8167 Kipling Avenue Unit 40, Vaughan

Price: $768,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13240530

This beautifully updated home has been meticulously maintained and thoughtfully upgraded throughout. Recent improvements include brand new flooring with soundproof barrier underlay, refinished staircases with high-traffic coating, custom-built accent wall with an electric fireplace, new kitchen backsplash, refreshed cabinetry with modern hardware, upgraded LED dimmer lighting, deck tile installation, and custom closet organizers in the primary bedroom. Exceptional storage solutions have been added throughout, including extended under-stair storage, custom shoe cubbies, and additional shelving in closets, laundry, and furnace rooms. All major mechanicals, including the furnace, air conditioner, and hot water tank, are owned - no rentals. The complex offers bike storage at no additional cost, convenient garbage disposal with no sorting required, and water is included in the maintenance fees. The roof was replaced in 2022. This is an incredibly well-maintained and professionally managed community, featuring strong pride of ownership throughout and a proactive long-term board of directors. Additional parking is currently rented on a month-to-month basis and may be available for future owners. Located in sought-after West Woodbridge, this home is ideally positioned to benefit from the exciting upcoming "The Valley" master-planned community, featuring a proposed 200-acre park, green space, trails, recreational amenities, and preservation of the area's mature tree canopy. Enjoy easy access to Vaughan Mills, Cortellucci Hospital, Market Lane, and a wide range of nearby amenities.

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active
New Listing
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$768,000 - 8167 Kipling Avenue Unit 40, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13240530
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX NOBLECORP REAL ESTATE
Description

This beautifully updated home has been meticulously maintained and thoughtfully upgraded throughout. Recent improvements include brand new flooring with soundproof barrier underlay, refinished staircases with high-traffic coating, custom-built accent wall with an electric fireplace, new kitchen backsplash, refreshed cabinetry with modern hardware, upgraded LED dimmer lighting, deck tile installation, and custom closet organizers in the primary bedroom. Exceptional storage solutions have been added throughout, including extended under-stair storage, custom shoe cubbies, and additional shelving in closets, laundry, and furnace rooms. All major mechanicals, including the furnace, air conditioner, and hot water tank, are owned - no rentals. The complex offers bike storage at no additional cost, convenient garbage disposal with no sorting required, and water is included in the maintenance fees. The roof was replaced in 2022. This is an incredibly well-maintained and professionally managed community, featuring strong pride of ownership throughout and a proactive long-term board of directors. Additional parking is currently rented on a month-to-month basis and may be available for future owners. Located in sought-after West Woodbridge, this home is ideally positioned to benefit from the exciting upcoming "The Valley" master-planned community, featuring a proposed 200-acre park, green space, trails, recreational amenities, and preservation of the area's mature tree canopy. Enjoy easy access to Vaughan Mills, Cortellucci Hospital, Market Lane, and a wide range of nearby amenities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,940.24/mo

Includes CMHC insurance ($21,427)

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5%10%50%

5-yr fixed avg.

Principal: $691,200Interest: $469,444
Mortgage Amount$712,627
Total Interest$469,444
Est. Property Tax$544/mo
Total Cost$1,182,071

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

8167 Kipling Avenue Unit 40, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$544
Insurance (est.)-$160
Net Cash Flow+$1,006

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $768/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    8167 Kipling Avenue Unit 40, Va… — $768,000 | Battaglia Team