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Listed 18 days ago

93 Velmar Drive

East Woodbridge, Vaughan

$1,650,000

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

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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nest zoom realty
(416) 276-9973
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$7,114
Lot Size59.47 ft x 124.95 ft
mls© NumberN13877110
Listed ByRE/MAX EXPERTS

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,445
Property tax
$593
Heat allowance
$150
Housing costs
$9,188 / mo

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

Down payment20% · $330,000
25-yr amortization

Income needed

$283,000

gross annual household income

Payment at 4%
$6,943 / mo
Cash down
$330,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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