40 Chateau Drive, Vaughan, ON

Vellore Village, Vaughan · MLS® N13857246

$1,549,999
For Sale
Listed 17 days agoNo offer date stated
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4Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Motivated Seller's 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...

**Motivated Seller's **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 Bsmt Potential: A massive, full-footprint unfinished lower level presents a blank canvas-ready for your personal vision to design a custom home theatre, 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, Hwy 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®
N13857246
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
17
Listing brokerage
RIGHT AT HOME REALTY

Rooms

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)

KitchenMain7.02 × 3.77 m

granite counters · centre island · custom backsplash

BreakfastMain7.02 × 3.77 m

combined w/kitchen · ceramic floor · w/o to patio

Family RoomMain4.23 × 4.09 m

hardwood floor · window floor to ceiling · gas fireplace

DenMain4.22 × 3.40 m

hardwood floor · window

Dining RoomMain6.77 × 3.77 m

combined w/living · hardwood floor · large window

Bedroom 2Second418.00 × 4.14 m

4 pc ensuite · bay window · large closet

BedroomSecond4.52 × 3.68 m

hardwood floor · b/i closet · large window

Living RoomMain6.77 × 3.77 m

combined w/dining · hardwood floor · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.50Mlikely sale price

Listed at $1,549,999. Going by how homes in Vellore Village have actually closed against their asking prices (about 97%, 50 local closings in 90 days), the likely sale price is near $1.50M, if it sells. A realistic range is $1.40M to $1.69M.

Independent value check: $1.54M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.45M and $1.62M).

Why $1.54M. The typical detached home sold in Vellore Village over the past year went for about $1.40M (214 sales). What sets this one apart:

  • ▲ Raises itIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,000 to 2,500.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $7,217 a year; the typical home sold here pays about $6,400.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.40MBelow recent closings$1.69MAbove recent closings

Total price vs nearby homes. Likely closing about $1.50M, from 50 recent closings in this pocket.

The market behind the math:

50sold nearby · 90 days
$1.40Mmedian sold price
97%of asking, on average
−4%prices vs a year ago
~31 dayshomes like this take to sell
17days on market so far
$4,769/moest. rent · 96 leases
3.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.4 months of inventory: 40 detached homes for sale in the area against 50 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 $477/sqft against an area asking average of $567/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 50 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.51M. 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

Based on 50 comparable homes that sold in Vellore Village over the past two years, from 438 closings there.

Sold price trend

Median sold price for detached homes in Vellore Village: $1.63M in September 2026, up 8% from a year ago, on 207 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$1.43M28
November 2025$1.37M17
December 2025$1.26M14
January 2026$1.26M7
February 2026$1.48M12
March 2026$1.30M15
April 2026$1.53M25
May 2026$1.29M23
June 2026$1.66M22
July 2026$1.25M11
August 2026$1.38M17
September 2026$1.63M16

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.

Sonoma Heights
$1.47M
East Woodbridge
$1.44M
Kleinburg
$3.39M
Maple
$1.63M
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
$7,064/mo
$291KIncome needed
5.3×Price ÷ income
$1,630Weekly cost
$27,475Land 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 $7,064Property tax $601Total carry $7,666

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)
$6,856per month

Mortgage amount $1,239,999 · 4.49% over 25 years

$310,000Down payment (20.0%)
$1,239,999Loan before insurance
$0CMHC premium
$7,458Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,856
Property tax
$601
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,458

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

One-time closing costs

Ontario land transfer tax
$27,475
Estimated closing costs
$27,475

Plus your down payment of $310,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,298/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

$816,851Total interest paid
$2,056,851Total of all payments
Principal $1,239,999 Interest $816,851
YearPrincipalInterestBalance
1$27,672$54,603$1,212,328
2$28,928$53,346$1,183,400
3$30,241$52,033$1,153,158
4$31,614$50,660$1,121,544
5$33,050$49,224$1,088,494
6$34,550$47,724$1,053,944
7$36,119$46,155$1,017,825
8$37,759$44,515$980,065
9$39,474$42,800$940,592
10$41,266$41,008$899,326
11$43,139$39,135$856,187
12$45,098$37,176$811,089
13$47,146$35,128$763,943
14$49,286$32,988$714,656
15$51,524$30,750$663,132
16$53,864$28,410$609,269
17$56,309$25,965$552,960
18$58,866$23,408$494,094
19$61,539$20,735$432,555
20$64,333$17,941$368,222
21$67,254$15,020$300,969
22$70,307$11,967$230,661
23$73,499$8,775$157,162
24$76,837$5,437$80,325
25$80,325$1,949$0

At the end of your 5-year term

Total paid over the term
$411,370
Principal paid down
$151,505
Interest paid
$259,865
Balance remaining
$1,088,494

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 96 whole-home leases in Vellore Village$4,769/mo
$57,228Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,400 to $5,047Typical rent range
~27 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 96 whole-home leases in Vellore Village signed at a median of $4,507 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,769. 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.

3.7%
Gross yield
− Property tax $7,217− Insurance $1,400− Vacancy & upkeep $6,295Net operating income $42,316

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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