$2,558,000 - 47 Tofino Crescent, Parkwoods
Detached for Sale in Parkwoods
57 days on market- MLS Number
- C13022464
- Property Type
- Detached
- Status
- active
- Days on Site
- 57
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
***PRIDE OF OWNERSHIP(This residence feels fresh-new and absolutely a turn-key condition---Seeing is Believing)***PREMIUM FINISHES and COMPLETELY-UPDATED & RECENTLY RENO'D(SPENT $$$$) ---- GRACIOUS FAMILY HOME -- 4+2 Bedrooms and Newer 5 Washrooms and 2 Kitchens and A Full Above Grade Finished Walk-Out, Lower Level(Approximately 3500 sq ft Living Space) ---- Experience elevated family living in the prestigious Banbury-Don Mills community! This beautifully renovated detached home sits on an extra-deep, pool-sized lot on a quiet, tree-lined street. Featuring 4+2 bedrooms and a fully finished walk-out basement with a second kitchen, this home offers the perfect blend of luxury, comfort, and functionality. The main floor showcases a bright open-concept living and dining area with hardwood floors and pot lights, alongside a gourmet modern kitchen with a large centre island and stainless steel appliances. The spacious family room and breakfast area are overlooking the private fenced yard.Upstairs, the generously sized bedrooms each feature ensuite or semi-ensuite bathrooms. The luxurious primary suite offers a spa-inspired 4-piece ensuite and a walk-in closet with organizers.The sun-filled walk-out basement provides excellent flexibility with a large recreation room, private office, additional bedroom, and second kitchen-ideal for an in-law or nanny suite.Located in one of Toronto's most desirable neighbourhoods, close to top-ranked schools including Denlow PS, Windfields MS, and York Mills CI, as well as parks, Edward Gardens, Shops at Don Mills, North York General Hospital, and easy access to Hwy 401 & DVP. A rare turnkey opportunity in a family-friendly community!
Estimate your monthly payments for this property
Estimated Payment
$11,314.90/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.
47 Tofino Crescent, 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
Premium Pricing
At $1279/sqft, this property is priced above the Parkwoods average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 57 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Parkwoods.
Bathroom Count Matters
With 5 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 $10,658 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.