161 Townsgate Drive, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13771162

$1,629,900
For Sale
Listed 38 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

About this home

In short

  • Presenting An Exceptional Executive Residence On Townsgate Dr In The Highly Sought-after Thornhill Area, Space Designed For Sophisticated Family Living And Grand...
  • This Stunning 4+1Bedroom Home Boasts A Sun-drenched Open Layout With Gleaming Hardwood Floors Throughout, A Gourmet Kitchen Featuring Granite Countertops And Solid...
  • Meticulous Upgrades Include A Beautifully Landscaped Backyard Oasis Perfect For Outdoor Gatherings, While The Front Entrance Is Secured By A High-end Alloy Security...
  • Ideally Situated Just Minutes To Steeles And Bathurst, Future Subway Station(Yonge Subway Extension) With Effortless Access To Top-rated Schools, Parks, Shopping...

Location! Location! Presenting An Exceptional Executive Residence On Townsgate Dr In The Highly Sought-after Thornhill Area, Space Designed For Sophisticated Family Living And Grand Entertaining. This Stunning 4+1Bedroom Home Boasts A Sun-drenched Open Layout With Gleaming Hardwood Floors Throughout, A Gourmet Kitchen Featuring Granite Countertops And Solid Wood Cabinets. A Spacious Centre Island, And Premium Stainless Steel Appliances, As Well As Two Elegant Double-sided Gas Fireplaces With Custom Built-ins That Create A Warm, Inviting Atmosphere. Meticulous Upgrades Include A Beautifully Landscaped Backyard Oasis Perfect For Outdoor Gatherings, While The Front Entrance Is Secured By A High-end Alloy Security Door That Combines Safety With Contemporary Style. The Property Offers The Convenience Of A Double Garage And A Heated Driveway-ensuring Effortless Winter Access And Adding A Layer Of Premium Functionality. Four Wired Security Cameras Are Installed To Monitor Both The Front And Rear Yards, Providing Full-coverage Surveillance. Ideally Situated Just Minutes To Steeles And Bathurst, Future Subway Station(Yonge Subway Extension) With Effortless Access To Top-rated Schools, Parks, Shopping, Dining, And Major Highways, This Fully-loaded Executive Home Delivers The Perfect Blend Of Luxury, Comfort, And Unbeatable Convenience In One Of Vaughan's Most Desirable Neighborhoods.

Key facts

Property type
Detached, 2-Storey
MLS®
N13771162
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
37.07 × 95.14 ft
Cross streets
Bathurst/Steeles
Parking
2 garage · 6 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$9,178 / 2026
Days on market
38
Listing brokerage
Century 21 New Concept Simple Realty

Rooms

Primary BedroomSecond5.79 × 3.35 m

gas fireplace · 5 pc ensuite · coffered ceiling(s)

Bedroom 3Second3.66 × 3.17 m

double closet · large window · hardwood floor

Bedroom 2Second4.81 × 4.08 m

semi ensuite · hardwood floor · double closet

KitchenMain9.87 × 4.57 m

combined w/family · hardwood floor · centre island

Living RoomMain6.04 × 3.54 m

coffered ceiling(s) · hardwood floor · coffered ceiling(s)

RecreationLower5.49 × 4.27 m

w/o to yard · 4 pc bath

Family RoomMain9.87 × 4.57 m

gas fireplace · hardwood floor · w/o to deck

Bedroom 4Second3.96 × 3.60 m

double closet · large window · hardwood floor

Dining RoomMain4.87 × 3.46 m

coffered ceiling(s) · gas fireplace · hardwood floor

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
$1.64Mavg 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 $645/sqft; this home lists at $593/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.63MThis home1.89M1.90M1.50M1.50M1.41MThis 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.

Lakeview Estates
$949K
Brownridge
$1.24M
Uplands
$1.55M
Glen Shields
$1.28M
Patterson
$1.73M

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
$7,429/mo
$311KIncome needed
5.2×Price ÷ income
$1,714Weekly cost
$29,073Land 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.

91%mortgage
Mortgage $7,429Property tax $765Total carry $8,193

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,210per month

Mortgage amount $1,303,920 · 4.49% over 25 years

$325,980Down payment (20.0%)
$1,303,920Loan before insurance
$0CMHC premium
$7,974Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,210
Property tax
$765
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,974

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

One-time closing costs

Ontario land transfer tax
$29,073
Estimated closing costs
$29,073

Plus your down payment of $325,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,726/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

$858,959Total interest paid
$2,162,879Total of all payments
Principal $1,303,920 Interest $858,959
YearPrincipalInterestBalance
1$29,098$57,417$1,274,822
2$30,419$56,096$1,244,403
3$31,800$54,715$1,212,603
4$33,244$53,271$1,179,359
5$34,754$51,762$1,144,605
6$36,331$50,184$1,108,274
7$37,981$48,534$1,070,292
8$39,706$46,810$1,030,587
9$41,508$45,007$989,079
10$43,393$43,122$945,686
11$45,363$41,152$900,322
12$47,423$39,092$852,899
13$49,576$36,939$803,323
14$51,827$34,688$751,496
15$54,180$32,335$697,316
16$56,640$29,875$640,676
17$59,212$27,303$581,464
18$61,900$24,615$519,564
19$64,711$21,804$454,853
20$67,649$18,866$387,204
21$70,721$15,795$316,483
22$73,932$12,584$242,552
23$77,288$9,227$165,264
24$80,798$5,718$84,466
25$84,466$2,049$0

At the end of your 5-year term

Total paid over the term
$432,576
Principal paid down
$159,315
Interest paid
$273,261
Balance remaining
$1,144,605

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$5,250/mo
$63,000Gross annual rent
2.8%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

3.9%
Gross yield
− Property tax $9,178− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $45,492

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 New Concept Simple Realty. MLS®/PropTx.

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