2651 Highway 7 Road Unit 426, Vaughan

Price: $969,900

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N12892680

Step into luxury with this sleek, This 2-bedroom, 2-bathroom gem offers 776 sq. ft. of sophisticated living space. Discover upscale elegance with high-end finishes throughout the unit and building. Enjoy stylish appliances, a gourmet kitchen, and easy access to top schools, lush parks, trendy restaurants, shops, and entertainment. Unbeatable location! Just steps from the TTC Line 1 Subway Extension, Vaughan Metropolitan Centre, and Bus Terminal. Commuters will love the strategic access to Highways 400 & 407. Plus, York University is only two subway stops away or a quick 10-minute drive. Your luxury lifestyle starts here! Don't miss this prime opportunity to live, work, and play in one of Vaughan's most exciting communities

2651 Highway 7 Road Unit 426 - Condo photo 1 of 1 in Vaughan, Ontario
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$969,900 - 2651 Highway 7 Road Unit 426, Vaughan

Condo for Sale in Vaughan

90 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N12892680
Property Type
Condo
Status
active
Days on Site
90
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
CENTURY 21 MILLENNIUM INC.
Description

Step into luxury with this sleek, This 2-bedroom, 2-bathroom gem offers 776 sq. ft. of sophisticated living space. Discover upscale elegance with high-end finishes throughout the unit and building. Enjoy stylish appliances, a gourmet kitchen, and easy access to top schools, lush parks, trendy restaurants, shops, and entertainment. Unbeatable location! Just steps from the TTC Line 1 Subway Extension, Vaughan Metropolitan Centre, and Bus Terminal. Commuters will love the strategic access to Highways 400 & 407. Plus, York University is only two subway stops away or a quick 10-minute drive. Your luxury lifestyle starts here! Don't miss this prime opportunity to live, work, and play in one of Vaughan's most exciting communities

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,976.09/mo

Includes CMHC insurance ($27,060)

$
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5-yr fixed avg.

Principal: $872,910Interest: $592,857
Mortgage Amount$899,970
Total Interest$592,857
Est. Property Tax$687/mo
Total Cost$1,492,827

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

2651 Highway 7 Road Unit 426, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$687
Insurance (est.)-$202
Net Cash Flow+$856

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

Premium Pricing

At $1386/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 90 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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.

Efficient Living

At 700 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 $4,041 (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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    2651 Highway 7 Road Unit 426, V… — $969,900 | Battaglia Team