$1,199,000 - 225 The Donway N/A Unit 605, Parkwoods
Condo for Sale in Parkwoods
- MLS Number
- C13232620
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rarely offered and highly desirable ***Penthouse*** suite in the prestigious Tapestry, ideally situated in the heart of Don Mills and Lawrence. Boasting approximately 1700 square feet of exquisite living space, this exceptional suite features two spacious bedrooms and two bathrooms. A grand double-door entrance welcomes you into an impressive marble-floored foyer complete with a double-closet. The expansive living room offers a gas fireplace, Juliette balcony and motorized sun blind. The generous formal dining area is perfectly designed for entertaining and provides direct access to a private terrace overlooking the beautifully landscaped gardens. Enjoy breathtaking views of the meticulously maintained garden from every window. The bright eat-in kitchen is equipped with stainless steel appliances and ample storage space. The luxurious primary suite serves as a private retreat, featuring two walk-in closets, Juliette balcony and a spa-inspired 6-piece ensuite with a deep soaker tub and separate walk-in shower. The spacious second bedroom includes a closet and wonderful views. Additional highlights include two conveniently located parking spaces just steps from the elevator and a private locker. The all inclusive maintenance fees cover all utilities. This impeccably managed condominium offers first-class amenities, including a 24-hour gatehouse, indoor pool, gym, sauna, party room, library/media room and car wash. Ideally situated within walking distance to the Shops at Don Mills, top restaurants, banks, the library, parks, scenic trails, and more, this prime location has it all.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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.
225 The Donway N/A Unit 605, Don Mills / Parkwoods / Victoria Village
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $749/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.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $4,996 (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.