$949,800 - 19 Wax Myrtle Way, Parkwoods
Condo for Sale in Parkwoods
New — Listed 2 days ago- MLS Number
- C13430246
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,800 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rarely offered and truly one of a kind, this exceptional townhome is a rare "unicorn" within the community. Combining the generous scale, soaring ceilings, and architectural character of the 1980s with modern luxury, this extensively renovated residence offers bright, open-concept living across three beautifully finished levels with 3 bedrooms and 4 bathrooms. One of only a select few homes overlooking the landscaped inner courtyard between Wax Myrtle and Dutch Myrtle Way, it enjoys one of the most peaceful, private, and park-like settings in the complex. Thoughtfully redesigned throughout, the home features impressive visual volume, multi-level ceiling heights, premium built-in closets, high-end appliances, and stylish contemporary finishes, delivering turnkey luxury with no renovation required. Adding exceptional value and peace of mind, the condominium corporation completed a fully paid special assessment in 2024. Major community-wide improvements included reconstruction of walkways and stairways, new concrete stairs and patio stone installations, brick retaining walls, modernized railings, enhanced safety features, and updated porch and stair finishes throughout the complex-all with no remaining balance to owners. Located in the prestigious Banbury-Don Mills neighbourhood, this home offers the perfect balance of tranquil, park-side living and urban convenience. Enjoy access to highly regarded schools, including Norman Ingram Public School, nearby parks and walking trails, the Donalda Golf & Country Club, and the premier shopping, dining, and entertainment of the Shops at Don Mills. Commuters will appreciate excellent connectivity via the DVP, Eglinton Crosstown LRT, and Sheppard Subway line. Please refer to the feature sheet for a complete list of upgrades, renovations, and recently purchased appliances.
Estimate your monthly payments for this property
Estimated Payment
$4,872.97/mo
Includes CMHC insurance ($26,499)
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.
19 Wax Myrtle Way, 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 $528/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Parkwoods's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.