219-8302 Islington Avenue, Vaughan, ON

Islington Woods, Vaughan · MLS® N13534892

$559,999
For Sale
Listed 105 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to Beautiful Vero Boutique by Fernbrook, an intimate 5-storey building with just 86 suites, ideally located steps to the Village of Old Woodbridge, Market...
  • This bright and elegant 2nd-floor suite offers 712 sq.ft. including a private balcony, 9' ceilings, and an east-facing exposure.
  • Featuring 1 bedroom plus a versatile den that can easily be used as a second bedroom or home office.
  • The open-concept layout includes an upgraded kitchen with granite countertops, backsplash,full-size stainless steel appliances, breakfast bar, and pantry.
  • Includes 1 parking space and 1 locker.

Welcome to Beautiful Vero Boutique by Fernbrook, an intimate 5-storey building with just 86 suites, ideally located steps to the Village of Old Woodbridge, Market Lane, shops,restaurants, cafés, and scenic trails. This bright and elegant 2nd-floor suite offers 712 sq.ft. including a private balcony, 9' ceilings, and an east-facing exposure. Featuring 1 bedroom plus a versatile den that can easily be used as a second bedroom or home office. The open-concept layout includes an upgraded kitchen with granite countertops, backsplash,full-size stainless steel appliances, breakfast bar, and pantry. Immaculately maintained withample storage throughout. Includes 1 parking space and 1 locker. Enjoy boutique condo living with visitor parking, fitness centre, party room, rooftop terrace, garden, and BBQs permitted.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13534892
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Islington/Willis
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$506/mo
Exposure
East
Property tax
$2,506 / 2026
Days on market
105
Listing brokerage
CENTURY 21 PROPERTY ZONE REALTY INC.

Rooms

Living RoomMain5.50 × 3.20 m

combined w/dining · hardwood floor · w/o to balcony

KitchenMain3.10 × 2.20 m

ceramic floor · stainless steel appl · breakfast bar

Dining RoomMain5.50 × 3.20 m

combined w/living · hardwood floor

BedroomMain3.40 × 3.10 m

hardwood floor · b/i closet · bay window

DenMain3.10 × 2.60 m

hardwood floor · b/i closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

Islington Woods, Vaughan, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,552/mo
$117KIncome needed
4.8×Price ÷ income
$589Weekly cost
$7,675Land 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.

78%mortgage
Mortgage $2,552Property tax $209Condo fee $506Total carry $3,267

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%
$
%
4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$2,477per month

Mortgage amount $447,999 · 4.49% over 25 years

$112,000Down payment (20.0%)
$447,999Loan before insurance
$0CMHC premium
$3,192Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,477
Property tax
$209
Condo / maintenance fees
$506
Heating
$0
Estimated monthly cost
$3,192

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

One-time closing costs

Ontario land transfer tax
$7,675
Estimated closing costs
$7,675

Plus your down payment of $112,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,998/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

$295,120Total interest paid
$743,119Total of all payments
Principal $447,999 Interest $295,120
YearPrincipalInterestBalance
1$9,997$19,727$438,002
2$10,451$19,273$427,550
3$10,926$18,799$416,625
4$11,422$18,303$405,203
5$11,941$17,784$393,262
6$12,483$17,242$380,779
7$13,049$16,675$367,730
8$13,642$16,083$354,088
9$14,261$15,463$339,826
10$14,909$14,816$324,917
11$15,586$14,139$309,332
12$16,293$13,431$293,038
13$17,033$12,691$276,005
14$17,807$11,918$258,198
15$18,615$11,110$239,583
16$19,460$10,264$220,123
17$20,344$9,381$199,779
18$21,268$8,457$178,511
19$22,233$7,491$156,278
20$23,243$6,482$133,035
21$24,298$5,427$108,737
22$25,401$4,323$83,336
23$26,555$3,170$56,781
24$27,760$1,964$29,021
25$29,021$704$0

At the end of your 5-year term

Total paid over the term
$148,624
Principal paid down
$54,737
Interest paid
$93,887
Balance remaining
$393,262

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$2,400/mo
$28,800Gross annual rent
2.9%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.

5.1%
Gross yield
− Property tax $2,506− Condo fees $6,072− Insurance $600− Vacancy & upkeep $3,168Net operating income $16,454

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC.. MLS®/PropTx.

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