Re-listed 9 days ago

131 Lormel Gate, Vaughan, Ontario L4H 0C5

Detached
3 + 1
4
~1500-2000 sqft
$•••,•••
$1,368,000
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Detached
3 + 1
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market9 days

Total days on market
21 days

Estimated valueNot available

Price/Sqft$798/sqft

Monthly cost

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Description

Detached value with a rare double garage! Welcome to 131 Lormel Gate, a property that stands out in Vellore Village for its exceptional utility and versatile layout. This home offers a significant advantage over many 3 bedrooms in the area, featuring a wide 40-foot frontage and a true double garage with a 3-car driveway-providing the kind of parking and storage space that is hard to find at this price point. The interior is bright and functional, featuring a freshly painted layout with hardwood floors throughout, California shutters, and a classic oak staircase. The main floor is designed for everyday comfort, offering a separate dining room, a living room with a gas fireplace, and the added convenience of a main-floor laundry room with direct garage access. The Game Changer: A professionally finished basement with a separate entrance, second kitchen, large recreation room, and a 4-piece bath. This space offers massive potential as an in-law suite or a reliable mortgage helper to assist with monthly carrying costs. Upstairs includes a primary suite with a 5-piece ensuite and a walk-in closet, plus a dedicated open study nook perfect for a home office. Located just minutes from Hwy 400, Vaughan Mills, and local schools, this is a turnkey opportunity to own a detached home with a double garage and genuine income potential. See it today, offer anytime!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,210 SqFt(105.09 x 40.07)
Parking Spaces5
MLS ®NumberN12918640
Community NameVellore Village
Data SourceTRREB
Listing byWORLD CLASS REALTY POINT

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Finished, Sep Entrance

Main Floor

Foyer

4.49 x 2.66

Ceramic Floor / Double Doors / Closet

Powder Rm

1.22 x 1.22

Ceramic Floor / 2 Pc Bath / Window

Living

3.9 x 3.33

hardwood floor / Gas Fireplace / Open Concept

Dining

3.28 x 2.83

hardwood floor / Window / Sliding Doors


Features

Lot size: 4,210 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 3

Total parking spaces 5


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
9 days on market
history photo preview50
Listing by trreb®
Property listed by WORLD CLASS REALTY POINT, Brokerage
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Market Data - Vellore Village

Geo Zone Map ThumbnailVellore Village

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2025

19 days

2024

19 days

2023

11 days

New Listings

Past 30 days

62 listings

Compared to

2025

45 listings

2024

40 listings

2023

33 listings

Units sold

Past 30 days

15 units

Compared to

2025

20 units

2024

27 units

2023

17 units

Median Sold Price

Past 30 days

$1,300,000

Compared to

2025

$1,674,000

2024

$1,640,000

2023

$1,730,000


Population and Demographics

Overview

Total population 54141
Average household income $157,768

Age (%)

0 to 19
29%
20 to 34
18%
35 to 49
23%
50 to 64
20%
65 and plus
10%

Household composition (%)

Single family
86%
Single person
9%
Multi family
3%
Multi person
2%

Mother tongue (%)

English
54%
Italian
8%
Urdu
6%
Vietnamese
5%
Mandarin
4%
Spanish
4%
Tamil
2%
Yue (Cantonese)
2%
Russian
2%
Portuguese
1%
Punjabi (Panjabi)
1%
Arabic
1%
Others
1%

House tenancy (%)

Owners
89%
Renters
11%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget