$1,399,000 - 48 Greengrove Crescent, Parkwoods
Detached for Sale in Parkwoods
33 days on market- MLS Number
- C13118592
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- ROYAL LEPAGE/J & D DIVISION
Charming Ranch Bungalow in a sought-after family-friendly neighbourhood. Nestled on a quiet, child-safe crescent on one of the area's most desirable streets, this beautifully updated bungalow offers the perfect blend of comfort, space, and privacy. Situated on an oversized lot, this exceptional home features a lush side garden with expansive green space and perennial plantings - an ideal space for children to play, as well as an interlocking patio perfect for outdoor entertaining. Enjoy your own private oasis with a fully fenced inground pool, with plenty of sunlight, fire pit, surrounded by mature cedars - offering privacy. The property also has a garage and a large interlocking driveway for several cars. The open-concept layout is perfect for family living, featuring an eat-in kitchen with granite countertops, three bedrooms and an updated bathroom. A large lower level with oversized above-grade windows, inviting family room with a gas fireplace, a recreation room with bar and electric fireplace, a separate home office or additional bedroom and a three piece bathroom. An ideal teen suite. An abundance of natural light throughout. This home has a flexible floor plan and could easily accommodate lower level living for in laws or children coming back home. Excellent ceiling height in the lower level and plenty of potential. Conveniently located close to the Shops at Don Mills, top-rated schools, Broadlands Community Centre, DVP/404/401, an express bus downtown and surrounded by scenic ravines, nature trails, and numerous parks. A wonderful opportunity to own a special home on an incredible private lot in an unbeatable location!
Estimate your monthly payments for this property
Estimated Payment
$6,188.25/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.
48 Greengrove Crescent, Don Mills / Parkwoods / Victoria Village
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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
Premium Pricing
At $1272/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.
Market Position
At 33 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.
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 $5,829 (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.