198 Venice Gate Drive, Vaughan, ON

$1,250,000
MLS#:N9054410
4 beds
4 baths
3.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 2, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Vellore Village. Expertly crafted featuring premium brick front and aluminum siding construction, this residence presents an exceptional opportunity offered at $1,250,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Premium 19.67 x 104.99 ft lot size
  • Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Storage, Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

198 Venice Gate Drive is a testament to Comfort living With Just Over 2900Sqft of Living Space. Boasting 3+1 bedrooms and 4 bathrooms, this home offers the spaciousness of a detached property in the area. The unique layout allows for generously sized rooms, including a large finished basement, perfect for a recreational room or a children's play area, With It's Own Renovated Bathroom With Shower. The primary bedroom is fit for royalty, complete with a sitting area and a 4-piece bathroom for your convenience. Main Floor Is Nicely Bright And Is Nicely Divided Into Different Sections Providing Privacy and Good Symmetry To The House. It Has A Lovely Powder Room For Guests, Formal Dinning Room, Kitchen With A Breakfast Nook, And a Formal Living Room With A Walkout To the Backyard. The Charming Backyard Provides A Retreat For Relaxation And Entertaining With Family & Friends. Conveniently located just a 4-min drive to the SmartCentre Vaughan Plaza for all your Restaurant & shopping needs, and within walking distance to St Mary Of Angels & Glenn Gould Elementary Schools. With the nearest hospital a 7-min drive and easy access to Highway 400, this is truly prime real estate. Come and experience your next new home!

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Property Summary

This townhouse located at 198 Venice Gate Drive, Vaughan is currently for sale and has been available on SousaSells for 721 days. This property is listed at $1,250,000 with an estimated mortgage of $4,161* per month. It has 4 beds, 4 bathrooms, and is unknown square feet. 198 Venice Gate 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
4
Bathrooms
4
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 2, 2024
Sold price information is available to members only
Listed Date7/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick Front, Aluminum Siding
BasementFinished, Full
Lot Size19.67 × 104.99 Feet
CountyYork
Annual Tax$4,796.14
Legal DescriptionPT BLK 127 PL 65M3899 PTS 26 & 27, 65R29338; T/W ROW OVER PT BLK 127 PL 65M3899 PT 25, 65R29338 AS IN YR921733 AND PTS 29 & 30, 65R29338 AS IN YR921964. S/T ROW OVER PT 27 IN FAVOUR OF PT BLK 127 PL65M3899 PTS 24 & 25, 65R29338 AS IN YR921733 CITY OF VAUG

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Storage, Water Heater

Security Features

Community Features

Virtual Tours

Location

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198 Venice Gate 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 198 Venice Gate Drive, Vaughan, ON L4H 0E9

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$375,000 (30.0%)
* Minimum Canadian down payment required for this price is $250,000.
Amortization Period30 Years
Estimated Monthly Payment$4,161Based on a loan of $875,000 over 30 years.
Purchase Price$1,250,000
Loan Amount$875,000
Provincial Land Transfer Tax:$21,475
Total Estimated Closing Taxes:$21,475

About Purchasing a Home in Vaughan, ON

For a property listed at $1,250,000 in Vaughan, the legal minimum down payment is $250,000 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 $21,475 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 $21,475.

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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.