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Unit 701 at Park Terrace II

Sold

81 Townsgate Drive 701, Vaughan, ON L4J 8E6

MLS #N12366881

$550,000

Sold on December 9, 2025

December 9, 2025

Originally listed at $520,000 41 days on market

About This Property

Welcome to 81 TOWNSGATE Dr 701, Vaughan. Enjoy the beautiful, unobstructed view. Bask in the sun and Tons of natural light to enjoy from living room to Balcony. Featuring a clean, bright decor with white kitchen and quartz countertop and stainless-steel appliances, freshly painted and the floors features brand new high engineered laminate flooring. Full size washer and dryer in unit. Amazing amenities in the building: Outdoor Pool, Tennis Court, Gym, Sauna, Party Room, Visitor Parking, and a 24/7 Security. This is ideal location 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! Don't miss this opportunity

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($920/mo) and property tax ($2,103/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$612/sqft
Crestwood-Springfarm-Yorkhill
$545/sqft+12.4%
Vaughan
$667/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 850 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

800-899 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-845
MLS Size800-899
Listed OnAug 26, 2025
Maintenance Fees$920/month
Property Tax$2,103/year

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Rooms

NameSize (m)Size (ft)Features
Bedroom(Flat)4.8 x 3.115.7 x 10.2-
Bedroom 2(Flat)4.15 x 2.813.6 x 9.2-
Kitchen(Flat)3.35 x 2.611.0 x 8.5-
Living Room(Flat)5.55 x 3.4518.2 x 11.3-

Room Dimensions Available

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Price History

Original List Price

$520,000

Listed on Aug 26, 2025

Sold Price

$550,000

Sold on Dec 9, 2025

+$30,000

5.8%

41 days on market

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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 Type

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About Unit 701 at Park Terrace II

Unit 701 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 800-899 square feet located at Park Terrace II, 81 Townsgate Drive, Vaughan. This unit is currently sold (sold for $550K).

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 701 Park Terrace II Vaughan

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