281-140 Honeycrisp Crescent, Vaughan, ON

Vaughan Corporate Centre, Vaughan · MLS® N13659612

$646,000
For Sale
Listed 70 days agoNo offer date statedSitting longer than typical
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2Bedrooms
3Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to a brand new 2-bedroom, 2.5-bathroom end-unit condo townhouse with approx.
  • 1,082 sq.ft., by Menkes in a prime location across from Vaughan Metropolitan Centre.
  • Walking distance to the VMC subway and close to IKEA, Vaughan Mills, Walmart, Costco, and Highway 400.
  • Modern kitchen with built-in stainless steel appliances, open-concept layout.

Welcome to a brand new 2-bedroom, 2.5-bathroom end-unit condo townhouse with approx. 1,082 sq.ft., by Menkes in a prime location across from Vaughan Metropolitan Centre! Walking distance to the VMC subway and close to IKEA, Vaughan Mills, Walmart, Costco, and Highway 400. Lots of natural sunlight, walk-in closet in the main bedroom, and plenty of storage. Modern kitchen with built-in stainless steel appliances, open-concept layout. Lots of amenities, including a fitness centre, party room, etc. High-end finishes throughout.

Key facts

Property type
Condo Townhouse, Stacked Townhouse
MLS®
N13659612
Bedrooms
2
Bathrooms
3 (1 half)
Size
1000-1199 sq ft
Cross streets
Hwy 7/Jane St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$400/mo
Exposure
South
Property tax
$4,143 / 2025
Days on market
70
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

East Woodbridge
$790K
Islington Woods
$649K
West Woodbridge
$762K
Vaughan Grove
$634K
Beverley Glen
$1.14M

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
$2,944/mo
$135KIncome needed
4.8×Price ÷ income
$679Weekly cost
$9,395Land 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.

80%mortgage
Mortgage $2,944Property tax $345Condo fee $400Total carry $3,690

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,857per month

Mortgage amount $516,800 · 4.49% over 25 years

$129,200Down payment (20.0%)
$516,800Loan before insurance
$0CMHC premium
$3,603Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,857
Property tax
$345
Condo / maintenance fees
$400
Heating
$0
Estimated monthly cost
$3,603

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

One-time closing costs

Ontario land transfer tax
$9,395
Estimated closing costs
$9,395

Plus your down payment of $129,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,459/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

$340,443Total interest paid
$857,243Total of all payments
Principal $516,800 Interest $340,443
YearPrincipalInterestBalance
1$11,533$22,757$505,267
2$12,056$22,233$493,211
3$12,604$21,686$480,607
4$13,176$21,114$467,431
5$13,774$20,515$453,657
6$14,400$19,890$439,257
7$15,054$19,236$424,203
8$15,737$18,553$408,466
9$16,452$17,838$392,015
10$17,199$17,091$374,816
11$17,979$16,310$356,837
12$18,796$15,494$338,041
13$19,649$14,641$318,392
14$20,541$13,748$297,851
15$21,474$12,816$276,377
16$22,449$11,841$253,928
17$23,468$10,821$230,459
18$24,534$9,756$205,926
19$25,648$8,642$180,278
20$26,812$7,477$153,466
21$28,030$6,260$125,436
22$29,302$4,987$96,134
23$30,633$3,657$65,501
24$32,024$2,266$33,478
25$33,478$812$0

At the end of your 5-year term

Total paid over the term
$171,449
Principal paid down
$63,143
Interest paid
$108,305
Balance remaining
$453,657

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
Estimate$3,400/mo
$40,800Gross annual rent
4.1%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.3%
Gross yield
− Property tax $4,143− Condo fees $4,803− Insurance $600− Vacancy & upkeep $4,488Net operating income $26,765

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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