$5,998,000 - 14 Banbury Road, Parkwoods
Detached for Sale in Parkwoods
72 days on market- MLS Number
- C12965706
- Property Type
- Detached
- Status
- active
- Days on Site
- 72
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
An Exquisite French-inspired residence in the Bridle Path. This exceptional home blends timeless elegance with modern luxury, showcasing masterful craftsmanship and meticulous attention to detail. Grand principal rooms adorned with intricate millwork, soaring ceilings, and sun-filled spaces designed for both gracious entertaining and everyday living. This home is a masterpiece of design, featuring ornate and timeless wall panelling and curated designer finishes that exude sophistication. The chefs kitchen is a work of art, boasting custom cabinetry and premium appliances. Retreat to the primary suite, a sanctuary of indulgence with extensive closet space and a marble-clad ensuite. Full lower level with a recreation room, second kitchen, additional guest space, exercise room, and storage rooms. The backyard is superb - with a covered outdoor loggia, terrace and extensive patio space for relaxing and entertaining - complete with an inground swimming pool. Plus a fantastic gazebo and 3-piece washroom. The property is completely landscaped: stone paver driveway and walkways, gated front entrance, with an emphasis on privacy from the street. This palatial home is set in one of Toronto's most exclusive neighbourhoods, with conveniences and recreational amenities in the immediate vicinity. This residence offers a seamless blend of old-world grandeur and contemporary comfort, offering a rare opportunity to live such a refined lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$26,531.18/mo
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.
14 Banbury Road, 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
Premium Pricing
At $1999/sqft, this property is priced above the Parkwoods average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 72 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 3,000 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 5 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.