37 Poetry Drive, Vaughan, ON

Vellore Village, Vaughan · MLS® N13770778

$1,089,000
For Sale
Listed 35 days agoNo offer date stated
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3+1Bedrooms
4Bathrooms
1Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome to this exceptional executive townhome with more than 2500 sq ft of living space, perfectly situated in the sought-after Cold Creek Estates neighborhood.
  • The main level offers a spacious living area, complemented by hardwood flooring, smooth ceilings, and beautifully landscaped surroundings.
  • The fully finished basement adds even more living space with an additional bedroom, recreational area, washroom, and ample storage-ideal for guests, teenagers, a home...
  • Enjoy outdoor living from morning to evening with spaces designed to capture the sunrise from the east-facing backyard and the sunset from the front porch and...
  • A long driveway with no sidewalk, accommodates up to three vehicles in addition to the garage, providing exceptional parking convenience.

Welcome to this exceptional executive townhome with more than 2500 sq ft of living space, perfectly situated in the sought-after Cold Creek Estates neighborhood. Thoughtfully designed with an ideal layout and turnkey condition, this home offers an impressive blend of style, comfort, and functionality. spectacular family room features 18.5-ft open-to-above ceilings, creating a grand and airy atmosphere, while the walkout leads to an oversized deck-perfect for entertaining or relaxing outdoors with minimal maintenance. The main level offers a spacious living area, complemented by hardwood flooring, smooth ceilings, and beautifully landscaped surroundings. The elegant primary bedroom offers generous space and a luxurious ensuite, while the top floor features two additional bedrooms with a dedicated washroom, providing excellent privacy for family members or guests. The fully finished basement adds even more living space with an additional bedroom, recreational area, washroom, and ample storage-ideal for guests, teenagers, a home office, or extended family. Enjoy outdoor living from morning to evening with spaces designed to capture the sunrise from the east-facing backyard and the sunset from the front porch and landscaped yard. The private rear outdoor area features an enclosed space with a canopy, creating a comfortable and secluded setting for BBQs and entertaining. A long driveway with no sidewalk, accommodates up to three vehicles in addition to the garage, providing exceptional parking convenience. Located in a highly desirable school zone, with excellent elementary, high school, and Catholic school options all within minutes by foot. Enjoy quick and convenient access to public transit while coming home to a peaceful, quiet, and family-friendly neighborhood. A rare opportunity offering space, privacy, exceptional outdoor living, great schools, and an unbeatable layout. This one truly has it all-don't miss your chance to make it home!

Key facts

Property type
Townhouse, 3-Storey
MLS®
N13770778
Bedrooms
3+1 (4 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
19.67 × 106.56 ft
Cross streets
Major Mackenzie & Weston
Parking
1 garage · 4 parking (built-in)
Driveway
Available
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Veneer
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,653 / 2026
Days on market
35
Listing brokerage
AKARAT GROUP INC.

Rooms

Bedroom 3Third3.59 × 2.70 m

hardwood floor · closet

Primary BedroomSecond5.45 × 3.43 m

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

Dining RoomGround2.50 × 3.43 m

large window · tile floor · california shutters

Bedroom 2Third3.90 × 3.43 m

hardwood floor · large window · closet

Living RoomGround6.02 × 3.53 m

hardwood floor · large window

LaundrySecond1.92 × 2.29 m

Tile Floor

KitchenGround3.17 × 3.43 m

tile floor · stainless steel appl · quartz counter

RecreationBasement4.55 × 5.11 m

laminate · walk-in closet(s) · 3 pc bath

BedroomBasement3.30 × 3.16 m

Laminate

Family RoomSecond3.42 × 5.66 m

hardwood floor · cathedral ceiling(s) · balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.06Mlikely sale price

Listed at $1,089,000. Going by how homes in Vellore Village and the wider GTA have actually closed against their asking prices (about 97%, 19 local closings in 90 days), the likely sale price is near $1.06M, if it sells. A realistic range is $994K to $1.20M.

