1002-11 Townsgate Drive, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N13879484

$615,000
For Sale
Listed 10 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

Bright & Spacious 2 Bdrm Split Floor Plan, 2 Full Bathroom, Beautiful Unobstructed View With Large Windows, Open Balcony, 24 HR Concierge, Gym, Party/Meeting Room, Great Location, Steps To Medical Centers, Supermarkets, Shops, Banks, Restaurants, Library, Park, Close Distance To Promenade Mall, Movie Theaters, Center Point Mall, Other Services And Much More...

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13879484
Bedrooms
2
Bathrooms
2
Size
900-999 sq ft
Cross streets
Bathurst St/ Steeles Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,113/mo
Exposure
North East
Property tax
$2,757 / 2026
Days on market
10
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
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
$618kavg 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 $598/sqft; this home lists at $648/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
615kThis home625k495k690k750k530kThis 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
$493K
Concord
$563K
Vellore Village
$524K

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
$2,803/mo
$138KIncome needed
4.4×Price ÷ income
$647Weekly cost
$8,775Land 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 $2,803Property tax $230Condo fee $1,113Total carry $4,146

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,720per month

Mortgage amount $492,000 · 4.49% over 25 years

$123,000Down payment (20.0%)
$492,000Loan before insurance
$0CMHC premium
$4,063Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,720
Property tax
$230
Condo / maintenance fees
$1,113
Heating
$0
Estimated monthly cost
$4,063

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

One-time closing costs

Ontario land transfer tax
$8,775
Estimated closing costs
$8,775

Plus your down payment of $123,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,293/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

$324,106Total interest paid
$816,106Total of all payments
Principal $492,000 Interest $324,106
YearPrincipalInterestBalance
1$10,979$21,665$481,021
2$11,478$21,166$469,543
3$11,999$20,645$457,544
4$12,544$20,100$445,000
5$13,113$19,531$431,887
6$13,709$18,935$418,178
7$14,331$18,313$403,847
8$14,982$17,662$388,865
9$15,662$16,982$373,203
10$16,373$16,271$356,830
11$17,117$15,528$339,713
12$17,894$14,750$321,819
13$18,706$13,938$303,113
14$19,556$13,089$283,557
15$20,443$12,201$263,114
16$21,372$11,273$241,742
17$22,342$10,302$219,400
18$23,356$9,288$196,044
19$24,417$8,227$171,627
20$25,526$7,119$146,101
21$26,685$5,960$119,417
22$27,896$4,748$91,521
23$29,163$3,482$62,358
24$30,487$2,157$31,871
25$31,871$773$0

At the end of your 5-year term

Total paid over the term
$163,221
Principal paid down
$60,113
Interest paid
$103,108
Balance remaining
$431,887

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$3,050/mo
$36,600Gross annual rent
2.6%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.

6.0%
Gross yield
− Property tax $2,757− Condo fees $13,354− Insurance $600− Vacancy & upkeep $4,026Net operating income $15,863

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

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