151 Townsgate Drive Unit 82, Vaughan

Price: $889,000

3 bedrooms, 3 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N12476972

Updated, Modern, and Spacious 3-bedroom Townhouse, Fully Renovated in 2021. All Rooms are very spacious. Two underground Side-By-Side Parking Spaces, Updated Kitchen, and Three Washrooms. Huge Primary Bedroom with Walk-In-Closet, Neutral Decor Throughout. Separate Entrance with Easy Access from Basement. Newer Roof. Prime location with Major Grocery Chains close by. Restaurants, Shopping, Malls, Steps to Bathurst and Steeles, TTC, Vaughan Transit, Parks, and Schools

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$889,000 - 151 Townsgate Drive Unit 82, Vaughan

Condo for Sale in Vaughan

137 days on market
3Beds
3Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N12476972
Property Type
Condo
Status
active
Days on Site
137
Bedrooms
3
Bathrooms
3
Square Feet
1,400 sqft
Neighbourhood
Vaughan
Locker
None
Exposure
West
Balcony
Juliette
Listing Brokerage
BRIDLEPATH PROGRESSIVE REAL ESTATE INC.
Description

Updated, Modern, and Spacious 3-bedroom Townhouse, Fully Renovated in 2021. All Rooms are very spacious. Two underground Side-By-Side Parking Spaces, Updated Kitchen, and Three Washrooms. Huge Primary Bedroom with Walk-In-Closet, Neutral Decor Throughout. Separate Entrance with Easy Access from Basement. Newer Roof. Prime location with Major Grocery Chains close by. Restaurants, Shopping, Malls, Steps to Bathurst and Steeles, TTC, Vaughan Transit, Parks, and Schools

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,561.03/mo

Includes CMHC insurance ($24,803)

$
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5%10%50%

5-yr fixed avg.

Principal: $800,100Interest: $543,406
Mortgage Amount$824,903
Total Interest$543,406
Est. Property Tax$630/mo
Total Cost$1,368,309

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: Vaughan

Discover Vaughan

Vaughan 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 Vaughan

  • 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

Vaughan 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

151 Townsgate Drive Unit 82, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$630
Insurance (est.)-$185
Net Cash Flow+$1,355

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 $635/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.

Negotiation Opportunity

At 137 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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 $3,704 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    151 Townsgate Drive Unit 82, Va… — $889,000 | Battaglia Team