$529,000 - 2851 Highway 7 N/A Unit 722, Vaughan
Condo for Sale in Vaughan
83 days on market- MLS Number
- N12916040
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
*ASSIGNMENT SALE* - SELLER IS WALKING AWAY FROM DEPOSIT! Step into The Vincent, a visionary pre-construction masterpiece where Vaughan's vibrant pulse meets a refined elegance that captivates. Envision a 1+1 bedroom, 535 sq. ft. retreat with a 45 sq. ft. balcony, designed for seamless indoor-outdoor living. Inside, floor-to-ceiling windows bathe the space in soft, natural light, crafting a sanctuary of timeless serenity. The future of Vaughan unfolds here - Nestled in the Vaughan Metropolitan Centre, just a five-minute walk from the serene Edgeley Pond & Park, The Vincent blends striking architecture with effortless access to TTC, Viva, and Highways 400/407, whisking you to Toronto's dynamic core. Savour chic bistros, curated boutiques, Vaughan Mills, or a whimsical escape to Canada's Wonderland. Imagine skipping stones by the pond, biking local trails, or dining al fresco - luxury elevated, life beautifully lived. Curated amenities inspire: a gracious lobby, an outdoor pool with cabanas, a state-of-the-art fitness centre, a tranquil yoga studio, an elegant party room, co-work spaces, a children's play area, a sports simulator, a pet spa, and more! For those who seek a home that whispers sophistication and connection, The Vincent is your story, elegantly told.
Estimate your monthly payments for this property
Estimated Payment
$2,714.04/mo
Includes CMHC insurance ($14,759)
5-yr fixed avg.
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.
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
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.
2851 Highway 7 N/A Unit 722, Vaughan
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1058/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.
Negotiation Opportunity
At 83 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 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 $2,204 (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.