached, 7 Parking
Listing brokerage: CENTURY 21 PARKLAND LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Islington Woods
Municipality
Vaughan

Building

Size
3000-3500 sqft
Construction
Brick

Inside

Bedrooms
4
Bathrooms
4
Bathroom Details
1 × 5pc 2nd, 1 × 4pc 2nd, 1 × 3pc Bsmt, 1 × 2pc Main
Basement Type
Finished
Kitchens
2

Parking

Driveway
Pvt Double
Garage Type
Attached
Garage
3
Additional Parking
4
Total Parking
7

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
60.07 ft
Depth
133 ft
Lot Size
60.07 x 133 ft

Additional

Foundation
Concrete
Roof
Shingles
Fireplace
Yes
Pool
Inground
Den
Yes
Family room
Yes
Extras
Stainless Steel Kitchen Appliances: 2 Fridges, 2 Stoves , Microwave w/Hood Fan, 2 Dishwashers, Washer/Dryer, All Electrical Light Fixtures & All Window Treatments.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 506 Vaughan Mills Rd, Vaughan, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,699,000N/AFor SaleN14135378

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $339,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$339,800
Total mortgage amount
$1,359,200
Total interest payment
$966,400
Total purchase cost
$2,665,400
Mortgage payment
$7,752/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

60%

Monthly carrying cost

$8,394
−$3,894per month
  • Rent $4,500
  • Shortfall $3,894

Rental income opens at $4,500, the median asking rent of 31 comparable homes for lease in Vaughan. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$30,455
Total land transfer tax
$30,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$26,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,699,000
$25,980
Ontario total
$30,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
7,989 sq ft742 m²
Street frontage
60.07 ft18.3 m
Depth
133 ft40.5 m
60.07 × 133 ftVAUGHAN MILLS RD

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 4 on fileRead 2026-10-31
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest rail line: 780 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home1

  • Nearest rail line: 780 m780 m

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Woodbridge Foam Corp. — Kipling Plant, 2.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, QuaenetFi, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Detached homes for sale in Islington Woods right now

For sale now
24
Median asking price
$1.97M

Middle half: $1.6M to $2.72M

New in 7 days
5

9 in 28 days

Price cuts
33%

8 listings

This home is asking 14% below the median.

See all homes in Islington Woods

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Highway 7 / KiplingYRT bus rapid transit: Viva Orange3.5 km
Highway 7 / Martin GroveYRT bus rapid transit: Viva Orange3.5 km
Highway 7 / IslingtonYRT bus rapid transit: Viva Orange3.5 km
Wigwoss HelenYRT bus rapid transit: Viva Orange3.9 km
Highway 7 / Pine ValleyYRT bus rapid transit: Viva Orange4.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Contains public transit Information made available under YRT's Open Data Licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Elder's Mills Public SchoolYork Region DSBPublic · grades JK–8 · French Immersion900 m83%Grade 6 average
St Angela Merici Catholic Elementary SchoolYork CDSBCatholic · grades JK–81.1 km84%Grade 6 average
Our Lady of Fatima Catholic Elementary SchoolYork CDSBCatholic · grades JK–8 · French Immersion1.1 km75%Grade 6 average
École élémentaire La FontaineConseil scolaire ViamondeFrench-language public · grades JK–63.1 km91%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Emily Carr Secondary SchoolYork Region DSBPublic · grades 9–122 km63%Grade 9 math
ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–123.5 km57%Grade 9 math
Woodbridge CollegeYork Region DSBPublic · grades 9–12 · French Immersion3.9 km50%Grade 9 math
Father Bressani Catholic High SchoolYork CDSBCatholic · grades 9–12 · French Immersion4.1 km70%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Islington Woods are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record