$769,999 - 50 O'Neill Road Unit 2704, Parkwoods
Condo for Sale in Parkwoods
50 days on market- MLS Number
- C13049660
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Welcome to Suite 2704 at Rodeo Drive Condos, an upgraded corner residence in the heart of Shops at Don Mills, offering the perfect blend of modern design, lifestyle convenience & long-term value-ideal for first-time buyers & savvy investors alike. This bright & spacious 2+1 bedroom, 2 bathroom suite features 9-ft ceilings & a sun-filled expansive open-concept living & dining area with floor-to-ceiling windows, perfect for hosting & relaxing in style. The contemporary kitchen is standout with granite countertops, built-in SS appliances & stylish backsplash-perfect for both everyday living & entertain. Sleek laminate wood flooring throughout, including the bedrooms adds warmth, durability & a modern finish. The primary bedroom is a true retreat, complete with walk-in closet,4-piece ensuite, unobstructed panoramic city view & direct access to a massive L-shaped wraparound balcony.2nd bedroom is generously sized, while the versatile den easily functions as a 3rd bedroom, home office or study-enhancing rental flexibility & resale value. Step outside to enjoy the extra large wraparound balcony, offering breathtaking city views, CN Tower sightlines & stunning sunsets. The suite includes 1 parking spot & one locker, a rare & valuable combination in this highly sought-after community. Residents enjoy luxury amenities including a 24-hour concierge, security, state-of-the-art fitness center, outdoor terrace with BBQs, elegant party room, stylish social lounges, indoor & outdoor pools. Free visitor parking adds everyday convenience. Located steps from Eataly, Joeys, Cineplex VIP, Metro, LCBO, cafes and boutiques. This is one of Toronto's most walkable & vibrant neighborhood's. With quick access to the DVP,401,404,TTC,future Eglinton Crosstown LRT, nearby parks, trails, top-rated schools & hospitals. The location is truly unbeatable. A move-in-ready, upgraded suite in high-demand neighborhood-urban living at its best.
Estimate your monthly payments for this property
Estimated Payment
$3,950.49/mo
Includes CMHC insurance ($21,483)
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.
50 O'Neill Road Unit 2704, 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
Fair Market Value
At $962/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 50 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.
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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $3,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.