228 Lormel Gate S, Vaughan

$1,488,888

3 + 2 Bed, 5 Bath, 1,500 ft2, Bungalow home is located near Mackenzie/Westo in Vellore Village.

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!

228 Lormel Gate S, Vaughan is a 3 + 2 bedroom, 5 bathroom residential Bungalow detached home. 228 Lormel Gate S, Vaughan is conveniently located in the Vellore Village neighbourhood of Vaughan Ontario. 228 Lormel Gate S, Vaughan is an MLS®-Listed home with an asking price of $1,488,888. This residential property has been listed on ctfrealty.com for 1 days. The home is 16-30 years old. Based on the Listing Price of 228 Lormel Gate S, Vaughan, the estimated monthly mortgage payment would be $7,194. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 228 Lormel Gate S, Vaughan are approximately $5,625/year based on 2024 assessment.

This Bungalow detached home located at 228 Lormel Gate S, Vaughan features a Brick exterior. The lot size of this South facing property is 39.37 x 105.09 feet. The property has 2 parking spaces with 2 car Attached garage. The home has Gas fueled Forced Air heating. The living room at main level has fireplace, hardwood floor. The dining room at main level has window. The master bedroom at main level has 5 pc ensuite, hardwood floor, window. The 2nd bedroom at main level has closet, semi ensuite. The 3rd bedroom at main level has closet, hardwood floor. Features of 228 Lormel Gate S, Vaughan include hospital, level, park, place of worship, public transit, school.

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Property

  • Mortgage (est): $7,194
  • Taxes: $5,625/year
  • Square Feet: 1500-2000
  • Lot Size: 39.37 x 105.09
  • Age: Ask us

Building

  • Fronting: South
  • Exterior: Brick
  • Basement: Finished, Separate Entrance
  • Parking: 2 Space
  • Garage: Attached

Utilities

  • Heat: Forced Air
  • Hydro: Ask us
  • Gas: Included
  • Sewers: Sewers
  • Water: Municipal

Extras

  • Air Condition: Ask us

Room Size Level Features
Living Room19 x 13 (244 ft2)MainFireplace, Hardwood Floor
Dining Room19 x 13 (245 ft2)MainWindow
Master Bedroom16 x 9 (153 ft2)Main5 Pc Ensuite, Hardwood Floor, Window
2nd Bedroom12 x 11 (134 ft2)MainCloset, Semi Ensuite
3rd Bedroom14 x 12 (167 ft2)MainCloset, Hardwood Floor

 
 
 
 

Mortgage Amount:

Down Payment Amount:

Monthly Mortgage Payment:

This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%.