8 Lester B Pearson Street, Vaughan, ON

Kleinburg, Vaughan · MLS® N13868230

$2,799,000
For Sale
Listed 13 days agoNo offer date stated
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3Bedrooms
2Bathrooms
5Parking
1100-1500Sq ft

About this home

In short

  • Pearson Street, located in the heart of prestigious Kleinburg Village.
  • Set on an oversized lot with 76.9 feet of frontage and an impressive 208.7 foot depth.
  • The existing home is move-in ready and features a charming 3-bedroom bungalow layout, 2 bathrooms, spacious principal rooms, a finished basement, ample parking, and...
  • Enjoy convenient access to Highways 427, 400, and 407, while being minutes from the McMichael Canadian ArtCollection, Copper Creek Golf Club, and Cortellucci Vaughan...
  • A premium lot, approved custom-home plans, an existing move-in-ready residence, and an irreplaceable Kleinburg Village location - this is an opportunity you do not...

Welcome to 8 Lester B. Pearson Street, located in the heart of prestigious Kleinburg Village. Perfectly positioned just steps from Kleinburg's renowned restaurants, boutique shops, cafés, trails, schools, and everyday amenities, this exceptional property offers a rare combination of lifestyle, privacy, and future potential. Set on an oversized lot with 76.9 feet of frontage and an impressive 208.7 foot depth. The property provides exceptional space and long-term upside for end users, builders, and investors alike. The existing home is move-in ready and features a charming 3-bedroom bungalow layout, 2 bathrooms, spacious principal rooms, a finished basement, ample parking, and remarkable privacy overlooking a serene setting. Adding to the property's appeal, approved plans are in place for a custom residence, with building permits ready to be issued and Heritage Foundation approval obtained. The approved design can also be modified within the existing approved building envelope without requiring a new municipal submission, providing flexibility to create a home tailored to your vision. Whether you choose to enjoy the existing residence, lease it, expand, or move forward with the approved custom-home plans, opportunities of this calibre in the heart of Kleinburg Village are exceptionally rare. Enjoy convenient access to Highways 427, 400, and 407, while being minutes from the McMichael Canadian ArtCollection, Copper Creek Golf Club, and Cortellucci Vaughan Hospital. A premium lot, approved custom-home plans, an existing move-in-ready residence, and an irreplaceable Kleinburg Village location - this is an opportunity you do not want to miss!

Key facts

Property type
Detached, Bungalow
MLS®
N13868230
Bedrooms
3
Bathrooms
2
Size
1100-1500 sq ft
Lot
76.88 × 208.68 ft
Cross streets
Nashville And Islington
Parking
5 parking
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete, Stone
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,133 / 2026
Days on market
13
Listing brokerage
CENTURY 21 FINE LIVING REALTY INC.

Rooms

Primary BedroomMain3.40 × 3.73 m

hardwood floor · ensuite bath · walk-in closet(s)

Bedroom 2Main4.42 × 3.28 m

hardwood floor · double closet

FoyerMain3.02 × 3.02 m

hardwood floor · staircase

Bedroom 3Main3.02 × 2.77 m

hardwood floor · double closet

Great RoomLower9.98 × 3.58 m

Laminate

Dining RoomMain4.37 × 3.58 m

hardwood floor · open concept · combined w/kitchen

KitchenMain4.37 × 3.58 m

hardwood floor · breakfast area · w/o to porch

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 Kleinburg · asking prices
$2.04Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,167/sqft; this home lists at $2,153/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.80MThis home2.00M1.19M1.18M3.80MThis home vs active comparables

Neighbourhood & location

Kleinburg, 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.

Sonoma Heights
$1.47M
Vellore Village
$1.67M
West Woodbridge
$1.45M
East Woodbridge
$1.44M
Maple
$1.63M

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
$12,757/mo
$504KIncome needed
5.5×Price ÷ income
$2,944Weekly cost
$56,450Land 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.

96%mortgage
Mortgage $12,757Property tax $594Total carry $13,351

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$12,381per month

Mortgage amount $2,239,200 · 4.49% over 25 years

$559,800Down payment (20.0%)
$2,239,200Loan before insurance
$0CMHC premium
$12,975Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,381
Property tax
$594
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,975

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

One-time closing costs

Ontario land transfer tax
$56,450
Estimated closing costs
$56,450

Plus your down payment of $559,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$14,985/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

$1,475,076Total interest paid
$3,714,276Total of all payments
Principal $2,239,200 Interest $1,475,076
YearPrincipalInterestBalance
1$49,969$98,602$2,189,231
2$52,238$96,333$2,136,992
3$54,610$93,961$2,082,382
4$57,090$91,481$2,025,293
5$59,682$88,889$1,965,611
6$62,391$86,180$1,903,220
7$65,224$83,347$1,837,995
8$68,186$80,385$1,769,810
9$71,282$77,289$1,698,528
10$74,518$74,053$1,624,010
11$77,902$70,670$1,546,108
12$81,439$67,133$1,464,670
13$85,136$63,435$1,379,534
14$89,002$59,569$1,290,532
15$93,043$55,528$1,197,489
16$97,267$51,304$1,100,222
17$101,684$46,887$998,539
18$106,300$42,271$892,238
19$111,127$37,444$781,111
20$116,172$32,399$664,939
21$121,447$27,124$543,492
22$126,961$21,610$416,530
23$132,726$15,845$283,804
24$138,752$9,819$145,052
25$145,052$3,519$0

At the end of your 5-year term

Total paid over the term
$742,855
Principal paid down
$273,589
Interest paid
$469,266
Balance remaining
$1,965,611

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$2,300/mo
$27,600Gross annual rent
0.6%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.

1.0%
Gross yield
− Property tax $7,133− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $16,031

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

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