198 Pine Grove Road 06, Vaughan

$649,000
198 Pine Grove Road 06

$649,000

New
32d
Condo TownhouseStacked Townhouse

198 Pine Grove Road 06, Vaughan

Total Monthly Obligation $3,522

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
32d
Score
17
Yield
4.6%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.3%
Property Type-Condo Townhouse
MLS® Number-N13811474
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 21, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$3,172.54 (2025)
Maintenance-$439.54/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE ELITE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Front, Stone
Possession-IMMEDIATE. TBA
Neighbourhood-Islington Woods
Title-Residential Condo & Other

No agent assigned

Why buy new construction when you can own a beautiful move-in ready home in an established community?Discover this stunning Bungalow Style suite overlooking Greenspace in the heart of Woodbridge.This exquisitely designed residence is freshly painted and features 9ft smooth ceilings with many potlights throughout a spacious open-concept with an abundance of natural light. Enjoy a Gourmet kitchen with Stainless Steel Fridge, Stove, Dishwasher & Microwave, Extended upper Cabinets, Backsplash, Granite Countertops and a Large Island.A tranquil primary bedroom with private ensuite, and 2 large private balconies. Located just minutes from premium shopping, dining transit, golf courses and top schools, this is a rare opportunity to experience luxury living in one of Woodbridge's most established and desirable communities. This move-in-ready home is waiting for you, dont miss this opportunity to make it yours today! 1 Storage unit and 1 underground parking space included.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,522/mo
Mortgage $2,618
Monthly Loss $2,833
Principal$689
Interest$1,929
Property Tax$264
Condo Fees$440
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$29,880/yr
NOI
$16,045/yr
Net Cash Flow
-$1,281/mo
Cash Margin
-51.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 198 Pine Grove Road 06

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.