Listed for:Listed 14 days ago
Price on Request

3979 Teston Road

Vaughan (Vellore Village), ON L4L 8L2

Vacant Land For Sale
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Sale & Price History for 3979 Teston Road, Vaughan, Vellore Village

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 3979 Teston Road, Vaughan, Vellore Village

Summarized Description

  • Strategic location on south side of Teston Road
  • Designated for low density residential development
  • Exceptional opportunity for residential projects
  • Minutes from Highway 400 for easy access
  • Surrounded by established developers and amenities
  • Close to diverse retail options
  • Approved area policies enhance development potential

Strategically positioned on the south side of Teston Road, west of Weston Road, the Property is located within the Block 40/47 Special Policy Area, implemented by the City of Vaughan (2020). The Block 40/47 Area Specific Policies were approved by the Local Planning Appeal Tribunal on June 19, 2020, redesignating the Property and its surrounding areas to "Low Density Residential" and "Valley Lands". The "Low Density Residential" designation permits a variety of low-rise housing types, including single-family homes, semi-detached homes, traditional townhouses, and street townhouses. Surrounded by established developers and ongoing residential developments, the Property benefits from its prime location just minutes from Highway 400 and in close proximity to a diverse range of retail amenities, offering an exceptional opportunity for residential development.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$12,000

Interior Features

Fireplace/Stove
No
Elevator
No

Building

Building Type
Vacant Land

Construction

Special Designation
Other

Lot

Lot Front
393.70 ft
Lot Depth
1271.95 ft

Heating & Cooling

Water
Municipal
Sewers
Other
Natural Gas
No
Hydro
No
Cable
No
Telephone
No

Municipality
Vaughan
Neighbourhood
Vellore Village
Main cross streets
Teston Road/Weston Road
Zoning
FD - Future Development Zone
Directions
The property is located within the Block 40/47 Special Policy Area, on the south side of Teston Road, west of Weston Road.
Waterfront
None

MLS® number
N13851754
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-01
Updated on
2026-10-01
Days on market
14 days
Possession type
Other
Co-op commission
0.75
Seller
Listed by
LENNARD COMMERCIAL REALTY

Home Market Value

Current home valuation for 3979 Teston Road, Vaughan, Vellore Village, Vaughan, ON. Listed for Price on Request

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 3979 Teston Road, Vaughan, Vellore Village

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Vaughan, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$25,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,000$13,950$11,900$0
=Total mortgage
$494,000$463,950$436,900$400,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,412monthly$2,265monthly$2,133monthly$1,953monthly
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Land Transfer Tax

Provincial

$6,475

Total Land Transfer Tax

$6,475

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