$899,000 - 7 Townsgate Drive Unit 604, Vaughan
Condo for Sale in Vaughan
66 days on market- MLS Number
- N12983230
- Property Type
- Condo
- Status
- active
- Days on Site
- 66
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Vaughan
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Largest 1,546 Sq Ft corner unit with quality finishes! Beautifully designed & sun filled with great open views! Amazing floorplan, meticulously maintained, spacious family-size living & dining areas, high quality kitchen, stunning breakfast area, breathtaking front garden views, two large bedrooms, huge master with ensuite bath & a walk-in closet, two full stunning washrooms, closet organizers in both bedrooms & in the foyer, large laundry room with a sink & a beautiful inviting foyer. Simply impressive! High quality kitchen cabinets, high quality appliances, marble floors, granite counters, solid wood floors, high baseboards, crown moldings, smooth ceiling, beautiful light fixtures, pot lights, curtains, custom painted doors - one of a kind! Convenient same floor locker & 2 tandem parking spots (can park 4 cars)! Luxury 7 Townsgate building with exceptional amenities: 24hrs concierge, indoor pool, jacuzzi, sauna, gym, billiards, squash, basketball, pickleball courts, library, walking trail, indoor summer garden, gazebos & visitor parking. The building is located in a perfect Thornhill location at the NE corner of Bathurst/Steeles with walking distance to everything! Grocery stores, restaurants, cafes, parks, places of worship, TTC at your door step & much more. Book your showing today!
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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 604, 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 $642/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 66 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.
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 $3,746 (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.