8026 Kipling Avenue 406, Vaughan

$768,000
8026 Kipling Avenue 406

$768,000

New
15d
Condo ApartmentApartment

8026 Kipling Avenue 406, Vaughan

Total Monthly Obligation $4,214

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
15d
Score
16
Yield
4.6%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-N13877042
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,206.65 (2026)
Maintenance-$648.54/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SECURITY REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-60/tba
Neighbourhood-West Woodbridge
Title-Residential Condo & Other

No agent assigned

Welcome to 8026 Kipling Avenue, Unit 406-an exceptional, move-in-ready 2-bedroom, 2-bathroom condominium offering 1,125 square feet of meticulously designed living space in the heart of West Woodbridge. This turnkey residence features a spacious open-concept foyer with mirrored closet doors and a desirable split-bedroom layout. Finished entirely with hardwood and ceramic flooring, the home is completely carpet-free. The well-appointed gourmet kitchen boasts granite countertops, a breakfast bar, a ceramic backsplash, and track lighting, flowing seamlessly into the expansive open-concept living and dining areas. Additional interior highlights include a large primary suite complete with a walk-in-closet and a four-piece ensuite featuring a stand-up shower and bidet. The generous second bedroom includes a walk-in closet, an additional built-in closet, and a convenient pocket door providing semi-ensuite access to the main four-piece bathroom. A dedicated, spacious laundry room includes a utility sink and extra storage space, complemented by white window shutters throughout the residence. Outdoor and additional storage amenities are equally impressive, featuring a massive 142-square-foot south-facing covered balcony (22 ft x 6.5 ft), a convenient external storage locker located on the same floor, and a rare, separate storage locker unit/cantina room situated directly behind the underground parking space (P1 #33). Situated in a prime location, the property is steps away from public transit, premier local bakeries, supermarkets (Nino D'Aversa, Cataldi, and Fortinos), Marketlane open plaza, Vaughan Mills Mall, banks, places of worship, boutique shops, scenic walking trails, parks, and major highways (400, 407, and 427).The building offers low monthly maintenance fees that include water, alongside recently renovated common areas, a front lobby, and a party room. Additional amenities include a gym, party room, guest suites, and ample visitor parking.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$614,400
Land Transfer Taxes$11,835
Legal Fees (Est.)
$
Total cash required for closing$166,935

Total Monthly Obligation

$4,214/mo
Mortgage $3,098
Monthly Loss $3,398
Principal$815
Interest$2,283
Property Tax$267
Condo Fees$649
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.7%17
10-Year IRR
8.1%
Returns Index
9.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$35,232/yr
NOI
$18,320/yr
Net Cash Flow
-$1,571/mo
Cash Margin
-53.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.7/ 100

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

Comparables

Properties near 8026 Kipling Avenue 406

Time

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Data last updated within the past 24 hours.