515-7 Townsgate Drive, Vaughan, ON
Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13778434
About this home
In short
- Welcome to this spacious and beautifully updated approx.
- 2-bedroom condo, offering an exceptional blend of comfort, style and convenience.
- The spacious living and dining rooms feature beautiful hardwood flooring and crown moulding, creating a warm and sophisticated setting for everyday living and...
- The generous primary bedroom offers a large walk-in closet and a beautifully updated 4-piece ensuite, complete with a glass-enclosed shower and separate soaker...
- The second bedroom features hardwood flooring and a good-sized closet, complemented by a convenient 4-piece main bathroom.
Welcome to this spacious and beautifully updated approx. 1,400 sq. ft. 2-bedroom condo, offering an exceptional blend of comfort, style and convenience. Bright and inviting throughout, this generously sized suite features a large solarium/family room that provides the perfect space for relaxing, entertaining or enjoying additional living area.The updated kitchen combines style and functionality with elegant granite countertops and a ceramic backsplash. The spacious living and dining rooms feature beautiful hardwood flooring and crown moulding, creating a warm and sophisticated setting for everyday living and entertaining.The generous primary bedroom offers a large walk-in closet and a beautifully updated 4-piece ensuite, complete with a glass-enclosed shower and separate soaker tub-your own private retreat at the end of the day. The second bedroom features hardwood flooring and a good-sized closet, complemented by a convenient 4-piece main bathroom.Additional conveniences include one parking space and one locker, In-suite laundry, along with an impressive array of building amenities and features.Ideally located in a highly convenient area, just steps from shopping, transit and everyday amenities, this exceptional condo offers space, comfort and convenience in one desirable package. A wonderful opportunity for those seeking a spacious, well-appointed home in a prime location.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13778434
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Bathurst and Steeles
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,526/mo
- Exposure
- North West
- Property tax
- $3,297 / 2026
- Days on market
- 35
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rooms
granite counters · ceramic backsplash · eat-in kitchen
hardwood floor · crown moulding · open concept
ceramic floor · large window
hardwood floor · 4 pc ensuite · walk-in closet(s)
hardwood floor · crown moulding · open concept
hardwood floor · closet
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
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $526/sqft; this home lists at $566/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Crestwood-Springfarm-Yorkhill, Vaughan, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
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
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $588,800 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,256
- Property tax
- $275
- Condo / maintenance fees
- $1,526
- Heating
- $0
- Estimated monthly cost
- $5,056
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,195
- Estimated closing costs
- $11,195
Plus your down payment of $147,200. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $195,335
- Principal paid down
- $71,940
- Interest paid
- $123,394
- Balance remaining
- $516,860
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. MLS®/PropTx.