91 Townsgate Drive 710, Vaughan

$599,900
91 Townsgate Drive 710

$599,900

New
4d
Condo ApartmentMulti-Level

91 Townsgate Drive 710, Vaughan

Total Monthly Obligation $3,721

Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
4d
Score
17
Yield
5.7%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-N14096550
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-Multi-Level
Building Type-Condo Apartment
Taxes-$2,535 (2026)
Maintenance-$890.18/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-iCloud Realty Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Crestwood-Springfarm-Yorkhill
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 710 - a newly renovated Corner unit with amazing balcony offering East and North views, oevrlooking North York skyline. A thoughtfully designed layout offers great flexibility with use and has no wasted space - highly spacious 2-bedrooms, 2-full bathrooms and 2-owned parking spaces. Balcony can be accessed through both Living room and Kitchen. Two large bedrooms offer great views and ample daylight. The master bedroom features ensuite 4-piece bathroom and his-her closets that feel like walk-in closets. ***All-inclusive maintainance fees ***NEW HIGH-QUALITY 10MM WATERPROOF HYBRID FLOORING, NEW KITCHEN STONE COUNTERTOP, and NEWLY RENOVATED BATHROOMS. ***Building common areas are fully renovated in 2025. All amenites, outdoors and indoor common areas are regularly maintained through the building management ***EV CHARGING PARKING SPACES installed and ample guest parking spaces are also available ***Amenities include an outdoor pool, tennis court, Gym, Sauna, Library, Party/ Multi-purpose room and beautifully landscaped grounds. Conveniently located at Bathurst/Steeles intersection and has direct bus to Finch station. Located at the border of Toronto, this location helps you save the Toronto Municipal Land Transfer Tax while also giving easy downtown access.***Easy access to shopping, entertainment and restaurants in the neighborhood ***Additional $50/month in condo fees applicable for cable and high-speed internet.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$3,721/mo
Mortgage $2,420
Monthly Loss $3,084
Principal$637
Interest$1,783
Property Tax$211
Condo Fees$890
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.5%21
10-Year IRR
8.8%
Returns Index
11.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,404/yr
NOI
$15,346/yr
Net Cash Flow
-$1,141/mo
Cash Margin
-39.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.8/ 100

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

Comparables

Properties near 91 Townsgate Drive 710

Time

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