$688,800 - 2851 Hwy 7 Street Unit 3411, Vaughan
Condo for Sale in Vaughan
31 days on market- MLS Number
- N13135392
- Property Type
- Condo
- Status
- active
- Days on Site
- 31
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- METROPARK REALTY INC.
Assignment Sale - Welcome to Luxury Urban Living at the Vincent Condominiums, One of Vaughan Metropolitan Centre's Most Exciting and Highly Sought-After New Developments. Perfectly Situated in the Heart of the Rapidly Growing VMC At Highway 7 And Jane Street, This Beautifully Designed 2 Bedroom, 2 Bathroom Residence Offers Sophisticated Contemporary Living with Exceptional Convenience and Connectivity. This Modern Suite Features an Open-Concept Layout, 9-Foot Ceilings, Wide Plank Flooring, Quartz Countertops, and Elegant Designer Finishes Throughout. Inspired By Hotel-Style Living, Residents Will Enjoy Access to Premium Amenities Including a 24-Hour Concierge, State-of-the-Art Fitness Centre, Co-Working Lounge, Rooftop Pool with Cabanas, Stylish Entertainment Spaces, Private Dining Areas, Landscaped Outdoor Terraces, and More. Located Just Steps from the Vaughan Metropolitan Centre Subway Station with Direct TTC Access to York University and Downtown Toronto, This Vibrant Community is Surrounded by Restaurants, Shopping, Parks, Transit, and Major Highways Including Hwy 400 and 407. The Area Continues to Evolve into Vaughan's Premier Downtown Destination Offering an Unmatched Blend of Lifestyle, Convenience, and Future Growth Potential. A Rare Opportunity to Secure a Unit in a Completely Sold-Out Luxury Development in one of the GTA's Fastest Growing Urban Centres. 1 Parking, 1 Locker and Appliance Package Included.
Estimate your monthly payments for this property
Estimated Payment
$3,533.90/mo
Includes CMHC insurance ($19,218)
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 Hwy 7 Street Unit 3411, Vaughan
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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 $984/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.
Market Position
At 31 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 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 $2,870 (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.