$735,000 - 50 O'Neill Road Unit 2802, Parkwoods
Condo for Sale in Parkwoods
- MLS Number
- C13142050
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- UNION CAPITAL REALTY
*SKY HIGH ON THE 28TH FLOOR* *PANORAMIC 180 DEGREES CN TOWER & CITY SKYLINE VIEW* *CORNER UNIT* suite 2802 truly feels like a brand-new model suite. Boasting approximately 900 sq ft + an oversized balcony spanning the full length of the condo with two walkouts, this is the kind of outdoor space rarely found in condo living. Enjoy breathtaking sunrises, golden sunsets, summer entertaining, and unobstructed skyline views from virtually every room. Wrapped in floor-to-ceiling windows, this *PREMIUM CORNER UNIT* is drenched in natural sunlight all day long while offering incredible privacy with no neighbouring buildings in sight. Thoughtfully designed with a functional split-bedroom layout, this spacious suite features 2 bedrooms + den, 2 full bathrooms, parking, and locker. The Master bedroom feels like a luxury hotel suite in the sky, complete with a generous walk-in closet, spa-inspired ensuite, and breathtaking south-facing views from the privacy of the 28th floor. The second bedroom offers equally stunning unobstructed East views with its own direct balcony access. The sleek open-concept kitchen is straight out of a designer magazine, featuring integrated built-in high-end appliances, modern finishes, a large dining area, 9' ceilings, and walls of glass that seamlessly blend indoor and outdoor living. The building itself delivers true resort-style living with luxury amenities including a state-of-the-art gym with panoramic city views and saunas, games room with pool table and foosball, and an expansive entertainment lounge with chef's kitchen, multiple seating areas, rooftop pool, hot tub, and outdoor deck. Located at the iconic Rodeo Drive residences, steps to Shops at Don Mills with some of Toronto's best dining, shopping, entertainment, TTC at your doorstep, and minutes to the DVP & upcoming LRT. This isn't just a condo - it's the chic, elevated lifestyle that feels straight out of Beverly Hills.
Estimate your monthly payments for this property
Estimated Payment
$3,770.93/mo
Includes CMHC insurance ($20,507)
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 2802, 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 $919/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.
Market Position
At 22 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.
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 $3,063 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.