278 Fossil Hill Road, Vaughan, ON

Vellore Village, Vaughan · MLS® N13790712

$1,590,000
For Sale
Listed 33 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Welcome to Your Dream Family Oasis in Woodbridge.
  • Step into luxury and style with this beautifully 4-bedroom, 4-bathroom family home boasting aprox 3000 sq/f of living space, designed for both comfortable daily...
  • From the moment you enter the grand 2-storey foyer complete with a soaring ceiling and statement lighting, you are greeted by an abundance of natural light, rich...
  • Key Features & Highlights: Renovated Chef's Kitchen: A true centerpiece featuring sleek quartz countertops, chic two-tone cabinetry (contrasting modern grey island...
  • Located in a highly desirable neighborhood close to top-rated schools, parks, shopping centers, and major transit routes.

Welcome to Your Dream Family Oasis in Woodbridge!Step into luxury and style with this beautifully 4-bedroom, 4-bathroom family home boasting aprox 3000 sq/f of living space, designed for both comfortable daily living and effortless entertaining. From the moment you enter the grand 2-storey foyer complete with a soaring ceiling and statement lighting, you are greeted by an abundance of natural light, rich hardwood floors, classical architectural pillars, and refined finishes throughout.Key Features & Highlights: * Renovated Chef's Kitchen: A true centerpiece featuring sleek quartz countertops, chic two-tone cabinetry (contrasting modern grey island with classic white uppers), stone waterfall backsplash, under-cabinet lighting, and an expansive breakfast bar perfect for casual morning coffee. * Open Main Level: A seamless transition connects the eat-in kitchen area to a cozy family room anchored by a custom floor-to-ceiling accent wall with an integrated linear fireplace and media integration. * Formal Living & Dining: Coffered ceilings, large arched windows framed with plantation shutters define the spacious formal dining and sitting areas. * Dedicated Home Office: Enjoy working from home in a bright, main-floor private office outfitted with large windows, custom California shutters, and ample natural warmth. * Resort-Style Backyard Retreat: Walk out from the kitchen onto a fully paved stone patio equipped with a covered luxury outdoor lounge gazebo, ambient string lighting, lush privacy greenery, and a tranquil custom stone water feature with a flowing waterfall. * Generous Upper Level: Features 4 spacious bedrooms and well-appointed bathrooms offering plenty of room for growing families or accommodating guests.Located in a highly desirable neighborhood close to top-rated schools, parks, shopping centers, and major transit routes. This home combines modern updates with timeless warmth-schedule your private tour today!

Key facts

Property type
Detached, 2-Storey
MLS®
N13790712
Bedrooms
4
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
45.28 × 78.74 ft
Cross streets
Fossil Hill Rd & Davos RD
Parking
2 garage · 4 parking (attached)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Shingle
Foundation
Unknown
Roof
Shingles, Asphalt Shingle
Sewer
Sewer
Property tax
$6,698 / 2026
Days on market
33
Listing brokerage
Initia Real Estate

Rooms

Dining RoomMain6.81 × 3.40 m
Bedroom 2Second4.88 × 4.67 m

3 Pc Ensuite

Primary BedroomSecond6.40 × 5.06 m

5 Pc Ensuite

KitchenMain3.45 × 5.97 m
Bedroom 4Second3.35 × 3.96 m

3 Pc Ensuite

OfficeMain3.35 × 3.05 m
Bedroom 3Second3.66 × 3.66 m

3 Pc Ensuite

Powder RoomMain2.13 × 0.91 m
LaundryMain3.96 × 1.83 m
Living RoomMain3.45 × 5.18 m
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.

East Woodbridge
$1.46M
Sonoma Heights
$1.47M
Maple
$1.63M
Kleinburg
$3.39M
West Woodbridge
$1.45M

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
$7,247/mo
$296KIncome needed
5.4×Price ÷ income
$1,672Weekly cost
$28,275Land 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 $7,247Property tax $558Total carry $7,805

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.

4.49%
%
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)
$7,033per month

Mortgage amount $1,272,000 · 4.49% over 25 years

$318,000Down payment (20.0%)
$1,272,000Loan before insurance
$0CMHC premium
$7,591Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,033
Property tax
$558
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,591

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

One-time closing costs

Ontario land transfer tax
$28,275
Estimated closing costs
$28,275

Plus your down payment of $318,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,512/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

$837,932Total interest paid
$2,109,932Total of all payments
Principal $1,272,000 Interest $837,932
YearPrincipalInterestBalance
1$28,386$56,012$1,243,614
2$29,674$54,723$1,213,940
3$31,022$53,375$1,182,918
4$32,430$51,967$1,150,488
5$33,903$50,495$1,116,585
6$35,442$48,955$1,081,143
7$37,051$47,346$1,044,092
8$38,734$45,664$1,005,358
9$40,492$43,905$964,866
10$42,331$42,067$922,535
11$44,253$40,145$878,282
12$46,262$38,135$832,020
13$48,362$36,035$783,658
14$50,558$33,839$733,100
15$52,854$31,543$680,246
16$55,254$29,144$624,992
17$57,762$26,635$567,230
18$60,385$24,012$506,845
19$63,127$21,271$443,718
20$65,993$18,404$377,725
21$68,989$15,408$308,736
22$72,122$12,276$236,614
23$75,396$9,001$161,218
24$78,820$5,578$82,398
25$82,398$1,999$0

At the end of your 5-year term

Total paid over the term
$421,986
Principal paid down
$155,415
Interest paid
$266,571
Balance remaining
$1,116,585

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$5,250/mo
$63,000Gross annual rent
3.0%Cap rate after taxes and upkeep

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.

4.0%
Gross yield
− Property tax $6,698− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,972

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Initia Real Estate. MLS®/PropTx.

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