Skip to main content
The Globe and Mail
Support Quality Journalism
The Globe and Mail
First Access to Latest
Investment News
Collection of curated
e-books and guides
Inform your decisions via
Globe Investor Tools
Just$1.99
per week
for first 24 weeks

Enjoy unlimited digital access
Enjoy Unlimited Digital Access
Get full access to globeandmail.com
Just $1.99 per week for the first 24 weeks
Just $1.99 per week for the first 24 weeks
var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o?"remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); }

Forest Hill Real Estate Inc.

421 Summeridge Dr., Vaughan, Ont.

Asking price: $1,329,000

Selling price: $1,318,000

Story continues below advertisement

Previous selling price: $438,153 (2005); $160,000 (2004)

Taxes: $6,347 (2019)

Days on the market: Six

Listing agent: Michael Steinman, Forest Hill Real Estate Inc.

The action

A couple of blocks west of Sugarbush Heritage Park and Highways 407 and 7, this four-bedroom home was posted for sale in August, which is usually one of the slower months for real estate transactions. Buyers could easily browse elsewhere – including a slightly smaller and less renovated version listed across the street through a discount brokerage – yet, it scored two offers six days later.

“The home across the street sold for approximately $1,120,000. This means the seller saved about $45,000 in commission. However, they also sold their home for $198,000 less than 421 Summeridge sold for,” agent Michael Steinman said.

“After making the necessary adjustments for size and upgrades, let’s say 421 Summeridge was worth $50,000 more. This still means while the seller across the street saved $45,000 in commission, they ended up losing $148,000 on the actual value of what the house should have sold for in the current market.”

Story continues below advertisement

What they got

The kitchen was recently remodelled.

Forest Hill Real Estate Inc.

Tucked within a roughly 15-year-old subdivision, this two-storey residence provides a mix of formal and casual gathering spots, as well as a built-in double garage and a south-facing yard on the 43-foot-by-86-foot lot.

Interior details are largely classic, such as a gas fireplace in a rear family room and hardwood floors, crown mouldings and pot lights in the open living and dining areas.

Conveniences include a recently remodelled, eat-in kitchen with access to a deck, a main-floor laundry room and five bathrooms.

The agent’s take

“This home was 2,550 square feet, and featured a stunning, renovated kitchen with Caesarstone counters,” Mr. Steinman said.

“It also featured a fully finished basement and three second-floor bathrooms.”

Your house is your most valuable asset. We have a weekly Real Estate newsletter to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

Report an error Editorial code of conduct

For sale in this area

View similar listings below. Clicking on the map will take you to the listings below.

