Sold for:Sold Nov 22, 2024
$1,598,800

583 Velmar Drive

Vaughan (East Woodbridge), ON L4L 8H7

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 583 Velmar Drive, Vaughan, East Woodbridge

2024-11-14
2024-11-22
Sold
Price
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MLS#
n10423500

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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 583 Velmar Drive, Vaughan, East Woodbridge

Weston Downs prestigious and in demand location featuring aprox. 4000 sqft above grade plus aprox. 2000 sqft finished basement apartment for a total of aprox. 6000 sqft of luxury living space. This home has been renovated on main and second floors with new hardwood floors, smooth ceilings, pot lights. crown moldings, new custom kitchen with oversized central island, new bathrooms, primary bedroom features a dream 6 pc ensuit bath with sauna and huge walk-in closets with custom organizers, Circular oak stairs open to basement with iron pickets, smart and functional floor plan, steps to plaza, school, transit, park and more, minutes to 407 and 400 highways, close to subway and Vaughan mills mall.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,494
Land Transfer Tax Fee
$28,451

Rental Items

Rental Equipment
HWT

Basement Type
Finished, Separate Entrance

Interior Features

Laundry Level
Main Level
Interior Extras
Carpet Free, Bar Fridge, Built-In Oven, In-Law Capability, Sauna
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
59.12 ft
Lot Depth
137.94 ft
Lot Size
60.00 x 137.00 Feet
Lot Size Code
60.00 x 137.00 Feet

Inclusions

Inclusions
2022 roof, 2020 furnace, 2022 windows, 2 gas fireplaced, ample pot lights, plaster crown moldings, smooth ceilings, stone counter tops, custom cabinetry & closet organizers, b/i wall units, interlocking walkway and patio, direct entry to garage.

Exclusions

Exclusions
none

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
5
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Basement level, Laminate, Open Concept, Above Grade Window
  • Living Room5.55 x 3.65
    Ground level, Hardwood Floor, Crown Moulding, Pot Lights
  • Dining Room5.55 x 3.75
    Ground level, Hardwood Floor, Crown Moulding, Pot Lights
  • Kitchen7.55 x 5.55
    Ground level, Hardwood Floor, Crown Moulding, Pot Lights
  • Breakfast5.75 x 4.25
    Ground level, Hardwood Floor, Centre Island, W/O To Yard
  • Family Room4.55 x 3.75
    Ground level, Hardwood Floor, Gas Fireplace, B/I Shelves
  • Office5.65 x 5.50
    Ground level, Hardwood Floor, French Doors, B/I Bookcase
  • Primary Bedroom5.00 x 3.50
    Second level, Parquet, 6 Pc Ensuite, Walk-In Closet(s)
  • Bedroom 23.82 x 3.40
    Second level, Parquet, 2 Pc Ensuite, Large Closet
  • Bedroom 33.50 x 3.40
    Second level, Parquet, Large Closet, Overlooks Frontyard
  • Bedroom 4—
    Ground level, Parquet, Large Closet, Pot Lights
  • Recreation—
    Basement level, Laminate, Gas Fireplace, Above Grade Window

Washrooms

  • 6-piece, Second
  • 4-piece, Second
  • 3-piece, Basement
  • 2-piece, Ground
  • 2-piece, Second

Area
Vaughan
Municipality
Vaughan
Neighbourhood
East Woodbridge
Main cross streets
Weston Rd/Rutherford Rd
Zoning
Residential

MLS® number
N10423500
Data source
Toronto Regional Real Estate Board
Status change
2024-11-22
Listed on
2024-11-14
Days on market
8 days
Possession date
2025-02-28
Possession type
February 28, 2025
Co-op commission
2.5% of the PURCHASE PRICE + HST
Seller
Listed by
HOMELIFE/BAYVIEW REALTY INC.

Home Market Value

Current home valuation for 583 Velmar Drive, Vaughan, East Woodbridge, Vaughan, ON. Listed for $1,598,800

HOMEH Estimate

?

$1,860,888

Estimated Sales Range

?

$1,637,581 - $2,084,195

HOMEH Estimate for 583 Velmar Drive, Vaughan, East Woodbridge

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

$1,860,888High confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Minimum down payment

$319,760

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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=Total mortgage
$1,279,040$1,199,100$1,119,160$1,039,220
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Payment frequency
=Mortgage payment
$6,245monthly$5,855monthly$5,464monthly$5,074monthly
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Land Transfer Tax

Provincial

$28,451

Total Land Transfer Tax

$28,451

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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