68 Townsgate Drive, Vaughan

Price: $1,549,999

4 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13616928

Prime Thornhill location! Exceptional opportunity to renovate and create your dream family home in one of the area's most sought-after neighbourhoods. This spacious 4-bedroom, 2.5-bath home features generous principal rooms, a large eat-in kitchen, mudroom with garage access, and an impressive family/media room above the garage. Main floor den offers potential for an in-law suite or home office. Walk to shopping, restaurants, public transit, Promenade Mall, places of worship, and everyday amenities. Quick access to Hwy 407. Located in a highly regarded school district with nearby public and private schools. A rare opportunity in an unbeatable location!

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$1,549,999 - 68 Townsgate Drive, Vaughan

Detached for Sale in Vaughan

Neighbourhood: Crestwood-Springfarm-Yorkhill

4Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13616928
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
4
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Vaughan
Listing Brokerage
THE AGENCY
Description

Prime Thornhill location! Exceptional opportunity to renovate and create your dream family home in one of the area's most sought-after neighbourhoods. This spacious 4-bedroom, 2.5-bath home features generous principal rooms, a large eat-in kitchen, mudroom with garage access, and an impressive family/media room above the garage. Main floor den offers potential for an in-law suite or home office. Walk to shopping, restaurants, public transit, Promenade Mall, places of worship, and everyday amenities. Quick access to Hwy 407. Located in a highly regarded school district with nearby public and private schools. A rare opportunity in an unbeatable location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,856.17/mo

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5-yr fixed avg.

Principal: $1,239,999Interest: $816,851
Mortgage Amount$1,239,999
Total Interest$816,851
Est. Property Tax$1,098/mo
Total Cost$2,056,850

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: Crestwood-Springfarm-Yorkhill

Discover Crestwood-Springfarm-Yorkhill

Crestwood-Springfarm-Yorkhill 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 Crestwood-Springfarm-Yorkhill

  • 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

Crestwood-Springfarm-Yorkhill 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

68 Townsgate Drive, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,098
Insurance (est.)-$323
Net Cash Flow+$2,129

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

Competitive Pricing

At $620/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 26 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.

Detached Home Advantages

Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Vaughan. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Crestwood-Springfarm-Yorkhill

I know Crestwood-Springfarm-Yorkhill 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.

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    68 Townsgate Drive, Vaughan | $1,549,999 | Battaglia Team