506-91 Townsgate Drive, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13750308

$439,800
For Sale
Listed 43 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Bright, Spacious & South-Facing Split 2-Bedroom (Approx.
  • Enjoy Great Building Amenities, Including Gym, Outdoor Pool, Party/Recreation Room, Sauna, Squash Court, Tennis Court & Visitor Parking.

Bright, Spacious & South-Facing Split 2-Bedroom (Approx. 800 Sq. Ft.) Condo Suite! Functional Layout With Spacious Bedrooms & Private Balcony. Laminate Flooring Throughout & One Parking Space. Excellent Value & A Great Opportunity For First-Time Buyers, Downsizers & Investors. Maintenance Fees Include Water, Heat, Hydro, CAC & Cable TV. Enjoy Great Building Amenities, Including Gym, Outdoor Pool, Party/Recreation Room, Sauna, Squash Court, Tennis Court & Visitor Parking. Convenient Transit Access With TTC Bus Connections To Finch Station & Beyond. Conveniently Located Near Shopping, Restaurants, Parks & Major Highways. Fantastic Value At This Price - Don't Miss This Opportunity!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13750308
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Steels/Bathurst
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$749/mo
Exposure
South
Property tax
$2,098 / 2026
Days on market
43
Listing brokerage
NEW CONCEPT PLUS REALTY INC.

Rooms

KitchenMain2.57 × 3.53 m

laminate · combined w/laundry · overlooks living

Primary BedroomMain4.46 × 3.04 m

laminate · b/i closet · large window

Dining RoomMain3.33 × 6.19 m

laminate · combined w/living · open concept

Living RoomMain3.33 × 6.19 m

laminate · combined w/dining · w/o to balcony

Bedroom 2Main2.77 × 3.85 m

laminate · b/i closet · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Crestwood-Springfarm-Yorkhill · asking prices
$476kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $561/sqft; this home lists at $587/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
440kThis home495k530k479k400kThis home vs active comparables

Neighbourhood & location

Crestwood-Springfarm-Yorkhill, Vaughan, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Brownridge
$557K
Beverley Glen
$572K
Vaughan Corporate Centre
$485K
Concord
$563K
Vellore Village
$500K

Typical asking price of active listings of the same type, per area (outliers removed). Vaughan.

Get the full neighbourhood report (schools, parks, transit & safety) →

Affordability & Mortgage

Affordability
$2,004/mo
$100KIncome needed
4.4×Price ÷ income
$463Weekly cost
$5,271Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

68%mortgage
Mortgage $2,004Property tax $175Condo fee $749Total carry $2,928

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,945per month

Mortgage amount $351,840 · 4.49% over 25 years

$87,960Down payment (20.0%)
$351,840Loan before insurance
$0CMHC premium
$2,869Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,945
Property tax
$175
Condo / maintenance fees
$749
Heating
$0
Estimated monthly cost
$2,869

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,271
Estimated closing costs
$5,271

Plus your down payment of $87,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,355/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$231,775Total interest paid
$583,615Total of all payments
Principal $351,840 Interest $231,775
YearPrincipalInterestBalance
1$7,852$15,493$343,988
2$8,208$15,137$335,780
3$8,581$14,764$327,200
4$8,970$14,374$318,229
5$9,378$13,967$308,852
6$9,803$13,541$299,048
7$10,249$13,096$288,800
8$10,714$12,631$278,086
9$11,200$12,144$266,886
10$11,709$11,636$255,177
11$12,240$11,104$242,936
12$12,796$10,548$230,140
13$13,377$9,967$216,763
14$13,985$9,360$202,778
15$14,620$8,725$188,159
16$15,283$8,061$172,875
17$15,977$7,367$156,898
18$16,703$6,642$140,195
19$17,461$5,884$122,734
20$18,254$5,091$104,480
21$19,083$4,262$85,397
22$19,949$3,395$65,448
23$20,855$2,490$44,593
24$21,802$1,543$22,792
25$22,792$553$0

At the end of your 5-year term

Total paid over the term
$116,723
Principal paid down
$42,988
Interest paid
$73,735
Balance remaining
$308,852

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
3.2%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.5%
Gross yield
− Property tax $2,098− Condo fees $8,985− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,950

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NEW CONCEPT PLUS REALTY INC.. MLS®/PropTx.

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