$699,180

$736,000For salePrice drop↓ $36,820 (5%)

#515 7 Townsgate Drive, Vaughan (Crestwood-Springfarm-Yorkhill) - Single Family for Sale

#515 7 Townsgate Drive, Vaughan (Crestwood-Springfarm-Yorkhill), Ontario, L4J7Z9

2 beds2 baths1 parking1,300 ft²$1,526/mo condo feeListed 52 days ago

Overview

This 2-bedroom, 2-bathroom condo in Vaughan is for sale offering roughly 1,300 sq ft of space. Its $699,180 asking price sits right in line with the $689,900 median in Vaughan. It has been on the market 52 days, fresher than the Vaughan average of 64 days.

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Description

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. (id:66096)

Property Details

MLS®: N13778434
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,526/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,296.55/yr
Listed: 52 days ago

Rooms

Main level

Kitchen: 3.35 x 2.74 meters
Family room: 6.16 x 3.35 meters
Living room: 7.01 x 3.45 meters
Dining room: 7.01 x 3.45 meters
Primary Bedroom: 6.1 x 3.17 meters
Bedroom 2: 4.12 x 2.74 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Hardwood, Ceramic
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Vaughan (Crestwood-Springfarm-Yorkhill) listings, avg age

64d

Price / ft²

$538

List price

$699K

Homes here sell faster than most markets

Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Vaughan (Crestwood-Springfarm-Yorkhill) has been listed for 52 days, which is 12 days fresher than the city average of 64. Act while there is still low competition.

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Listed by HOMELIFE/BAYVIEW REALTY INC. · MELISSA GOODMAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4J)

This home lists at $699,180, about 6.1× the local median household income of $115,000.

Carrying it typically needs a household income of about $136,574 (20% down, 25-yr amortization, stress-tested) — roughly 19% above the area median.

Median household income: $115,000
Population: 75,120
Median age: 45.6
Owner / renter: 85% / 15%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4J)

$699,180· $538/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,918.00

Min 6.42%50%

Mortgage payment$3,627/mo

↳ CMHC premium ($26,170 capitalized)

Property tax (est.)$275/mo

Condo fee$1,526/mo

Total monthly$5,428

Cash Needed to Close

Down payment (6.42%)$44,918

Land transfer tax$10,459

Est. closing costs$4,598

Total cash needed$59,975

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