289 Chatfield Drive, Vaughan

$1,690,000
289 Chatfield Drive

$1,690,000

Price Change
19d
Detached2-Storey

289 Chatfield Drive, Vaughan

Total Monthly Obligation $7,808

Beds
5
Baths
5
Park
2
Sqft
2500-3000
DOM
19d
Score
16
Yield
3.6%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-N13859476
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-41.01 × 104.99 ft
Listed on site-Oct 4, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,393 (2025)
Parking-4 - Built-In
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-CIREALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room, Family Room
Pool-None
Facing-South
Exterior-Stone, Brick Veneer
Roof-Metal
Foundation-Wood Frame
Sewer-Sewer
Possession-Flexible
Neighbourhood-Vellore Village
Title-Residential Freehold

No agent assigned

Elegantly designed 4+1 bedroom, 5-bathroom home ideally situated in the heart of prestigious Vellore Village, offering an exceptional combination of space, style and thoughtful upgrades throughout. An impressive 12-ft ceiling on the main level creates a grand sense of openness, complemented by hardwood flooring, elegant metal stair railings and custom light fixtures. The spacious kitchen features a convenient pantry and separate cleaning closet, while main-floor laundry adds everyday functionality. Upstairs, soaring ceiling heights continue with approximately 10-ft ceilings in select areas and 9-ft ceilings throughout the remainder. The generous bedroom layout includes a luxurious primary retreat with a 5-piece ensuite and huge walk-in closet, plus additional bedrooms offering walk-in closets and beautifully appointed 4-piece bathrooms. The partially finished basement provides additional living and recreation space with carpeting in the finished areas, plus a fifth bedroom. Major upgrades include a premium lifetime metal roof (2023, approx. $45,000), front and rear interlocking (2025), newer range hood (2026), owned furnace, HRV fresh-air system and air conditioning. Enjoy added convenience and security with a Ring doorbell, four exterior cameras, and monitored windows and doors. A beautifully upgraded family home with impressive ceiling heights, abundant space and valuable improvements, ideally situated in one of Vaughan's most sought-after communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,352,000
Land Transfer Taxes$30,275
Legal Fees (Est.)
$
Total cash required for closing$369,775

Total Monthly Obligation

$7,808/mo
Mortgage $6,817
Monthly Loss $6,014
Principal$1,794
Interest$5,023
Property Tax$616
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$60,840/yr
NOI
$42,863/yr
Net Cash Flow
-$3,245/mo
Cash Margin
-64.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
14.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 289 Chatfield Drive

Time

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