Skip to main
    Vaughan / Thornhill - Vaughan

    311 - 81 Townsgate Dr

    For SalePark Terrace Condos
    $555,888
    2 Beds
    1 Bath
    1 Parking
    829 SQFT
    28 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $860/mth
    Taxes:
    $2,065 (2024)
    Cost Per Sqft:
    $671/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    August 4, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Ceramic Floor, Ceramic Back Splash
    9.45 x 8.73ft
    Living
    Combined with Dining, Laminate, Walkout To Balcony
    17.06 x 11.55ft
    Dining
    Combined with Living, Laminate, Open Concept
    17.06 x 11.55ft

    About this Listing

    Bright and Spacious 2 Bedroom Unit Overlooks Mature Trees, Outdoor Swimming Pool and Tennis Court. Spacious Size Rooms, Very Functional Layout. Unit Is Clean and Well Cared. All Utilities Are Included In Maintenance Fees. Excellent Area: Walking Distance to Shops, Transit, Restaurants, Synagogues. Building Amenities: Outdoor Pool, Gym, Sauna, Tennis Court, Party Room, Visitor Parking, Security Gate & More. Excellent For First Time Buyers or Empty Nesters. **EXTRAS** Newer Stainless Steel Fridge, Stove, B/I Dishwasher, Washer and Dryer

    re/max west realty inc.MLS® #N11955163

    Amenities

    Visitor Parking
    Rec Room
    Gym Room
    Tennis Court
    Concierge
    Outdoor Pool

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    48,278
    Average Individual Income
    $77,889
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $134,042
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    20%
    50 - 64
    23%
    65+
    16%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    65%
    Semi Detached
    15%
    High Rise Apartment
    7%
    Duplex
    6%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    79%
    Other
    9%
    Mandarin
    5%
    Cantonese
    5%
    Russian
    1%
    Tamil
    1%
    Education
    University and Above
    30%
    High School
    28%
    College
    19%
    None
    14%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Humanities
    5%
    Math & Computer Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Park Terrace Condos vs The Thornhill - Vaughan Area

    Building Trends At Park Terrace Condos

    Days on Strata

    Units at Park Terrace Condos spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Thornhill - Vaughan

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    12%
    Increase in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 48 condos in the Thornhill - Vaughan area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Park Terrace Condos offers the
    ?
    best value out of 48 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    Park Terrace Condos has the
    ?
    highest ROI out of 48 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    Park Terrace Condos yields the
    ?
    highest rent prices out of 48 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    Park Terrace Condos is the
    ?
    most popular building out of 48 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 81 Townsgate Drive

    1 Bed2 Bed
    Price Range$500,000$602,000
    Avg. Cost Per Sqft$1,036$587
    Avg. Wait for Unit Availability1000 Days61 Days
    Ratio of Units in Building3%98%

    Transactions vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan