1103-81 Townsgate Drive, Vaughan, ON
Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13840406
About this home
In short
- 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...
- 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...
- 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...
- 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.
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.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13840406
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999 sq ft
- Cross streets
- Bathurst St. & Steeles Ave. W.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,045/mo
- Exposure
- South West
- Property tax
- $2,330 / 2026
- Days on market
- 20
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
hardwood floor · mirrored closet · large window
hardwood floor · large window · w/o to balcony
hardwood floor · walk-in closet(s) · 4 pc ensuite
ceramic floor · ceramic backsplash · breakfast bar
4 pc bath · tile floor · b/i vanity
hardwood floor · open concept · combined w/dining
4 pc bath · tile floor · b/i vanity
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.
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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 $547/sqft; this home lists at $521/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
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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 20, 2026); conventional rates run a little higher.
Mortgage amount $396,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,190
- Property tax
- $194
- Condo / maintenance fees
- $1,045
- Heating
- $0
- Estimated monthly cost
- $3,429
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,375
- Estimated closing costs
- $6,375
Plus your down payment of $99,000. 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
- $131,373
- Principal paid down
- $48,384
- Interest paid
- $82,989
- Balance remaining
- $347,616
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.