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Listed 2 months ago

1103 - 81 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$510,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Perfect for first-time home buyers, this bright and spacious 2-bedroom, 2-bathroom condo at 81 Townsgate Drive #1103 in Vaughan offers exceptional value, comfort, and convenience in a prime Bathurst & Steeles location. This well-maintained unit features approximately 900+ sq. ft. of carpet-free living space with an open-concept layout, large windows, and a private balcony with clear southwest views. Enjoy the benefit of all utilities included in the maintenance fees-heat, hydro, water, A/C, parking, and more-providing excellent cost certainty and affordability. The unit is equipped with new appliances, in-suite laundry, and a functional kitchen with breakfast bar, while the spacious primary bedroom boasts a walk-in closet and a 4-piece ensuite. A second full bathroom adds flexibility for families or guests. Additional highlights include a new air conditioning system (2023), a building roof replacement (2025), one owned underground parking space, and a locker. Residents enjoy premium amenities such as an outdoor pool, tennis court, sauna, exercise room, party room, and 24/7 gated security. Surrounded by parks like Moore Park, Lakehurst Park, and G. Ross Lord Park. Enjoy nearby schools like St. Elizabeth Catholic High School, Newtonbrook High School, Fisherville Public School, Louis Honore Frechette French Emersion School, Hodan Nalayeh Secondary School, Brownridge Public School. Conveniently located in the Bathurst & Steeles area with access to shopping centres, grocery stores, Promenade Mall & Centrepoint Mall, Bathurst & Clark Resource Library & Goulding Community Recreation Centre. The location offers easy access to the TTC, Viva/YRT busses & Highways 407 & Highway 7.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,045
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,330
mls© NumberN13465612
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,610
Property tax
$194
Heat allowance
$150
Condo fees, half counted
$523
Housing costs
$3,477 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $102,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$102,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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