38 Honeycrisp Crescent Unit 805, Vaughan

Price: $480,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: New Construction

MLS#: N13096374

Welcome To Unit 805 - A Rare End Unit Offering Privacy, Open Clear Views, And The Added ValueOf Parking And A Locker In The Highly Sought-After Mobilio Condo By Menkes. Built just 2 years ago And Perfectly Positioned In The Heart Of Vaughan Metropolitan Centre, One of the largest 1-Bedroom Suite Features Soaring 9-Foot Ceilings And Expansive Floor-To-Ceiling Windows That Flood The Space With Natural Light. The Modern Kitchen Is Thoughtfully Designed With Quartz Countertops and Built-In Appliances, Perfect For Both Everyday Living And Entertaining. Enjoy The Convenience Of Being Steps To Ikea, With Seamless Access To Highways 400, 407, And 7, AsWell As Transit Options Including VMC Subway, YRT, Viva, And GO Transit. A Perfect Opportunity For End-Users Or Investors Looking For Comfort, Convenience, And Elevated Urban Living.

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$480,000 - 38 Honeycrisp Crescent Unit 805, Vaughan

New Construction for Sale in Vaughan

32 days on market
1Beds
1Baths
500Sq Ft
New Construction
Property Details
MLS Number
N13096374
Property Type
New Construction
Status
active
Days on Site
32
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Vaughan
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
THE AGENCY
Description

Welcome To Unit 805 - A Rare End Unit Offering Privacy, Open Clear Views, And The Added ValueOf Parking And A Locker In The Highly Sought-After Mobilio Condo By Menkes. Built just 2 years ago And Perfectly Positioned In The Heart Of Vaughan Metropolitan Centre, One of the largest 1-Bedroom Suite Features Soaring 9-Foot Ceilings And Expansive Floor-To-Ceiling Windows That Flood The Space With Natural Light. The Modern Kitchen Is Thoughtfully Designed With Quartz Countertops and Built-In Appliances, Perfect For Both Everyday Living And Entertaining. Enjoy The Convenience Of Being Steps To Ikea, With Seamless Access To Highways 400, 407, And 7, AsWell As Transit Options Including VMC Subway, YRT, Viva, And GO Transit. A Perfect Opportunity For End-Users Or Investors Looking For Comfort, Convenience, And Elevated Urban Living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,462.65/mo

Includes CMHC insurance ($13,392)

$
$
5%10%50%

5-yr fixed avg.

Principal: $432,000Interest: $293,403
Mortgage Amount$445,392
Total Interest$293,403
Est. Property Tax$340/mo
Total Cost$738,795

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 805, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,000/mo
Range: $1,700 - $2,300
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,000
Maintenance Fees-$0
Property Tax (est.)-$340
Insurance (est.)-$100
Net Cash Flow+$1,560

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

Fair Market Value

At $960/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 32 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.

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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    38 Honeycrisp Crescent Unit 805… — $480,000 | Battaglia Team