Item: 7 Townsgate Condos
Rating: 4
Author: Owen Cruz

7 Townsgate Condos

Anyone who&rsquo;s seeking a <a href="https://strata.ca/vaughan/condos-for-sale">Vaughan condo for sale</a> 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 quite high at $1.01 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 an average demand ranking, based on Strata.ca&rsquo;s analytics. Maintenance fees at 7 Townsgate Drive are $1.01 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).

Townsgate I Limited

Del Property Management Inc.

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This is an excellent location for those who love to dine out, with great restaurants close by such as A&amp;W Canada, Pho Viet Xpress and Gino's Pizza. If you enjoy grabbing coffee locally, then you&rsquo;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 &mdash; with banks like CIBC Branch with ATM and Scotiabank nearby.Everyone can benefit from sunshine and Vitamin D, so you&rsquo;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 &mdash; Pleasant Public School and Rockford Public School &mdash; with more in neighbouring areas so you can find the best school for your child&rsquo;s needs. Families with older children will be happy to know that UCMAS Abacus &amp; Mental Math School, North West Year Round Alternative Centre and Newtonbrook Secondary School can be reached by car in under 3 minutes.

Here are some stats that would interest renters or buyers at 7 Townsgate Drive: 9 units have been sold in the past 12 months, and 3 units have been rented over the same period.In terms of price per-square-foot, the average cost is $598 and units tend to sell for -4.04% 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 31 days on the market.

Transit riders can catch the Steeles Ave West At Bathurst St East Side within minutes. Finch Station isn&rsquo;t within a close walking distance, but you can drive there in about 7 minutes.If you&rsquo;re interested in checking out other similar condos within walking distance, you might like <a href="https://strata.ca/vaughan/91-townsgate-dr-park-terrace-ii-condos">91 Townsgate Drive</a>, <a href="https://strata.ca/vaughan/81-townsgate-dr-park-terrace-condos">81 Townsgate Drive</a> and <a href="https://strata.ca/toronto/777-steeles-ave-w-777-steeles-ave-condos">777 Steeles Avenue W</a>.

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Spacious units, nice amenities like a pool and tennis courts. Elevator issues and slow management response can be frustrating. Decent living overall if you're patient with the building's quirks.

Owen Cruz

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7 Townsgate Condos / Reviews