382 Melville Avenue, Vaughan, ON
Maple, Vaughan · MLS® N13788910
About this home
In short
- Welcome to this meticulously well-maintained family sized Bungalow nestled in the heart of Maple.
- The finished basement extends the living space with a bright open-concept layout, second kitchen and additional bathroom, along with a convenient covered separate...
- Desirable two car garage with separate entrance to the main level.
- Ideally situated in a desirable Maple neighbourhood, close to parks, schools, public transit, shopping, restaurants and everyday amenities.
- Conveniently located near Maple GO Station, Highway 400, Vaughan Mills, Cortellucci Vaughan Hospital, community centres and an array of recreational opportunities ie.
Welcome to this meticulously well-maintained family sized Bungalow nestled in the heart of Maple. This thoughtfully designed layout offers comfortable and functional main-floor living with three bedrooms and two full bathrooms. The main level features living and dining areas and a warm and inviting family room with fireplace. The large kitchen provides an abundance of cabinetry for storage and ample countertop space for preparing meals. Combined with a spacious eat in area that walks out to the covered concrete patio-perfect for morning coffee, relaxed family gatherings and outdoor entertaining. The finished basement extends the living space with a bright open-concept layout, second kitchen and additional bathroom, along with a convenient covered separate entrance walk-up to the backyard. An ideal setup for extended family, guests, recreation or additional living space.The property is complemented by curb appealing landscaping, a concrete driveway with concrete pathways surrounding the home that lead to the rear patio. Desirable two car garage with separate entrance to the main level. Ideally situated in a desirable Maple neighbourhood, close to parks, schools, public transit, shopping, restaurants and everyday amenities. Conveniently located near Maple GO Station, Highway 400, Vaughan Mills, Cortellucci Vaughan Hospital, community centres and an array of recreational opportunities ie. Canada's Wonderland. Nearby parks and trails provide plenty of opportunities to enjoy the outdoors.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- N13788910
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 46.59 × 118.11 ft
- Cross streets
- Major Mackenzie & Melville
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance, Walk-Up, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,956 / 2026
- Days on market
- 30
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
backsplash · window
parquet · window · california shutters
laminate · window · pot lights
broadloom · pot lights
vinyl floor · california shutters · fireplace
combined w/kitchen · w/o to patio
parquet · window · california shutters
parquet · california shutters · 3 pc ensuite
parquet · california shutters · closet
tile floor · walk-up · eat-in kitchen
parquet · california shutters · closet
Listed at $1,250,000. Going by how homes in Maple and the wider GTA have actually closed against their asking prices (about 98%, 36 local closings in 90 days), the likely sale price is near $1.22M, if it sells. A realistic range is $1.15M to $1.38M.
Independent value check: $1.22M. Without looking at the asking price, our model values the home itself about 3% below the ask (homes like it typically land between $1.14M and $1.28M).
Why $1.22M. The typical detached home sold in Maple over the past year went for about $1.30M (175 sales). What sets this one apart:
- ▼ Lowers itIt is 1,500 to 2,000 sq ft; the typical home sold here is 2,000 to 2,500.
- ▼ Lowers it slightly3+1 bedrooms and 3 baths, against 4+1 and 4 typically.
- ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $5,956 a year; the typical home sold here pays about $5,800.
Total price vs nearby homes. Likely closing about $1.22M, from 36 recent closings in this pocket.
The market behind the math:
About 0.5 months of inventory: 6 detached homes for sale in the area against 36 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $714/sqft against an area asking average of $996/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Maple: 50 of the 195 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Vaughan.
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 36 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.26M. 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Based on 36 comparable homes that sold in Maple over the past two years, from 330 closings there.
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 $766/sqft; this home lists at $714/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Maple: $1.19M in September 2026, down 7% from a year ago, on 170 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.40M | 13 |
| November 2025 | $1.39M | 14 |
| December 2025 | $1.38M | 10 |
| January 2026 | $1.25M | 17 |
| February 2026 | $1.28M | 8 |
| March 2026 | $1.30M | 7 |
| April 2026 | $1.28M | 18 |
| May 2026 | $1.35M | 20 |
| June 2026 | $1.29M | 23 |
| July 2026 | $1.32M | 17 |
| August 2026 | $1.28M | 13 |
| September 2026 | $1.19M | 10 |
Neighbourhood & location
Maple, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.
Mortgage amount $1,000,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,529
- Property tax
- $496
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,026
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,475
- Estimated closing costs
- $21,475
Plus your down payment of $250,000. 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
- $331,750
- Principal paid down
- $122,182
- Interest paid
- $209,569
- Balance remaining
- $877,818
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
The suite is real income here: basements rent in Maple (50 of 195 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 56 whole-home leases in Maple signed at a median of $3,675 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,656. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.