2851 Hwy 7 N/A Unit 2701, Vaughan

Price: $799,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N12790814

**ASSIGNMENT SALE ** Discover urban living in 2 Br 2 Bath unit at Vincent Condominiums of Vaughan's most desirable and fully sold out developments. Los Angeles floor plan Ideally situated in the vibrant heart of the Vaughan Metropolitan Centre, this contemporary home offers a bright open concept design with 9ft ceilings, wide plank flooring, quartz countertops, and sleek modern finishes throughout. Impressive collection of amenities, including 24 hour concierge service, fitness center, rooftop pool, and elegant entertainment areas. *ONE LOCKER INCLUDED.* Just steps away from the VMC subway, YRT bus stop, IKEA, Costco, and Hwy 400 / 407, this exceptional opportunity delivers luxury, convenience, and lasting value in a premier community at the center of it all.

2851 Hwy 7 N/A Unit 2701 - Condo photo 1 of 2 in Vaughan, Ontario
2851 Hwy 7 N/A Unit 2701 - Condo photo 2 of 2 in Vaughan, Ontario
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$799,000 - 2851 Hwy 7 N/A Unit 2701, Vaughan

Condo for Sale in Vaughan

105 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N12790814
Property Type
Condo
Status
active
Days on Site
105
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
KING REALTY INC.
Description

**ASSIGNMENT SALE ** Discover urban living in 2 Br 2 Bath unit at Vincent Condominiums of Vaughan's most desirable and fully sold out developments. Los Angeles floor plan Ideally situated in the vibrant heart of the Vaughan Metropolitan Centre, this contemporary home offers a bright open concept design with 9ft ceilings, wide plank flooring, quartz countertops, and sleek modern finishes throughout. Impressive collection of amenities, including 24 hour concierge service, fitness center, rooftop pool, and elegant entertainment areas. *ONE LOCKER INCLUDED.* Just steps away from the VMC subway, YRT bus stop, IKEA, Costco, and Hwy 400 / 407, this exceptional opportunity delivers luxury, convenience, and lasting value in a premier community at the center of it all.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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 Hwy 7 N/A Unit 2701, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$1,078

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 $1332/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 105 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 600 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 $3,329 (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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    2851 Hwy 7 N/A Unit 2701, Vaugh… — $799,000 | Battaglia Team