$2,898,000 - 79 Larkfield Drive, Parkwoods
Detached for Sale in Parkwoods
132 days on market- MLS Number
- C12488030
- Property Type
- Detached
- Status
- active
- Days on Site
- 132
- Bedrooms
- 9
- Bathrooms
- 4
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- ECKO JAY REALTY LTD.
This large 5,264 sq. ft. 2-storey family home is situated on one of the deepest lots on Larkfield Drive with 63' of frontage that widens to over 115' across. A high-ceiling foyer with direct access to the main and basement, leads to open-concept dining and living areas connected to a tranquil-solarium facing the backyard, a large family room with fireplace, French-door office and 2 additional offices/bedrooms. 5-bedrooms on the upper floor surround a sky-lit private family sitting area with 2 large bathrooms. The primary bedroom features a seating area, cozy fireplace, ensuite and walk-in closet. 4 other queen/king bedrooms accommodate a large family and leave space for guests, playrooms, crafts, gaming and studies. The basement includes a large rec room with fireplace, bedroom, office, full bathroom, laundry and endless storage. Set on a premium deep lot with 13,637.86 sf, the property enjoys a private, park-like setting with ample room for comfortable living, Home office privacy, extended family and play areas. Ideally located within walking distance to highly desirable public schools and a short stroll to Banbury Community Centre, tennis courts, Windfields Park, Edwards Gardens, and nearby parkettes. Quick access to downtown via the DVP and Hwy 401. Discover the perfect balance of location, space, comfort and future growth.
Estimate your monthly payments for this property
Estimated Payment
$12,818.83/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.
79 Larkfield Drive, 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 $828/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 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 3,500 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 9 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 4 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.