Open this photo in gallery: Gallery photo 1
1780000.00
8 LEAMEADOW RD, Vaughan, Ontario
EVERLAND REALTY INC.
Bedrooms
6
Bathrooms
5
Building Type
Freehold
Property Type
Single Family
Stunning Builder's Model Home W/ Professionally Finished Basement W/5th Bedroom & Located In High Demand Thornhill Woods. Open Concept Layout Features Custom Kitchen, 9' Ceilings, 2nd Flr Lndry, Cornice Mldgs, Wainscotting, Coffered Ceilings W/Pot Lights, Mosaic Tile Entrance, Garage Access, Interlock Drive, Flagstone Porch, Extensive Landscaping & 3rd Storey Loft . Close To Schools, Parks, Community Center, Shopping, Highways And Public Transportation.**** EXTRAS **** S/S Appliances Incl. Fridge, Stove, B/I Dw, B/I Mw. Front Load Washer&Dryer, Cac, Humid, Cvac&Attchmnts, All Elf's, Wall Sconces, All Wdw Covgs, Roof&Front Door (2015). (id:31729)
Listing ID N4736117
Salesperson WILLIAM XIANGYANG WANG
Brokerage EVERLAND REALTY INC.
Open this photo in gallery: Gallery photo 1
1459000.00
55 BENTWOOD CRES, Vaughan, Ontario
SUTTON GROUP-ADMIRAL REALTY INC.
Bedrooms
4
Bathrooms
5
Building Type
Freehold
Property Type
Single Family
Appealing & Well Kept Thornhill Woods Residence On Desirable Premium Lot! Surrounded By Parks With Playgrounds, Schools, Community Centres, Rutherford Village Plaza, Transportation, Easy Access To Hwy 7 & 407! Thousands Of $$$ Invested In Reno Including Professionally Finished Bsmnt With Fireplace, B/I Wet Bar, Powder Rm, Lau Rm & Cold Rm. 2nd Fl Lau Rm Converted To W/I Closet With Organizers (Plumbing Still In Place) .**** No For Sale Sign On Property******** EXTRAS **** One Of The Few Premium Lots On Bentwood Cres, 86 Ft Wide At Rear With Rm For A Pool And Kids To Play. Over 2900 Sq. Ft.+ Finished Bsmnt. Extras: Window Coverings, Elfs, Fridge, Stove, B/I Dishwasher, Washer & Dryer. (Hwt Rental) (id:31729)
Listing ID N4764025
Salesperson MARIA RICUPERO WHITFELD
Brokerage SUTTON GROUP-ADMIRAL REALTY INC.
Open this photo in gallery: Gallery photo 1
1998800.00
212 THORNHILL WOODS DR, Vaughan, Ontario
FOREST HILL REAL ESTATE INC.
Bedrooms
4
Bathrooms
4
Building Type
Freehold
Property Type
Single Family
Quite Possibly The Best Backyard In Thornhill Woods. 217' Deep Ravine Pie-Shaped Lot. Swimming Pool, Hot Tub, And Kids Play Area With Artificial Turf And Rainbow Play Set, Cabana And Garden Shed, Thousands Spent On Outdoor Lighting And Speaker System, Fully Landscaped And Surrounded By Mature Trees, This Is Truly A Private Backyard Oasis! Huge Principal Rooms And Open Concept Perfect For Entertaining, Solid Mahogany Front Door And Pot Lights Throughout.**** EXTRAS **** S/S Fridge, Oven/Range, Dishwasher, And Microwave/Hood Fan. Washer And Dryer. All Pool Equipment, Chest Freezer In Garage, Chest Freezer And Two Fridges In Cabana, Fridge In Basement, All Elfs And Window Coverings, Central Vac W/ Atchmnts. (id:31729)
Listing ID N4763576
Salesperson MICHAEL SWITZER
Brokerage FOREST HILL REAL ESTATE INC.
Open this photo in gallery: Gallery photo 1
899900.00
26 GAUGUIN AVE, Vaughan, Ontario
SUTTON GROUP-ADMIRAL REALTY INC.
Bedrooms
3
Bathrooms
3
Building Type
Freehold
Property Type
Single Family
Prestigious Thornhill Woods, Build By Aspen Ridge, Well Maintained, Close To Hwy 7/407. High Rated Schools, Walking Distance To The North Thornhill Community Center, Library, Shopping, One Bus To York University & Subway Station. Great Investment,Good Tenant, On Month To Month Rent, Can Move Or Stay**** EXTRAS **** Fridge, Stove,B/I Dishwasher, Washer & Dryer, All Elfs, Gdo & Remotes, Furnace. Hot Water Tank Is Rented. Fully Interlocked Backyard And Front Yard (id:31729)
Listing ID N4759362
Salesperson NADIA PALVANOV
Brokerage SUTTON GROUP-ADMIRAL REALTY INC.
Open this photo in gallery: Gallery photo 1
1050000.00
342 THORNHILL WOODS DR, Vaughan, Ontario
HOMELIFE FRONTIER YC REALTY INC.
Bedrooms
5
Bathrooms
5
Building Type
Freehold
Property Type
Single Family
An Absolute 'Thornhill Woods' Master Piece In Every Way. This 4 Bed Room Home Has 2407 Sq.Ft Of Luxury. Huge Principle Rooms Boast 9Ft & 10Ft Smooth Ceilings Riddled In With Pot Lights And Built In's. Custom Stone Wall, Chef Style Kitchen Walks You Out To Professional Landscaping Patio/Yard. 3 Full Bathrooms + Laundry On 2nd Floor. Deep Lot Surrounded By Amenities And Appointed To T.Hill Woods P.S. Steps To Parks, Schools & Transportation. Hwy#7/407.**** EXTRAS **** All The Appliances, Electrical Light Fixtures, Window Coverings. (id:31729)
Listing ID N4766526
Salesperson YOON-HYUN CHOI
Brokerage HOMELIFE FRONTIER YC REALTY INC.
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff.

We aim to create a safe and valuable space for discussion and debate. That means:

  • Treat others as you wish to be treated
  • Criticize ideas, not people
  • Stay on topic
  • Avoid the use of toxic and offensive language
  • Flag bad behaviour

Comments that violate our community guidelines will be removed.

Read our community guidelines here

Discussion loading ...

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies