304-245 Pine Grove Road, Vaughan, ON

Islington Woods, Vaughan · MLS® N13670814

$689,900
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
2Garage
800-899Sq ft

About this home

In short

  • Welcome to the highly sought after Pine Grove on the Humber boutique low-rise condominium in the heart of Woodbridge.
  • This pristine 845 sq ft top floor unit offers a perfect blend of quiet luxury and natural beauty, featuring soaring 9 foot ceilings that flood the space with an...
  • Step out onto the private balcony and take in breathtaking views of the serene Humber River ravine -- a peaceful retreat from busy city life.
  • The functional open-concept floor plan features a spacious living/dining area, a well-proportioned bedroom layout, and a functional kitchen equipped with stainless...
  • Enjoy the best of both worlds with serene, private ravine living just steps from public transit, schools, and places of worship.

Welcome to the highly sought after Pine Grove on the Humber boutique low-rise condominium in the heart of Woodbridge. This pristine 845 sq ft top floor unit offers a perfect blend of quiet luxury and natural beauty, featuring soaring 9 foot ceilings that flood the space with an abundance of natural light. Step out onto the private balcony and take in breathtaking views of the serene Humber River ravine -- a peaceful retreat from busy city life. The functional open-concept floor plan features a spacious living/dining area, a well-proportioned bedroom layout, and a functional kitchen equipped with stainless steel appliances. The property comes with two side-by-side underground parking spaces, a storage locker, and a gas hookup on the balcony, perfect for a natural gas BBQ. Unbeatable Location! Enjoy the best of both worlds with serene, private ravine living just steps from public transit, schools, and places of worship. Ideally situated just a short drive from historic Market Lane, charming local boutiques, restaurants, cafés, grocery stores and major highways. A truly exceptional setting that combines privacy, convenience, and easy access to everything you need.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13670814
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
ISLINGTON/LANGSTAFF
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster), Brick
Maintenance
$656/mo
Exposure
East
Property tax
$2,997 / 2026
Days on market
67
Listing brokerage
INTERCITY REALTY INC.

Rooms

Dining RoomFlat2.52 × 2.28 m

Combined w/Living

Bedroom 2Flat3.04 × 3.20 m

Large Window

Living RoomFlat4.43 × 2.95 m

w/o to balcony · overlooks ravine · combined w/dining

KitchenFlat2.77 × 2.28 m

breakfast bar · stainless steel appl · backsplash

Primary BedroomFlat4.75 × 3.10 m

w/o to balcony · overlooks ravine · 4 pc ensuite

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
$687kavg 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 $784/sqft; this home lists at $812/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
690kThis home798k689k560k700kThis 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.

West Woodbridge
$745K
Vaughan Corporate Centre
$485K
Concord
$563K
Vellore Village
$500K
Maple
$600K

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
$3,144/mo
$143KIncome needed
4.8×Price ÷ income
$726Weekly cost
$10,273Land 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 $3,144Property tax $250Condo fee $656Total carry $4,051

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)
$3,052per month

Mortgage amount $551,920 · 4.49% over 25 years

$137,980Down payment (20.0%)
$551,920Loan before insurance
$0CMHC premium
$3,957Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,052
Property tax
$250
Condo / maintenance fees
$656
Heating
$0
Estimated monthly cost
$3,957

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

One-time closing costs

Ontario land transfer tax
$10,273
Estimated closing costs
$10,273

Plus your down payment of $137,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,694/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

$363,578Total interest paid
$915,498Total of all payments
Principal $551,920 Interest $363,578
YearPrincipalInterestBalance
1$12,317$24,303$539,603
2$12,876$23,744$526,728
3$13,460$23,160$513,267
4$14,071$22,548$499,196
5$14,710$21,910$484,486
6$15,378$21,242$469,107
7$16,077$20,543$453,031
8$16,806$19,813$436,224
9$17,570$19,050$418,655
10$18,367$18,253$400,287
11$19,201$17,419$381,086
12$20,073$16,547$361,013
13$20,984$15,635$340,029
14$21,937$14,683$318,091
15$22,933$13,687$295,158
16$23,975$12,645$271,184
17$25,063$11,557$246,121
18$26,201$10,419$219,920
19$27,391$9,229$192,529
20$28,634$7,986$163,895
21$29,934$6,686$133,960
22$31,294$5,326$102,667
23$32,714$3,906$69,952
24$34,200$2,420$35,753
25$35,753$867$0

At the end of your 5-year term

Total paid over the term
$183,100
Principal paid down
$67,434
Interest paid
$115,665
Balance remaining
$484,486

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$2,700/mo
$32,400Gross annual rent
2.5%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.

4.7%
Gross yield
− Property tax $2,997− Condo fees $7,877− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,362

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

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