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Maple, Vaughan
$1,395,000
Welcome to 532 Melville Ave, a thoughtfully updated and meticulously maintained all-brick raised bungalow in one of Maple's most desirable neighbourhoods. With multiple updates completed throughout the years, this home offers exceptional functionality and versatile living for families and multi-generational needs.The main floor features soaring 9-foot ceilings, gleaming hardwood floors, fresh paint, and an open-concept layout. Spacious kitchen with granite countertops, centre island, and walkout to the deck overlooking the backyard. Three generous bedrooms, including a primary retreat with bow window, walk-in closet, and private ensuite.The fully finished lower level with 10-foot ceilings features a spacious family room with custom built-ins and fireplace, plus a soundproofed nanny/in-law suite with kitchen area, 3-piece bath, and additional bedroom. Ample storage and a garage with custom mezzanine add to the functionality. Enjoy a private, resort-style backyard featuring beautiful perennials, a gated, heated in-ground pool, and gazebo-perfect for entertaining family and friends. Ideally located across from Mackenzie Glen PS and minutes to Hwy 400, parks, Maple GO Station, and Cortellucci Vaughan Hospital. Major updates include: Roof Shingles (2015), Attic Insulation upgrade (2021), Furnace (2015), A/C (2021), Garage Doors (2018), Front Door (2017), Custom Garage Mezzanine Area (2019)
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 16-30 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,986 |
| Lot Size | 40.11 ft x 139.19 ft |
| mls© Number | N13751658 |
| Listed By | CENTURY 21 HERITAGE GROUP LTD. |
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%
- $7,140
- Property tax
- $499
- Heat allowance
- $150
- Housing costs
- $7,789 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$240,000
gross annual household income
- Payment at 4%
- $5,870 / mo
- Cash down
- $279,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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