8302 Islington Avenue Unit 302, Vaughan

Price: $863,500

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N13420186

Enjoy summer in style with this exceptional corner residence, offering refined interior living space and an extraordinary 315 sq. ft. private terrace. Impeccably maintained, this turnkey home presents a sophisticated balance of elegant interior spaces and the beauty of its natural surroundings. The residence is thoughtfully designed around connected formal and informal areas for dining, gathering, and outdoor enjoyment. The spectacular terrace serves as a true extension of the home's livable footprint, featuring premium NewTechWood decking, elegant boxwood planters, lush mature greenery, a gas line for BBQing, and tranquil treed views reminiscent of a Muskoka retreat. Offering multiple areas for entertaining, growing flowers or veggies, or just quiet relaxation, it creates a very unique private outdoor sanctuary. The sought-after split-bedroom floor plan provides privacy. The spacious primary suite features floor-to-ceiling windows, a walk-in closet with Restoration Hardware organizers, RH drapery + sconces within the private 4-piece ensuite. Every room has been thoughtfully curated with designer white oak luxury vinyl flooring, custom mouldings, chandelier lighting, pot lights, and designer-selected finishes throughout. The updated kitchen showcases brand-new countertops, sink, touchless faucet, and backsplash, complemented by a newer stainless steel refrigerator and breakfast bar. Additional features include newer full-sized laundry appliances + fridge, two conveniently located parking spaces, dedicated locker storage, and close proximity to the elevator. Nestled within a 5-storey, impeccably maintained building surrounded by mature trees, this rarely offered terrace residence combines immediate livability with a grand indoor-outdoor lifestyle, only moments from area shopping, dining, services, and the broader amenities of Woodbridge. *Some pictures are virtually staged.

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active
New Listing
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$863,500 - 8302 Islington Avenue Unit 302, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N13420186
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Enjoy summer in style with this exceptional corner residence, offering refined interior living space and an extraordinary 315 sq. ft. private terrace. Impeccably maintained, this turnkey home presents a sophisticated balance of elegant interior spaces and the beauty of its natural surroundings. The residence is thoughtfully designed around connected formal and informal areas for dining, gathering, and outdoor enjoyment. The spectacular terrace serves as a true extension of the home's livable footprint, featuring premium NewTechWood decking, elegant boxwood planters, lush mature greenery, a gas line for BBQing, and tranquil treed views reminiscent of a Muskoka retreat. Offering multiple areas for entertaining, growing flowers or veggies, or just quiet relaxation, it creates a very unique private outdoor sanctuary. The sought-after split-bedroom floor plan provides privacy. The spacious primary suite features floor-to-ceiling windows, a walk-in closet with Restoration Hardware organizers, RH drapery + sconces within the private 4-piece ensuite. Every room has been thoughtfully curated with designer white oak luxury vinyl flooring, custom mouldings, chandelier lighting, pot lights, and designer-selected finishes throughout. The updated kitchen showcases brand-new countertops, sink, touchless faucet, and backsplash, complemented by a newer stainless steel refrigerator and breakfast bar. Additional features include newer full-sized laundry appliances + fridge, two conveniently located parking spaces, dedicated locker storage, and close proximity to the elevator. Nestled within a 5-storey, impeccably maintained building surrounded by mature trees, this rarely offered terrace residence combines immediate livability with a grand indoor-outdoor lifestyle, only moments from area shopping, dining, services, and the broader amenities of Woodbridge. *Some pictures are virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,430.20/mo

Includes CMHC insurance ($24,092)

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5-yr fixed avg.

Principal: $777,150Interest: $527,819
Mortgage Amount$801,242
Total Interest$527,819
Est. Property Tax$612/mo
Total Cost$1,329,061

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

8302 Islington Avenue Unit 302, 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)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$612
Insurance (est.)-$180
Net Cash Flow+$918

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

Fair Market Value

At $864/sqft, this property is priced in line with current Vaughan market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 $3,598 (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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    8302 Islington Avenue Unit 302… — $863,500 | Battaglia Team