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.
4 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $667 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 506 Vaughan Mills Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
3000-3500 sq ftas stated on the listing
Parking
7 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
7
Interior
Basement
Finished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
506 Vaughan Mills Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13669220$1,999,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 506 Vaughan Mills Rd Compares to the Vaughan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,825
/mo
based on the purchase price of $1,999,999
$400,000 cash
$1,599,999 financed
$1,347,619 total interest
Principal54%$1,599,999
Interest46%$1,347,619
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Vaughan
Other 4–5 bed homes for sale in Vaughan around $2.0M.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings1,594Homes for sale here right now.
Median vs prior 90 days+5.1%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 1,165 sales from Jul 25 – Oct 23, 2026 (849 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 506 Vaughan Mills Rd
How much is 506 Vaughan Mills Rd listed for?
506 Vaughan Mills Rd is listed at $1,999,999 (MLS® N13669220). Summitly updates the price as soon as the MLS® record changes.
Is $1,999,999 a good price for 506 Vaughan Mills Rd?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Vaughan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 506 Vaughan Mills Rd changed?
No — 506 Vaughan Mills Rd is still listed at its original asking price of $1,999,999.
How many bedrooms and bathrooms does 506 Vaughan Mills Rd have?
506 Vaughan Mills Rd has 4 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in Vaughan.
How much would the monthly mortgage be on 506 Vaughan Mills Rd?
About $9,825 a month — principal and interest on $1,999,999 with 20% down ($400,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 506 Vaughan Mills Rd compare with other homes in Vaughan?
Its asking price of $1,999,999 is about 75% above the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,165 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 506 Vaughan Mills Rd been sold before?
Summitly has no earlier MLS® sale or lease of 506 Vaughan Mills Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 506 Vaughan Mills Rd?
506 Vaughan Mills Rd is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 506 Vaughan Mills Rd been on the market?
72 days — 506 Vaughan Mills Rd was listed on August 12, 2026.
What is the price per square foot of 506 Vaughan Mills Rd?
About $571 to $667 per square foot: the asking price of $1,999,999 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 506 Vaughan Mills Rd have parking or a garage?
Yes — the listing gives 7 parking spaces. Garage: Yes.
Does 506 Vaughan Mills Rd have a basement, and is it finished?
