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New1 day ago

40 Islington Woods Court

Islington Woods, Vaughan

$1,499,900

Detached|2-Storey
4 | 4 | 6
About this home

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. .

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,887
Lot Size46 ft x 130 ft
mls© NumberN13839134
Listed ByRE/MAX PREMIER INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,677
Property tax
$574
Heat allowance
$150
Housing costs
$8,401 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $299,980
25-yr amortization

Income needed

$258,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$299,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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