81 Vera Street, Vaughan

Price: $1,495,000

6 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13041854

Welcome to one of the most prestigious neighbourhoods in Woodbridge and on one of the most quiet streets of East Woodbridge. The approximately 2844 sqft, 4 bedroom home sits on a 50x125 ft lot featuring landscaping and a new fence. This home offers many features like a newer kitchen, cornice moulding in the upper and lower halls, circular staircase open to the professionally finished 2 bedroom basement apartment with a separate entrance, kitchen and 3-pc bathroom. The backyard has a large patio with a pergola, vegetable garden, many fruit trees, grape vines and a garden shed. The 2 car garage is very spacious and has 2 garage door openers. The house is equipped with newer high efficiency furnace, central air, central vac, newer roof, main floor California shutters and more. Close to many amenities, steps to schools, library, recreation center, church and beautiful parks. Close to HWY 7, HWY 400 and 407. Vaughan Metropolitan Center and the subway to downtown Toronto, Vaughan Mills Mega Mall, other shops and restaurants.

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$1,495,000 - 81 Vera Street, Vaughan

Detached for Sale in Vaughan

52 days on market
6Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13041854
Property Type
Detached
Status
active
Days on Site
52
Bedrooms
6
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Welcome to one of the most prestigious neighbourhoods in Woodbridge and on one of the most quiet streets of East Woodbridge. The approximately 2844 sqft, 4 bedroom home sits on a 50x125 ft lot featuring landscaping and a new fence. This home offers many features like a newer kitchen, cornice moulding in the upper and lower halls, circular staircase open to the professionally finished 2 bedroom basement apartment with a separate entrance, kitchen and 3-pc bathroom. The backyard has a large patio with a pergola, vegetable garden, many fruit trees, grape vines and a garden shed. The 2 car garage is very spacious and has 2 garage door openers. The house is equipped with newer high efficiency furnace, central air, central vac, newer roof, main floor California shutters and more. Close to many amenities, steps to schools, library, recreation center, church and beautiful parks. Close to HWY 7, HWY 400 and 407. Vaughan Metropolitan Center and the subway to downtown Toronto, Vaughan Mills Mega Mall, other shops and restaurants.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,612.89/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,196,000Interest: $787,867
Mortgage Amount$1,196,000
Total Interest$787,867
Est. Property Tax$1,059/mo
Total Cost$1,983,867

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: Vaughan

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

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

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.

70
Walk Score
Varies
Price Range

81 Vera Street, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,059
Insurance (est.)-$311
Net Cash Flow+$2,980

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 $598/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 52 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.

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.

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 $6,229 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    81 Vera Street, Vaughan — $1,495,000 | Battaglia Team