40 Islington Woods Court, Vaughan

$1,499,900
40 Islington Woods Court

$1,499,900

New
24d
Detached2-Storey

40 Islington Woods Court, Vaughan

Total Monthly Obligation $6,999

Beds
5
Baths
4
Park
4
Sqft
2000-2500
DOM
24d
Score
15
Yield
3.5%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-N13839134
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-46 × 130 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,887.26 (2026)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-TBD
Neighbourhood-Islington Woods
Title-Residential Freehold

No agent assigned

Large, pool-sized lot near the end of a quiet, child-friendly cul-de-sac in Islington Woods. This 4-bedroom, 4-bathroom home offers 2,280 sq ft above grade plus a fully finished basement, renovated top to bottom between 2015 and 2017. The custom kitchen has two sinks, a breakfast bar, a dual fuel range, stainless steel appliances and a walkout to the deck. Custom millwork and built-in bookcases anchor the family room. Hardwood flooring and Hardwood style Ceramic on main , wainscotting on the main and upper floors, lit staircase, main-floor laundry with custom cabinetry and a 2-piece powder room. All bathrooms renovated. The primary bedroom has a walk-in closet. The basement adds a second full kitchen with built-in dishwasher, oven and fridge, a full bath, studio space and large custom built-in storage, a genuine setup for extended family under one roof. Roof 2015, AC 2015, furnace 2017. The backyard is built for entertaining: a 750 sq ft composite deck with gas line for BBQ and fire pit, a custom IPE outdoor kitchen with limestone counter, Fire Magic Aurora 790i gas BBQ with infrared burner and rotisserie, sink, fridge and storage, a 15' x 16' Douglas fir pergola with remote retractable sun canopy and LED lighting, IPE privacy screens with built-in lighting, and a lit interlock garden bed lined with skyrocket English oaks (2017-2018). Irrigation front and back, updated fencing, front entry door, garage door and opener, and exterior pot lights. Parking for six and no sidewalk to shovel. Steps to Emily Carr Secondary School, Boyd Conservation Area, the Al Palladini Community Centre, parks and amenities. .

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

Closing Costs

Mortgage Amount
$1,199,920
Land Transfer Taxes$26,473
Legal Fees (Est.)
$
Total cash required for closing$327,953

Total Monthly Obligation

$6,999/mo
Mortgage $6,050
Monthly Loss $5,407
Principal$1,592
Interest$4,458
Property Tax$574
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
6.7%17
10-Year IRR
8.0%
Returns Index
9.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$53,100/yr
NOI
$36,403/yr
Net Cash Flow
-$3,017/mo
Cash Margin
-68.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo22
Risk Index
14.9/ 100

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

Comparables

Properties near 40 Islington Woods Court

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