93 Velmar Drive, Vaughan

$1,650,000
93 Velmar Drive

$1,650,000

New
15d
DetachedBungalow-Raised

93 Velmar Drive, Vaughan

Total Monthly Obligation $7,623

Beds
6
Baths
3
Park
6
Sqft
1500-2000
DOM
15d
Yield
3.5%
Cash on Cash
-8.1%
Cap Rate
2.9%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-N13877110
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-59.47 × 124.95 ft
Listed on site-Oct 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$7,114 (2025)
Parking-9 - Built-In
Basement-Separate Entrance, Apartment, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East Woodbridge
Title-Residential Freehold

No agent assigned

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!

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Closing Costs

Mortgage Amount
$1,320,000
Land Transfer Taxes$29,475
Legal Fees (Est.)
$
Total cash required for closing$360,975

Total Monthly Obligation

$7,623/mo
Mortgage $6,656
Monthly Loss $5,872
Principal$1,751
Interest$4,904
Property Tax$593
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 93 Velmar Drive

Time

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