150 Honeycrisp Crescent Unit 268, Vaughan

Price: $770,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: N12885406

Stunning just over 1-year-old M2 Towns corner townhouse in pristine condition. Offering 1,367 sq.ft. with 3 bedrooms and 3 bathrooms with rooftop terrace, this home features one of the best layouts and locations in the community, making it difficult to compare with recently sold units. Thoughtfully designed open-concept layout filled with natural light. Over $40K in upgrades including smooth ceilings, pot lights, upgraded laminate flooring, and premium window coverings throughout. Freshly painted and move-in ready, with a spacious private terrace perfect for relaxing or entertaining. Located minutes to Vaughan Metropolitan Centre, Hwy 407/7/400, TTC subway, York University, and major amenities including IKEA, Walmart, Vaughan Cortellucci Hospital, Vaughan Mills, and Canada's Wonderland, with convenient access to VIVA, YRT, and GO Transit.

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$770,000 - 150 Honeycrisp Crescent Unit 268, Vaughan

Condo for Sale in Vaughan

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
N12885406
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
BAY STREET GROUP INC.
Description

Stunning just over 1-year-old M2 Towns corner townhouse in pristine condition. Offering 1,367 sq.ft. with 3 bedrooms and 3 bathrooms with rooftop terrace, this home features one of the best layouts and locations in the community, making it difficult to compare with recently sold units. Thoughtfully designed open-concept layout filled with natural light. Over $40K in upgrades including smooth ceilings, pot lights, upgraded laminate flooring, and premium window coverings throughout. Freshly painted and move-in ready, with a spacious private terrace perfect for relaxing or entertaining. Located minutes to Vaughan Metropolitan Centre, Hwy 407/7/400, TTC subway, York University, and major amenities including IKEA, Walmart, Vaughan Cortellucci Hospital, Vaughan Mills, and Canada's Wonderland, with convenient access to VIVA, YRT, and GO Transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,950.50/mo

Includes CMHC insurance ($21,483)

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5-yr fixed avg.

Principal: $693,000Interest: $470,667
Mortgage Amount$714,483
Total Interest$470,667
Est. Property Tax$545/mo
Total Cost$1,185,150

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

150 Honeycrisp Crescent Unit 268, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$545
Insurance (est.)-$160
Net Cash Flow+$1,435

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 $642/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.

Market Position

At 20 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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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