$829,000 - 7 Townsgate Drive Unit 413, Vaughan
Condo for Sale in Vaughan
- MLS Number
- N13138864
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- HOMELIFE/VISION REALTY INC.
A Thornhill Beauty. Stunning South West Facing Corner unit boasts an impressive 1,546 Sqft of renovated space featuring 2 Bedrooms with a roomy Den currently used as home office & Breakfast area,2 newly renovated Bathrooms with spacious primary rooms, newly laminated throughout the unit. Functional floor plan ,lots of natural light, oversized living Rm & Dining Rm with large windows and pot lights. Bathrooms offer a spa like experience with modern updated vanities. Lots of closets & storage , custom walk in closet and Ample Ensuite Laundry room. Unwind in the serene indoor garden, or take advantage of the fantastic amenities, including an indoor pool& Jacuzzi with large Sundeck and 2 Saunas (Men & women),library, squash/Tennis courts, and a party/media room. Enjoy peace of mind with a designated parking spot, 24-hour security, and visitor parking. Participate in numerous social events, all managed by an excellent Board of Directors! Conveniently located near the intersection of Steeles and Bathurst, with easy access to TTC and Steeles Ave and lots of great restaurants & shops nearby.
Estimate your monthly payments for this property
Estimated Payment
$4,253.20/mo
Includes CMHC insurance ($23,129)
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 413, 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 $592/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 30 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 $3,454 (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.