For Lease
Just Listed
204 Lormel Gate Basement #Basement
Vellore Village, Vaughan, ON
$1,750
1Bd
1Ba
3,250+sqft
5Parking
40.03 x 104.99 ftlot
$1/sqft
DetachedMLS# N13549348Listed 2026-07-106 DOM
Cooling
Central Vacuum
Basement
Finished with Walk-Out
About this home
Freshly painted and beautifully renovated walkout basement apartment featuring a private separate entrance, a modern kitchen with brand-new stainless steel appliances, and stylish contemporary finishes throughout. Enjoy a spacious open-concept living and dining area, perfect for comfortable everyday living. Located on a quiet, safe residential street with parking included. Exceptional location in one of Vaughan's most desirable neighbourhoods, just minutes from shopping, schools, public transit, major highways, parks, and all essential amenities. Move-in ready and ideal for tenants seeking comfort, convenience, and quality living
RenovatedBasement AptWalkout
Rooms
Main Floor
| Breakfast | 5.00 × 2.93 m | W/O To Patio Porcelain Floor |
| Family Room | 5.00 × 3.66 m | Coffered Ceiling(s) Gas Fireplace Hardwood Floor |
| Office | 2.93 × 3.05 m | B/I Bookcase French Doors Hardwood Floor |
Second Floor
| Primary Bedroom | 9.14 × 3.96 m | 5 Pc Ensuite Hardwood Floor Walk-In Closet(s) |
| Bedroom 2 | 3.35 × 3.35 m | Semi Ensuite Hardwood Floor Large Window |
| Bedroom 3 | 4.57 × 3.35 m | Semi Ensuite Hardwood Floor |
| Bedroom 4 | 4.57 × 4.88 m | 4 Pc Ensuite Double Closet |
Basement
| Living Room | 4.20 × 2.56 m | Laminate |
| Kitchen | 4.60 × 2.93 m | Stainless Steel Appl Laminate Combined w/Dining |
| Bedroom | 3.44 × 3.96 m | Window Laminate |
| Recreation | 8.92 × 4.86 m | Laminate Pot Lights |
| Bedroom 5 | 4.31 × 3.04 m | Walk-In Closet(s) Laminate |
| Bathroom | 4.05 × 3.23 m | Laminate B/I Shelves Window |
Features
- Central Vacuum
- Apartment
- Finished with Walk-Out
- Separate Entrance
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1371.4% – 2057.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Vaughan
Days on market6 days
Buyer's MarketSeller's Market
Based on active listings in Vaughan. Data updates daily.
Demographics — Vaughan
Population
323,103
Avg Household Income
$128,000
Age Distribution
0-19
23%
20-34
18%
35-49
22%
50-64
21%
65+
16%
Ownership85% own · 15% rent
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
54
/ 100
Walk Score
Somewhat Walkable
43
/ 100
Transit Score
Some Transit
40
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.