488 Royalpark Way
Vaughan (Elder Mills), ON L4H 1K4
- 4Bedrooms
- 4Bathrooms
- 2Garage
- 2000–2500Sq Ft
- $5,341Tax
- 43×106 ftLot Size
Estimated Value:$1,357,600See Free Estimate Report
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About 488 Royalpark Way, Vaughan, Elder Mills
Discover this hidden gem in Vaughan's sought-after neighbourhood of Elder Mills, Vaughan. 488 Royalpark Way is a beautifully updated 4-bedroom brick home backing onto a peaceful ravine for ultimate privacy and scenic views. Lovingly maintained, it features a custom stone facade, interlock landscaping, and smart-controlled soffit lighting. Inside, enjoy a bright modern layout with smooth ceilings, engineered hardwood, and a renovated kitchen with stainless steel appliances (2 yrs old) and a walkout to the backyard-perfect for entertaining. The family room includes a cozy gas fireplace and a west-facing balcony for sunset views. Stylishly updated bathrooms and a spacious primary suite with a 5-piece ensuite elevate the comfort. Upgrades include triple-glazed windows (6 yrs old), new front door, frosted glass partitions, hot tub (5 yrs old), gas BBQ hookup, and electric car charger. The finished basement offers a cantina, 3-piece bath, and garage access. A move-in-ready home in one of Vaughan's most desirable neighbourhoods. A place you will be proud to call home!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,341
- Land Transfer Tax Fee
- $30,075
Rental Items
- Rental Equipment
- Furnace, Air Conditioner under contract, HWT
- Basement Type
- Finished
Interior Features
- Interior Extras
- Auto Garage Door Remote, Central Vacuum
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 42.65 ft
- Lot Depth
- 106.23 ft
- Lot Size
- 4487
- Lot Shape
- Irregular
Inclusions
- Inclusions
- 4 Wall mounted Tv's located in main kitchen, family rm, bsmnt, primary bedrm, and in garage.Stainless Steel refrigerator, Frigidaire Stove, Bosch dishwasher, Hoodfan, microwave, Second floor custom storage cabinet, Basement refrigerator. Roger's camera and monitor (no fee) at front and back of property, Garage door opener with 2 remotes.
Exclusions
- Exclusions
- Basement freezer, Security Ring cameras at front and back t, v in Bedrm 3
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Family Room—Main level, Hardwood Floor, Gas Fireplace, W/O To Balcony
- Living Room—Main level, Hardwood Floor, Overlooks Dining
- Kitchen—Main level, Hardwood Floor, Overlooks Ravine, Renovated
- Kitchen—Main level, Eat-in Kitchen, Sliding Doors
- Dining Room—Main level, Hardwood Floor, Overlooks Living
- Primary Bedroom—Second level, Hardwood Floor, 5 Pc Ensuite, Walk-In Closet(s)
- Bedroom 2—Second level, Hardwood Floor, Double Closet, Casement Windows
- Bedroom 3—Second level, Hardwood Floor, Casement Windows, Closet
- Bedroom 4—Second level, Hardwood Floor, Closet, Casement Windows
- Recreation—Basement level, Electric Fireplace, Laminate, Access To Garage
- Den—Basement level, Combined w/Rec, Laminate
Washrooms
- 5-piece, Second
- 3-piece, Second
- 2-piece, In Between
- 3-piece, Basement
- Municipality
- Vaughan
- Neighbourhood
- Elder Mills
- Main cross streets
- HWY27 AND ROYALPARK WAY
- Directions
- HWY 27 & ROYALPARK WAY
- MLS® number
- N12566608
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-04
- Listed on
- 2025-11-21
- Days on market
- 13 days
- Possession date
- 2026-01-06
- Possession type
- 60-89 days
- Co-op commission
- 2.5
- Seller
- Listed by
- RIGHT AT HOME REALTY
Home Market Value
Current home valuation for 488 Royalpark Way, Vaughan, Elder Mills, Vaughan, ON. Listed for $1,680,000
HOMEH Estimate
$1,357,600
Estimated Sales Range
$1,072,504 - $1,656,480
HOMEH Estimate for 488 Royalpark Way, Vaughan, Elder Mills
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$336,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,344,000 | $1,260,000 | $1,176,000 | $1,092,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,562monthly | $6,152monthly | $5,742monthly | $5,332monthly |
Land Transfer Tax
$30,075
$30,075
Around this home
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