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Listed 2 months ago

48 Ravel Drive

Patterson, Vaughan

$1,688,000

Detached|3-Storey
4 | 5 | 6
About this home

Zoned For Top-Ranked Schools: Thornhill Woods P.S.(149/3052)-10 Mins Walk & Stephen Lewis S.S.(65/747)-20 Mins Walk & St.Theresa(1/747)-10 Mins Drive. Located In One Of Vaughan's Most Desirable Communities Thornhill Woods. This Renovated 3-Storey Family Home Offers 4,017 Sqft Of Above-Grade Living Space+Finished Basement; 4+2 Spacious Bedrooms & Great Room on 3rd Floor. No Sidewalk! Premium Updates: New 2nd Flr Flooring(2026), Roof(2020), Roof Insulation(2023). Water Softener(2024), Countertops In 2nd Flr Bathrooms(2023) & Garage Dr(2017). Bright Open-Concept Layout Perfect For Modern Family Living. The Eat-In Kitchen Boasts S/S Appliances, White Painted Cabinetry & Breakfast Area W/O To Private Backyard. The Second Floor Features 4 Large Bedrooms, 3 With Direct Bathroom Access, Plus A Spacious Office Area. The Oversized Primary Bedroom Offers Double Walk-In Closets & An Ensuite Bathroom With Double Sinks. Professionally Finished Basement Includes A Wet Bar, Fireplace, 2 Bedrooms & A 4-Pc Bathroom, Providing Excellent Additional Living Space. 5-10 Mins Drive To Longos Plaza, Community Centres, Hillcrest Mall, Rutherford Go & Yummy Market, Walmart, 15 Mins Drive To Wonderland & Vaughan Mills.Steps To Parks, Trails, Transit, Plazas & All Amenities. A True Move-In Ready Home Offering Exceptional Space, Upgrades & Versatility - Must See!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style3-Storey
Approx. AgeNot available
Size3500-5000 sq. ft.
Property Tax$8,624
Lot Size35.99 ft x 108.27 ft
mls© NumberN13575002
Listed BySMART SOLD REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,640
Property tax
$719
Heat allowance
$150
Housing costs
$9,509 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $337,600
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$7,103 / mo
Cash down
$337,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Patterson
Detached · June – August 2026
Balanced

For detached listings, Patterson is currently balanced — neither buyers nor sellers hold a clear edge, so pricing and preparation matter most. Over June – August 2026, homes here typically sold in about 26 days and fetched 95% of the asking price. Buyer competition is holding steady versus the same months last year.

Demand
0.39
Avg days on market
26 d
Sale-to-list
95%
Price change (YoY)
-6.2%

Based on 70 sales

Market balance
Detached sales vs new listings in Vaughan · last 3 months

0.37

Buyer's market

Buyer'sSeller's
Days on market
Detached in Vaughan

41days

+8 days vs the same month last year

Average sold price
Detached in Vaughan · last 12 months

$1,573,547

-1.8% vs a year ago

Nearby listings

Comparable sales

  • No similar listings found.