40 Chateau Drive, Vaughan, ON

Vellore Village, Vaughan · MLS® N13778178

$1,599,900
For Sale
Listed 7 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Absolutely Stunning, Move-In Ready Sanctuary in Highly Sought-After Vellore Village.
  • Prepare to be captivated by this impeccably upgraded, freshly painted, and carpet-free 4-bedroom detached residence.
  • Radiating timeless elegance and architectural sophistication, this sun-drenched masterpiece offers over 3,157 sq. ft. of luxury above-grade living, effortlessly...
  • Defined by gleaming hardwood floors, ambient pot lights, custom .Gourmet Chef's Kitchen: Fully renovated with rich granite countertops, premium stainless steel...
  • Private Outdoor Oasis: Step outside into a backyard built for memorable entertaining, featuring full interlock stonework and a beautiful custom gazebo designed for...

Absolutely Stunning, Move-In Ready Sanctuary in Highly Sought-After Vellore Village!Prepare to be captivated by this impeccably upgraded, freshly painted, and carpet-free 4-bedroom detached residence. Radiating timeless elegance and architectural sophistication, this sun-drenched masterpiece offers over 3,157 sq. ft. of luxury above-grade living, effortlessly balancing grand entertaining spaces with cozy family comfort.Architectural Main-Level Grandeur: Featuring a dramatic family room that is open-to-above, flooding the main floor with incredible light and scale. Defined by gleaming hardwood floors, ambient pot lights, custom .Gourmet Chef's Kitchen: Fully renovated with rich granite countertops, premium stainless steel appliances, a center island for prep and casual seating, and custom cabinetry-flowing seamlessly into the breakfast area and soaring family room.Private Upper Luxury Suites: Four generously proportioned bedrooms, headlined by a primary retreat and a dedicated 2nd bedroom-both boasting private ensuite bathrooms and charming bay windows for ultimate luxury and convenience.Limitless Basement Potential: A massive, full-footprint unfinished lower level presents a blank canvas-ready for your personal vision to design a custom home theater, private fitness studio, executive office, or guest quarters.Private Outdoor Oasis: Step outside into a backyard built for memorable entertaining, featuring full interlock stonework and a beautiful custom gazebo designed for al-fresco dining and peaceful outdoor lounge evenings.Unmatched Location & Lifestyle: Situated on a quiet, family-oriented street within walking distance to top-rated schools and parks, and just minutes from the Vellore Village Community Centre, Cortellucci Vaughan Hospital, Vaughan Mills, Highway 400, and fine dining.Meticulously maintained and thoughtfully tailored-an extraordinary opportunity to secure an exceptional family home in one of Vaughan's premier neighbourhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13778178
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
50.2 × 78.74 ft
Cross streets
Weston Road and Rutherford road
Parking
2 garage · 4 parking (attached)
Driveway
Private Double
Basement
Full, Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Stone
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$7,217 / 2026
Days on market
7
Listing brokerage
RIGHT AT HOME REALTY

Rooms

DenMain4.22 × 3.40 m

hardwood floor · window

Family RoomMain4.23 × 4.09 m

hardwood floor · window floor to ceiling · gas fireplace

KitchenMain7.02 × 3.77 m

granite counters · centre island · custom backsplash

Living RoomMain6.77 × 3.77 m

combined w/dining · hardwood floor · large window

Dining RoomMain6.77 × 3.77 m

combined w/living · hardwood floor · large window

Bedroom 3Second4.51 × 3.78 m

hardwood floor · b/i closet · window

Primary BedroomSecond6.39 × 6.09 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

BedroomSecond4.52 × 3.68 m

hardwood floor · b/i closet · large window

Bedroom 2Second418.00 × 4.14 m

4 pc ensuite · bay window · large closet

Our TakeTeam Asgarian · Broker
A discount is typical here
$1.53Mlikely closing

Listed at $1,599,900 with no offer date. Homes here have been closing close to ask, so my read is $1.53M, typically $1.50M to $1.56M. Comparable closings on their own put this home around $1.54M, which supports the ask, so this is a firm read.

List price
$1.50MBelow recent closings$1.60MAbove recent closings

Total price vs nearby homes. Likely closing about $1.53M, from 41 recent closings in this pocket.

