$666,000 - 2851 Hwy 7 Street Unit 3112, Vaughan
Condo for Sale in Vaughan
45 days on marketNeighbourhood: Vaughan Corporate Centre
- MLS Number
- N13547832
- Property Type
- Condo
- Status
- active
- Days on Site
- 45
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Vaughan
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- ROYAL LEPAGE FLOWER CITY REALTY
Welcome to this chic 1 Bed + Den, 1 Bath urban retreat in the booming heart of the Vaughan Metropolitan Centre. Boasting ~568 sq ft of bright, open-concept design, it features asun-drenched living space and a flexible den tailored for your work-from-home lifestyle. Commuting is a breeze with the VMC Subway, regional transit, and Highways 400/407 right at your doorstep. Plus, you're only minutes from York University, Vaughan Mills shopping, IKEA, Costco, and a vibrant food scene. Don't miss out on modern living in Vaughan's premier community! Discover this stylish 1-bed plus den, 1-bath suite in the highly desirable Vaughan Metropolitan Centre. this unit is perfect for couples or professionals seeking both comfort and convenience. Inspired by upscale, hotel-style living, this vibrant community offers residents an elevated lifestyle with access to premium amenities like a 24-hour concierge, a state-of-the-art fitness center, and a dedicated co-working lounge. For leisure and social gatherings, the property features a stunning rooftop pool complete with private cabanas, stylish entertainment spaces, intimate private dining areas, and beautifully landscaped outdoor terraces. Perfectly positioned just steps from the Vaughan Metropolitan Centre subway station, residents enjoy seamless TTC access to York University and downtown Toronto. Surrounded by a rich selection of restaurants, premier shopping, serene parks, and major transit arteries like Highways 400 and 407, this rapidly evolving neighborhood is truly becoming Vaughan's premier downtown destination, offering an unmatched blend of convenience and luxury. Priced to reflect an outstanding acquisition opportunity for buyer. See attachment for layout of the unit. The builder has already secured a blanket mortgage, ensuring a seamless and hassle-free closing process ensuring an efficient closing with property"s established appraised value.
Estimate your monthly payments for this property
Estimated Payment
$3,416.93/mo
Includes CMHC insurance ($18,581)
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 Corporate Centre
Vaughan Corporate Centre 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 Corporate Centre
- •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 Corporate Centre 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 3112, 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
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.
Market Position
At 45 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.
About Vaughan Corporate Centre
I know Vaughan Corporate Centre well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,775 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.