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East Woodbridge, Vaughan
$1,799,000
Welcome to 110 Velmar Drive, a spacious executive home on a premium corner lot in the prestigious Weston Downs community. A grand double-door entry leads to soaring cathedral ceilings, a striking staircase, and 9-foot ceilings throughout the main floor. Offering approximately 4,034 sq. ft. above grade, this well-designed home features large principal rooms, a main floor den and laundry room, plus service stairs to the expansive unfinished basement with excellent in-law suite potential.The family-sized kitchen showcases granite countertops, a centre island, and a walkout to a large deck overlooking the fully fenced backyard. The oversized primary suite includes a sitting area, his-and-hers closets, and a luxurious 6-piece ensuite. Every bedroom enjoys access to an ensuite bath, while dark-stained parquet flooring runs throughout the home.Complete with a 3-car garage, wide interlocking driveway, and parking for 6 vehicles, this home is ideally located close to Highways 400 & 427, top-rated schools, parks, transit, Vaughan Hospital, Vaughan Mills, The National Golf Club, Kortright Centre, and more. Updates include a newer fence (2019) and furnace, central air, and hot water tank (2020).
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $9,440 |
| Lot Size | 71.93 ft x 125.79 ft |
| mls© Number | N13560554 |
| Listed By | RE/MAX EXPERTS |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,208
- Property tax
- $787
- Heat allowance
- $150
- Housing costs
- $10,145 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$312,000
gross annual household income
- Payment at 4%
- $7,570 / mo
- Cash down
- $359,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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