$9,350,000 - 55 Leacroft Crescent, Parkwoods
Detached for Sale in Parkwoods
132 days on market- MLS Number
- C12565492
- Property Type
- Detached
- Status
- active
- Days on Site
- 132
- Bedrooms
- 6
- Bathrooms
- 9
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- FERROW REAL ESTATE INC.
Neighbourhood of Banbury only about 650 homes in this neighborhood, right next to the Bridle Path, considered one of Toronto's premiere neighbourhoods. Welcome to 55 Leacroft, showcasing a 5 bedroom 9 bathroom, multiple fireplaces throughout the home, pool, a cabana, wine cellar, a sauna, movie theatre, gym, courtyard, a library, and even your own elevator. 11 ft main, 11 upstairs. Entire house is automated. 8,800 square feet of living space 10,000 sq ft land area 62 feet pies out to 117 ft at the back. Roof is synthetic slate, downspouts, gutters, coated copper, not aluminum. Designed by a renowned Toronto-based architectural firm created by Lorne Rose who has designed beautiful homes across the GTA. Main floor with transitional entryway, dolomite marble in this really unique almost chevron like pattern, pairs well with the herringbone hardwood flooring throughout the house, elements of brass woven throughout the home. Kitchen featuring a Huge pantry, 30 inch standing fridge and another 30 inch standing freezer, Ebony coloured cabinets, bookmatch marble throughout including over the island, Ribbed brass accents, Metal coated accents, La Canche Stovetop, Waterstone Fixtures.
Estimate your monthly payments for this property
Estimated Payment
$41,358.20/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.
55 Leacroft Crescent, 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
Premium Pricing
At $1870/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.
Negotiation Opportunity
At 132 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.
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.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Parkwoods.
Bathroom Count Matters
With 9 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.