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New50 minutes ago

306 Melville Avenue

Maple, Vaughan

$1,250,000

Detached|Bungalow
3 | 4 | 4
About this home

Rarely available bungalow nestled in the heart of Maple, offering a wonderful blend of comfort, functionality, and versatility. This well-maintained 3-bedroom home features approximately 1,740sf of thoughtfully designed living space, along with a finished basement complete with a second kitchen, bedroom, and 2-pc bathroom. Enjoy cozy wintry evenings by the gas fireplace in the family room. Situated in a highly desirable Maple neighbourhood, this home is conveniently located close to public transit, excellent schools, parks, scenic walking trails, Vaughan Mills, the hospital, banks, restaurants, grocery stores, Highway 400, and Canada's Wonderland. An excellent opportunity for those seeking a versatile property in one of Vaughan's most sought-after communities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
StyleBungalow
Approx. Age16-30
Size1500-2000 sq. ft.
Property Tax$6,129
Lot Size50.18 ft x 122.75 ft
mls© NumberN13639862
Listed ByRE/MAX ATRIUM HOME REALTY

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%
$6,398
Property tax
$511
Heat allowance
$150
Housing costs
$7,059 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $250,000
25-yr amortization

Income needed

$217,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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