724 Vaughan Rd is a 3-bedroom, 1-bathroom detached home in Toronto, listed for $850,000. It has 1500-2000 sq ft of living space.
1Welcome to 724 Vaughan Rd in midtown Toronto.
2A unique opportunity.
3With a main floor, upper floor and basement you have the flexibility to create a comfortable family home, a live work set up or convert to multiple units (zoned RA*777).
Welcome to 724 Vaughan Rd in midtown Toronto. A unique opportunity. Currently offering single family residence with potential for multiple units all in one property. With a main floor, upper floor and basement you have the flexibility to create a comfortable family home, a live work set up or convert to multiple units (zoned RA*777). Whether you are an end user, entrepreneur or investor, this property offers space, flexibility, and opportunity in one of Toronto's established communities. Where your vision can become your next great investment.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $567 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 724 Vaughan Rd
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
4 spaces
Basement
Full
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
724 Vaughan Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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
$4,176
/mo
based on the purchase price of $850,000
$170,000 cash
$680,000 financed
$572,738 total interest
Principal54%$680,000
Interest46%$572,738
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 PropTx 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 PropTx 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.
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Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $850K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.0%On average, homes sold at or above asking.
Active listings12,394Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,655 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
724 Vaughan Rd is listed at $850,000 (MLS® C13692264). Summitly updates the price as soon as the MLS® record changes.
Is $850,000 a good price for 724 Vaughan Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. 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 724 Vaughan Rd changed?
Yes — it was first listed at $998,000 and is now $850,000, a drop of $148,000 (14.8%).
How many bedrooms and bathrooms does 724 Vaughan Rd have?
724 Vaughan Rd has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.
Is 724 Vaughan Rd close to transit?
The nearest rapid-transit station is Fairbank Station (Line 5), about 420 m (about a 5-minute walk) in a straight line. Oakwood Station is about 420 m (about a 5-minute walk), and Cedarvale Station is about 950 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 724 Vaughan Rd?
About $4,176 a month — principal and interest on $850,000 with 20% down ($170,000), 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 724 Vaughan Rd compare with other homes in Toronto?
Its asking price of $850,000 is about the same as the median sold price in Toronto over the last 90 days, $849,000, across 9,655 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 724 Vaughan Rd been sold before?
Summitly has no earlier MLS® sale or lease of 724 Vaughan Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 724 Vaughan Rd?
724 Vaughan Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 724 Vaughan Rd been on the market?
50 days — 724 Vaughan Rd was listed on August 19, 2026.
What is the price per square foot of 724 Vaughan Rd?
About $425 to $567 per square foot: the asking price of $850,000 over the 1,500–2,000 sq ft the listing gives as its size range.
