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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® N14100686For SaleDetached

388 Vellore Park Ave

Vellore Village, Vaughan, Ontario L4H 0E5

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388 Vellore Park Ave, Vaughan, photo 1
Asking$1,499,000
Bedrooms
4+2
Bathrooms
5
Size
3,000–3,500sq ft
Per sq ft
$461at the range’s middle
Lot
39.54 x 112.02 ft
Tax a year
$7,5972026 tax year
Parking
42 built-in
Days on market
Members

The brief

About 388 Vellore Park Ave

388 Vellore Park Ave is a 4+2-bedroom, 5-bathroom detached house in Vellore Village, Vaughan, listed for sale at an asking price of $1,499,000 (MLS® N14100686).

Welcome to 388 Vellore Park Avenue in Vaughan's sought-after Vellore Village community! Offering approximately 3,274 sq. ft. above grade, plus a 1298 sq.ft of finished basement, this spacious detached home provides room for everyday family life, entertaining and working from home. The main floor features separate living and family rooms, a cozy fireplace, a private office, and a generous kitchen with extensive cabinetry and a peninsula overlooking the dining area. A walkout leads to the rear patio and fenced backyard with a covered pavilion, perfect for outdoor gatherings. Upstairs, four generously sized bedrooms offer comfort and privacy. The expansive primary retreat features a walk-in closet and a five-piece ensuite with double sinks, a corner tub and a separate shower. A second bedroom enjoys its own four-piece ensuite and walk-in closet, while the third and fourth bedrooms share a convenient Jack-and-Jill bathroom. Upper-floor laundry and an open den complete this thoughtfully designed level. The finished basement features a separate side entrance, two bedrooms, a compact kitchen, living and dining areas, and a bathroom, offering added privacy and flexibility for extended family. An attached double garage adds everyday convenience. Enjoy a well-connected location close to schools, parks, restaurants and everyday shopping, with convenient access to Highway 400, Vaughan Mills and Cortellucci Vaughan Hospital-a welcoming place to call home!Photo disclosure: Some photographs have been digitally decluttered, virtually staged or enhanced using AI. Furnishings and décor shown may differ from the property's current presentation.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$2,272/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 detached homes with 6 bedrooms for lease in Vaughan right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$7,597 / 2026
MLS® number
N14100686
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
3000-3500 sqft
Lot Size
39.54 x 112.02 ft
Listed on
Parking
2 Built-In, 4 Parking
Listing brokerage: RIGHT AT HOME REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Vellore Village
Municipality
Vaughan

Building

Size
3000-3500 sqft
Construction
Brick

Inside

Bedrooms
4+2
Bathrooms
5
Bathroom Details
1 × 2pc Main, 1 × 5pc Upper, 2 × 4pc Upper, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
Private
Garage Type
Built-In
Garage
2
Additional Parking
2
Total Parking
4

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
39.54 ft
Depth
112.02 ft
Lot Size
39.54 x 112.02 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
All stainless steel appliances, washers and dryers, and all existing light fixtures and window coverings.

Rooms

RoomSizeFeaturesLevel
Living3.74 × 5.32 mhardwood floor, California Shutters, WindowMain
Family4.04 × 5.54 mhardwood floor, Gas Fireplace, Large WindowMain
Dining3.57 × 4.18 mCombined W/Kitchen, Ceramic Floor, W/O To PatioMain
Kitchen3.83 × 5.22 mCombined W/Dining, Centre Island, Open ConceptMain
Office3.0 × 3.69 mhardwood floor, French Doors, WindowMain
Primary5.63 × 7.1 mDouble Doors, 5 Pc Ensuite, W/I ClosetUpper
2nd Br3.56 × 4.49 m4 Pc Ensuite, W/I Closet, hardwood floorUpper
3rd Br3.52 × 3.98 m4 Pc Ensuite, W/I Closet, hardwood floorUpper
4th Br4.22 × 4.75 mSemi Ensuite, Closet, hardwood floorUpper
Den2.15 × 3.44 mhardwood floor, Window, Combined W/LaundryUpper
Br3.88 × 4.0 mLaminate, Closet, WindowBsmt
2nd Br3.88 × 3.88 mLaminate, Closet, WindowBsmt
Kitchen2.31 × 2.6 mCombined W/Dining, Open Concept, Modern KitchenBsmt
Rec6.27 × 7.4 mOpen Concept, Combined W/Dining, Tile FloorBsmt

Listing history

Buy/sell history for 388 Vellore Park Ave, Vaughan, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,499,000N/AScN14100686

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $299,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$299,800
Total mortgage amount
$1,199,200
Total interest payment
$852,500
Total purchase cost
$2,351,500
Mortgage payment
$6,839/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

47%

Monthly carrying cost

$7,472
−$2,272per month
  • Rent $5,200
  • Shortfall $2,272

Rental income opens at $5,200, the median asking rent of 7 comparable homes for lease in Vaughan. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$26,455
Total land transfer tax
$26,455
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$22,455
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,499,000
$21,980
Ontario total
$26,455

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Street frontage
39.54 ft12.1 m
Depth
112.02 ft34.1 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 m2 water-supply wells recorded within 250 mGroundwater recorded about 19.5 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Alectra Utilities CorporationWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
  • No mapped wetland within 120 m120 m
  • 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 1 test or monitoring hole also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 42.7 m.250 m
  • Groundwater recorded about 19.5 m below ground nearbyThe middle water level in the well records within 500 m (17 records). It changes with the season and from spot to spot.500 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is TransCanada PipeLines Limited — MAPLE COMP STN, 2.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Alectra Utilities CorporationAt the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, Vianet. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

The market

Detached homes for sale in Vellore Village right now

For sale now
68
Median asking price
$1.7M

Middle half: $1.5M to $2M

New in 7 days
8

31 in 28 days

Price cuts
19%

13 listings

This home is asking 12% below the median.

See all homes in Vellore Village

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Maple GOGO Transit train: Barrie4.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Mary of the Angels Catholic Elementary SchoolYork CDSBCatholic · grades JK–8100 m87%Grade 6 average
Glenn Gould Public SchoolYork Region DSBPublic · grades JK–8600 m86%Grade 6 average
Johnny Lombardi Public SchoolYork Region DSBPublic · grades JK–8950 m84%Grade 6 average
ÉÉC Le-Petit-PrinceConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.9 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Tommy Douglas Secondary SchoolYork Region DSBPublic · grades 9–121.4 km68%Grade 9 math
St Jean de Brebeuf Catholic High SchoolYork CDSBCatholic · grades 9–122.3 km57%Grade 9 math
Maple High SchoolYork Region DSBPublic · grades 9–123 km73%Grade 9 math
ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.2 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Vellore Village are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record