$689,000 - 245 The Donway N/A Unit 509, Parkwoods
Condo for Sale in Parkwoods
New — Listed 2 days ago- MLS Number
- C13432186
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- Sotheby's International Realty Canada, Brokerage
Welcome to one of the largest and most desirable suites in the highly soughtafter Village Mews community. Offering approximately 1,358 s, this bright and spacious 2 bed, 2-bath corner suite is ideally situated on the top floor, providing exceptional privacy, abundant natural light, and sweeping northwest views over the surrounding treetops and city skyline beyond. Designed for comfortable everyday living, the suite features generously proportioned principal rooms, hardwood flooring throughout, a cozy fireplace, and an inviting layout rarely found in today's condominium market. Two underground parking spaces and a private locker provide added convenience and peace of mind. Outside your door, discover the beautifully landscaped grounds that have made Village Mews one of Don Mills' most admired condominium communities. Meandering pathways, mature trees, lush gardens, tranquil waterfalls, fountains, and peaceful sitting areas create a setting that feels more like a private retreat than a condominium residence. Perfectly positioned for an active and connected lifestyle, you are just a short stroll to the Shops at Don Mills, offering upscale boutiques, restaurants, cafés, grocery shopping, banking, and everyday essentials. Nature lovers will appreciate the proximity to Edwards Gardens, the Toronto Botanical Garden, and nearby walking trails. Public transit is at your doorstep, with convenient access to the TTC, Don Mills Station, the DVP, and Highway 401.Whether you are downsizing from a family home or seeking a spacious, low maintenance lifestyle in one of Toronto's most established neighbourhoods, Suite 509 presents a rare opportunity to enjoy generous living space, exceptional amenities, and the timeless appeal of Don Mills. A wonderful opportunity to make this special residence your own.
Estimate your monthly payments for this property
Estimated Payment
$3,534.93/mo
Includes CMHC insurance ($19,223)
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.
245 The Donway N/A Unit 509, 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 $574/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.
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 $2,871 (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.