511-38 Honeycrisp Crescent, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N12605100

$570,000
For Sale
Listed 318 days agoNo offer date statedSitting longer than typical
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◎ Directions
1+1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Mobilio Condo is ideally positioned in the lively Vaughan Metropolitan Centre and downtown Vaughan.
  • This bright and stylish unit offers an open-concept kitchen and living area all enhanced by modern finishes.
  • Commuting is effortless with quick access to Highways 400, 407, and Highway 7, plus convenient transit connections through VIVA, YRT, GO Transit, and the York-Spadina...

Mobilio Condo is ideally positioned in the lively Vaughan Metropolitan Centre and downtown Vaughan. This bright and stylish unit offers an open-concept kitchen and living area all enhanced by modern finishes. Carpet-free flooring-perfect for working professionals or small families. Commuting is effortless with quick access to Highways 400, 407, and Highway 7, plus convenient transit connections through VIVA, YRT, GO Transit, and the York-Spadina subway line at the VMC station. Residents can enjoy a wide range of on-site amenities, including a theatre room, fitness centre, lounge and meeting spaces, party room, guest suites, and an outdoor terrace with BBQs. The neighbourhood offers endless conveniences

Key facts

Property type
Condo Apartment, Apartment
MLS®
N12605100
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Highway 7 and Jane St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$528/mo
Exposure
South
Property tax
$2,337 / 2025
Days on market
318
Listing brokerage
CITYSCAPE REAL ESTATE LTD.

Rooms

DenFlat0.00 × 0.00 m

Laminate

Living RoomFlat0.00 × 0.00 m

laminate · window · w/o to balcony

KitchenFlat0.00 × 0.00 m

Laminate

Primary BedroomFlat0.00 × 0.00 m

laminate · closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$557Klikely sale price

Listed at $570,000. Going by how homes in Vaughan Corporate Centre and the wider GTA have actually closed against their asking prices (about 98%, 28 local closings in 90 days), the likely sale price is near $557K, if it sells. A realistic range is $525K to $603K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 318 days on the market against about 37 for homes like it here, and asking 33% above where comparable closings put it.

List price
$525KBelow recent closings$603KAbove recent closings

Total price vs nearby homes. Likely closing about $557K, from 28 recent closings in this pocket.

The market behind the math:

28sold nearby · 90 days
$420Kmedian sold price
96%of asking, on average
−21%prices vs a year ago
~36 dayshomes like this take to sell
318days on market so far
$2,150/moest. rent · 5 leases
4.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5.6 months of inventory: 52 condo apartment homes for sale in the area against 28 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,037/sqft against an area asking average of $796/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 28 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $423K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle

Based on 12 homes sold in this building over the past two years, from 287 closings in Vaughan Corporate Centre.

What sellers nearby are askingCurrently listed nearby in Vaughan Corporate Centre · asking prices
$530kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $935/sqft; this home lists at $1,037/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
570kThis home495k470k470k515k699kThis home vs active comparables

Sold price trend

Median sold price for condos in Vaughan Corporate Centre: $448K in September 2026, down 3% from a year ago, on 127 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$507K12
November 2025$442K11
December 2025$400K5
January 2026$497K16
February 2026$465K5
March 2026$480K12
April 2026$511K8
May 2026$455K12
June 2026$500K21
July 2026$470K8
August 2026$395K5
September 2026$448K12

Neighbourhood & location

Vaughan Corporate Centre, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Concord
$563K
Vellore Village
$500K
West Woodbridge
$745K
Maple
$600K
Brownridge
$557K

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,598/mo
$118KIncome needed
4.8×Price ÷ income
$600Weekly cost
$7,875Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $2,598Property tax $195Condo fee $528Total carry $3,321

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,521per month

Mortgage amount $456,000 · 4.49% over 25 years

$114,000Down payment (20.0%)
$456,000Loan before insurance
$0CMHC premium
$3,244Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,521
Property tax
$195
Condo / maintenance fees
$528
Heating
$0
Estimated monthly cost
$3,244

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,875
Estimated closing costs
$7,875

Plus your down payment of $114,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,052/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$300,391Total interest paid
$756,391Total of all payments
Principal $456,000 Interest $300,391
YearPrincipalInterestBalance
1$10,176$20,080$445,824
2$10,638$19,618$435,186
3$11,121$19,135$424,065
4$11,626$18,630$412,439
5$12,154$18,102$400,285
6$12,706$17,550$387,580
7$13,283$16,973$374,297
8$13,886$16,370$360,411
9$14,516$15,740$345,895
10$15,175$15,080$330,720
11$15,864$14,391$314,856
12$16,584$13,671$298,271
13$17,337$12,918$280,934
14$18,125$12,131$262,809
15$18,948$11,308$243,862
16$19,808$10,448$224,054
17$20,707$9,548$203,347
18$21,647$8,608$181,699
19$22,630$7,625$159,069
20$23,658$6,598$135,411
21$24,732$5,524$110,679
22$25,855$4,401$84,824
23$27,029$3,227$57,795
24$28,256$2,000$29,539
25$29,539$717$0

At the end of your 5-year term

Total paid over the term
$151,278
Principal paid down
$55,715
Interest paid
$95,563
Balance remaining
$400,285

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 5 whole-home leases in Vaughan Corporate Centre$2,150/mo
$25,800Gross annual rent
2.4%Cap rate after taxes and upkeep
$1,892 to $2,408Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Vaughan Corporate Centre signed at a median of $2,195 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,150. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.5%
Gross yield
− Property tax $2,337− Condo fees $6,336− Insurance $600− Vacancy & upkeep $2,838Net operating income $13,689

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CITYSCAPE REAL ESTATE LTD.. MLS®/PropTx.

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