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New3 hours ago

93 Velmar Drive

East Woodbridge, Vaughan

$1,549,900

Detached|Bungalow-Raised
3 | 3 | 9
About this home

Large Raised Bungalow With A 3 Car Garage In Highly Desirable Weston Downs. Offering Approximately 2,000 Sq. Ft. Above Grade, Spacious 60' X 125' Lot, And An Incredible 3-Bedroom Walk-Out Basement Apartment With Separate Entrance. The Main Floor 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, Large Windows & Its Own Laundry. Perfect For Extended Family, Multigenerational Living, Guests, Or Rental Potential. The Home Provides Exceptional Flexibility For Large Or Growing Families. Enjoy The Convenience Of A Rare 3-Car Garage Plus A Hoist For A Fourth, Ample Parking, Lovingly Cared For By The Original Owners, This Home Presents A Fantastic Opportunity To Move In, Enjoy, And Make It Your Own Over Time. Close To Parks, Schools, Shopping, Transit, Hwy 400/407 And All Amenities. A Rare Opportunity To Own A Spacious Family Home Outstanding Lot!

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,114
Lot Size59.47 ft x 124.95 ft
mls© NumberN14168146
Listed ByRE/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%
$7,933
Property tax
$593
Heat allowance
$150
Housing costs
$8,676 / mo

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

Down payment20% · $309,980
25-yr amortization

Income needed

$267,000

gross annual household income

Payment at 4%
$6,522 / mo
Cash down
$309,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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