45 Skylark Drive, Vaughan, ON

Vellore Village, Vaughan · MLS® N14090962

$1,379,999
For Sale
Listed 3 days agoNo offer date stated
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◎ Directions
4+2Bedrooms
5Bathrooms
1Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • A fantastic opportunity to own a updated, move-in-ready family home in Vellore Village.
  • An Impressive 18 Ft Entryway, that offers a bright open-concept layout.
  • Open concept living and dining area with hardwood floors.
  • Bedrooms 2, 3 and 4 upgraded to hardwood flooring in 2022.
  • Primary bedroom features a 5pcx en-suite, walk-in closet and additional 2nd closet.

A fantastic opportunity to own a updated, move-in-ready family home in Vellore Village! One of Vaughan's most desirable neighbourhoods! Located On A Quiet, Family-Friendly Street. Beautifully Updated 4+2 Bedroom, 5 Bathroom Home with welcoming and eye catching curb appeal! Extended stamped concrete driveway, stairs, side walkway and patio (2022). Upgraded throughout! Front Door (2022), Windows (2021) Insulated Garage Door (2022). An Impressive 18 Ft Entryway, that offers a bright open-concept layout. Hardwood Floors throughout main and second floor and pot lights throughout entire home. Kitchen updated in 2025, featuring quartz counter top, quartz backsplash, quartz breakfast island and large floor tiles. Stainless steel appliances and walk out to yard and patio. Patio door updated in 2022 with inserted blind. Additional deck in the backyard for a convenient BBQ area for entertaining. Family room with stone wall gas fireplace and crown moulding. Open concept living and dining area with hardwood floors. Hard wood staircase leading up to 4 spacious bedrooms. Bedrooms 2, 3 and 4 upgraded to hardwood flooring in 2022. Primary bedroom features a 5pcx en-suite, walk-in closet and additional 2nd closet. Laminate flooring throughout basement with 2 additional bedrooms and 2 4 piece bathrooms. One of the basement bedrooms features a 4 piece en-suite and walk-in closet. Two storage rooms in basement, a cold cellar and a cozy rec room. There is a provision with the city available to apply for a permit to make a separate entrance from the back of the house down into the basement. Parking for 6 cars. Furnace, AC and Roof (2015). Laundry room with direct access to garage. All bathrooms with timer switches and front light timer from dusk till dawn. Prime Location! Close to top-rated schools, Vaughan Mills, Parks, Vellore Village Com Centre, Shops and Restaurants, and Vaughan Hospital. Minutes to 400 and 407 and Vaughan Metro Centre Subway.

Key facts

Property type
Detached, 2-Storey
MLS®
N14090962
Bedrooms
4+2 (6 total)
Bathrooms
5 (1 half)
Size
2000-2500 sq ft
Lot
36.42 × 82.02 ft
Cross streets
Weston/Major Mackenzie
Parking
1 garage · 6 parking (attached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,554 / 2026
Days on market
3
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

LaundryMain2.18 × 2.08 m

access to garage · b/i shelves · ceramic floor

Family RoomMain3.30 × 5.21 m

hardwood floor · crown moulding · gas fireplace

BedroomBasement3.30 × 2.82 m

laminate · closet

Bedroom 2Second3.05 × 3.20 m

double closet · hardwood floor · window

Living RoomMain3.30 × 3.89 m

hardwood floor · pot lights · large window

Furnace RoomBasement2.21 × 2.85 m
Dining RoomMain3.45 × 2.29 m

hardwood floor · open concept · pot lights

KitchenMain2.79 × 3.28 m

modern kitchen · stainless steel appl · ceramic floor

Bedroom 5Basement3.63 × 3.25 m

4 pc ensuite · laminate · walk-in closet(s)

Primary BedroomSecond5.18 × 3.56 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Bedroom 3Second3.12 × 3.20 m

hardwood floor · california shutters · closet

RecreationBasement3.33 × 4.32 m

laminate · open concept

Bedroom 4Second3.43 × 4.85 m

hardwood floor · california shutters · closet

BreakfastMain2.44 × 3.28 m

ceramic floor · w/o to yard · open concept

Our TakeTeam Asgarian · Broker
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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
$6,290/mo
$257KIncome needed
5.4×Price ÷ income
$1,451Weekly cost
$24,075Land 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 $6,290Property tax $463Total carry $6,752

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

years
years (your rate-locked period)
$6,104per month

Mortgage amount $1,103,999 · 4.49% over 25 years

$276,000Down payment (20.0%)
$1,103,999Loan before insurance
$0CMHC premium
$6,567Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,104
Property tax
$463
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,567

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

One-time closing costs

Ontario land transfer tax
$24,075
Estimated closing costs
$24,075

Plus your down payment of $276,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,388/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

$727,261Total interest paid
$1,831,260Total of all payments
Principal $1,103,999 Interest $727,261
YearPrincipalInterestBalance
1$24,637$48,614$1,079,363
2$25,755$47,495$1,053,607
3$26,925$46,326$1,026,683
4$28,147$45,103$998,536
5$29,425$43,825$969,111
6$30,761$42,489$938,350
7$32,158$41,093$906,192
8$33,618$39,633$872,574
9$35,144$38,106$837,430
10$36,740$36,511$800,690
11$38,408$34,842$762,282
12$40,152$33,099$722,130
13$41,975$31,275$680,155
14$43,881$29,370$636,275
15$45,873$27,377$590,402
16$47,956$25,294$542,446
17$50,133$23,117$492,312
18$52,410$20,841$439,903
19$54,789$18,461$385,114
20$57,277$15,974$327,837
21$59,877$13,373$267,959
22$62,596$10,654$205,363
23$65,438$7,812$139,925
24$68,409$4,841$71,515
25$71,515$1,735$0

At the end of your 5-year term

Total paid over the term
$366,252
Principal paid down
$134,888
Interest paid
$231,364
Balance remaining
$969,111

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.

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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$4,200/mo
$50,400Gross annual rent
2.7%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.

3.7%
Gross yield
− Property tax $5,554− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,902

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

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