348 Vellore Avenue, Vaughan

Price: $1,580,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: N13610278

Welcome to 348 Vellore Ave. Proudly offered by the original owners, this beautifully updated 4-bedroom, 4-bathroom home combines modern style with exceptional functionality. The renovated main and upper levels showcase contemporary finishes throughout, including a stunning modern kitchen and beautifully updated bathrooms. Recent upgrades, including the roof and windows, provide added value and peace of mind.The fully finished basement features a complete second kitchen, offering excellent flexibility for extended family, guests, or entertaining. Step outside to a covered backyard entertaining area, perfect for hosting gatherings or relaxing in any season.Ideally located just minutes from major highways and key commuter routes, with schools, parks, shopping, and everyday amenities nearby, this move-in-ready home offers the perfect blend of comfort, convenience, and style. A rare opportunity to own a meticulously maintained home from its original owners.

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$1,580,000 - 348 Vellore Avenue, Vaughan

Detached for Sale in Vaughan

Neighbourhood: Vellore Village

4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
N13610278
Property Type
Detached
Status
active
Days on Site
27
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Vaughan
Listing Brokerage
PROSPECT REALTY INC.
Description

Welcome to 348 Vellore Ave. Proudly offered by the original owners, this beautifully updated 4-bedroom, 4-bathroom home combines modern style with exceptional functionality. The renovated main and upper levels showcase contemporary finishes throughout, including a stunning modern kitchen and beautifully updated bathrooms. Recent upgrades, including the roof and windows, provide added value and peace of mind.The fully finished basement features a complete second kitchen, offering excellent flexibility for extended family, guests, or entertaining. Step outside to a covered backyard entertaining area, perfect for hosting gatherings or relaxing in any season.Ideally located just minutes from major highways and key commuter routes, with schools, parks, shopping, and everyday amenities nearby, this move-in-ready home offers the perfect blend of comfort, convenience, and style. A rare opportunity to own a meticulously maintained home from its original owners.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,988.87/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,264,000Interest: $832,662
Mortgage Amount$1,264,000
Total Interest$832,662
Est. Property Tax$1,119/mo
Total Cost$2,096,662

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vellore Village

Discover Vellore Village

Vellore Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vellore Village

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vellore Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

348 Vellore Avenue, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,119
Insurance (est.)-$329
Net Cash Flow+$1,852

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $790/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 27 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Vellore Village

I know Vellore Village well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    348 Vellore Avenue, Vaughan | $1,580,000 | Battaglia Team