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Unit 902 at Park Terrace II

Sold

81 Townsgate Drive 902, Vaughan, ON L4J 8E6

MLS #N12333024

$500,000

Sold on November 6, 2025

November 6, 2025

Originally listed at $519,500 62 days on market

About This Property

Welcome to this Beautifully Maintained 2-Bedroom Condo in the Highly Sought-After Park Terrace Complex by Menkes, Ideally Situated in the Heart of Thornhill. This bright and spacious unit features a desirable west-facing exposure with clear, unobstructed views of mature trees, the outdoor swimming pool, and tennis court, offering a peaceful and private living experience. The thoughtfully designed split-bedroom layout is perfect for families or shared living arrangements, offering both comfort and privacy. The open-concept living and dining area is bathed in natural light from large, expansive windows that span across the unit. Recent interior upgrades include modern kitchen and bathroom countertops, as well as sleek, updated interior doors, adding a contemporary touch throughout. The generously sized primary bedroom offers a quiet retreat, ideal for rest and relaxation. Located just minutes from Steeles Avenue and the convenience of Finch Subway Station, this condo is within walking distance of TTC & Viva public transit (Walk Score: 86 - "Very Walkable"), shopping centers, top-rated schools, restaurants, community centers, and synagogues, making it perfect for those seeking a vibrant and connected lifestyle. All utilities, including high-speed internet & TV Cable, are included in the maintenance fees, adding exceptional value. Residents enjoy access to a wide range of amenities such as an Outdoor Pool, Tennis Court, Gym, Sauna, Party Room, Visitor Parking, and a 24/7 Security Gatehouse. Don't Miss the Opportunity to Own this Beautifully Updated Condo in one of Thornhill's Most Desirable Communities.* Ideal for First-Time Buyers, Small Families, Downsizers or Seniors looking for quiet luxury*

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($941/mo) and property tax ($2,020/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$624/sqft
Crestwood-Springfarm-Yorkhill
$545/sqft+14.6%
Vaughan
$667/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 832 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

832 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-845
MLS Size800-899
Listed OnAug 7, 2025
Maintenance Fees$941/month
Property Tax$2,020/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)5.28 x 3.2517.3 x 10.7-
Dining Room(Main)5.28 x 3.2517.3 x 10.7-
Kitchen(Main)2.71 x 2.628.9 x 8.6-
Primary Bedroom(Main)4.45 x 3.3514.6 x 11.0-
Bedroom 2(Main)3.93 x 2.8912.9 x 9.5-
Foyer(Main)2.45 x 1.698.0 x 5.5-
Bathroom(Main)3.15 x 1.5210.3 x 5.0-
Other(Main)3.15 x 1.5910.3 x 5.2-

Room Dimensions Available

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Unit 902 History

Complete transaction history for this unit

Terminated

Listed: Jun 25, 2025

$539,900

42 days on marketSale
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Price History

Original List Price

$519,500

Listed on Aug 7, 2025

Sold Price

$500,000

Sold on Nov 6, 2025

-$19,500

-3.8%

62 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 902 at Park Terrace II

Unit 902 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 $500K).

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 902 Park Terrace II Vaughan

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