7 Townsgate Boulevard 904, Vaughan

$649,000
7 Townsgate Boulevard 904

$649,000

New
22d
Condo ApartmentApartment

7 Townsgate Boulevard 904, Vaughan

Total Monthly Obligation $4,653

Beds
2
Baths
2
Park
3
Sqft
1200-1399
DOM
22d
Score
15
Yield
6.0%
Cash on Cash
-10.4%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.3%
Property Type-Condo Apartment
MLS® Number-N13846888
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,421.65 (2025)
Maintenance-$1,550.3/mo
Locker-Owned
Parking-3 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HERSH REALTY GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60/TBD
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

A rare opportunity at 7 Townsgate! This sprawling 1,362 sq. ft. residence delivers the space, light and outdoor living that are almost impossible to find in condo living. One of only six suites in the building featuring an incredible approx. 300 sq. ft. private terrace, this sun-filled home offers breathtaking open views and an exceptional indoor-outdoor lifestyle.Beautifully renovated and meticulously maintained, the suite features expansive family-sized living and dining areas, a stunning updated kitchen with high-end cabinetry, premium appliances, granite counters and marble floors. The oversized primary retreat offers a beautifully redesigned ensuite and walk-in closet, while the generously sized second bedroom provides exceptional flexibility for family, guests or a home office.Thoughtful upgrades throughout include solid wood floors, crown mouldings, smooth ceilings, designer lighting and custom closet organizers. And the extras are truly unmatched: an oversized locker conveniently located on the same floor plus THREE parking spaces.Enjoy resort-style amenities including 24-hour concierge, indoor pool, gym, sauna, squash, basketball and pickleball courts, library, walking trails and more. Ideally located in the heart of Thornhill, just steps to transit, shopping, restaurants, parks and everyday conveniences. A truly special residence offering exceptional space, lifestyle and value.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$4,653/mo
Mortgage $2,618
Monthly Loss $3,964
Principal$689
Interest$1,929
Property Tax$285
Condo Fees$1,550
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-14.9%0
5-Year IRR
4.4%9
10-Year IRR
6.7%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,000/yr
NOI
$10,675/yr
Net Cash Flow
-$1,728/mo
Cash Margin
-53.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
17.7/ 100

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

Comparables

Properties near 7 Townsgate Boulevard 904

Time

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