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              #1001 7 Townsgate Drive

              near Steeles/Bathurst
              $575,000 2+0bdr • 2ba • 1kit • 1200-1399sf
              Average Income
              $49,216
              Population Age
              60 y/old
              School Score
              8.05/10
              Price Index Change 1y
              +18.06%
              Price Index Change 3y
              +2.41%
              Rent Index Change 1y
              +0.89%
              Rent Index Change 3y
              +24.13%

              Condo Apt • Apartment #1001 • 10 Level

              #1001 7 Townsgate Drive, Crestwood-Springfarm-Yorkhill, Vaughan
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 1200-1399
              • garage 1.0 Undergrnd
              • exposure Sw
              • age 16-30
              • locker Owned
              • possession

                30-60 Days Tba

              $575,000

              $2,867.27
              Tax yr: 2020

              $962.58/m

              CALCULATED NUMBERS:

              $2158.00

              calculator

              $2733

              3

              74 Very Walkable

              64 Good Transit

              53 Bikeable

              8.05/10

              Location Details
              • York

              • Vaughan

              • Crestwood-Springfarm-Yorkhill

              • Steeles/Bathurst

              • L4J7Z9

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              CHESTNUT PARK REAL ESTATE LIMITED, BROKERAGE

              Property Overview
              Fantastic Crestwood-Springfarm-Yorkhill Location, Pristine Well Cared For 2 Bedroom, 2 Bathroom Split Fl Pl, Over 1350 Sq Ft.Sun Drenched Solarium Large Enough For Family,Dining Rm. And/Or Office Space Lg Parking Spot, 5 Star Amenities Including Guest Suites And Parking. Excellent Well Maintained Building, Awaiting Your Personal Touch, Easy To Show.
              Extras: Include: Fridge, S.S.Stove, Washer, Dryer, Carpet W/L, All Light Fixtures. Endless Amenities, Steps To Ttc, Yrt Bus, Shopping. Super Market, Specialty Food Shops, Places Of Worship. Covid Protocol Applies.
              Video tour available. Click to watch.
              Property Features
              • Library
              • Park
              • Place Of Worship
              • Public Transit
              • Concrete
              • Guest Suites
              • Gym
              • Indoor Pool
              • Security Guard
              • Tennis Court
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Family Room
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              Rooms details
              Foyer
              • Main Level
              • Closet
              • Size 1.79x1.44
              Living
              • Main Level
              • Combined W/Dining
              • Size 3.47x7.01
              Solarium
              • Main Level
              • Window
              • Ceramic Floor
              • Open Concept
              • Size 3.35x6.15
              Kitchen
              • Main Level
              • Double Sink
              • Size 2.15x3.14
              2nd Br
              • Main Level
              • Broadloom
              • Linen Closet
              • Size 2.74x4.11
              Br
              • Main Level
              • Ensuite Bath
              • Broadloom
              • W/I Closet
              • Size 3.16x4.60
              Basement
              • None
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              • Listing added to site: 2020-11-20 14:39:37
              • Last updated: 2020-11-21 00:28:26
              • Photos updated: 2020-11-20
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              1001 7 Townsgate Drive is a condo apt apartment, located in Crestwood-Springfarm-Yorkhill of city of Vaughan, York region, near Steeles/Bathurst, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 10 of the building and has South-West exposure of Townsgate Dr. Condo registry office is YRCC, corporation number 812.

              Lot Size and Living Area:

              1001 7 Townsgate Drive has 5+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1200-1399 square feet. 7 Townsgate Drive building was built appriximately 16-30 years ago.
              1.0 parking space(s) are owned and located undergrnd at level Lp2 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Library, Park, Place Of Worship, Public Transit at, or near the property.
              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained, Need personal touch/Fixer-Upper, AIDA Recommended.

              Price & Cost Overview

              General:

              1001 7 Townsgate Drive condo apt is listed for $575,000. Property tax for year 2020 was $2,867. And the monthly maintenance fee was $963.

              Comparative Market Analysis:

              There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $671,265.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,158, and total expenses, including the mortgage, property tax and maintenance, fee around $2,477, assuming $575,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1001 7 Townsgate Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Crestwood-Springfarm-Yorkhill, where 7 Townsgate Drive is located, has $976,943 Home Price Index, and $2,726 Home Rent Index. Average household income at dissemination area of 7 Townsgate Drive is $49,216, and average polulation age is 60 years old.
              Average Home Price Index among 17 evaluated neighborhoods in city of Vaughan is $1,064,360, and average Home Rent Index $2,459.

              Similar Properties & Community Details:

              There are similar to 1001 7 Townsgate Drive 2 bedr condo apt condos listed For Sale and For Rent in city of Vaughan.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 7 Townsgate Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Crestwood-Springfarm-Yorkhill neighborhood in city of Vaughan.

              Schools:

              There are at least 2 school(s) located near 7 Townsgate Drive, or schools, which boundaries this address belongs to with an average School Score 8.05 out of 10. Here are more details about these schools:
              1. Westminster Public School, Public, Elementary, ranked as Good.
              2. Thornhill S.S., Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 74, 64, and 53 accordingly, location of 7 Townsgate Drive overall can be described as Very Walkable, Good Transit, and Bikeable.

              Crestwood-springfarm-yorkhill, Vaughan Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Vaughan Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (105 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 9 to 11 properties like that to be sold in Crestwood-Springfarm-Yorkhill during the next 30 days.
              Seasonal sales fluctuation is showing 30% inventory increase comparing to the average annual number, which is equvalent to 7.42 properties sold per month, and 45% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 3 days, which is 28 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 22% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 11% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 2.71% below its asking price in Crestwood-Springfarm-Yorkhill.
              The selling to asking price ratio is declining in Crestwood-Springfarm-Yorkhill.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS N4995712 Comparative Market Analysis
              1001 7 Townsgate Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Crestwood-springfarm-yorkhill, Vaughan, to the City of Vaughan for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +18.06% comparig to the City of Vaughan average of +13.595%

              Price Index 3y

              Price Index change was +2.41% comparig to the City of Vaughan average of -3.615%

              Rent Index 1y

              Rent Index change was +0.89% comparig to the City of Vaughan average of +3.25%

              Rent Index 3y

              Rent Index change was +2.41% comparig to the City of Vaughan average of -3.615%

              Walkscore

              Walkscore 74 out of 100 means Very Walkable

              Transitscore

              Transitscore 64 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.05 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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