238 Bourbon Street, Vaughan

$1,999,000
238 Bourbon Street

$1,999,000

New
23d
DetachedBungalow

238 Bourbon Street, Vaughan

Total Monthly Obligation $9,182

Beds
3
Baths
4
Park
4
Sqft
2500-3000
DOM
23d
Score
14
Yield
3.0%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-N13844022
Beds-3
Bathrooms-4
Size-2500-3000 sqft
Lot Size-39.93 × 154.62 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,923.54 (2026)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Electric)
Brokerage-WEISS REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Rec Room
Pool-None
Facing-North
Exterior-Brick
Roof-Tile, Other
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-East Woodbridge
Title-Residential Freehold

No agent assigned

Nestled in the highly sought-after Weston Downs community, this exceptional 2,700-square-foot estate bungalow offers a rare combination of luxury, privacy, and timeless design. Situated on an extraordinary pie-shaped lot of more than one-third of an acre, the property is surrounded by an architectural masonry wall that creates a true private retreat while enhancing its distinguished backyard appeal.Thoughtfully designed for both comfortable family living and effortless entertaining, the home features spacious principal rooms filled with natural light, including a generous family room, elegant formal living and dining areas, and a well-appointed kitchen. Three sizeable bedrooms and four bathrooms provide ample space, highlighted by a luxurious and substantial primary suite with a walk-in closet and spa-inspired five-piece ensuite. A private side entrance leads to an expansive lower level of potential living space, offering exceptional flexibility for extended family living, recreation spaces, home gym, or potential in-law suite.The sprawling backyard is a standout feature, offering endless possibilities to create your dream outdoor oasis-whether that includes a swimming pool, cabana, tennis court, garden suite, or custom entertainment space. Showcasing brick masonry craftsmanship, a durable Marley roof, exceptional curb appeal and an unparalleled setting in one of Vaughan's most coveted neighbourhoods, this remarkable legacy property offers a rare opportunity to enjoy estate-style living with exceptional space, privacy, and future potential.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,599,200
Land Transfer Taxes$36,455
Legal Fees (Est.)
$
Total cash required for closing$437,755

Total Monthly Obligation

$9,182/mo
Mortgage $8,063
Monthly Loss $7,060
Principal$2,122
Interest$5,942
Property Tax$744
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.2%12
10-Year IRR
6.9%
Returns Index
7.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$59,760/yr
NOI
$40,360/yr
Net Cash Flow
-$4,700/mo
Cash Margin
-94.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo17
Risk Index
13.1/ 100

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

Comparables

Properties near 238 Bourbon Street

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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