71 Josephine Road, Vaughan, ON

Vellore Village, Vaughan · MLS® N13874958

$1,499,000
For Sale
Listed 10 days agoNo offer date stated

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4Bedrooms
4Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • This stunning home is a showcase of elegance and craftsmanship.
  • Situated on animpressive 50-foot-wide lot, this exceptional 4-bedroom, 3.5-bathroom home offers over 3,100 sq. ft. of beautifully designed living space, showcasing...
  • The main level features hardwood floors, oversized windows, and spacious living/diningrooms filled with natural light.
  • Unspoiled basement has 4 large windows, high ceilings and a big open space that you can design the way you like.
  • Ideally located close to top-rated schools, Vaughan Mills, Canada's Wonderland, parks,restaurants, and major highways including the 400 and 407.

This stunning home is a showcase of elegance and craftsmanship. Situated on animpressive 50-foot-wide lot, this exceptional 4-bedroom, 3.5-bathroom home offers over 3,100 sq. ft. of beautifully designed living space, showcasing quality finishes throughout.The main level features hardwood floors, oversized windows, and spacious living/diningrooms filled with natural light. The gourmet kitchen is the heart of the home, completewith stainless steel appliances and three picture windows overlooking the backyard. Theinviting family room offers the perfect place to gather, featuring a cozy gas fireplace andplenty of space for everyday living and entertaining.Upstairs, the spacious primary retreat features a walk-in closet and a spa-inspired ensuite. Three additional generously sized bedrooms provide plenty of room for agrowing family or guests. Gleaming hardwood floors add the charm as well. Unspoiled basement has 4 large windows, high ceilings and a big open space that you can design the way you like. Step outside to enjoy the wide backyard, offering endless possibilities for outdoor entertaining, family time, or simply relaxing in your own private space. Ideally located close to top-rated schools, Vaughan Mills, Canada's Wonderland, parks,restaurants, and major highways including the 400 and 407. A rare opportunity to own a spacious, beautifully crafted home in one of Vaughan's most sought-after communities.

Key facts

Property type
Detached, 2-Storey
MLS®
N13874958
Bedrooms
4
Bathrooms
4 (1 half)
Size
3000-3500 sq ft
Lot
50.25 × 78.82 ft
Cross streets
Weston rd./ Rutherford rd.
Parking
2 garage · 4 parking (attached)
Driveway
Available
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,597 / 2026
Days on market
10
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Living RoomMain3.81 × 3.20 m

combined w/dining · hardwood floor

Primary BedroomUpper7.00 × 3.96 m

Hardwood Floor

Dining RoomMain3.81 × 3.66 m

combined w/living · hardwood floor

KitchenMain3.96 × 3.35 m

tile floor · family size kitchen

Bedroom 4Upper3.96 × 3.35 m

hardwood floor · window

Bedroom 3Upper3.96 × 3.45 m

hardwood floor · window

BreakfastMain3.96 × 3.66 m

tile floor · w/o to patio

LibraryMain3.45 × 3.05 m

Hardwood Floor

Bedroom 2Upper4.88 × 3.66 m

hardwood floor · window

Family RoomMain4.88 × 4.57 m

gas fireplace · hardwood floor · overlooks backyard

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Vellore Village, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$6,832/mo
$284KIncome needed
5.3×Price ÷ income
$1,577Weekly cost
$26,455Land 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 $6,832Property tax $633Total carry $7,465

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,631per month

Mortgage amount $1,199,200 · 4.49% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,264Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,631
Property tax
$633
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,264

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

One-time closing costs

Ontario land transfer tax
$26,455
Estimated closing costs
$26,455

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,025/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

$789,975Total interest paid
$1,989,175Total of all payments
Principal $1,199,200 Interest $789,975
YearPrincipalInterestBalance
1$26,761$52,806$1,172,439
2$27,976$51,591$1,144,463
3$29,246$50,321$1,115,217
4$30,574$48,993$1,084,642
5$31,962$47,605$1,052,680
6$33,414$46,153$1,019,266
7$34,931$44,636$984,336
8$36,517$43,050$947,819
9$38,175$41,392$909,644
10$39,908$39,659$869,736
11$41,720$37,847$828,016
12$43,614$35,953$784,402
13$45,595$33,972$738,807
14$47,665$31,902$691,142
15$49,829$29,738$641,314
16$52,091$27,476$589,222
17$54,456$25,111$534,766
18$56,929$22,638$477,837
19$59,514$20,053$418,323
20$62,216$17,351$356,107
21$65,041$14,526$291,066
22$67,994$11,573$223,072
23$71,081$8,486$151,991
24$74,309$5,258$77,682
25$77,682$1,885$0

At the end of your 5-year term

Total paid over the term
$397,835
Principal paid down
$146,520
Interest paid
$251,315
Balance remaining
$1,052,680

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$6,300/mo
$75,600Gross annual rent
3.9%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.

5.0%
Gross yield
− Property tax $7,597− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $58,287

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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