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Investment signal

$549,000

509 - 60 HONEY CRISP CRESCENT

Beds

Baths

Sqft

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Year

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About this home

Unit 509 is a bright, modern, move-in-ready 2-bedroom condo in one of Vaughan's most desirable new high-rise communities. It offers an efficient layout,| high-quality finishes, and exceptional connectivity ideal as a starter home, investment property, or commuter residence.The building is well-maintained and amenity-rich, with strong resale/rental demand due to its prime VMC location. (id:65958)

Subtype: Single Family
Structure: Apartment
Community: Vaughan Corporate Centre
Common interest: Condo/Strata
Bedrooms: 2 above grade
Parking: 1 total
Condo/HOA fee: $598.24 monthly
On market: Apr 15, 2026
Status changed: Apr 16, 2026
Annual tax: $2,908.77 (2025)
Photos: 8
MLS#: N12998994
Area: VAUGHAN_(VAUGHAN_CORPORATE_CENTRE)

Features and systems

Parking

GarageUnderground

Basement

None

Appliances

WasherRefrigeratorDishwasherStoveOvenDryerMicrowaveOven - Built-InBlinds

Heating

Forced airNatural gas

Cooling

Central air conditioningAir exchanger

Exterior

BrickAluminum siding

Lot

BalconyCarpet FreeIn suite Laundry

Community

Pets Allowed With Restrictions

Security

Alarm systemSmoke Detectors

Fee includes

Common Area MaintenanceHeatWaterInsurance

Negative cash flow ~$1,100/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.02%

Cap rate

3.49%

GRM

16.6

Break-even rent

$3,908

Financing

Down payment$109,800

Loan amount$439,200

Mortgage$2,694/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252

Insurance$80

Maintenance$458

CapEx reserve$229

Vacancy loss$138

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Vaughan (Vaughan Corporate Centre). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,694/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.