1203-7 Townsgate Drive, Vaughan, ON

Crestwood-Springfarm-Yorkhill, Vaughan · MLS® N14024180

$890,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Stunning, Bright, Fully Renovated and Remodelled W/Impeccable Quality 2 Brm Residence.
  • Custom Kitchen W/ Centre Island, Open L/Rm W/Electric Fire Place, Unique Decorative Lighting, TV Unit, Sun-filled Breakfast Area With B/I Shelves.
  • Five Stars Amenities Include Tennis Courts, Fitness Centre, Indoor Pool And More.
  • Steps To Parks, Shopping&Transit.

Stunning, Bright, Fully Renovated and Remodelled W/Impeccable Quality 2 Brm Residence! Custom Kitchen W/ Centre Island, Open L/Rm W/Electric Fire Place, Unique Decorative Lighting, TV Unit, Sun-filled Breakfast Area With B/I Shelves. Luxurious Finishes Incl: Quartz Counter Tops, Backsplash, Pot Lights, Hidden LED Decorative Lighting, Top Laminate Flrs, Custom Blinds, Mirror/Glass Sliding Closet Drs. Come, See And Compare - Just Spacious And Beautiful!! Five Stars Amenities Include Tennis Courts, Fitness Centre, Indoor Pool And More. 24-Hour Security. Steps To Parks, Shopping&Transit. All Photos Featuring Furniture And Decor Have Been Virtually Staged.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N14024180
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Bathurst / Steeles
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,550/mo
Exposure
East West
Property tax
$3,326 / 2025
Days on market
6
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Bedroom 2Flat6.72 × 3.00 m

combined w/sitting · laminate · pot lights

Primary BedroomFlat5.35 × 3.16 m

4 pc ensuite · walk-in closet(s) · pot lights

BreakfastFlat3.01 × 2.50 m

large window · laminate · led lighting

KitchenFlat4.07 × 2.50 m

renovated · led lighting · overlooks living

Dining RoomFlat7.11 × 3.30 m

laminate · pot lights · combined w/living

Living RoomFlat7.11 × 3.30 m

laminate · electric fireplace · combined w/dining

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
$889kavg 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 $666/sqft; this home lists at $685/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
890kThis home898k869k849k939k888kThis 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
$485K
Concord
$563K
Vellore Village
$500K

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
$4,056/mo
$195KIncome needed
4.6×Price ÷ income
$936Weekly cost
$14,275Land 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.

69%mortgage
Mortgage $4,056Property tax $277Condo fee $1,550Total carry $5,884

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,937per month

Mortgage amount $712,000 · 4.49% over 25 years

$178,000Down payment (20.0%)
$712,000Loan before insurance
$0CMHC premium
$5,764Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,937
Property tax
$277
Condo / maintenance fees
$1,550
Heating
$0
Estimated monthly cost
$5,764

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

One-time closing costs

Ontario land transfer tax
$14,275
Estimated closing costs
$14,275

Plus your down payment of $178,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,765/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

$469,031Total interest paid
$1,181,031Total of all payments
Principal $712,000 Interest $469,031
YearPrincipalInterestBalance
1$15,889$31,352$696,111
2$16,610$30,631$679,501
3$17,364$29,877$662,137
4$18,153$29,088$643,984
5$18,977$28,264$625,007
6$19,839$27,403$605,168
7$20,739$26,502$584,429
8$21,681$25,560$562,748
9$22,665$24,576$540,082
10$23,695$23,547$516,388
11$24,770$22,471$491,617
12$25,895$21,346$465,722
13$27,071$20,170$438,651
14$28,300$18,941$410,351
15$29,585$17,656$380,767
16$30,928$16,313$349,838
17$32,332$14,909$317,506
18$33,800$13,441$283,706
19$35,335$11,906$248,370
20$36,939$10,302$211,431
21$38,617$8,625$172,814
22$40,370$6,871$132,444
23$42,203$5,038$90,241
24$44,119$3,122$46,122
25$46,122$1,119$0

At the end of your 5-year term

Total paid over the term
$236,206
Principal paid down
$86,993
Interest paid
$149,213
Balance remaining
$625,007

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$4,100/mo
$49,200Gross annual rent
2.4%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.

5.5%
Gross yield
− Property tax $3,326− Condo fees $18,604− Insurance $600− Vacancy & upkeep $5,412Net operating income $21,258

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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