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New5 days ago

388 Vellore Park Avenue

Vellore Village, Vaughan

$1,499,000

Detached|2-Storey
4 | 5 | 4
About this home

Welcome to 388 Vellore Park Avenue in Vaughan's sought-after Vellore Village community! Offering approximately 3,274 sq. ft. above grade, plus a 1298 sq.ft of finished basement, this spacious detached home provides room for everyday family life, entertaining and working from home. The main floor features separate living and family rooms, a cozy fireplace, a private office, and a generous kitchen with extensive cabinetry and a peninsula overlooking the dining area. A walkout leads to the rear patio and fenced backyard with a covered pavilion, perfect for outdoor gatherings. Upstairs, four generously sized bedrooms offer comfort and privacy. The expansive primary retreat features a walk-in closet and a five-piece ensuite with double sinks, a corner tub and a separate shower. A second bedroom enjoys its own four-piece ensuite and walk-in closet, while the third and fourth bedrooms share a convenient Jack-and-Jill bathroom. Upper-floor laundry and an open den complete this thoughtfully designed level. The finished basement features a separate side entrance, two bedrooms, a compact kitchen, living and dining areas, and a bathroom, offering added privacy and flexibility for extended family. An attached double garage adds everyday convenience. Enjoy a well-connected location close to schools, parks, restaurants and everyday shopping, with convenient access to Highway 400, Vaughan Mills and Cortellucci Vaughan Hospital-a welcoming place to call home!Photo disclosure: Some photographs have been digitally decluttered, virtually staged or enhanced using AI. Furnishings and décor shown may differ from the property's current presentation.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$7,597
Lot Size39.54 ft x 112.02 ft
mls© NumberN14100686
Listed ByRIGHT AT HOME REALTY

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%
$7,673
Property tax
$633
Heat allowance
$150
Housing costs
$8,456 / mo

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

Down payment20% · $299,800
25-yr amortization

Income needed

$260,000

gross annual household income

Payment at 4%
$6,308 / mo
Cash down
$299,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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