7 Townsgate Drive
Building Details
Listing History for 7 Townsgate Condos
Amenities
Maintenance Fees
About 7 Townsgate Drive — 7 Townsgate Condos
Anyone who’s seeking a Vaughan condo for sale should consider 7 Townsgate Condos at 7 Townsgate Drive. Townsgate I Limited completed this building back in 1991, but unlike other buildings of that age, maintenance fees are on the higher end at $0.91 per-square-foot. The 17-storey building is home to 226 suites with units ranging between 1000 and 1600 square feet.
This condo has a Walk Score of 79 and a low demand ranking, based on Strata.ca’s analytics. Maintenance fees at 7 Townsgate Drive are $0.91 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).
The Suites
Here are some stats that would interest renters or buyers at 7 Townsgate Drive: 7 units have been sold in the past 12 months, and 7 units have been rented over the same period.
In terms of price per-square-foot, the average cost is $671 and units tend to sell for -3.95% below the list price. Units at 7 Townsgate Drive have a low probability of receiving more than one offer. On average, a suite will spend 39 days on the market.
The Neighbourhood
This is an excellent location for those who love to dine out, with great restaurants close by such as A&W Canada, Pho Viet Xpress and Gino's Pizza. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 10 minutes to get to Starbucks, Second Cup and McDonald's.
Grocery shopping is never a chore with stores such as Metro, FreshCo and H Mart in the area.
7 Townsgate Condos is a great choice for residents who are money conscious — with banks like CIBC Branch with ATM and Scotiabank nearby.
Everyone can benefit from sunshine and Vitamin D, so you’ll love to know that Emerald Lane Parkette, Lakehurst Park and Moore Park are less than 15 minutes walking distance from 7 Townsgate Drive.
Those who love to shop will appreciate all the options nearby with Promenade Shopping Centre, Yorkville North and Centerpoint Mall just 5 minutes from here.
When the weekend rolls around, Orlov Art Gallery, Philip Winestone Photographs and Michel Socha Art Studio are within a short 2-minute drive away.
There are plenty of nearby school choices — Pleasant Public School and Rockford Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that UCMAS Abacus & Mental Math School, North West Year Round Alternative Centre and Newtonbrook Secondary School can be reached by car in under 3 minutes.
Transportation
Transit riders can catch the Steeles Ave West At Bathurst St East Side within minutes. Finch Station isn’t within a close walking distance, but you can drive there in about 7 minutes.
If you’re interested in checking out other similar condos within walking distance, you might like 11 Townsgate Drive, 91 Townsgate Drive and 81 Townsgate Drive.
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Listings For Sale
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Price Cut: $11,111 (Dec 3)
Price Increase: $186,000 (Nov 27)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At 7 Townsgate Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 7 Townsgate Drive
2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|
Price Range | $735,000 - $1,005,000 | $876,000 - $950,000 | No Data |
Avg. Cost Per Sqft | $643 | $671 | No Data |
Price Range | $3,000 - $3,650 | $3,500 | $3,400 |
Avg. Wait for Unit Availability | 37 Days | 97 Days | 220 Days |
Avg. Wait for Unit Availability | 184 Days | 211 Days | No Data |
Ratio of Units in Building | 71% | 30% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Thornhill - Vaughan