81 Townsgate Drive 211, Vaughan

$529,999
81 Townsgate Drive 211

$529,999

New
7d
Condo ApartmentApartment

81 Townsgate Drive 211, Vaughan

Total Monthly Obligation $3,496

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
7d
Score
18
Yield
6.3%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-N14089674
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,120.29 (2026)
Maintenance-$981.78/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Tenant
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Welcome to this tastefully renovated two-bedroom condo in the heart of Thornhill. Featuring beautiful vinyl flooring throughout, beautifully renovated kitchen with top notch s/s appliances with additional 2 year warranty remaining , quartz counter tops, tastefully renovated bathroom with quartz countertops, new vanities , and a functional open-concept layout, this inviting residence offers a warm and comfortable setting for first-time buyers, young families, or those looking to downsize. Enjoy your morning coffee or unwind in the evening on the private balcony overlooking mature trees an ideal retreat for relaxation. Conveniently located near public transit, grocery stores, parks, shopping, places of worship major highways, building features exercise room, outdoor pool, rec room, sauna, tennis court and visitor parking. This home combines everyday convenience with comfortable living in a sought-after Thornhill community.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$423,999
Land Transfer Taxes$7,075
Legal Fees (Est.)
$
Total cash required for closing$114,575

Total Monthly Obligation

$3,496/mo
Mortgage $2,138
Monthly Loss $2,934
Principal$563
Interest$1,575
Property Tax$177
Condo Fees$982
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.7%22
10-Year IRR
9.0%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,360/yr
NOI
$13,722/yr
Net Cash Flow
-$994/mo
Cash Margin
-35.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 81 Townsgate Drive 211

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.