110 Velmar Drive, Vaughan, ON
East Woodbridge, Vaughan · MLS® N13560554
About this home
In short
- Welcome to 110 Velmar Drive, a spacious executive home on a premium corner lot in the prestigious Weston Downs community.
- A grand double-door entry leads to soaring cathedral ceilings, a striking staircase, and 9-foot ceilings throughout the main floor.
- Offering approximately 4,034 sq. ft. above grade, this well-designed home features large principal rooms, a main floor den and laundry room, plus service stairs to...
- The oversized primary suite includes a sitting area, his-and-hers closets, and a luxurious 6-piece ensuite.
- Complete with a 3-car garage, wide interlocking driveway, and parking for 6 vehicles, this home is ideally located close to Highways 400 & 427, top-rated schools...
Welcome to 110 Velmar Drive, a spacious executive home on a premium corner lot in the prestigious Weston Downs community. A grand double-door entry leads to soaring cathedral ceilings, a striking staircase, and 9-foot ceilings throughout the main floor. Offering approximately 4,034 sq. ft. above grade, this well-designed home features large principal rooms, a main floor den and laundry room, plus service stairs to the expansive unfinished basement with excellent in-law suite potential.The family-sized kitchen showcases granite countertops, a centre island, and a walkout to a large deck overlooking the fully fenced backyard. The oversized primary suite includes a sitting area, his-and-hers closets, and a luxurious 6-piece ensuite. Every bedroom enjoys access to an ensuite bath, while dark-stained parquet flooring runs throughout the home.Complete with a 3-car garage, wide interlocking driveway, and parking for 6 vehicles, this home is ideally located close to Highways 400 & 427, top-rated schools, parks, transit, Vaughan Hospital, Vaughan Mills, The National Golf Club, Kortright Centre, and more. Updates include a newer fence (2019) and furnace, central air, and hot water tank (2020).
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13560554
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 71.93 × 125.79 ft
- Cross streets
- Weston Rd & Rutherford Rd
- Parking
- 3 garage · 9 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $9,440 / 2025
- Days on market
- 97
- Listing brokerage
- RE/MAX EXPERTS
Rooms
ceramic floor · family size kitchen · w/o to deck
parquet · semi ensuite · closet
parquet · semi ensuite · closet
parquet · combined w/dining · large window
ceramic floor · granite counters · centre island
parquet · combined w/living · open concept
parquet · walk-in closet(s) · 6 pc ensuite
parquet · semi ensuite · closet
parquet · fireplace
parquet · french doors
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price read
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $915/sqft; this home lists at $423/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
East Woodbridge, Vaughan, ON
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How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,439,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,958
- Property tax
- $787
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,744
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,455
- Estimated closing costs
- $32,455
Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $477,455
- Principal paid down
- $175,844
- Interest paid
- $301,611
- Balance remaining
- $1,263,356
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.