2 Welton Street, Vaughan, ON

Maple, Vaughan · MLS® N14080028

$1,759,000
For Sale
Listed 4 days agoNo offer date stated
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5Bedrooms
2Bathrooms
1Garage · 5 parking
2000-2500Sq ft

About this home

In short

  • A rare opportunity in the heart of Maple.
  • Situated on an impressive approximately 104 ft x 150ft lot, this property offers exceptional potential for builders, investors, or those looking to create a custom...
  • Tucked away on a quiet residential street, the area is evolving with many newly built and custom homes, adding to the appeal and long-term potential of this...
  • This prime parcel offers exceptional frontage, depth, and endless potential for redevelopment.
  • Property and existing dwelling are being sold in "as-is, where-is" condition.

A rare opportunity in the heart of Maple! Situated on an impressive approximately 104 ft x 150ft lot, this property offers exceptional potential for builders, investors, or those looking to create a custom dream home in one of Vaughan's most established and distinguished neighbourhoods. Tucked away on a quiet residential street, the area is evolving with many newly built and custom homes, adding to the appeal and long-term potential of this exceptional lot. Imagine the possibilities - a completely custom residence designed around your vision, lifestyle, and needs. This prime parcel offers exceptional frontage, depth, and endless potential for redevelopment. Opportunities like this are increasingly rare. Conveniently located near schools, parks, public transit, shopping, and major highways, this is a unique chance to secure a substantial parcel of land in a highly sought-after Maple location. Property and existing dwelling are being sold in "as-is, where-is" condition.

Key facts

Property type
Detached, 2-Storey
MLS®
N14080028
Bedrooms
5
Bathrooms
2
Size
2000-2500 sq ft
Lot
104.33 × 149.78 ft
Cross streets
Keele & Major Mackenzie
Parking
1 garage · 5 parking (detached)
Driveway
Private Double
Basement
None
Heating
Forced Air
A/C
None
Exterior
Wood
Foundation
Concrete
Roof
Unknown
Sewer
Sewer
Property tax
$6,140 / 2025
Days on market
4
Listing brokerage
RE/MAX EXPERTS
Our TakeTeam Asgarian · Broker
A small discount is typical
$1.73Mlikely sale price

Listed at $1,759,000. Going by how homes in Maple and the wider GTA have actually closed against their asking prices (about 98%, 37 local closings in 90 days), the likely sale price is near $1.73M, if it sells. A realistic range is $1.62M to $1.94M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The listing describes a new or newly built home, and the public record (tax bill, size) can still describe what stood on the lot before.

List price
$1.62MBelow recent closings$1.94MAbove recent closings

Total price vs nearby homes. Likely closing about $1.73M, from 37 recent closings in this pocket.

The market behind the math:

37sold nearby · 90 days
$1.25Mmedian sold price
98%of asking, on average
−4%prices vs a year ago
~20 dayshomes like this take to sell
4days on market so far
$4,228/moest. rent · 20 leases
2.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 17 detached homes for sale in the area against 37 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 $782/sqft against an area asking average of $605/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 37 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.33M. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully

Based on 37 comparable homes that sold in Maple over the past two years, from 330 closings there.

What sellers nearby are askingCurrently listed nearby in Maple · asking prices
$1.31Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.31M, which is where my estimate comes from.

Per square foot, these ask about $557/sqft; this home lists at $782/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.76MThis home1.29M1.44M1.32M1.20MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Maple: $1.19M in September 2026, down 7% from a year ago, on 170 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$1.40M13
November 2025$1.39M14
December 2025$1.38M10
January 2026$1.25M17
February 2026$1.28M8
March 2026$1.30M7
April 2026$1.28M18
May 2026$1.35M20
June 2026$1.29M23
July 2026$1.32M17
August 2026$1.28M13
September 2026$1.19M10

Neighbourhood & location

Maple, 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.

Patterson
$1.73M
Vellore Village
$1.67M
Glen Shields
$1.28M
Uplands
$1.55M
Brownridge
$1.24M

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
$8,017/mo
$324KIncome needed
5.4×Price ÷ income
$1,850Weekly cost
$31,655Land 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.

94%mortgage
Mortgage $8,017Property tax $512Total carry $8,529

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,781per month

Mortgage amount $1,407,200 · 4.49% over 25 years

$351,800Down payment (20.0%)
$1,407,200Loan before insurance
$0CMHC premium
$8,292Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,781
Property tax
$512
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,292

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

One-time closing costs

Ontario land transfer tax
$31,655
Estimated closing costs
$31,655

Plus your down payment of $351,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,417/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

$926,995Total interest paid
$2,334,195Total of all payments
Principal $1,407,200 Interest $926,995
YearPrincipalInterestBalance
1$31,403$61,965$1,375,797
2$32,829$60,539$1,342,969
3$34,319$59,049$1,308,650
4$35,877$57,491$1,272,772
5$37,506$55,862$1,235,266
6$39,209$54,159$1,196,057
7$40,989$52,378$1,155,067
8$42,851$50,517$1,112,217
9$44,796$48,572$1,067,421
10$46,830$46,538$1,020,591
11$48,956$44,411$971,634
12$51,179$42,189$920,455
13$53,503$39,865$866,952
14$55,932$37,436$811,020
15$58,472$34,896$752,549
16$61,127$32,241$691,422
17$63,902$29,466$627,520
18$66,803$26,565$560,717
19$69,836$23,531$490,881
20$73,007$20,361$417,873
21$76,322$17,046$341,551
22$79,787$13,580$261,764
23$83,410$9,958$178,354
24$87,197$6,171$91,156
25$91,156$2,211$0

At the end of your 5-year term

Total paid over the term
$466,839
Principal paid down
$171,934
Interest paid
$294,905
Balance remaining
$1,235,266

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 20 whole-home leases in Maple$4,228/mo
$50,736Gross annual rent
2.1%Cap rate after taxes and upkeep
$3,794 to $4,440Typical rent range
~18 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 20 whole-home leases in Maple signed at a median of $4,106 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,228. 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.

2.9%
Gross yield
− Property tax $6,140− Insurance $1,400− Vacancy & upkeep $5,581Net operating income $37,615

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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