140 Honeycrisp Crescent Unit TH 284, Vaughan

Price: $649,000

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: N12946514

Well-maintained and thoughtfully updated 2-bedroom, 2.5-bathroom condo townhouse in the desirable Mobilio Towns community by Menkes. Approx. 1,082 sq.ft. of functional living space featuring an open-concept main floor with a modern kitchen, ample cabinetry, and a breakfast bar overlooking the living and dining area. Lower level offers two well-proportioned bedrooms including a primary bedroom with ensuite, plus a second full bathroom. Bright, south-facing unit with excellent natural light throughout the day, complemented by large windows, neutral finishes, and a practical layout ideal for end-users or investors. Exceptionally well cared for and move-in ready, showing beautifully with a clean and well-presented interior that reflects true pride of ownership. Conveniently located close to transit, major highways, shopping, and everyday amenities. A great opportunity to own in a growing Vaughan neighbourhood.

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New Listing
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$649,000 - 140 Honeycrisp Crescent Unit TH 284, Vaughan

Condo for Sale in Vaughan

New — Listed 4 days ago
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
N12946514
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South
Balcony
Terrace
Listing Brokerage
CENTURY 21 NEW CONCEPT
Description

Well-maintained and thoughtfully updated 2-bedroom, 2.5-bathroom condo townhouse in the desirable Mobilio Towns community by Menkes. Approx. 1,082 sq.ft. of functional living space featuring an open-concept main floor with a modern kitchen, ample cabinetry, and a breakfast bar overlooking the living and dining area. Lower level offers two well-proportioned bedrooms including a primary bedroom with ensuite, plus a second full bathroom. Bright, south-facing unit with excellent natural light throughout the day, complemented by large windows, neutral finishes, and a practical layout ideal for end-users or investors. Exceptionally well cared for and move-in ready, showing beautifully with a clean and well-presented interior that reflects true pride of ownership. Conveniently located close to transit, major highways, shopping, and everyday amenities. A great opportunity to own in a growing Vaughan neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,329.71/mo

Includes CMHC insurance ($18,107)

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5-yr fixed avg.

Principal: $584,100Interest: $396,705
Mortgage Amount$602,207
Total Interest$396,705
Est. Property Tax$460/mo
Total Cost$998,912

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

140 Honeycrisp Crescent Unit TH 284, 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)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,115

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

Competitive Pricing

At $649/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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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 $2,704 (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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