$2,288,000 - 24 Grand Vellore Crescent, Vaughan
Detached for Sale in Vaughan
- MLS Number
- N13151178
- Property Type
- Detached
- Status
- active
- Days on Site
- 23
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RE/MAX PREMIER THE OP TEAM
Experience elevated living in this exceptional bungaloft located in the highly desirable Vellore Village community, where timeless elegance meets modern comfort. Showcasing premium finishes throughout, this beautifully crafted home features rich hardwood flooring, designer porcelain tiles, coffered ceilings, crown moulding, and custom iron detailing that add sophistication to every room. The chef-inspired kitchen serves as the heart of the home with built-in stainless steel appliances, granite countertops, custom maple cabinetry, decorative backsplash accents, and an oversized centre island perfect for entertaining and everyday living. The spacious main-floor primary suite offers a private retreat complete with a luxurious ensuite and custom storage solutions, while the open-concept loft above provides flexible space ideal for a home office, lounge, or guest accommodations. The professionally finished lower level includes a self-contained apartment with a separate walk-up entrance, creating excellent potential for extended family living or rental income. Outside, professionally landscaped grounds enhance the home's impressive curb appeal and provide a serene backyard escape. Situated on a quiet crescent close to top-rated schools, parks, shopping, dining, and major highways, this remarkable property delivers an outstanding combination of style, functionality, and convenience in one of Vaughan's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$10,120.60/mo
5-yr fixed avg.
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.
Discover Vaughan
Vaughan 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 Vaughan
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Vaughan 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.
24 Grand Vellore Crescent, Vaughan
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $915/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 23 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 5 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.
Investment Perspective
Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.