7 Townsgate Dr #515 is a 2-bedroom, 2-bathroom condo in Vaughan, listed for $699,180. It has 1200-1399 sq ft of living space.
1Welcome to this spacious and beautifully updated approx. 1,400 sq. ft. 2-bedroom condo, offering an exceptional blend of comfort, style and convenience.
2A wonderful opportunity for those seeking a spacious, well-appointed home in a prime location.
Welcome to this spacious and beautifully updated approx. 1,400 sq. ft. 2-bedroom condo, offering an exceptional blend of comfort, style and convenience. Bright and inviting throughout, this generously sized suite features a large solarium/family room that provides the perfect space for relaxing, entertaining or enjoying additional living area.The updated kitchen combines style and functionality with elegant granite countertops and a ceramic backsplash. The spacious living and dining rooms feature beautiful hardwood flooring and crown moulding, creating a warm and sophisticated setting for everyday living and entertaining.The generous primary bedroom offers a large walk-in closet and a beautifully updated 4-piece ensuite, complete with a glass-enclosed shower and separate soaker tub-your own private retreat at the end of the day. The second bedroom features hardwood flooring and a good-sized closet, complemented by a convenient 4-piece main bathroom.Additional conveniences include one parking space and one locker, In-suite laundry, along with an impressive array of building amenities and features.Ideally located in a highly convenient area, just steps from shopping, transit and everyday amenities, this exceptional condo offers space, comfort and convenience in one desirable package. A wonderful opportunity for those seeking a spacious, well-appointed home in a prime location.
2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $583 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 7 Townsgate Dr #515
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
7 Townsgate Dr #515 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,435
/mo
based on the purchase price of $699,180
$139,836 cash
$559,344 financed
$471,114 total interest
Principal54%$559,344
Interest46%$471,114
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Vaughan
Other 2-bed homes for sale in Vaughan around $699K.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings1,541Homes for sale here right now.
Median vs prior 90 days+3.2%Compared with May 10 – Aug 8, 2026: prices up.
Based on 1,139 sales from Aug 8 – Nov 6, 2026 (896 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale at 7 Townsgate Dr — plus its sale and lease history.
7 Townsgate Dr #515 is listed at $699,180 (MLS® N13778434). Summitly updates the price as soon as the MLS® record changes.
Is $699,180 a good price for 7 Townsgate Dr #515?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Vaughan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 7 Townsgate Dr #515 changed?
Yes — it was first listed at $736,000 and is now $699,180, a drop of $36,820 (5.0%).
How many bedrooms and bathrooms does 7 Townsgate Dr #515 have?
7 Townsgate Dr #515 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Vaughan.
Is 7 Townsgate Dr #515 close to transit?
The nearest rapid-transit station is Finch Station (Line 1), about 2.7 km in a straight line. North York Centre Station is about 3.8 km, and Sheppard-Yonge Station is about 4.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 7 Townsgate Dr #515?
About $3,435 a month — principal and interest on $699,180 with 20% down ($139,836), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 7 Townsgate Dr #515 compare with other homes in Vaughan?
Its asking price of $699,180 is about 38% below the median sold price in Vaughan over the last 90 days, $1,135,000, across 1,139 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7 Townsgate Dr #515 been sold before?
Summitly has no earlier MLS® sale or lease of 7 Townsgate Dr #515 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Townsgate Dr #515?
7 Townsgate Dr #515 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Townsgate Dr #515 been on the market?
53 days — 7 Townsgate Dr #515 was listed on September 14, 2026.
What is the price per square foot of 7 Townsgate Dr #515?
About $500 to $583 per square foot: the asking price of $699,180 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 7 Townsgate Dr #515 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
