$830,000 - 1496 Victoria Park Avenue Unit 254, Parkwoods
Condo for Sale in Parkwoods
78 days on market- MLS Number
- C12936720
- Property Type
- Condo
- Status
- active
- Days on Site
- 78
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- AVILA REALTY GROUP INC.
Efficient multi-level layout defines this fully renovated 3-bedroom, 2.5-bathroom condo townhouse in the Victoria Park-Eglinton area of Toronto. Open-concept main floor connects living, dining, and kitchen areas, maximizing flow and functionality. Modern kitchen with updated countertops, center island, and contemporary finishes throughout. Dining area features a custom-built bar, adding storage and a dedicated entertaining space. Includes 9 ft ceilings and porcelain flooring.Private terrace with BBQ capability extends usable living space outdoors, suitable for hosting and seasonal use. Defined separation between living and sleeping areas supports privacy and everyday use.Located in a well-connected neighbourhood with strong transit access. Steps to TTC bus routes along Victoria Park and Eglinton Ave, and walking distance to the Eglinton Crosstown LRT for east-west connectivity. Minutes to the Don Valley Parkway for efficient commuting. Close to Eglinton Square Shopping Centre, grocery stores, restaurants, schools, and community services. Nearby parks and green spaces include Massey Creek Trail and surrounding recreational areas.Move-in ready condo townhouse with renovated interior, modern finishes, private outdoor space, and access to transit, retail, and daily amenities.
Estimate your monthly payments for this property
Estimated Payment
$4,258.33/mo
Includes CMHC insurance ($23,157)
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.
1496 Victoria Park Avenue Unit 254, Don Mills / Parkwoods / Victoria Village
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Rental income estimator & ROI calculator
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 $692/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 78 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.
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 3 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 $3,458 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.