93 Velmar Drive, Vaughan, ON
East Woodbridge, Vaughan · MLS® N13877110
About this home
In short
- Welcome To 93 Velmar Drive In The Highly Desirable Weston Downs Community.
- Above Grade, Spacious 60' X 125' Lot, And An Incredible 3-Bedroom Walk-Out Basement Apartment & Separate Entrance.
- The Walk-Out Basement Is A Standout Feature, Offering 3 Additional Bedrooms, A Full Kitchen, High Ceilings & Its Own Laundry-Perfect For Extended Family...
- Located In The Heart Of Weston Downs, Close To Parks, Schools, Shopping, Transit, Hwy 400/407 And All Amenities.
- A Rare Opportunity To Own A Spacious Family Home With A Separate Walk-Out Basement, 3-Car Garage Plus A Hoist For A Fourth Car & Outstanding Lot.
Welcome To 93 Velmar Drive In The Highly Desirable Weston Downs Community! Original Owners Have Lovingly Maintained This Exceptional Home, Offering Approximately 2,000 Sq. Ft. Above Grade, Spacious 60' X 125' Lot, And An Incredible 3-Bedroom Walk-Out Basement Apartment & Separate Entrance. The Main Home Features 9-Ft Ceilings, A Bright & Spacious Layout, Generous Principal Rooms, And Excellent Natural Light. The Walk-Out Basement Is A Standout Feature, Offering 3 Additional Bedrooms, A Full Kitchen, High Ceilings & Its Own Laundry-Perfect For Extended Family, Multigenerational Living, Guests, Or Rental Potential. With Two Separate Laundry Rooms, The Home Provides Exceptional Flexibility For Large Or Growing Families. Enjoy The Convenience Of A Rare 3-Car Garage, Ample Parking, And A Large 60' X 125' Lot. Lovingly Cared For By The Original Owners, This Home Presents A Fantastic Opportunity To Move In, Enjoy, And Make It Your Own Over Time.Located In The Heart Of Weston Downs, Close To Parks, Schools, Shopping, Transit, Hwy 400/407 And All Amenities. A Rare Opportunity To Own A Spacious Family Home With A Separate Walk-Out Basement, 3-Car Garage Plus A Hoist For A Fourth Car & Outstanding Lot!
Key facts
- Property type
- Detached, Bungalow-Raised
- MLS®
- N13877110
- Bedrooms
- 3+3 (6 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 59.47 × 124.95 ft
- Cross streets
- Weston & Rutherford
- Parking
- 3 garage · 9 parking (built-in)
- Driveway
- Private
- Basement
- Separate Entrance, Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,114 / 2025
- Days on market
- 11
- Listing brokerage
- RE/MAX EXPERTS
Rooms
parquet · combined w/dining · open concept
Ceramic Floor
gas fireplace · parquet · w/o to deck
laminate · gas fireplace
parquet · walk-in closet(s) · 4 pc ensuite
broadloom · combined w/family
parquet · gas fireplace · w/o to deck
Ceramic Floor
ceramic floor · w/o to yard
combined w/living · parquet · crown moulding
broadloom · gas fireplace
Parquet
large window · closet
Parquet
parquet · large window
parquet · combined w/living · open concept
combined w/dining · parquet · crown moulding
Ceramic Floor
Large Window
Ceramic Floor
parquet · 4 pc ensuite · walk-in closet(s)
Large Window
parquet · large window
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.
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For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $631/sqft; this home lists at $943/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
East Woodbridge, Vaughan, ON
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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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,320,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,299
- Property tax
- $593
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,891
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,475
- Estimated closing costs
- $29,475
Plus your down payment of $330,000. 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
- $437,910
- Principal paid down
- $161,280
- Interest paid
- $276,631
- Balance remaining
- $1,158,720
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.