215 Canada Drive, Vaughan, ON

Vellore Village, Vaughan · MLS® N13731128

$1,075,000
For Sale
Listed 48 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Rare Freehold Townhouse in Vellore Village Like No Other! Separate Side Entrance to a Finished Basement Apartment perfect for rental income, an in-law suite, or...
  • 2 kitchens and 2 laundry rooms, including a beautifully renovated main kitchen with quartz counters & high-end appliances.Private Gated Parking - store your RV, Boat...
  • Enjoy 3+1 bedrooms, 4 bathrooms, 1 Garage, Smart Home System.
  • Minutes To Hwy 400, Vaughan Mills, The New Mackenzie Health Hospital, Wonderland, Walmart Plaza.
  • Close to Top Rated Schools

Rare Freehold Townhouse in Vellore Village Like No Other! **Separate Side Entrance to a Finished Basement Apartment** perfect for rental income, an in-law suite, or private guest space. 2 kitchens and 2 laundry rooms, including a beautifully renovated main kitchen with quartz counters & high-end appliances.**Private Gated Parking** - store your RV, Boat, or park an additional 2+ cars. This unique freehold townhouse is connected to its neighbor only by the garage, offering exceptional privacy. From inside the garage, walk straight to the backyard through a private exterior corridor between the two homes. Enjoy 3+1 bedrooms, 4 bathrooms, 1 Garage, Smart Home System. Minutes To Hwy 400, Vaughan Mills, The New Mackenzie Health Hospital, Wonderland, Walmart Plaza. Close to Top Rated Schools

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13731128
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
59.75 × 141.02 ft
Cross streets
Weston Rd & Major Mackenzie Dr
Parking
1 garage · 3 parking (attached)
Driveway
Private Double
Basement
Separate Entrance, Finished
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$5,095 / 2026
Days on market
48
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenBasement2.00 × 2.10 m

laminate · stainless steel coun · open concept

BreakfastMain4.87 × 3.35 m

combined w/kitchen · w/o to yard · open concept

Dining RoomMain5.12 × 3.35 m

hardwood floor · combined w/living

Bedroom 2Second3.85 × 3.05 m

hardwood floor · closet · large window

Primary BedroomSecond5.12 × 3.35 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

KitchenMain4.87 × 3.35 m

quartz counter · stainless steel appl · backsplash

Living RoomMain5.12 × 3.35 m

hardwood floor · combined w/dining

BedroomBasement3.70 × 3.60 m

laminate · window

RecreationBasement4.20 × 3.90 m

laminate · large closet

Bedroom 3Second2.80 × 3.05 m

hardwood floor · closet · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

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

Neighbourhood & location

Vellore Village, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Maple
$951K
Patterson
$1.15M
East Woodbridge
$989K
Elder Mills
$850K
Kleinburg
$1.05M

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

Affordability
$4,899/mo
$203KIncome needed
5.3×Price ÷ income
$1,131Weekly cost
$17,975Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $4,899Property tax $425Total carry $5,324

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,755per month

Mortgage amount $860,000 · 4.49% over 25 years

$215,000Down payment (20.0%)
$860,000Loan before insurance
$0CMHC premium
$5,180Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,755
Property tax
$425
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,180

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$17,975
Estimated closing costs
$17,975

Plus your down payment of $215,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,755/monthPayment at the qualifying rate

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

$566,526Total interest paid
$1,426,526Total of all payments
Principal $860,000 Interest $566,526
YearPrincipalInterestBalance
1$19,192$37,870$840,808
2$20,063$36,998$820,746
3$20,974$36,087$799,772
4$21,926$35,135$777,846
5$22,922$34,139$754,924
6$23,962$33,099$730,961
7$25,050$32,011$705,911
8$26,188$30,873$679,723
9$27,377$29,684$652,346
10$28,620$28,441$623,727
11$29,919$27,142$593,807
12$31,278$25,783$562,530
13$32,698$24,363$529,832
14$34,183$22,879$495,649
15$35,735$21,327$459,915
16$37,357$19,704$422,558
17$39,053$18,008$383,504
18$40,826$16,235$342,678
19$42,680$14,381$299,998
20$44,618$12,443$255,380
21$46,644$10,417$208,736
22$48,762$8,300$159,975
23$50,975$6,086$109,000
24$53,290$3,771$55,710
25$55,710$1,352$0

At the end of your 5-year term

Total paid over the term
$285,305
Principal paid down
$105,076
Interest paid
$180,229
Balance remaining
$754,924

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.

Let's connect

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

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
2.5%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

3.5%
Gross yield
− Property tax $5,095− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,147

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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