$629,999 - 5 Concorde Place Unit 2502, Parkwoods
Condo for Sale in Parkwoods
New — Listed 3 days ago- MLS Number
- C13411866
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
Welcome to Suite 2502 at 5 Concorde Place, a bright and spacious home offering the perfect blend of comfort, flexibility, and convenience. Ideal for first-time buyers, young couples, growing families, and downsizers, this thoughtfully designed 2-bedroom, 2-bathroom suite features generous principal rooms and a versatile layout that adapts to your lifestyle. The sun-filled den/solarium can easily function as a second bedroom, home office, nursery, or guest space, while the expansive living and dining areas provide plenty of room to relax or entertain. Conveniently located with quick access to the DVP, TTC, shopping, dining, parks, and trails, this home offers exceptional value in a well-established community. Tastefully updated throughout, the suite features a modern kitchen renovated in 2018 with granite countertops and pot lights, newer laminate flooring (2018), and two renovated bathrooms (2017) complete with glass-enclosed showers. The spacious primary bedroom includes his-and-hers closets and a private 3-piece ensuite. A walk-in laundry room provides ample in suite storage, and the package is completed with one parking space and one locker. Move-in ready and offering over 1,000 sq. ft. of functional living space, this is condo living without compromise.
Estimate your monthly payments for this property
Estimated Payment
$3,232.22/mo
Includes CMHC insurance ($17,577)
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.
5 Concorde Place Unit 2502, 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 $630/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 $2,625 (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.