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Publicly listedPosted 3 months ago

68 Townsgate Drive Vaughan (Crestwood-Springfarm-Yorkhill), Onta

Townsgate Drive, Vaughan (Crestwood-Springfarm-Yorkhill), ON, L4J8A4

Asking Price

$1,549,999

4

Beds

2

Baths

Detached

Type

Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.

About this property

Prime Thornhill location! Exceptional opportunity to renovate and create your dream family home in one of the area's most sought-after neighbourhoods. This spacious 4-bedroom, 2.5-bath home features generous principal rooms, a large eat-in kitchen, mudroom with garage access, and an impressive family/media room above the garage. Main floor den offers potential for an in-law suite or home office. Walk to shopping, restaurants, public transit, Promenade Mall, places of worship, and everyday amenities. Quick access to Hwy 407. Located in a highly regarded school district with nearby public and private schools. A rare opportunity in an unbeatable location! (id:24493) MLS® #N13616928 The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA

Opportunity analysis

Opportunity score

5 / 10

Recommended strategy

Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Parking

Garage

Basement

partially finished or unknown

Separate entrance

No

Business case

Strengths

  • Prime Thornhill location
  • Large eat-in kitchen
  • Potential in-law suite or home office

Opportunities

  • Create dream family home
  • High demand neighbourhood

Weaknesses

  • Needs renovation

Threats

  • None mentioned

Mortgage calculator

Full calculator

20.0%

0%
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Monthly payment (principal + interest)

$8,306

Down payment

$310,000

Mortgage amount

$1,239,999

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $310,000 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$9,856/mo

Mortgage (P+I)

−$8,306

Property tax

−$1,550

Asking Price

$1,549,999

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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