48-8167 Kipling Avenue, Vaughan, ON

West Woodbridge, Vaughan · MLS® N13850376

$785,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
1000-1199Sq ft

About this home

In short

  • STYLE, SPACE & UNOBSTRUCTED VIEWS.
  • Bright, modern & move-in ready, this inviting home features a sun-filled open-concept layout, south-facing exposure, engineered hardwood floors & fresh paint throughout.
  • Renovated main floor powder room featuring automatic lighting.

STYLE, SPACE & UNOBSTRUCTED VIEWS! Welcome to #48 at Fairground Lofts - a beautifully upgraded 2 bedroom, 2 bathroom townhome that checks all the boxes! Bright, modern & move-in ready, this inviting home features a sun-filled open-concept layout, south-facing exposure, engineered hardwood floors & fresh paint throughout. The stylish kitchen steals the show with a centre island & brand-new backsplash, while the living room makes a statement with a stunning white oak slatted feature wall. Renovated main floor powder room featuring automatic lighting! Upstairs, retreat to the spacious primary suite with oversized windows & a generous walk-in closet. Step outside to your private balcony & take in unobstructed views of the Woodbridge Fairground - an incredible backdrop you'll enjoy year round! Complete with a convenient gas BBQ hookup, perfect for summer entertaining. Ideally located just steps from Woodbridge Ave, shops, restaurants, transit, highways & everyday amenities. Stylish upgrades, incredible views & an unbeatable location - this is the one you've been waiting for!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
N13850376
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Kipling Ave/Woodbridge Ave
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$433/mo
Exposure
South
Property tax
$3,275 / 2026
Days on market
18
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Living RoomMain4.04 × 6.78 m

hardwood floor · open concept · combined w/dining

Primary BedroomSecond3.02 × 4.29 m

hardwood floor · walk-in closet(s) · large window

Dining RoomMain4.04 × 6.78 m

hardwood floor · open concept · large window

KitchenMain3.71 × 2.57 m

hardwood floor · centre island · stainless steel appl

Bedroom 2Second2.77 × 3.43 m

hardwood floor · closet · large window

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

Neighbourhood & location

West Woodbridge, 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.

Vaughan Grove
$634K
Islington Woods
$649K
East Woodbridge
$790K
Sonoma Heights
$689K
Vaughan Corporate Centre
$704K

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
$3,578/mo
$156KIncome needed
5.0×Price ÷ income
$826Weekly cost
$12,175Land 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.

84%mortgage
Mortgage $3,578Property tax $273Condo fee $433Total carry $4,284

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,472per month

Mortgage amount $628,000 · 4.49% over 25 years

$157,000Down payment (20.0%)
$628,000Loan before insurance
$0CMHC premium
$4,178Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,472
Property tax
$273
Condo / maintenance fees
$433
Heating
$0
Estimated monthly cost
$4,178

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

One-time closing costs

Ontario land transfer tax
$12,175
Estimated closing costs
$12,175

Plus your down payment of $157,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,203/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

$413,696Total interest paid
$1,041,696Total of all payments
Principal $628,000 Interest $413,696
YearPrincipalInterestBalance
1$14,014$27,654$613,986
2$14,651$27,017$599,335
3$15,316$26,352$584,019
4$16,011$25,657$568,008
5$16,738$24,930$551,270
6$17,498$24,170$533,772
7$18,293$23,375$515,479
8$19,123$22,545$496,356
9$19,991$21,676$476,365
10$20,899$20,769$455,465
11$21,848$19,820$433,617
12$22,840$18,828$410,777
13$23,877$17,791$386,900
14$24,961$16,707$361,939
15$26,095$15,573$335,845
16$27,279$14,389$308,565
17$28,518$13,150$280,047
18$29,813$11,855$250,235
19$31,166$10,501$219,068
20$32,581$9,086$186,487
21$34,061$7,607$152,426
22$35,607$6,061$116,819
23$37,224$4,444$79,595
24$38,914$2,754$40,681
25$40,681$987$0

At the end of your 5-year term

Total paid over the term
$208,339
Principal paid down
$76,730
Interest paid
$131,609
Balance remaining
$551,270

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$3,400/mo
$40,800Gross annual rent
3.5%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.

5.2%
Gross yield
− Property tax $3,275− Condo fees $5,199− Insurance $600− Vacancy & upkeep $4,488Net operating income $27,238

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.

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