1506-7 Townsgate Drive, Vaughan, ON
Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13862236
About this home
In short
- High-End Designer Renovation.
- This stunning 2-bedroom, 2-bathroom condo has been completely renovated with exceptional attention to detail and quality craftsmanship.
- Enjoy breathtaking views from the open balcony and an elegant interior featuring natural Toscanini oak wall coverings, beautiful herringbone flooring, and designer...
High-End Designer Renovation! This stunning 2-bedroom, 2-bathroom condo has been completely renovated with exceptional attention to detail and quality craftsmanship. Enjoy breathtaking views from the open balcony and an elegant interior featuring natural Toscanini oak wall coverings, beautiful herringbone flooring, and designer finishes throughout.The spacious kitchen is both stylish and functional, featuring high-end stainless steel LG appliances, ample cabinetry, and plenty of storage. The thoughtfully designed living space includes custom built-ins, gimbal pot lights, and a custom TV unit.Both bedrooms offer exceptional storage, including a custom-made walk-in closet with built-in cabinetry in the primary bedroom and a custom built-in closet in the second bedroom. Designer blinds throughout, with blackout blinds in both bedrooms, provide privacy and comfort.Luxurious bathrooms feature Italian tiles and premium finishes. Every detail has been carefully selected to create a sophisticated, move-in-ready home that combines modern elegance with practical living.A MUST SEE! Truly one of a kind and finished to the highest standards.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13862236
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Bathurst&Steeles
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,474/mo
- Exposure
- North East
- Property tax
- $3,209 / 2025
- Days on market
- 14
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
large window · w/o to balcony · b/i closet
walk-in closet(s) · 4 pc ensuite · pot lights
stainless steel appl · pot lights
large window · pot lights
combined w/living · pot lights
combined w/dining · pot lights
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 sale
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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 $658/sqft; this home lists at $723/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 19, 2026); conventional rates run a little higher.
Mortgage amount $751,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,154
- Property tax
- $267
- Condo / maintenance fees
- $1,474
- Heating
- $0
- Estimated monthly cost
- $5,895
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $15,255
- Estimated closing costs
- $15,255
Plus your down payment of $187,800. 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
- $249,211
- Principal paid down
- $91,783
- Interest paid
- $157,428
- Balance remaining
- $659,417
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 RIGHT AT HOME REALTY. MLS®/PropTx.