164 Mediterra Drive, Vaughan, ON

$1,928,000
MLS#:N9271163
5 beds
5 baths
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Vellore Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,928,000 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
  • Premium 40.07 x 107.46 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To 164 Mediterra Drive, A Stunning Home In The Sought-after Vellore Village. Situated On A Beautifully Landscaped 40 X 107 Ft Lot, This Home Offers 2,517 Sq.ft Of Elegant Living Space, Plus An Additional 1,224 Sq.ft In The Fully Finished Basement. The Home Is A Perfect Blend Of Luxury And Comfort, Featuring A Great Layout And High-end Upgrades Throughout. The Main Level Boasts A Custom Family-sized Kitchen With Upgraded Stainless Steel Appliances, An Oversized Island, Upgraded Porcelain Tiles, And Pot Lights, Combined With Bright Breakfast Area With A Walkout To The Beautifully Landscaped Backyard, Perfect For Family Gatherings And Outdoor Entertaining.The Family Room Features A Custom Gas Fireplace, Coffered Ceilings, And Hardwood Flooring. Adjacent To The Family Room Is A Formal Dining Room.The Large Primary Bedroom Is A Private Retreat, Featuring Two Walk-in Closets With Custom Organizers, Hardwood Flooring, And A Luxurious 5-piece Ensuite. The Second Bedroom Offers A 4-piece Ensuite And A Walk-in Closet, While The Third And Fourth Bedrooms Share A Jack And Jill 4-piece Bathroom, All With Hardwood Floors And Large Windows.The Fully Finished Basement Extends The Living Space With Upgraded Laminate Flooring, A Full Wet Bar, A 4-piece Bathroom, And An Office That Can Double As An Additional Bedroom. The Spacious Backyard Is A Tranquil Oasis, Featuring Interlocking Stonework And Lush Greenery, Ideal For Relaxation And Outdoor Activities.This Home Is Truly Turnkey, With Meticulous Landscaping And Premium Finishes Throughout. Located Close To Top Schools, Parks, Shopping, And Major Highways, 164 Mediterra Drive Offers A Perfect Balance Of Luxury, Comfort, And Convenience!

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Property Summary

This detached home located at 164 Mediterra Drive, Vaughan is currently for sale and has been available on SousaSells for 687 days. This property is listed at $1,928,000 with an estimated mortgage of $6,418* per month. It has 5 beds, 5 bathrooms, and is unknown square feet. 164 Mediterra Drive, Vaughan is in the Vellore Village neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
5
Bathrooms
5
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 3, 2024
Sold price information is available to members only
Listed Date8/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size40.07 × 107.46 Feet
CountyYork
Annual Tax$6,666.94
Legal DescriptionLOT 69, PLAN 65M4138, T/W ROW OVER PT 2, 65R22885, AS IN VA57519. SUBJECT TO AN EASEMENT FOR ENTRY AS IN YR145 9776 CITY OF VAUGHAN

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

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Location

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164 Mediterra Drive, 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 164 Mediterra Drive, Vaughan, ON L4H 0W8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Vaughan.

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Interest Rate4.00%
Down Payment$578,400 (30.0%)
* Minimum Canadian down payment required for this price is $385,600.
Amortization Period30 Years
Estimated Monthly Payment$6,418Based on a loan of $1,349,600 over 30 years.
Purchase Price$1,928,000
Loan Amount$1,349,600
Provincial Land Transfer Tax:$35,035
Total Estimated Closing Taxes:$35,035

About Purchasing a Home in Vaughan, ON

For a property listed at $1,928,000 in Vaughan, the legal minimum down payment is $385,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $35,035 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $35,035.

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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$1,437,427

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

Guardian Angels
Public200 Lawford Road, Vaughan, Ontario, L4H 0Z5
7.7
Pierre Berton
Public470 Via Campanile, Vaughan, Ontario, L4H 0X9
8.2
Glenn Gould
Public675 Vellore Park Avenue, Vaughan, Ontario, L4H 2G1
6.7
St Michael the Archangel
Public161 Via Campanile, Vaughan, Ontario, L4H 3J8
7.1
Le-Petit-Prince
Public79 Avro Road, Maple, Vaughan, Ontario, L6A 1Y3
7.2

Secondary Schools

No secondary schools data loaded.

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.