$528,000 - 10 Deerlick Court Unit 2406, Parkwoods
Condo for Sale in Parkwoods
64 days on market- MLS Number
- C12989748
- Property Type
- Condo
- Status
- active
- Days on Site
- 64
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX WEST REALTY INC.
PENTHOUSE LIVING! Experience the perfect balance of nature, modern design, and urban convenience in this beautifully upgraded penthouse-level 1+1 bedroom, 2-bathroom suite, complete with parking, set within the sought-after Ravine community. This north-facing residence offers 679 sq ft of thoughtfully designed living space (629 sq ft interior + 50 sq ft balcony) and is enhanced by impressive 10-ft ceilings that create a bright, open, and airy atmosphere. The open-concept kitchen is tastefully upgraded with quartz countertops, sleek cabinetry, stainless steel appliances, an upgraded stovetop, and convenient in-suite laundry. Stylish laminate flooring runs throughout, creating a clean and modern aesthetic.A standout feature of this offering is the premium parking space, ideally located on the first level just steps from the elevator for ultimate day-to-day convenience. The unit also includes a highly desirable ground-floor locker, making storage access quick and effortless.Ideally located with TTC access right at your doorstep and quick connections to Hwy 401 and the DVP, commuting is seamless. Enjoy nearby shopping and dining at Shops at Don Mills and Fairview Mall, while nature lovers will appreciate the peaceful surroundings of Brookbanks Park and the Deerlick Court Ravine just steps away. Residents enjoy an impressive collection of amenities including a 24-hour concierge, fitness centre with yoga studio, party and games rooms, rooftop sundeck lounge, outdoor terrace with BBQ and dining areas, dog spa, kids playroom, and visitor parking. Looking ahead, Phase II of The Ravine will introduce an exclusive residents-only clubhouse and indoor pool, further enhancing the lifestyle offering of this exceptional community.
Estimate your monthly payments for this property
Estimated Payment
$2,708.91/mo
Includes CMHC insurance ($14,731)
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.
10 Deerlick Court Unit 2406, 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
Fair Market Value
At $880/sqft, this property is priced in line with current Parkwoods market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 64 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,200 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.