8408 Islington Avenue, Vaughan, ON

Islington Woods, Vaughan · MLS® N13434560

$1,599,999
For Sale
Listed 129 days agoNo offer date statedSitting longer than typical
5Bedrooms
3Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Welcome To 8408 Islington Ave.
  • This Majestic Home Boasts Over 4000 Sq.
  • Custom Built With 5 Large Bedrooms With Huge Foyer Open To Above And Having An Unspoiled Basement.
  • Den + Main Floor Laundry Room + Shower In Main Floor Washroom, Huge Primary Room With Walk In Closet An Ensuite.
  • Church, Schools, Shopping Close To Market Lane, Boyd Park, All Highways, And Community Center.

Welcome To 8408 Islington Ave. This Majestic Home Boasts Over 4000 Sq. Ft. Custom Built With 5 Large Bedrooms With Huge Foyer Open To Above And Having An Unspoiled Basement. Ready For Your Design. Separate Living Room + Dining Room Ideal For Entertaining With Main Floor. Den + Main Floor Laundry Room + Shower In Main Floor Washroom, Huge Primary Room With Walk In Closet An Ensuite. Fantastic Value For This Sq Footage, Ceramic Floors And Hard Wood Floors Throughout. Huge Outdoor 2nd Floor Patio Over The Main Entrance. Please See Virtual Tour. House Has A Far Setback For 6 Car Parking. The Location Is Excellent With Transit At Doorsteps. Close To Every Possible Amenity. Church, Schools, Shopping Close To Market Lane, Boyd Park, All Highways, And Community Center.

Key facts

Property type
Detached, 2-Storey
MLS®
N13434560
Bedrooms
5
Bathrooms
3
Size
3500-5000 sq ft
Lot
69.73 × 152.16 ft
Cross streets
Islington south of Langstaff
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,979 / 2026
Days on market
129
Listing brokerage
SUTTON GROUP-TOWER REALTY LTD.

Rooms

Dining RoomMain4.29 × 3.96 m

hardwood floor · plaster ceiling · french doors

Bedroom 4Second3.20 × 3.20 m

hardwood floor · b/i closet · large window

Family RoomMain6.15 × 4.54 m

sunken room · brick fireplace · w/o to yard

LaundryMain3.32 × 1.18 m

Ceramic Floor

BedroomSecond4.51 × 4.26 m

hardwood floor · b/i closet · large window

KitchenMain5.63 × 4.57 m

centre island · w/o to yard · family size kitchen

Bedroom 3Second4.50 × 3.26 m

hardwood floor · b/i closet · large window

Bedroom 2Second4.26 × 3.96 m

hardwood floor · b/i closet · large window

Primary BedroomSecond8.16 × 3.99 m

hardwood floor · ensuite bath · walk-in closet(s)

Living RoomMain5.94 × 4.23 m

hardwood floor · plaster ceiling · french doors

DenMain4.26 × 3.29 m

hardwood floor · large window

FoyerMain6.88 × 5.18 m

circular room · open stairs · plaster ceiling

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Islington Woods · asking prices
$2.09Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $492/sqft; this home lists at $376/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.60MThis home2.00M1.83M2.45MThis home vs active comparables

Neighbourhood & location

Islington Woods, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

East Woodbridge
$1.50M
West Woodbridge
$1.46M
Sonoma Heights
$1.47M
Vellore Village
$1.67M
Kleinburg
$3.25M

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$7,292/mo
$302KIncome needed
5.3×Price ÷ income
$1,683Weekly cost
$28,475Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

92%mortgage
Mortgage $7,292Property tax $665Total carry $7,957

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,077per month

Mortgage amount $1,279,999 · 4.49% over 25 years

$320,000Down payment (20.0%)
$1,279,999Loan before insurance
$0CMHC premium
$7,742Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,077
Property tax
$665
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,742

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$28,475
Estimated closing costs
$28,475

Plus your down payment of $320,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,566/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$843,201Total interest paid
$2,123,201Total of all payments
Principal $1,279,999 Interest $843,201
YearPrincipalInterestBalance
1$28,564$56,364$1,251,435
2$29,861$55,067$1,221,574
3$31,217$53,711$1,190,357
4$32,634$52,294$1,157,723
5$34,116$50,812$1,123,607
6$35,665$49,263$1,087,942
7$37,284$47,644$1,050,658
8$38,977$45,951$1,011,680
9$40,747$44,181$970,934
10$42,597$42,331$928,337
11$44,531$40,397$883,806
12$46,553$38,375$837,253
13$48,667$36,261$788,586
14$50,876$34,052$737,710
15$53,186$31,742$684,524
16$55,601$29,327$628,923
17$58,126$26,802$570,797
18$60,765$24,163$510,032
19$63,524$21,404$446,508
20$66,408$18,520$380,101
21$69,423$15,505$310,677
22$72,575$12,353$238,102
23$75,870$9,058$162,232
24$79,315$5,613$82,916
25$82,916$2,012$0

At the end of your 5-year term

Total paid over the term
$424,640
Principal paid down
$156,392
Interest paid
$268,248
Balance remaining
$1,123,607

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$7,350/mo
$88,200Gross annual rent
4.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $7,979− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $69,119

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-TOWER REALTY LTD.. MLS®/PropTx.

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