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Listed 25 days ago

47 Velvet Crescent

East Woodbridge, Vaughan

$1,249,000

Detached|2-Storey
4 | 3 | 6
About this home

Welcome to 47 Velvet Crescent, this beautiful four-bedroom, three-bathroom, solid brick home has been owned by the same family since it was built in 1987. It has been well-maintained, but requires your personal touch to make it your forever home. Updates include a new roof in 2025 and windows and A/C were replaced in the last couple of years. The upstairs bedrooms are very generous with the main bedroom having an ensuite bath. The basement is unfinished, but has great in-law or teenager potential with tall ceilings and a separate walk-up entrance. Bring your family and your decorating ideas and make this your forever family home. Close to schools, public transportation Highway 7 and 400 for easy commute.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,267
Lot Size36.09 ft x 119.75 ft
mls© NumberN13551952
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,393
Property tax
$439
Heat allowance
$150
Housing costs
$6,982 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $249,800
25-yr amortization

Income needed

$215,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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