$1,650,000

For sale

93 Velmar Drive, Vaughan (East Woodbridge) - Single Family for Sale

93 Velmar Drive, Vaughan (East Woodbridge), Ontario, L4L8W4

6 beds3 baths9 parking1,750 ft²60 × 125 ft (7,438 sq ft) lot sizeListed 27 days ago

Overview

This 6-bedroom, 3-bathroom home in Vaughan is for sale offering roughly 1,750 sq ft of space. Its $1,650,000 asking price sits right in line with the $1,588,000 median in Vaughan. It has been on the market 27 days, fresher than the Vaughan average of 79 days.

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Description

Welcome To 93 Velmar Drive In The Highly Desirable Weston Downs Community! Original Owners Have Lovingly Maintained This Exceptional Home, Offering Approximately 2,000 Sq. Ft. Above Grade, Spacious 60' X 125' Lot, And An Incredible 3-Bedroom Walk-Out Basement Apartment & Separate Entrance. The Main Home Features 9-Ft Ceilings, A Bright & Spacious Layout, Generous Principal Rooms, And Excellent Natural Light. The Walk-Out Basement Is A Standout Feature, Offering 3 Additional Bedrooms, A Full Kitchen, High Ceilings & Its Own Laundry-Perfect For Extended Family, Multigenerational Living, Guests, Or Rental Potential. With Two Separate Laundry Rooms, The Home Provides Exceptional Flexibility For Large Or Growing Families. Enjoy The Convenience Of A Rare 3-Car Garage, Ample Parking, And A Large 60' X 125' Lot. Lovingly Cared For By The Original Owners, This Home Presents A Fantastic Opportunity To Move In, Enjoy, And Make It Your Own Over Time.Located In The Heart Of Weston Downs, Close To Parks, Schools, Shopping, Transit, Hwy 400/407 And All Amenities. A Rare Opportunity To Own A Spacious Family Home With A Separate Walk-Out Basement, 3-Car Garage Plus A Hoist For A Fourth Car & Outstanding Lot! (id:66096)

Property Details

MLS®: N13877110
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Parking: 9
Interior Size: 1,750 ft²
Lot Size: 60 × 125 ft (7,438 sq ft)
Frontage: 60 ft
Storeys: 1
Style: Raised bungalow
Basement: Finished, Apartment in basement, Separate entrance, Walk out, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.43 x 3.69 meters
Dining room: 3.51 x 3.69 meters
Kitchen: 2.75 x 3.2 meters
Eating area: 3.4 x 3.38 meters
Family room: 6.1 x 3.95 meters
Primary Bedroom: 3.88 x 5.57 meters
Bedroom 2: 3.6 x 2.6 meters
Bedroom 3: 2.99 x 3.48 meters

Lower level

Kitchen: 3.25 x 3.37 meters
Bedroom: 3.03 x 3.01 meters

Features

Appliances: Central Vacuum, Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Flooring: Laminate, Parquet, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Vaughan (East Woodbridge) listings, avg age

79d

Price / ft²

$943

List price

$1.65M

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 6-bed single family in Vaughan (East Woodbridge) has been listed for 27 days, which is 52 days fresher than the city average of 79. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · LOU RAKOVALIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4L)

This home lists at $1,650,000, about 15.0× the local median household income of $110,000.

Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 193% 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)

$1,650,000· $943/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $330,000

Min 20%50%

Mortgage payment$7,037/mo

Property tax (est.)$593/mo

Total monthly$7,630

Cash Needed to Close

Down payment (20%)$330,000

Land transfer tax$29,475

Est. closing costs$7,450

Total cash needed$366,925

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