The market behind the math:

41sold nearby · 90 days
$1.34Mmedian sold price
96%of asking, on average
−9%prices vs a year ago
~30 dayshomes like this take to sell
7days on market so far
$5,000/moest. rent · 88 leases
3.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.1 months of inventory: 42 detached homes for sale in the area against 41 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 $492/sqft against an area asking average of $570/sqft. Size and $/sqft both feed the estimate above.

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 41 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.50M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Fossil Hill PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Based on 41 comparable homes that sold in Vellore Village over the past two years, from 436 closings there.

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.

Islington Woods
$2.00M
East Woodbridge
$1.56M
Maple
$1.36M
Sonoma Heights
$1.31M
Kleinburg
$3.19M

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Fossil Hill PS
85%
Fossil Hill PSPublic · Elementary · JK-8 · 0.3 km awayHigher-rated than most nearby · 85% meet the provincial standard
St. Jean De BrebeufEQAO results not published
Also nearby: 11 more schools within 2.5 km
St Jean de Brebeuf Catholic High School · Catholic secondary0.7 km · 71% at standard
St Agnes of Assisi Catholic Elementary School · Catholic elementary0.7 km · 88% at standard
Pierre Berton Public School · Public elementary0.8 km · 80% at standard
St Michael the Archangel Catholic Elementary School · Catholic elementary0.8 km · 82% at standard
Vellore Woods Public School · Public elementary1.0 km · 75% at standard
St Emily Catholic Elementary School · Catholic elementary1.4 km · 80% at standard
Guardian Angels · Catholic elementary1.5 km · 80% at standard
Johnny Lombardi Public School · Public elementary1.9 km · 84% at standard
St Clare Catholic Elementary School · Catholic elementary2.0 km · 70% at standard
St Mary of the Angels Catholic Elementary School · Catholic elementary2.3 km · 86% at standard
St Luke Learning Centre · Catholic secondary2.5 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,292/mo
$300KIncome needed
5.3×Price ÷ income
$1,683Weekly cost
$28,473Land 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 $7,292Property tax $601Total carry $7,893

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,006per month

Mortgage amount $1,279,920 · 4.39% over 25 years

$319,980Down payment (20.0%)
$1,279,920Loan before insurance
$0CMHC premium
$7,607Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,006
Property tax
$601
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,607

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

One-time closing costs

Ontario land transfer tax
$28,473
Estimated closing costs
$28,473

Plus your down payment of $319,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$8,488/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

$821,866Total interest paid
$2,101,786Total of all payments
Principal $1,279,920 Interest $821,866
YearPrincipalInterestBalance
1$28,963$55,108$1,250,957
2$30,248$53,823$1,220,709
3$31,591$52,481$1,189,118
4$32,993$51,078$1,156,125
5$34,457$49,614$1,121,667
6$35,987$48,085$1,085,681
7$37,584$46,488$1,048,097
8$39,252$44,820$1,008,845
9$40,994$43,078$967,852
10$42,813$41,258$925,038
11$44,713$39,358$880,325
12$46,698$37,374$833,627
13$48,770$35,301$784,857
14$50,935$33,137$733,922
15$53,195$30,876$680,727
16$55,556$28,515$625,171
17$58,022$26,049$567,149
18$60,597$23,474$506,552
19$63,286$20,785$443,265
20$66,095$17,976$377,170
21$69,029$15,043$308,141
22$72,092$11,979$236,049
23$75,292$8,780$160,757
24$78,633$5,438$82,123
25$82,123$1,948$0

At the end of your 5-year term

Total paid over the term
$420,357
Principal paid down
$158,253
Interest paid
$262,104
Balance remaining
$1,121,667

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 88 whole-home leases in Vellore Village$5,000/mo
$60,000Gross annual rent
2.8%Cap rate after taxes and upkeep
$4,632 to $5,350Typical rent range
~23 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 88 whole-home leases in Vellore Village signed at a median of $4,811 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,000. 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.

3.8%
Gross yield
− Property tax $7,217− Insurance $1,400− Vacancy & upkeep $6,600Net operating income $44,783

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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