Maintenance Fees
Park Terrace Condos vs The Thornhill - Vaughan Area
311 - 81 Townsgate Dr
$555,8882 bds1 ba1 pk829 sqft
For SalePark Terrace Condos
62 Days on Strata
$555,888
2 Beds
1 Bath
1 Parking
829 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$860/mth
Taxes:
$2,065 (2024)
Cost Per Sqft:
$671/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
West
Possession Date:
August 4, 2025
Laundry:
Ensuite
Amenities
Rec Room
Guest Suites
Security System
Sauna
Concierge
Squash Court
Party Room
Outdoor Pool
Gym Room
Visitor Parking
Tennis Court
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
ExtrasNewer Stainless Steel Fridge, Stove, B/I Dishwasher, Washer and Dryer, locker and parking
re/max west realty inc.MLS® #N11955163
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
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
Bedroom
Laminate, Closet
14.8 x 10.83ft
2nd Bedroom
Laminate, Closet
12.34 x 9.25ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Thornhill - Vaughan
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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!'
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
Household Income
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%
Building Trends At Park Terrace Condos
Days on Strata
Units at Park Terrace Condos spend an average of
13
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
6%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance 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 againProperty Value
-28%
Decrease in property value within the past twelve months
Price Ranking
23rd
Highest price per SQFT out of 48 condos in the Thornhill - Vaughan area
Sold Units
3
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
?
Market Insights
Transaction Insights at Park Terrace Condos
| 1 Bed | 2 Bed | |
|---|---|---|
| Price Range | No Data | $520,000 - $605,000 |
| Avg. Cost Per Sqft | No Data | $634 |
| Price Range | No Data | $3,050 |
| Avg. Wait for Unit Availability | 1000 Days | 62 Days |
| Avg. Wait for Unit Availability | No Data | 128 Days |
| Ratio of Units in Building | 3% | 98% |
Market Inventory
Total number of units listed and sold in Thornhill - Vaughan
