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Unit 303 at Park Terrace II

Sold

81 TOWNSGATE Drive 303, Vaughan, ON L4J 8E6

MLS #N11988674

$605,000

Sold on May 8, 2025

May 8, 2025

Originally listed at $649,000 9 days on market

About This Property

Welcome to Park Terrace! Don't miss this opportunity to move into this sun-filled, spacious and rarely-offered corner 2 bedroom, 2 bath suite, featuring approx 1018 square feet of comfortable family living and entertaining space. Enjoy the beautiful, unobstructed treed view out of the panoramic windows or linger over a tranquil evening dinner on your private balcony as you take in breathtaking sunsets. The updated eat-in kitchen boasts an intimate breakfast nook and overlooks the elegant and expansive living room. The primary bedroom offers a secluded retreat from the rest of the apartment, complete with an updated 3 piece ensuite. In addition, the second bedroom is perfect for guests or home office. Amenities include outdoor pool, tennis court, gym, dry sauna and party room. Park Terrace is an ideal location for professionals and families since you are just steps away from TTC, groceries, direct bus to Yonge/Finch or Pioneer Station, York University. Minutes from recreation, parks, shopping and major transit routes. Maintenance fees include all utilities, including cable TV. Meticulously kept, it is a must to see!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1066/mo) and property tax ($2,356/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$590/sqft
Crestwood-Springfarm-Yorkhill
$545/sqft+8.3%
Vaughan
$667/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeFan Coil
StyleApartment
Ensuite LaundryNo
Corp #TSCC-845
MLS Size1000-1199
Listed OnFeb 25, 2025
Maintenance Fees$1,066/month
Property Tax$2,356/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)6.08 x 3.719.9 x 12.1-
Kitchen(Flat)3.98 x 2.5313.1 x 8.3-
Primary Bedroom(Flat)4.92 x 3.2716.1 x 10.7-
Bedroom 2(Flat)3.35 x 2.7611.0 x 9.1-

Room Dimensions Available

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Price History

Original List Price

$649,000

Listed on Feb 25, 2025

Sold Price

$605,000

Sold on May 8, 2025

-$44,000

-6.8%

9 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePark Terrace II
Address81 Townsgate Drive, Vaughan
Parking TypeNone

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About Unit 303 at Park Terrace II

Unit 303 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Park Terrace II, 81 Townsgate Drive, Vaughan. This unit is currently sold (sold for $605K).

About Park Terrace II

Park Terrace II is located at 81 Townsgate Drive, Vaughan. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Crestwood-Springfarm-Yorkhill Neighbourhood

This unit is located in Crestwood-Springfarm-Yorkhill, part of Vaughan in the York area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Park Terrace II, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 303 Park Terrace II Vaughan

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