39 Alexie Way, Vaughan, ON

Vellore Village, Vaughan · MLS® N13866792

$1,065,000
For Sale
Listed 14 days agoNo offer date stated
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3Bedrooms
4Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Modern elegance meets functional living in this exceptional family home.
  • Featuring 9' ceilings, hardwood flooring, an electric fireplace, and an oak staircase with wrought iron spindles.
  • The spacious primary suite features a walk-in closet, ensuite, and smooth ceiling (popcorn ceiling removed).
  • Recent high-value upgrades include a 2024 tankless water heater(rental) and a 2026 air handler furnace (rental).

Modern elegance meets functional living in this exceptional family home. Featuring 9' ceilings, hardwood flooring, an electric fireplace, and an oak staircase with wrought iron spindles. The large eat-in kitchen boasts upgraded cabinetry, stainless steel appliances, an **upgraded countertop**, NEWER induction stove, **NEWER dishwasher**, and a direct walk-out to the patio. **Upgraded water softener and drinking water system** included. The spacious primary suite features a walk-in closet, ensuite, and smooth ceiling (popcorn ceiling removed). The home layout is optimized for modern tech, featuring a professionally wired basement & main floor for home theater around system and networking, plus a Nest thermostat. Recent high-value upgrades include a 2024 tankless water heater(rental) and a 2026 air handler furnace (rental). PROPERTY TYPE NOTE: Geowarehouse registers this home as a semi-detached (attached by only the garage on one side), offering the perfect blend of townhouse community feel with semi-detached structural layout and privacy!

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13866792
Bedrooms
3
Bathrooms
4 (2 half)
Size
1500-2000 sq ft
Lot
19.71 × 106.9 ft
Cross streets
Major Mckenzie Dr & Weston Rd
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Property tax
$4,718 / 2025
Days on market
14
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

Primary BedroomSecond6.28 × 3.38 m

Hardwood Floor

RecreationBasement0.00 × 0.00 m

bar sink · laminate

KitchenMain2.87 × 2.49 m

Ceramic Floor

Living RoomMain3.95 × 3.50 m

Hardwood Floor

Bedroom 2Second5.16 × 2.43 m

Hardwood Floor

Dining RoomMain5.00 × 3.19 m

Hardwood Floor

Bedroom 3Second3.64 × 2.46 m

Hardwood Floor

BreakfastMain2.87 × 2.51 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.04Mlikely sale price

Listed at $1,065,000. Going by how homes in Vellore Village and the wider GTA have actually closed against their asking prices (about 98%, 20 local closings in 90 days), the likely sale price is near $1.04M, if it sells. A realistic range is $972K to $1.17M.

Independent value check: $985K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $923K and $1.03M).

Why $985K. The typical townhouse sold in Vellore Village over the past year went for about $993K (108 sales). What sets this one apart:

  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $4,718 a year; the typical home sold here pays about $4,500.
List price
$972KBelow recent closings$1.17MAbove recent closings

Total price vs nearby homes. Likely closing about $1.04M, from 20 recent closings in this pocket.

The market behind the math:

20sold nearby · 90 days
$984Kmedian sold price
96%of asking, on average
−6%prices vs a year ago
~23 dayshomes like this take to sell
14days on market so far
$3,602/moest. rent · 5 leases
4.1%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.9 months of inventory: 19 townhouse homes for sale in the area against 20 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 $609/sqft against an area asking average of $627/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 20 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $958K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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 ($609/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 8 homes sold on this street over the past two years, from 235 closings in Vellore Village.

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
$948K
East Woodbridge
$989K
Elder Mills
$850K
Kleinburg
$1.04M
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
$4,854/mo
$201KIncome needed
5.3×Price ÷ income
$1,120Weekly cost
$17,775Land 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 $4,854Property tax $393Total carry $5,247

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,711per month

Mortgage amount $852,000 · 4.49% over 25 years

$213,000Down payment (20.0%)
$852,000Loan before insurance
$0CMHC premium
$5,104Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,711
Property tax
$393
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,104

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

One-time closing costs

Ontario land transfer tax
$17,775
Estimated closing costs
$17,775

Plus your down payment of $213,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,702/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

$561,256Total interest paid
$1,413,256Total of all payments
Principal $852,000 Interest $561,256
YearPrincipalInterestBalance
1$19,013$37,517$832,987
2$19,876$36,654$813,111
3$20,779$35,752$792,332
4$21,722$34,808$770,610
5$22,708$33,822$747,901
6$23,740$32,791$724,162
7$24,817$31,713$699,344
8$25,944$30,586$673,400
9$27,122$29,408$646,278
10$28,354$28,177$617,924
11$29,641$26,889$588,284
12$30,987$25,543$557,297
13$32,394$24,137$524,903
14$33,865$22,666$491,038
15$35,402$21,128$455,636
16$37,010$19,521$418,627
17$38,690$17,840$379,937
18$40,447$16,084$339,490
19$42,283$14,247$297,207
20$44,203$12,327$253,005
21$46,210$10,320$206,795
22$48,308$8,222$158,487
23$50,501$6,029$107,986
24$52,794$3,736$55,191
25$55,191$1,339$0

At the end of your 5-year term

Total paid over the term
$282,651
Principal paid down
$104,099
Interest paid
$178,553
Balance remaining
$747,901

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$3,602/mo
$43,224Gross annual rent
3.0%Cap rate after taxes and upkeep
$3,170 to $4,035Typical rent range
~24 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 $3,503 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,602. 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.

4.1%
Gross yield
− Property tax $4,718− Insurance $1,400− Vacancy & upkeep $4,755Net operating income $32,351

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.

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