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    91 Townsgate Drive

    Park Terrace II Condos
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    Building Details

    Property Type:
    Condo
    Number of Storeys:
    14
    Number of Units:
    162
    Condo Completion:
    1995
    Condo Demand:
    High
    Unit Size Range:
    521 - 1,198 SQFT
    Unit Availability:
    Low

    Listing History for Park Terrace II Condos

    Receive listing updates for Thornhill - Vaughan

    Amenities

    Concierge
    Security System
    Tennis Court
    Gym Room
    Rec Room
    Outdoor Pool

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 91 Townsgate DrivePark Terrace II Condos

    Anyone who’s seeking a Vaughan condo for sale should consider Park Terrace II Condos at 91 Townsgate Drive. Menkes completed this building back in 1995, but unlike other buildings of that age, maintenance fees are higher than average at $0.83 per-square-foot. The 14-storey building is home to 162 suites with units ranging between 521 and 1198 square feet.

    This condo has a high demand ranking per Strata.ca analytics and a Walk Score of 76. Maintenance fees are $0.83 per-square-foot, which is higher than the neighbourhood average of $0.72 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 91 Townsgate Drive is $625, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at Park Terrace II Condos spend 22 days on the market on average and usually sell for -4.30% below the listing price. In the last 12 months, 4 units have rented, and 5 have sold.

    The Neighbourhood

    Living here means you’re just a 5-minute walk from Subway and Gino's Pizza, making it easy to dazzle your taste buds without much effort. If you enjoy grabbing coffee locally, then you’ll love the fact that you can walk less than 10 minutes to get to Starbucks, Chai Paratha Toronto and Second Cup.

    Grocery pick-ups are made easy thanks to Metro, FreshCo and H Mart within a 16-minute walk.

    Residents here can stop by CIBC Branch with ATM and Scotiabank on their way home from work, so they can take care of their financial needs.

    There are plenty of parks nearby to keep your family busy, including Emerald Lane Parkette, Lakehurst Park and Moore Park, which are less than 12 minutes away by foot.

    Enhance your personal style while living in the Thornhill - Vaughan neighbourhood by visiting Yorkville North, Centerpoint Mall and Promenade Shopping Centre.

    There are also several unique attractions nearby to keep yourself entertained, such as Philip Winestone Photographs, Orlov Art Gallery and Michel Socha Art Studio — all just a quick 16-minute walk 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 users aren’t far from a light transit stop at Steeles Av / Village Gate. Finch Station is about a 7-minute drive from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 81 Townsgate Drive, 11 Townsgate Drive and 1 Emerald Lane.

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    Explore Thornhill - Vaughan

    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 condos

    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%

    Maintenance Fees

    Park Terrace II Condos vs The Thornhill - Vaughan Area

    Days on Strata

    Units at Park Terrace II Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    6.2
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    17th
    Highest price per SQFT out of 45 condos in the Thornhill - Vaughan area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Park Terrace II Condos offers the
    ?
    best value out of 45 condos in the Thornhill - Vaughan neighbourhood

    Appreciation Rank

    Park Terrace II Condos has the
    ?
    highest ROI out of 45 condos in the Thornhill - Vaughan neighbourhood

    Rental Yield

    Park Terrace II Condos yields the
    ?
    highest rent prices out of 45 condos in the Thornhill - Vaughan neighbourhood

    High Demand

    Park Terrace II Condos is the
    ?
    most popular building out of 45 condos in the Thornhill - Vaughan neighbourhood

    Transaction Insights at 91 Townsgate Drive

    1 Bed2 Bed
    Price RangeNo Data$567,000 - $605,800
    Avg. Cost Per SqftNo Data$644
    Avg. Wait for Unit Availability747 Days42 Days
    Ratio of Units in Building3%98%

    Unit Sales vs Inventory

    Total number of units listed and sold in Thornhill - Vaughan