$7,650/mo - 122 Elvaston Drive, Parkwoods
Detached for Rent in Parkwoods
133 days on market- MLS Number
- C12519604
- Property Type
- Detached
- Status
- active
- Days on Site
- 133
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Lot Size
- 7,500 sqft
- Listing Brokerage
- RIGHT AT HOME REALTY
THE PERFECT FURNISHED RENTAL! SHORT-TERM or LONG-TERM rentals available! MOVE-IN READY! Conveniently located near Don Valley Parkway and Hwy 401. Downtown core accessible within 15 minutes! TTC access, Victoria Village Hockey Arena, Community Library, residential schools, and local shops nearby. Enjoy a healthy lifestyle with nearby park trails perfect for walking, cycling, and outdoor fitness. Fabulous backyard with Ravine Lot! One of Best properties in Victoria Village! Rarely Offered Approx 5000 + sq ft of total renting space. Custom-Built 3 stories raised bungalow with 6 bdr+1 bdr Loft /6 bath. Fully renovated with 2 kitchens, spacious LOFT with BAR, 4 Fireplaces, large laundry. Bright Formal Dining. Family room W/cozy Fireplace. Large main kitchen with Island and Breakfast area. W/O double doors to Patio. Separate Side Entrance. Two Huge On-suite is located on the main floor with no stairs to clime! Sizable bedrooms with Closet spaces and Serene Ravine Views. Large windows provide much natural lights. Extras: Refrigerators (5), Gas cook top, Range Hood, Electric Oven and Stove, Dishwashers (2), Microwaves (4), Teapots, Coffee makers (4), Toasters, Washer, Dryer, Hair dryers, Security system, All windows shutters and blinds, TV (3) .Garage door opener, Bell high-speed internet (up to 1.2 Gbps).
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.
122 Elvaston Drive, Don Mills / Parkwoods / Victoria Village
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $7,650/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Parkwoods. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 133 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.
Detached Home Advantages
Detached homes in Parkwoods are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 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 6 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.