$1,249,000

For sale

47 Velvet Crescent, Vaughan (East Woodbridge) - Single Family for Sale

47 Velvet Crescent, Vaughan (East Woodbridge), Ontario, L4L5E8

4 beds3 baths6 parking1,750 ft²36 × 120 ft (4,325 sq ft) lot sizeListed 25 days ago

Overview

This 4-bedroom, 3-bathroom home in Vaughan is for sale offering roughly 1,750 sq ft of space. Listed at $1,249,000, it is attractively priced about 21% below the $1,588,000 median asking price in Vaughan. It has been on the market 25 days, fresher than the Vaughan average of 80 days.

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Description

Welcome to 47 Velvet Crescent, this beautiful four-bedroom, three-bathroom, solid brick home has been owned by the same family since it was built in 1987. It has been well-maintained, but requires your personal touch to make it your forever home. Updates include a new roof in 2025 and windows and A/C were replaced in the last couple of years. The upstairs bedrooms are very generous with the main bedroom having an ensuite bath. The basement is unfinished, but has great in-law or teenager potential with tall ceilings and a separate walk-up entrance. Bring your family and your decorating ideas and make this your forever family home. Close to schools, public transportation Highway 7 and 400 for easy commute. (id:66096)

Property Details

MLS®: N13884636
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 36 × 120 ft (4,325 sq ft)
Frontage: 36 ft
Storeys: 2
Basement: Unfinished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 2.8 x 3.39 meters
Dining room: 2.8 x 3.3 meters
Family room: 3.19 x 4.96 meters
Kitchen: 3.5 x 4.99 meters

Second level

Primary Bedroom: 4.32 x 3.1 meters
Bedroom 2: 2.98 x 3.09 meters
Bedroom 3: 2.98 x 4.2 meters
Bedroom 4: 3.32 x 2.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Garage door opener remote(s)
Flooring: Hardwood
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Cul-de-sac, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Vaughan (East Woodbridge) listings, avg age

80d

Price / ft²

$714

List price

$1.25M

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 4-bed single family in Vaughan (East Woodbridge) has been listed for 25 days, which is 55 days fresher than the city average of 80. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · ELIZABETH LAPOINTE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4L)

This home lists at $1,249,000, about 11.4× the local median household income of $110,000.

Carrying it typically needs a household income of about $243,973 (20% down, 25-yr amortization, stress-tested) — roughly 122% above the area median.

Median household income: $110,000
Population: 55,426
Median age: 48
Owner / renter: 85% / 15%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4L)

$1,249,000· $714/ft²

For sale

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Full Cost Breakdown

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Down Payment8.00% · $99,900

Min 8.00%50%

Mortgage payment$6,371/mo

↳ CMHC premium ($45,964 capitalized)

Property tax (est.)$439/mo

Total monthly$6,810

Cash Needed to Close

Down payment (8.00%)$99,900

Land transfer tax$21,455

Est. closing costs$6,247

Total cash needed$127,602

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