Independent value check: $992K. Without looking at the asking price, our model values the home itself about 9% below the ask (homes like it typically land between $930K and $1.04M).

Why $992K. The typical townhouse sold in Vellore Village over the past year went for about $993K (108 sales). What sets this one apart:

  • ▲ Raises it slightlyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
List price
$994KBelow recent closings$1.20MAbove recent closings

Total price vs nearby homes. Likely closing about $1.06M, from 19 recent closings in this pocket.

The market behind the math:

19sold nearby · 90 days
$990Kmedian sold price
96%of asking, on average
−6%prices vs a year ago
~18 dayshomes like this take to sell
35days on market so far
$4,304/moest. rent · 5 leases
4.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 13 townhouse homes for sale in the area against 19 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $484/sqft against an area asking average of $534/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 19 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $945K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($484/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 5 homes sold on this street over the past two years, from 235 closings in Vellore Village.

What sellers nearby are askingCurrently listed nearby in Vellore Village · asking prices
$1.05Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $465/sqft; this home lists at $484/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.09MThis home1.04M1.30M799kThis home vs active comparables

Sold price trend

Median sold price for townhouses in Vellore Village: $1.05M in September 2026, up 3% from a year ago, on 108 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$973K12
November 2025$935K8
December 2025$1.00M8
January 2026$1.07M5
February 2026$1.05M5
March 2026$1.05M10
April 2026$1.04M12
May 2026$955K15
June 2026$981K10
July 2026$980K10
August 2026$977K6
September 2026$1.05M7

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
East Woodbridge
$989K
Elder Mills
$850K
Kleinburg
$1.06M
Patterson
$1.15M

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
$4,963/mo
$204KIncome needed
5.3×Price ÷ income
$1,145Weekly cost
$18,255Land 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.

93%mortgage
Mortgage $4,963Property tax $388Total carry $5,351

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,817per month

Mortgage amount $871,200 · 4.49% over 25 years

$217,800Down payment (20.0%)
$871,200Loan before insurance
$0CMHC premium
$5,205Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,817
Property tax
$388
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,205

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

One-time closing costs

Ontario land transfer tax
$18,255
Estimated closing costs
$18,255

Plus your down payment of $217,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,830/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

$573,904Total interest paid
$1,445,104Total of all payments
Principal $871,200 Interest $573,904
YearPrincipalInterestBalance
1$19,441$38,363$851,759
2$20,324$37,480$831,434
3$21,247$36,557$810,187
4$22,212$35,592$787,976
5$23,220$34,584$764,755
6$24,274$33,530$740,481
7$25,377$32,428$715,104
8$26,529$31,275$688,575
9$27,733$30,071$660,842
10$28,993$28,812$631,850
11$30,309$27,495$601,541
12$31,685$26,119$569,856
13$33,124$24,680$536,732
14$34,628$23,177$502,104
15$36,200$21,604$465,904
16$37,844$19,961$428,061
17$39,562$18,242$388,499
18$41,358$16,446$347,141
19$43,236$14,568$303,905
20$45,199$12,605$258,706
21$47,251$10,553$211,455
22$49,397$8,408$162,058
23$51,639$6,165$110,419
24$53,984$3,820$56,435
25$56,435$1,369$0

At the end of your 5-year term

Total paid over the term
$289,021
Principal paid down
$106,445
Interest paid
$182,576
Balance remaining
$764,755

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
From 5 whole-home leases in Vellore Village$4,304/mo
$51,648Gross annual rent
3.7%Cap rate after taxes and upkeep
$3,788 to $4,821Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Vellore Village signed at a median of $3,801 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,304. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.7%
Gross yield
− Property tax $4,653− Insurance $1,400− Vacancy & upkeep $5,681Net operating income $39,914

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AKARAT GROUP INC.. MLS®/PropTx.

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