10 Honeycrisp Crescent Unit 1206, Vaughan

Price: $518,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: N12898220

Welcome to Mobilio Condos in the heart of Vaughan's new downtown core, just steps to the TTC subway. This bright 1+Den suite features 10-ft ceilings and a highly functional layout, with a den large enough for a second bedroom or office. Modern finishes include flush-mounted appliances, natural stone countertops and backsplash, and a desirable south exposure. Unbeatable location minutes to Hwy 7 & 407 and Vaughan Metropolitan Centre Station, with York University and Seneca College (York Campus) just a short subway ride away. Close to IKEA, Walmart, hospital, Vaughan Mills, YMCA, and Canada's Wonderland. Enjoy premium amenities including a fitness Centre, 24-hr concierge, party and games rooms, theatre, kids' playroom, outdoor BBQ area, guest suites, bike storage, and free visitor parking.

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$518,000 - 10 Honeycrisp Crescent Unit 1206, Vaughan

New Construction for Sale in Vaughan

2Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
N12898220
Property Type
New Construction
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
VILENSKY REALTY
Description

Welcome to Mobilio Condos in the heart of Vaughan's new downtown core, just steps to the TTC subway. This bright 1+Den suite features 10-ft ceilings and a highly functional layout, with a den large enough for a second bedroom or office. Modern finishes include flush-mounted appliances, natural stone countertops and backsplash, and a desirable south exposure. Unbeatable location minutes to Hwy 7 & 407 and Vaughan Metropolitan Centre Station, with York University and Seneca College (York Campus) just a short subway ride away. Close to IKEA, Walmart, hospital, Vaughan Mills, YMCA, and Canada's Wonderland. Enjoy premium amenities including a fitness Centre, 24-hr concierge, party and games rooms, theatre, kids' playroom, outdoor BBQ area, guest suites, bike storage, and free visitor parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,657.61/mo

Includes CMHC insurance ($14,452)

$
$
5%10%50%

5-yr fixed avg.

Principal: $466,200Interest: $316,630
Mortgage Amount$480,652
Total Interest$316,630
Est. Property Tax$367/mo
Total Cost$797,283

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

10 Honeycrisp Crescent Unit 1206, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$367
Insurance (est.)-$108
Net Cash Flow+$1,925

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $1036/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.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,158 (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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