38 Honeycrisp Crescent Unit 607, Vaughan

Price: $469,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N12784552

Welcome to refined, state-of-the-art living in the heart of Vaughan. Completed in 2023, the prestigious Mobilia East Tower by Menkes offers an exceptional One Bedroom + Den residence designed for modern luxury and effortless living. This bright and beautifully appointed suite features floor-to-ceiling windows with unobstructed south views, filling the space with natural light. The stunning contemporary kitchen is finished with integrated appliances, premium cabinetry, and a sleek marble backsplash - creating a seamless, upscale aesthetic ideal for both everyday living and entertaining. The separate den offers outstanding versatility and can be comfortably used as a second bedroom or a private home office. Residents enjoy access to an impressive collection of state-of-art amenities, including a fully equipped fitness centre, kids playroom and outdoor play area, party room, TV and games lounge, theatre room, private dining alcoves, guest suites, bike storage, BBQ's and 24-hour Concierge service, all complemented by advanced security with facial recognition entry. Ideally situated steps from premier shopping, dining, and entertainment, Costco, IKEA, movie theatre, and Vaughan Mills Mall - with easy access to public transit and highways 401, 407 and Hwy 7. An exceptional opportunity to experience elevated condo living in one of Vaughan's most desirable new communities.

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active
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$469,000 - 38 Honeycrisp Crescent Unit 607, Vaughan

Condo for Sale in Vaughan

33 days on market
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N12784552
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Welcome to refined, state-of-the-art living in the heart of Vaughan. Completed in 2023, the prestigious Mobilia East Tower by Menkes offers an exceptional One Bedroom + Den residence designed for modern luxury and effortless living. This bright and beautifully appointed suite features floor-to-ceiling windows with unobstructed south views, filling the space with natural light. The stunning contemporary kitchen is finished with integrated appliances, premium cabinetry, and a sleek marble backsplash - creating a seamless, upscale aesthetic ideal for both everyday living and entertaining. The separate den offers outstanding versatility and can be comfortably used as a second bedroom or a private home office. Residents enjoy access to an impressive collection of state-of-art amenities, including a fully equipped fitness centre, kids playroom and outdoor play area, party room, TV and games lounge, theatre room, private dining alcoves, guest suites, bike storage, BBQ's and 24-hour Concierge service, all complemented by advanced security with facial recognition entry. Ideally situated steps from premier shopping, dining, and entertainment, Costco, IKEA, movie theatre, and Vaughan Mills Mall - with easy access to public transit and highways 401, 407 and Hwy 7. An exceptional opportunity to experience elevated condo living in one of Vaughan's most desirable new communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,406.21/mo

Includes CMHC insurance ($13,085)

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5-yr fixed avg.

Principal: $422,100Interest: $286,679
Mortgage Amount$435,185
Total Interest$286,679
Est. Property Tax$332/mo
Total Cost$721,864

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

38 Honeycrisp Crescent Unit 607, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$332
Insurance (est.)-$98
Net Cash Flow+$1,445

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Fair Market Value

At $938/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 33 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 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.

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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