$3,488,800 - 61 Petermar Drive, Vaughan
Detached for Sale in Vaughan
135 days on market- MLS Number
- N12424296
- Property Type
- Detached
- Status
- active
- Days on Site
- 135
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Vaughan
- Lot Size
- 3 sqft
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
*Wow*Rare & Breathtaking Luxury Estate Sitting On 2.52 Acres In A Private Enclave Of Prestigious Homes In Vellore Village Offering The Ultimate In Country Living Within The City!*This Exceptional Residence Boasts Over 5,000 Sq Ft Of Elegantly Designed Living Space Plus A Fully Finished 2-Bedroom Walk-Out Basement Apartment Perfect For Multi-Family Living Or Private Guest Quarters*Featuring 4+2 Spacious Bedrooms, 2 Kitchens & A Walk-Out Basement With Expansive Above-Ground Windows Flooding The Home With Natural Light*The Home Highlights A Grand Cathedral Ceiling Family Room With Skylight Windows Creating A Bright & Airy Atmosphere Ideal For Entertaining & Everyday Living*The Custom Gourmet Chef's Kitchen Is A Showpiece Featuring Beveled Granite Countertops, Custom Backsplash, Built-In Stainless Steel Appliances, Centre Island, Breakfast Bar, Pot Filler & Pantry Perfect For Hosting & Culinary Creations*The Luxurious Primary Bedroom Offers A 6-Piece Spa-Like Ensuite with A Walkout Balcony Perfect For Morning Coffee Or Relaxing Under The Stars, A Cozy Fireplace & A Custom Walk-In Closet With Built-In Organizers*Exquisite Details Include Brand New Hardwood Flooring, Custom Crown Mouldings & Ceiling Treatments, Pot Lights, Freshly Painted Interiors & A State-Of-The-Art Control 4 Smart Home System With Built-In Speakers & Customized Music Throughout*Additional Luxury Features Include A Grand Circular Private Driveway, Oversized 3-Car Garage & A Tankless Water Heater*Entertain Effortlessly With An Outdoor Kitchen, Professionally Landscaped Grounds, Recently Repaired Deck Wall, New Concrete Steps From The Kitchen & A Concrete Patio Area Perfect For Outdoor Gatherings*Surrounded By Mature Trees Offering Total Privacy & Stunning Scenic Views, This Estate Combines Comfort, Functionality & Sophistication Creating A Truly One-Of-A-Kind Home With Limitless Possibilities For Modern Family Living!*Put This Beauty On Your Must-See List Today!*
Estimate your monthly payments for this property
Estimated Payment
$15,432.14/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.
61 Petermar Drive, Vaughan
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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
Competitive Pricing
At $698/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.
Negotiation Opportunity
At 135 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Vaughan.
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.