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Royal LePage Signature Connect.ca Realty logo

Ryan Coyle

Broker of Record

Royal LePage Signature Connect.ca Realty

495 Wellington Street West Suite 100

Phone: 416-800-9272

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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81 Townsgate Drive

Thornhill, Vaughan

Park Terrace Condos (81 Townsgate Drive)

byMenkes Developments Ltd.
Size Range
533 - 1 sq ft
Storeys
11
Suites
125
Occupancy
1994
Sales Status
Resale
Construction
Complete

About Park Terrace Condos

Park Terrace Condos is a new condominium development by Menkes Developments Ltd. that is now complete located at 81 Townsgate Drive, Vaughan in the Thornhill neighbourhood with a 78/100 walk score and a 66/100 transit score. Development is scheduled to be completed in 1994. The project is 11 storeys tall (47.69m, 156.5ft) and has a total of 125 suites ranging from 533 sq.ft to 1,020 sq.ft. Park Terrace Condos is the #14 tallest condominium in Vaughan and the #14 tallest condominium in Thornhill.

Key Highlights

AI Generated
  • Building Origin and Character — Park Terrace Condos, developed by Menkes Developments Ltd., was completed in 1994 and stands as a notable 11-storey condominium in the Thornhill neighbourhood, showcasing the developer's commitment to quality living spaces.
  • Location Strengths — Situated at 81 Townsgate Drive, this building boasts a Walk Score of 78, indicating excellent walkability to nearby amenities, while a Transit Score of 66 highlights convenient access to public transportation options.
  • Building Maturity Advantages — With nearly three decades of operating history, Park Terrace Condos benefits from established reserves and a vetted construction record, providing peace of mind for potential buyers.
  • Unit Mix and Layout Characteristics — The building features a diverse range of 125 suites, with sizes ranging from 533 sq.ft to 1,020 sq.ft, catering to various lifestyle needs and preferences.
  • Distinctive Amenities — Residents enjoy a variety of amenities including a gym, pool, sauna, and tennis court, enhancing the overall living experience and promoting an active lifestyle.

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Nearby Market

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Amenities & Finishes

Building Amenities

Gym / Exercise Room
Pet Restrictions
Enter Phone System
Pool
Sauna
Tennis Court
Parking Garage
Security Guard

Location & Scores

78
Walk ScoreVery Walkable
66
Transit ScoreSomewhat Walkable
Open in Google Maps

Floor Plans

No floor plans are currently available for this project.

For Sale
$578/sqft
3on MLS
37 avg DOM
$500K–$575K

Transaction History

Search transaction history at Park Terrace Condos

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Oct 2025

3 Listed | 3 Sold
Jan 01, 2024Sold
$000,000

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Jan 01, 2024Sold
$000,000

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Jan 01, 2024Sold
$000,000

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Aug 2025

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

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Jul 2025

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

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Jun 2025

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

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Apr 2025

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

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Mar 2025

2 Listed | 2 Sold
Jan 01, 2024Sold
$000,000

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Jan 01, 2024Sold
$000,000

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Sep 2024

1 Listed | 1 Sold
Jan 01, 2024Sold
$000,000

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May 2024

1 Listed | 1 Rented
Jan 01, 2024Leased
$000,000

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Mar 2024

1 Listed | 1 Sold
Jan 01, 2024Sold
$000,000

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Nearby Market

Buildings, sales, and listings near Park Terrace Condos

Nearby Buildings

7 Townsgate Drive7 active

7 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$699,000 – $899,000

~$553/sqft

91 Townsgate Drive4 active

91 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$499,800 – $724,800

~$659/sqft

11 Townsgate Drive3 active

11 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$599,000 – $938,800

~$706/sqft

1 Emerald Lane3 active

1 Emerald Lane

Crestwood-Springfarm-Yorkhill, Vaughan

$595,000 – $649,000

~$590/sqft

81 Townsgate Drive3 active

81 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$499,999 – $575,000

~$578/sqft

151 Townsgate Drive2 active

151 Townsgate Drive

Crestwood-Springfarm-Yorkhill, Vaughan

$749,000 – $779,000

~$519/sqft

Recently Sold & Leased20 nearby transactions

Median $594/sqft

For Sale & Lease Nearby

91 Townsgate Drive, Unit 704
For Sale
13d on market

$724,800

2 Bed · 2 Bath · 1000-1199 sqft

91 Townsgate Drive, Unit 704

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $878/mo

ZOLO REALTY

91 Townsgate Drive, Unit 411
For Lease
23d on market

$2,799/mo

2 Bed · 1 Bath · 800-899 sqft

91 Townsgate Drive, Unit 411

Crestwood-Springfarm-Yorkhill, Vaughan

RIGHT AT HOME REALTY

91 Townsgate Drive, Unit 203
For Sale
2d on market

$699,900

2 Bed · 2 Bath · 1000-1199 sqft

91 Townsgate Drive, Unit 203

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $897.98/mo

SUTTON GROUP-ADMIRAL REALTY INC.

91 Townsgate Drive, Unit Ph206
For Sale
2d on market

$659,000

2 Bed · 2 Bath · 900-999 sqft

91 Townsgate Drive, Unit Ph206

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $851/mo

RE/MAX REALTRON REALTY INC.

81 Townsgate Drive, Unit Ph208
For Sale
48d on market

$575,000

2 Bed · 2 Bath · 1000-1199 sqft

81 Townsgate Drive, Unit Ph208

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $1,167.86/mo

SUTTON GROUP-ADMIRAL REALTY INC.

81 Townsgate Drive, Unit 1103
For Sale
15d on market

$549,000

2 Bed · 2 Bath · 900-999 sqft

81 Townsgate Drive, Unit 1103

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $1,045.1/mo

SUTTON GROUP-ADMIRAL REALTY INC.

81 Townsgate Drive, Unit 512
For Sale
48d on market

$499,999

2 Bed · 1 Bath · 800-899 sqft

81 Townsgate Drive, Unit 512

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $962.15/mo

RE/MAX HALLMARK REALTY LTD.

91 Townsgate Drive, Unit 711
For Sale
2d on market

$499,800

2 Bed · 1 Bath · 800-899 sqft

91 Townsgate Drive, Unit 711

Crestwood-Springfarm-Yorkhill, Vaughan

Maintenance: $728.07/mo

HOMELIFE LANDMARK REALTY INC.

Current Availability

Baths:
#512 - 81 Townsgate DriveResale48d on market

$499,999

$588/sqft

#512 - 81 Townsgate Drive

2 Bed1 Bath1 Parking
800-899 sqft

Maint. $962.15/mo

RE/MAX HALLMARK REALTY LTD.

#1103 - 81 Townsgate DriveResale15d on market

$549,000

$578/sqft

#1103 - 81 Townsgate Drive

2 Bed2 Bath1 Parking
900-999 sqft

Maint. $1,045.1/mo

SUTTON GROUP-ADMIRAL REALTY INC.

#Ph208 - 81 Townsgate DriveResale48d on market

$575,000

$523/sqft

#Ph208 - 81 Townsgate Drive

2 Bed2 Bath1 Parking
1000-1199 sqft

Maint. $1,167.86/mo

SUTTON GROUP-ADMIRAL REALTY INC.

Red Bricks Intelligence uses a multi-layered, AI-enhanced algorithm to match floor plans and sizing to units. While we strive for a high degree of accuracy, errors may occur. Buyers should independently verify all unit specifications.