40 Islington Woods Court, Vaughan, ON
Islington Woods, Vaughan · MLS® N13839134
About this home
In short
- 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.
- 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...
- 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...
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. .
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13839134
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 2000-2500 sq ft
- Lot
- 46 × 130 ft
- Cross streets
- Islington/Rutherford
- Parking
- 2 garage · 6 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,887 / 2026
- Days on market
- 20
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
hardwood floor · cathedral ceiling(s) · combined w/dining
hardwood floor · gas fireplace · b/i shelves
broadloom · closet · large window
quartz counter · b/i oven · b/i dishwasher
stainless steel appl · renovated · w/o to yard
renovated · w/o to garage · w/o to yard
renovated · 2 pc bath · b/i shelves
broadloom · closet · large window
broadloom · closet · large window
broadloom · walk-in closet(s) · 5 pc ensuite
hardwood floor · open concept · combined w/living
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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 $716/sqft; this home lists at $667/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
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Islington Woods, Vaughan, ON
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Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.
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Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,199,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,635
- Property tax
- $574
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,208
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $26,473
- Estimated closing costs
- $26,473
Plus your down payment of $299,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $398,074
- Principal paid down
- $146,608
- Interest paid
- $251,466
- Balance remaining
- $1,053,312
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.