$674,900 - 7 Townsgate Drive Unit 1206, Vaughan
Condo for Sale in Vaughan
New — Listed 7 days agoNeighbourhood: Crestwood-Springfarm-Yorkhill
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- MLS Number
- N13843786
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $3,209
- Maintenance Fees
- $1,486/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Rarely Offered!! Live In, Renovate, Or Expand Your Investment Portfolio as a Rental! Welcome To The Highly Sought-After Townsgate Community In Vaughan's Desirable Crestwood-Springfarm-Yorkhill Neighbourhood. This Spacious And Sun-Filled Residence Features A Thoughtfully Designed Split Two-Bedroom Layout With Two Full 4-Piece Bathrooms, Offering Privacy And Functionality For Families, Downsizers, Or Investors Alike. Enjoy Bright, Open-Concept Living And Dining Areas Accented By Rich Parquet Flooring And Expansive Windows That Showcase Sweeping, Unobstructed Views. The Large Sunroom Provides The Perfect Space For A Home Office, Reading Nook, Or Additional Sitting Area. The Generous Primary Suite Includes A Walk-In Closet And A Private 4-Piece Ensuite, While The Second Bedroom Offers Direct Access To Its Own Balcony. Townsgate Residents Enjoy An Exceptional Lifestyle With An Impressive Selection Of Resort-Style Amenities, Including Concierge Service, Indoor Pool, Sauna, Tennis Court, Party Room, Meeting Room, Guest Suites, And Ample Visitor Parking. Maintenance Fees Include Cable TV, Hydro, Heat, Air Conditioning, Water, Parking, Building Insurance, And Common Elements, Providing Outstanding Value And Truly Worry-Free Living. An Exceptional Opportunity In A Well-Established Community Close To Transit, Shopping, Parks, Schools, And Everyday Conveniences.
Estimate your monthly payments for this property
Estimated Payment
$3,462.59/mo
Includes CMHC insurance ($18,830)
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 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
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.
7 Townsgate Drive Unit 1206, 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
Competitive Pricing
At $562/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Vaughan's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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. The $1486/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $2,812 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.