228 Lormel Gate, Vaughan, ON

$1,488,888
MLS#:N10420919
5 beds
5 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Vellore Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,488,888 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.

  • 5 Bedrooms and 5 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 39.37 x 105.09 ft lot
  • Features a ["finished", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater, Central Vacuum
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Welcome to 228 Lormel Gate in Vaughan, a spacious and well-maintained detached home offering both comfort and investment potential. This property features three generous bedrooms on the main floor, along with 2.5 bathrooms, including a powder room and en-suite options. The bright living room boasts a stunning fireplace, creating a cozy ambiance, and leads to a walk-out deck, perfect for outdoor relaxation and entertaining. The main floor also includes convenient laundry facilities. The fully finished basement offers two additional bedrooms, two dens, and a second laundry room, providing ample space for guests, a home office, or extra storage. With its dual-basement layout, this home presents a fantastic opportunity for passive rental income, making it ideal for investors or first-time homebuyers looking to offset their mortgage. Located in a prime Vaughan neighborhood, close to schools, parks, shopping, and transit, this property combines excellent living space with investment potential. Don't miss out on this incredible opportunity schedule your private showing today!

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Key Features

Bedrooms
5
Bathrooms
5
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 16, 2025
Sold price information is available to members only
Listed Date11/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementFinished, Separate Entrance
Lot Size39.37 × 105.09 Feet
CountyYork
Annual Tax$5,625
Legal DescriptionLOT 162, PLAN 65M3898, VAUGHAN.

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Level, Park, Place Of Worship, Public Transit, School

Interior Features

Water Heater, Central Vacuum

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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228 Lormel Gate, Vaughan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 228 Lormel Gate S, Vaughan, ON L4H 0C9

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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Financial Audit

Estimated Costs

Loan Amount$1,191,110.4
Monthly Mortgage$6,921
Property Tax (Est.)$469
Utilities & Maint.$350
Total Monthly Cost$7,740

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Vaughan.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population323,103
City Median Age40.5 Yrs
City Ownership86% Owners
Avg Area List Price$1,314,412

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%

Local Schools Guide

Elementary Schools

Vellore Woods
Public115 Starling Boulevard, Vaughan, Ontario, L4H 2T9
5.9
St Veronica
Public171 Maria Antonia Road, Vaughan, Ontario, L4H 2S8
6.9
Fossil Hill
Public2 Firenza Road, Vaughan, Ontario, L4H 2P5
6.9
Guardian Angels
Public200 Lawford Road, Vaughan, Ontario, L4H 0Z5
7.7
St Agnes of Assisi
Public120 La Rocca Avenue, Vaughan, Ontario, L4H 2A9
10.0

Secondary Schools

St. Jean de Brebeuf
Catholic2 Davos Road, Vaughan, Ontario, L4H 2Y1
6.1
Tommy Douglas
Public4020 Major MacKenzie Drive West, Vaughan, Ontario, L4H 4E9
7.1
Maple
Public50 Springside Road, Maple, Vaughan, Ontario, L6A 2W5
7.6

Homes & Housing

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.