2851 Highway 7 Road Unit 1107, Vaughan

Price: $499,000

2 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: N13137808

Assignment Sale - Welcome to Vincent Condominiums, one of Vaughan's most sought-after and completely sold-out luxury developments. This beautifully designed 1bedroom, 1 bathroom suite and offers the perfect blend of style, comfort, and convenience.Situated in the heart of the Vaughan Metropolitan Centre, this bright and modern unit features an open-concept layout with 9-foot ceilings, wide-plank flooring, quartz countertops, and contemporary finishes throughout..Residents enjoy access to exceptional amenities, including a 24-hour concierge, state-of-the-art fitness centre, co-working lounge, rooftop pool with cabanas, and elegant entertainment spaces.Conveniently located just steps from the VMC subway station, restaurants, shopping, and major highways, this is a rare opportunity to own in a thriving urban community that perfectly combines luxury living with everyday convenience.

2851 Highway 7 Road Unit 1107 - Condo photo 1 of 12 in Vaughan, Ontario
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$499,000 - 2851 Highway 7 Road Unit 1107, Vaughan

Condo for Sale in Vaughan

2Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
N13137808
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
2
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Vaughan
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
BAY STREET GROUP INC.
Description

Assignment Sale - Welcome to Vincent Condominiums, one of Vaughan's most sought-after and completely sold-out luxury developments. This beautifully designed 1bedroom, 1 bathroom suite and offers the perfect blend of style, comfort, and convenience.Situated in the heart of the Vaughan Metropolitan Centre, this bright and modern unit features an open-concept layout with 9-foot ceilings, wide-plank flooring, quartz countertops, and contemporary finishes throughout..Residents enjoy access to exceptional amenities, including a 24-hour concierge, state-of-the-art fitness centre, co-working lounge, rooftop pool with cabanas, and elegant entertainment spaces.Conveniently located just steps from the VMC subway station, restaurants, shopping, and major highways, this is a rare opportunity to own in a thriving urban community that perfectly combines luxury living with everyday convenience.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

2851 Highway 7 Road Unit 1107, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,328

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

Market Position

At 28 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.

Efficient Living

At 0 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.

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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    2851 Highway 7 Road Unit 1107… — $499,000 | Battaglia Team