38 Ridgepoint Road, Vaughan

$2,699,900
38 Ridgepoint Road

$2,699,900

New
7d
Detached2-Storey

38 Ridgepoint Road, Vaughan

Total Monthly Obligation $12,229

Beds
5
Baths
5
Park
4
Sqft
5000 +
DOM
7d
Score
14
Yield
2.4%
Cash on Cash
-12.6%
Cap Rate
1.9%
5Y IRR
5.7%
10Y IRR
7.0%
Property Type-Detached
MLS® Number-N14087062
Beds-5
Bathrooms-5
Size-5000 + sqft
Lot Size-60.14 × 104 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$11,558 (2026)
Parking-7 - Detached
Basement-Unfinished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Kleinburg
Title-Residential Freehold

No agent assigned

Remarkable, Luxurious Home Situated on Premium 60 Ft Lot w/Walk-Out Basement Backing onto Tranquil Ravine in Kleinburg. Welcome to this exceptional residence nestled in the prestigious Kleinburg Summit community, surrounded by lush parks, scenic trails, and nature. Situated on a premium 60-foot ravine lot, this 5 bedroom stunning home features a spacious 3-car garage and an impressive array of luxury upgrades throughout. The main floor boasts 10-foot ceilings, while the second floor feature 9-foot ceilings, creating an elegant and spacious atmosphere. Beautiful oak hardwood flooring extends throughout the main floor and loft, complemented by an oak staircase and sophisticated architectural details, including waffle ceilings in the great room, foyer and den, plus a tray ceiling in the primary bedroom. The gourmet kitchen features granite countertops, high-end appliances and a convenient morning kitchen. Spacious Family Room w/Coffered Ceilings Overlooking Ravine. Breakfast Area w/Walk Out to Large Deck. Second Floor Features Loft Space and Expansive Primary Suite w/Spa-Like Ensuite Bath and Large Dressing Room. 5 Bedrooms, Each w/Walk-In Closet and Ensuite Bathroom. Additional features include two high-efficiency furnaces, two central air-conditioning systems, ENERGY STAR construction, custom-made window coverings and blinds, and numerous quality finishes throughout. A rare opportunity to enjoy luxury, space, privacy and natural surroundings in one Kleinberg's most sought-after communities.

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

Closing Costs

Mortgage Amount
$2,159,920
Land Transfer Taxes$53,973
Legal Fees (Est.)
$
Total cash required for closing$595,453

Total Monthly Obligation

$12,229/mo
Mortgage $10,891
Monthly Loss $9,363
Principal$2,866
Interest$8,025
Property Tax$963
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.1%0
5-Year IRR
3.7%8
10-Year IRR
5.7%
Returns Index
5.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$65,556/yr
NOI
$42,942/yr
Net Cash Flow
-$7,312/mo
Cash Margin
-133.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo15
Risk Index
11.8/ 100

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

Comparables

Properties near 38 Ridgepoint Road

Time

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