196 Pine Grove Road 3, Vaughan

$673,000
196 Pine Grove Road 3

$673,000

New
28d
Condo Townhouse3-Storey

196 Pine Grove Road 3, Vaughan

Total Monthly Obligation $3,661

Beds
2
Baths
3
Park
1
Sqft
1000-1199
DOM
28d
Score
18
Yield
5.2%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Townhouse
MLS® Number-N13828690
Beds-2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,531.55 (2025)
Maintenance-$451.63/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-Flexible
Neighbourhood-Islington Woods
Title-Residential Condo & Other

No agent assigned

Step into this immaculate luxury stacked townhome, where modern design meets effortless living. This bright end-unit offers 2 bedrooms and 3 bathrooms, with a thoughtfully designed layout filled with natural light from multiple exposures. A private ground-level entrance and staircase lead up to the elevated main living level, bringing with it some great advantages. The two-door entry creates an added buffer from outdoor temperatures, helping to minimize drafts in the winter and heat in the summer, while the elevated living space offers greater privacy and security, less street-level noise, no neighbours above, better views and plenty of natural light. Enjoy serene sunrise views over the trees from your private balcony, while the open-concept living space, enhanced with pot lights, creates the perfect setting for relaxing and entertaining. The kitchen is beautifully finished with granite countertops, stainless steel appliances and a built-in bar that elevates everyday living. The primary suite offers a refined retreat, complete with a sleek 3-piece ensuite featuring a frameless glass shower and custom closet organizers for added functionality. With dual exposure and an end-unit position, this home feels open, airy and inviting throughout. Situated in a highly desirable Woodbridge community, you're just minutes to major highways, transit, shopping and dining, offering the perfect balance of convenience and lifestyle. Includes 2 lockers, 1 underground parking space and visitor parking for added convenience. Additional parking spot available for rent. A turnkey opportunity for those seeking low-maintenance luxury in one of Vaughan's most sought-after neighbourhoods!

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$
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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$538,400
Land Transfer Taxes$9,935
Legal Fees (Est.)
$
Total cash required for closing$146,035

Total Monthly Obligation

$3,661/mo
Mortgage $2,715
Monthly Loss $2,946
Principal$714
Interest$2,000
Property Tax$294
Condo Fees$452
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.1/ 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
$34,764/yr
NOI
$19,936/yr
Net Cash Flow
-$1,053/mo
Cash Margin
-36.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.7/ 100

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

Comparables

Properties near 196 Pine Grove Road 3

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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Data last updated within the past 24 hours.