118 Wascana Road, Vaughan

$998,000
118 Wascana Road

$998,000

New
38d
Att/Row/Townhouse3-Storey

118 Wascana Road, Vaughan

Total Monthly Obligation $4,873

Beds
4
Baths
4
Park
1
Sqft
2000-2500
DOM
38d
Score
18
Yield
4.6%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Att/Row/Townhouse
MLS® Number-N13783554
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-12.03 × 23.61 ft
Listed on site-Sep 15, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$5,671 (2025)
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-30/60
Neighbourhood-Elder Mills
Title-Residential Freehold

No agent assigned

Luxury meets lifestyle in this executive corner townhome in Urban Green by Pine Valley Estates. Offering 2,178 sqft - the largest model in the community - this residence delivers the space of a detached home with the convenience of modern townhouse living. Designed for today's lifestyle, the home features 4 spacious bedrooms, 4 bathrooms, soaring 10-foot ceilings on the main level, oversized windows that flood the interior with natural light, and an open-concept layout ideal for both everyday living and entertaining. The chef-inspired kitchen showcases premium finishes, quartz countertops, a large centre island, and seamless flow into the expansive living and dining spaces. The private primary retreat offers a walk-in closet and a spa-inspired ensuite, while the additional bedrooms provide exceptional flexibility for families, guests, or work-from-home professionals. Enjoy the added privacy and curb appeal of a premium corner lot, complete with a built-in garage, private driveway, and rough-in for an electric vehicle charger. Nestled in one of Vaughan's most sought-after new communities, you are moments from top-rated schools, parks, trails, shopping, dining, and major highways, offering the perfect balance of peaceful suburban living and urban convenience. A rare opportunity to own and enjoy one of the largest and most desirable townhome models in the community.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$4,873/mo
Mortgage $4,026
Monthly Loss $3,814
Principal$1,059
Interest$2,966
Property Tax$473
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,720/yr
NOI
$30,977/yr
Net Cash Flow
-$1,444/mo
Cash Margin
-37.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
19.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 118 Wascana Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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