Carpet-Free Family Home with Income Suite in West Woodbridge

Property details for 8173 Martin Grove Road, Vaughan

Type: Residential
Bedrooms: 6
Bathrooms: 4
Lot Size: 49.2 x 121.4 FT
Stories: 2
Basement: Separate entrance, N/A
Parking: Attached Garage, Garage
Heating: Heat Pump, Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick
Ownership: Freehold
Annual Taxes: $5,926

Martin Grove and Langstaff is a quiet pocket of West Woodbridge, and this 2-storey brick house sits on a 49x121 foot lot with a fenced backyard. It's a 10-minute drive to Highway 407 and the Ontario Soccer Centre is just under 2 km away. You get 6 beds and 4 baths in roughly 2,675 sq ft above grade. The top floor gives you four bedrooms including a primary with its own ensuite. Downstairs is a completely separate 2-bedroom suite with its own kitchen and entrance. That's the big selling point here. Either rent it out for extra income or house extended family. Main floor has hardwood and parquet throughout. Family room has a fireplace and potlights. Kitchen has enough cabinets for a big family and there's a main-floor laundry room. Heating and cooling are covered by a Dave Lennox Signature Series heat pump system installed in 2023. That should keep utility bills low. The double garage fits two cars and the driveway holds another two. And there's no carpet anywhere. Taxes are $5,926 a year. Similar homes nearby are going for around $1.4 million, so $1,199,900 is decent for a place with this kind of rental potential.

About 8173 Martin Grove Road, Vaughan — Property Score

Great Location Hot Market Well Priced

Score: 71/100

Value

Priced 35.2% below area median of $1,849,000 based on 163 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

6 bedrooms - 2 more than similarly priced 4-bedroom homes nearby 84

4 bathrooms - typical for similarly priced properties 60

5,973 sqft lot - a standard lot for the area 65

Location

$69K median household income - near the Canadian average of $70K 64

70% of residents hold postsecondary credentials - a highly educated neighbourhood 80

80% homeownership rate - indicating a stable, owner-occupied community 86

53% of residents commute under 30 minutes - good commuting convenience 73

2,948/km² population density - a well-balanced suburban area 99

Market

Just listed - area average is 55 days on market 100

+51.4% median price change over 1 month - rising prices in the area 100

42.8 months of housing supply - 471 active listings with 11 sold last month (buyer's market) 40

Features

4-car garage - area average is 6.1 spots 95

Separate entrance, N/A basement 55

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

View - premium features that add significant value 60

Investment

0.49% effective tax rate ($5,926/yr) - very low tax burden 85

20% renter population - primarily owner-occupied area 54

Quality

Condition

Listing

50 photos provided - 28% more than the area average of 39 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.