$655,000 - 5 Concorde Place Unit 3508, Parkwoods
Condo for Sale in Parkwoods
New — Listed 2 days ago- MLS Number
- C13241402
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Exclusive
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- Affluentia Realty
Nestled within the highly coveted Bandbury area of Toronto, this 2-bedroom, 2-bathroom condo epitomizes elegance and modern living. Immaculately maintained, this spacious unit boasts a plethora of upgrades that are sure to captivate any discerning buyer. Upon entry, you'regreeted by a stunning modern kitchen that serves as the heart of the home. Adorned with sleek quartz countertops and a stylish backsplash, this culinary haven is as functional as it is beautiful. The addition of a striking pantry and newer cabinets not only elevates the aesthetic appeal but also enhances storage and organization. Throughout the condo, luxurious laminate flooring adds a touch of sophistication while providing durability and ease of maintenance. The updated bathrooms exude a spa-like ambiance, featuring contemporary fixtures and finishes that promise relaxation and rejuvenation. Attention to detail is evident in every corner, with crown moulding adding an air of refinement to the living spaces. In essence, this condo embodies the epitome of modern luxury living, offering a harmonious blend of style, comfort, and functionality. With its extensive upgrades and impeccable condition, this property presents a rare opportunity to indulge in the ultimate urban lifestyle in one of Toronto's most sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,360.49/mo
Includes CMHC insurance ($18,275)
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 3508, 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 $546/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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,729 (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.