583 Velmar Drive, Vaughan, ON

$1,598,800
MLS#:N10423500
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6 beds
5 baths
3500-5000 sqft
6.0 parking
Residential Freehold
Sold property - 6 Bed, 5 Bath Home at 583 Velmar Drive Vaughan ON listed at $1,598,800 (MLS# N10423500) - Main View
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This property was sold on November 22, 2024. Listing is for reference only.
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Added:Nov 14, 2024(672 days ago)
Updated:Nov 22, 2024(664 days ago)
Last Checked:5 minutes ago

Property Highlights

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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of East Woodbridge. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,598,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 6 Bedrooms and 5 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 59.12 x 137.94 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free, Bar Fridge, Built-In Oven
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Weston Downs prestigious and in demand location featuring aprox. 4000 sqft above grade plus aprox. 2000 sqft finished basement apartment for a total of aprox. 6000 sqft of luxury living space. This home has been renovated on main and second floors with new hardwood floors, smooth ceilings, pot lights. crown moldings, new custom kitchen with oversized central island, new bathrooms, primary bedroom features a dream 6 pc ensuit bath with sauna and huge walk-in closets with custom organizers, Circular oak stairs open to basement with iron pickets, smart and functional floor plan, steps to plaza, school, transit, park and more, minutes to 407 and 400 highways, close to subway and Vaughan mills mall.

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Property Summary

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This detached home located at 583 Velmar Drive, Vaughan is currently for sale and has been available on SousaSells for 672 days. This property is listed at $1,598,800 with an estimated mortgage of $5,322* per month. It has 6 beds, 5 bathrooms, and is 3500-5000 square feet. 583 Velmar Drive, Vaughan is in the East Woodbridge neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 6 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in East Woodbridge, Vaughan.

Highly Recommended for Families
What We Love About This Home
  • •6 spacious bedroom layout offering versatile living space
  • •5 well-appointed bathrooms
  • •3500-5000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in East Woodbridge, Vaughan.

Target Buyer Match

Key Features

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Bedrooms
6
Bathrooms
5
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

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StatusSold
Sold DateNovember 22, 2024
Sold price information is available to members only
AddedNov 14, 2024 (672 days ago)
UpdatedNov 22, 2024 (664 days ago)
Last Checked5 minutes ago
Transaction TypeFor Sale
List Office NameHOMELIFE/BAYVIEW REALTY INC.

Property Details

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Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size59.12 × 137.94 Feet
CountyYork
Annual Tax$8,494.28
Rental ItemsHWT
Legal DescriptionPlan 65 M2701, Lot 58

Parking & Garage

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Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

None listed

Interior Features

  • Carpet Free
  • Bar Fridge
  • Built-In Oven
  • In-Law Capability
  • Sauna

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Vaughan Homeowner & Seller AdvisoryVerified Sold Comp

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This property at 583 Velmar Drive, Vaughan, ON has closed. If you own a home on this street or nearby in Vaughan, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 583 Velmar Drive, Vaughan, ON

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Q.What is the asking price for 583 Velmar Drive, Vaughan, ON ?

The current listing price for 583 Velmar Drive, Vaughan, ON in East Woodbridge, Vaughan is $1,598,800.

Q.How many bedrooms and bathrooms does this property have?

This property features 6 bedrooms and 5 bathrooms across approximately 3500-5000 sqft.

Q.What property type and architectural style is 583 Velmar Drive, Vaughan, ON ?

583 Velmar Drive, Vaughan, ON is a Detached (2-Storey) featuring a Finished, Separate Entrance basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Bar Fridge, Built-In Oven, In-Law Capability, Sauna.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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583 Velmar Drive, Vaughan, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

East Woodbridge, Vaughan

SAFETY RATING9.3 / 10
Low Incident Area
Total Annual Incidents115 incidents / yr
Average Per Month9.6 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

24 assaults (45.0/100k)

Property Security
Low

22 B&E (40.0/100k)

Auto Theft Risk
Low Risk

41 thefts (45.0/100k)

1-Year Trend
â–¼ 5.5%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: York Regional Police (YRP) Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 583 Velmar Drive, Vaughan, ON L4L 8H7

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Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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East Woodbridge, Vaughan Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East Woodbridge, Vaughan.

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$2,270,813

People & Families

Age Distribution

Household Composition

One-person households
15%
Families with children
52%
Couples without children
28%
Other households
5%

Top Ethnic Origins

Italian35%
Canadian10%
Russian8%
Chinese6%

Best Schools in East Woodbridge, Vaughan

Elementary Schools

St Michael the Archangel
Public161 Via Campanile, Vaughan, Ontario, L4H 3J8
7.1
Pierre Berton
Public470 Via Campanile, Vaughan, Ontario, L4H 0X9
8.2

Secondary Schools

No secondary schools data loaded.

East Woodbridge, Vaughan Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied86%
Rented14%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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