$1,588,000 - 44 Addison Crescent, Parkwoods
Detached for Sale in Parkwoods
83 days on market- MLS Number
- C12921590
- Property Type
- Detached
- Status
- active
- Days on Site
- 83
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
***GREAT OPPORTUNITY***60 x 110 Ft Land on Quiet and Child-Safe Cul-De-Sac-----BACKING ONTO A CITY-PARK(BOND PARK) and TRAILS & Renovated/Additional Family Room, Livable Home Combined(move-in now to live-in and build your dream home later), This property sits on a quiet street, situated on one of the most desired street of neighbourhood. and Close by Parks and Nature Trees----Surrounded by LUXURIOUS Custom-Built Homes---Rapidly Developing Street and Area. This cozy ranch style bungalow is perfect to move-in to live-in now and build your dream home here on 60 x 110 ft land, backing onto parks and trails on quiet street and featuring 4+1bedrooms with an additional family room. The open-concept of living and dining rooms provide ample space and natural sunlights. The additional family room anchored by a striking floor-to ceiling window and skylights, and overlooking a private-calm backyard, creating an airy, sun-drenched atmosphere and offering both functional space and poetic views-serene views of the landscaped backyard. The fully finished basement offers extra space for your family for entertaining or relaxation, complete large recreation room, a potential home gym or office, a 4-pcs washroom and guest room and extra storage area. This property is situated close to Nature Trails and Walk Paths, Edward Gardens/Sunnybrook Parks & Shops at Don Mills and easy access to HWY 401/404 and downtown.
Estimate your monthly payments for this property
Estimated Payment
$7,024.26/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.
44 Addison Crescent, 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
Fair Market Value
At $1059/sqft, this property is priced in line with current Parkwoods market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 83 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.
Detached Home Advantages
Detached homes in Parkwoods are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Parkwoods. Good resale value as demand remains consistent.
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 $6,617 (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.