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New4 days ago

1206 - 7 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$674,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Rarely Offered!! Live In, Renovate, Or Expand Your Investment Portfolio as a Rental! Welcome To The Highly Sought-After Townsgate Community In Vaughan's Desirable Crestwood-Springfarm-Yorkhill Neighbourhood. This Spacious And Sun-Filled Residence Features A Thoughtfully Designed Split Two-Bedroom Layout With Two Full 4-Piece Bathrooms, Offering Privacy And Functionality For Families, Downsizers, Or Investors Alike. Enjoy Bright, Open-Concept Living And Dining Areas Accented By Rich Parquet Flooring And Expansive Windows That Showcase Sweeping, Unobstructed Views. The Large Sunroom Provides The Perfect Space For A Home Office, Reading Nook, Or Additional Sitting Area. The Generous Primary Suite Includes A Walk-In Closet And A Private 4-Piece Ensuite, While The Second Bedroom Offers Direct Access To Its Own Balcony. Townsgate Residents Enjoy An Exceptional Lifestyle With An Impressive Selection Of Resort-Style Amenities, Including Concierge Service, Indoor Pool, Sauna, Tennis Court, Party Room, Meeting Room, Guest Suites, And Ample Visitor Parking. Maintenance Fees Include Cable TV, Hydro, Heat, Air Conditioning, Water, Parking, Building Insurance, And Common Elements, Providing Outstanding Value And Truly Worry-Free Living. An Exceptional Opportunity In A Well-Established Community Close To Transit, Shopping, Parks, Schools, And Everyday Conveniences.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,486
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,209
mls© NumberN13843786
Listed ByRE/MAX REALTRON REALTY INC.
Common Elements Included
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Parking Included
Building Insurance Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,454
Property tax
$267
Heat allowance
$150
Condo fees, half counted
$743
Housing costs
$4,615 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $134,980
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$2,840 / mo
Cash down
$134,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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