trreb/IMG-N11982232_1.jpg
1 day on Market

401 Kleinburg Summit Way, Vaughan, Ontario L4H 4T1

Townhouse
3
4
~2500-3000 sqft
$1,599,000
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Townhouse
3
4
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$586/sqft

Est. Mortgage$6,867/mo

Tax Amount (2024)$6,610/yr

Days On Market1 day


Description

Opportunities like this very rarely come to the market. Lucrative investment opportunity, location, & rare find! Welcome to this gorgeous live/work townhome in the prestigious community of Kleinburg. The residential portion of this property contains approximately $65,000 worth of high end upgrades and finishes throughout. Newly renovated in 2024, accent walls, new flooring, new stairs and pickets, fully upgraded and redesigned oasis like washroom, with new faucets/shower head, vanity, stand up shower, & exquisite finishes.. This property boasts approximately 2500Sqft in the residential portion, with a 600 square feet, self contained retail area W/P parking & extra storage space in the basement. features 10 foot ceilings on the main level, 9 foot ceilings on the 2nd level. You have a gourmet kitchen with granite countertop Island, which also walks out to a beautiful terrace! The master bedroom contains its own heavenly, 5 piece ensuite washroom with soaker tub, and also a Juliette balcony. This beautiful home comes fully furnished, making it convenient for you to turn-key and move in! Dont miss this one. **EXTRAS** The commercial portion is currently occupied to a AAA+ Tenant offering a 5+5 year lease term, generating $2,750 per month (YEAR 1) with a 4% yearly increase & pays 30% utilities , the tenant has spent thousands on leasehold improvements.


Property Details

Style3-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size2,260 SqFt(113 x 20)
Parking Spaces5
MLS ®NumberN11982232
Community NameKleinburg
Data SourceTRREB
Listing byCOLDWELL BANKER SUN REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Unfinished

2nd Floor

Great Rm

19.20 x 15.80

Hardwood Floor / Coffered Ceiling

Den

13.60 x 10.00

Hardwood Floor / Dropped Ceiling

Breakfast

10.20 x 15.70

W/O To Terrace / Breakfast Area / Breakfast Bar

Dining

10.20 x 15.70

W/O To Terrace


Features

Lot size: 2,260 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 4

Total parking spaces 5


Property History

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Listed
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1 day on market
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Listing by trreb®
Property listed by COLDWELL BANKER SUN REALTY, Brokerage

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Market Data - Kleinburg

Geo Zone Map ThumbnailKleinburg

Buyer's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2024

0 day

2023

22 days

2022

4 days

New Listings

Past 30 days

11 listings

Compared to

2024

0 listing

2023

5 listings

2022

3 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

2 units

2022

3 units

Median Sold Price

Past 30 days

$1,178,000

Compared to

2023

$1,025,000

2022

$1,412,000


Population and Demographics

Overview

Total population 18467
Average household income $212,010

Age (%)

0 to 19
29%
35 to 49
23%
20 to 34
19%
50 to 64
18%
65 and plus
10%

Household composition (%)

Single family
88%
Single person
9%
Multi family
2%
Multi person
2%

Mother tongue (%)

English
65%
Italian
9%
Punjabi (Panjabi)
4%
Mandarin
3%
Urdu
3%
Others
2%
Spanish
2%
Tamil
2%
Russian
2%
Arabic
1%

House tenancy (%)

Owners
92%
Renters
8%

Schools and amenities

Estimated Budget