$690,000 - 255 The Donway West N/A Unit 321, Parkwoods
Condo for Sale in Parkwoods
New — Listed 2 days ago- MLS Number
- C13415864
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Superb two-bedroom two-bathroom 1,400 sq.ft. corner unit condo in the prestigious resort-like Village Mews in the heart of the Banbury-Don Mills community. The exceptional floor plan offers an open concept kitchen and an expansive living and dining area surrounded by seven large windows which provide an abundance of natural light throughout the day and superb views of the gardens and a huge cherry tree. The large principal bedroom has a four-piece ensuite and a walk-in closet while the second bedroom could be used as a den, a home office or as an extension for entertaining. Other features include a wood burning fireplace, marble flooring and custom mirrors in the foyer, pot lights, ensuite storage, two parking spaces lone being right in front of the elevator entrance)and a large corner locker. Stunning and very well kept park-like grounds offer waterfalls, ponds, a pavilion party room and an outdoor patio Ideal location steps to the The Shops on Don Mills, 24-Hr. Shoppers Drug Mart, Major Banks, Library, Fine Dining, VIP Theater, Public Transit and easy access to the DVP and 401.
Estimate your monthly payments for this property
Estimated Payment
$3,540.06/mo
Includes CMHC insurance ($19,251)
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.
255 The Donway West N/A Unit 321, 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 $493/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 $2,875 (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.