8 Lester B Pearson Street, Vaughan

$2,799,000
8 Lester B Pearson Street

$2,799,000

New
17d
DetachedBungalow

8 Lester B Pearson Street, Vaughan

Total Monthly Obligation $12,260

Beds
3
Baths
2
Park
5
Sqft
1100-1500
DOM
17d
Score
13
Yield
1.6%
Cash on Cash
-15.5%
Cap Rate
1.3%
5Y IRR
3.6%
10Y IRR
5.4%
Property Type-Detached
MLS® Number-N13868230
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-76.88 × 208.68 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,132.54 (2026)
Parking-5 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FINE LIVING REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Stone
Sewer-Sewer
Possession-TBD
Neighbourhood-Kleinburg
Title-Residential Freehold

No agent assigned

Welcome to 8 Lester B. Pearson Street, located in the heart of prestigious Kleinburg Village. Perfectly positioned just steps from Kleinburg's renowned restaurants, boutique shops, cafés, trails, schools, and everyday amenities, this exceptional property offers a rare combination of lifestyle, privacy, and future potential. Set on an oversized lot with 76.9 feet of frontage and an impressive 208.7 foot depth. The property provides exceptional space and long-term upside for end users, builders, and investors alike. The existing home is move-in ready and features a charming 3-bedroom bungalow layout, 2 bathrooms, spacious principal rooms, a finished basement, ample parking, and remarkable privacy overlooking a serene setting. Adding to the property's appeal, approved plans are in place for a custom residence, with building permits ready to be issued and Heritage Foundation approval obtained. The approved design can also be modified within the existing approved building envelope without requiring a new municipal submission, providing flexibility to create a home tailored to your vision. Whether you choose to enjoy the existing residence, lease it, expand, or move forward with the approved custom-home plans, opportunities of this calibre in the heart of Kleinburg Village are exceptionally rare. Enjoy convenient access to Highways 427, 400, and 407, while being minutes from the McMichael Canadian ArtCollection, Copper Creek Golf Club, and Cortellucci Vaughan Hospital. A premium lot, approved custom-home plans, an existing move-in-ready residence, and an irreplaceable Kleinburg Village location - this is an opportunity you do not want to miss!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,239,200
Land Transfer Taxes$56,450
Legal Fees (Est.)
$
Total cash required for closing$617,750

Total Monthly Obligation

$12,260/mo
Mortgage $11,290
Monthly Loss $9,289
Principal$2,971
Interest$8,319
Property Tax$594
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.0%8
Cash-on-Cash
-17.7%0
5-Year IRR
1.7%4
10-Year IRR
4.2%
Returns Index
3.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$45,000/yr
NOI
$28,867/yr
Net Cash Flow
-$8,885/mo
Cash Margin
-236.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.212
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
11.5/ 100

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

Comparables

Properties near 8 Lester B Pearson Street

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.