$918,000 - 7 Townsgate Drive Unit 308, Vaughan
Condo for Sale in Vaughan
- MLS Number
- N13173182
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to this Spectacular under 1400Sqft 2 Bedroom + 2 Full Washroom Suite at 7 Townsgate. This Over the Top Renovation is not Like the Other. You'll see the Difference of all the Details when you see it in Person. Herringbone Floors, Coffered Ceilings/Potlights/ Wrap Around Lighting/ Chandeliars, Built-In Closet in Second Bedroom with a Walk Out Balcony, Upgraded Zebra Folded Blinds, New Style One Piece Washer/Dryer Combo. Primary Washroom has a Ton of Room with an Extra Linen Closet, Bench in Shower and lots Shampoo Space in the Oversize Niche. Primary Room is Oversized which you'll see that it's fitting a King Size Bed, Sitting area by the large Bay Window and still Lots of Space for an Armoire. Kitchen has Under Cabinet LIghting, Large 36 Inch Counter Depth Fridge with a Water Dispenser, Upgraded Microwave Oven has an Extension Fan thats comes out for extra coverage. Breakfast Server/Island in Eat-In area that has More Storage, Wine Rack and a Decorative Quartz on the Wall that goes up to the Ceiling. Customized Panelled walk- In Closet. Built-In Front Entrance Closet that has enough Space for your Coats/ Accessories and Many Shoes. When Maintained Building. Building just Change most of the Windows in the Unit last week.2 Owned Underground Parking is unbelievable with 2 Side by Side with the entrance right across. 1 Owned Locker. 24hr Concierge, Indoor Pool, Library, Gym, Party Room, Squash Court, Tennis/Pickleball Court. Super Central from Supermarkets, Shuls, Schools, Transit, Medical Building all Walkable. Building is Changing the Hallways.
Estimate your monthly payments for this property
Estimated Payment
$4,709.82/mo
Includes CMHC insurance ($25,612)
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 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
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.
7 Townsgate Drive Unit 308, 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 $765/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 18 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.
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.
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 $3,825 (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.