98 Cairnburg Place, Vaughan, ON
Islington Woods, Vaughan · MLS® N13846192
About this home
In short
- Welcome to 98 Cairnburg Place, a beautifully maintained family home in the sought-after community of Islington Woods.
- Set on a large lot with over 6,000 sq. ft. of total finished space, this original-owner property offers an exceptional combination of space, functionality, and pride...
- 98 Cairnburg Place is a Rare Opportunity in Islington Woods, and one you won't want to miss.
- Roof over garage is 1 year old.
- Hot water 3 Years Old (Owned)
Welcome to 98 Cairnburg Place, a beautifully maintained family home in the sought-after community of Islington Woods. Set on a large lot with over 6,000 sq. ft. of total finished space, this original-owner property offers an exceptional combination of space, functionality, and pride of ownership. Lovingly cared for by the same owner since day one, the home has been meticulously maintained and kept in excellent condition. The spacious layout features generous principal rooms, comfortable bedrooms, and multiple levels designed to accommodate both everyday family living and entertaining with ease. A standout feature is the walkout lower level with a dedicated in-law suite, providing an ideal setup for extended family, guests, older children, or additional private living accommodations. With direct access to the backyard, this level offers outstanding flexibility and potential for a variety of family needs. The expansive backyard provides plenty of room for outdoor entertaining, children to play, gardening, or creating your own private retreat - a rare luxury for families looking for more than just an indoor living space. Surrounded by established homes and a welcoming residential setting, the property is conveniently located near schools, parks, shopping, dining, transit and major highways, making everyday life both comfortable and convenient. This is the kind of property that photographs simply cannot fully capture. Come walk through it, experience the space, see the possibilities, and envision your family here. 98 Cairnburg Place is a Rare Opportunity in Islington Woods, and one you won't want to miss! Roof 6 years old. Roof over garage is 1 year old. Windows 5 years old. Furnace 5 years old. AC 2 years old. Hot water 3 Years Old (Owned)
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13846192
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 69 × 131 ft
- Cross streets
- Clarence St/Wycliffe Ave
- Parking
- 3 garage · 13 parking (attached)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,099 / 2026
- Days on market
- 19
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
Listed at $2,450,000. Going by how homes in Islington Woods and the wider GTA have actually closed against their asking prices (about 97%, 13 local closings in 90 days), the likely sale price is near $2.38M, if it sells. A realistic range is $2.23M to $2.68M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $2.38M, from 13 recent closings in this pocket.
The market behind the math:
About 2.1 months of inventory: 9 detached homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $576/sqft against an area asking average of $548/sqft.
- Walk-out basement apartment features. A finished walk-out basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Islington Woods basements rarely rent out (2 of 25 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Vaughan.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 13 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.83M. Condition and finishes remain an in-person call.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($576/sqft) is in line with the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 13 comparable homes that sold in Islington Woods over the past two years, from 78 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.89M, which is where my estimate comes from.
Per square foot, these ask about $431/sqft; this home lists at $576/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Vaughan: $1.43M in September 2026, down 2% from a year ago, on 1,377 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Vaughan as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.47M | 149 |
| November 2025 | $1.51M | 97 |
| December 2025 | $1.39M | 76 |
| January 2026 | $1.33M | 70 |
| February 2026 | $1.44M | 81 |
| March 2026 | $1.45M | 109 |
| April 2026 | $1.40M | 130 |
| May 2026 | $1.44M | 159 |
| June 2026 | $1.42M | 160 |
| July 2026 | $1.39M | 115 |
| August 2026 | $1.45M | 123 |
| September 2026 | $1.43M | 108 |
Neighbourhood & location
Islington Woods, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,960,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,837
- Property tax
- $675
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $11,512
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $47,725
- Estimated closing costs
- $47,725
Plus your down payment of $490,000. 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
- $650,231
- Principal paid down
- $239,476
- Interest paid
- $410,755
- Balance remaining
- $1,720,524
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
About the suite: in Islington Woods basements rarely rent out (2 of 25 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in Islington Woods signed at a median of $8,164 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,076. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.