$999,000 - 1 Case Ootes Drive, Parkwoods
Townhouse for Sale in Parkwoods
82 days on market- MLS Number
- C12925306
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 82
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- RIGHT AT HOME REALTY
New Rebate? $129,000 is savings. Welcome to this brand new never lived in house, the only unit in the complex with 2 garages. Absolutely stunning corner luxury townhouse with 2 garages filled with abundant natural light, offering spacious living areas beautifully flooded with sunshine throughout. The thoughtfully designed lower level features a private office, ideal for today's work-from-home lifestyle, while the upper levels provide 4 generally-sized bedrooms perfect for family living and living area ideal for hosting guests. Over 1870 sq. ft. This exceptional home showcases soaring ceilings, high-quality flooring throughout, and a striking oak staircase, creating a refined and sophisticated atmosphere. Enjoy the convenience of a private ground-level garage with direct interior access and additional storage. This home features a gorgeous open-concept modern kitchen with breakfast area, while the spacious living and dining area walks out to a generous balcony, perfect for BBQ, relaxing or hosting gatherings. Two luxurious primary bedrooms, including one with tranquil park views and CN tower views, offer peaceful retreats, while a third bedroom with its own balcony boasts breath taking views. Ideally situated in a prime North York location, just steps to the Eglinton Crosstown LRT Subway Station and within walking distance to hospitals, schools, and parks. Enjoy unmatched convenience with No Frills, Walmart, Eglinton Square Mall, and Costco nearby. The area's appeal is further elevated by exciting Golden Mile developments, including a future joint campus by the University of Toronto and Centennial College, making this a vibrant and highly desirable neighbourhood. BBQs Allowed, Visitor Parking
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Don Mills / Parkwoods / Victoria Village
Don Mills / Parkwoods / Victoria Village is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Don Mills / Parkwoods / Victoria Village
- •Convenient location in Don Mills / Parkwoods / Victoria Village
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Don Mills / Parkwoods / Victoria Village offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Case Ootes Drive, Don Mills / Parkwoods / Victoria Village
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $666/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 82 days on site, this property has exceeded the typical selling timeline for Parkwoods. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Parkwoods have shown strong appreciation as families seek more space.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Parkwoods.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Parkwoods properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.