$995,000 - 1 Concorde Place Unit 1202, Parkwoods
Condo for Sale in Parkwoods
Neighbourhood: Banbury-Don Mills
- MLS Number
- C13535408
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- PROPERTY.CA INC.
Welcome to this beautifully renovated turn key 1883 sqft corner suite offering 2 bedrooms plus a den/family room, and only a few suites per floor for added privacy. Bright and sunny throughout, this spacious layout features an oversized south/southwest facing living and dining room with walkout to the balcony and panoramic views taking in the CN Tower and the Aga Khan Museum. Hardwood flooring runs through the suite, no broadloom in sight. The renovated kitchen offers extra countertop space for extra work space, and a full size eat in breakfast bar, perfect for morning coffee with a view. Both bathrooms have been beautifully updated with new showers and extra countertop space in the master bath. This well maintained, pet friendly condo corporation offers amenities second to none, with an indoor pool, sauna, tennis court, putting green, library, party room, and a full calendar of classes and activities including yoga, aquafit, and tai chi. Enjoy 24 hour gatehouse security with all visitors announced, plus maintenance fees that include all utilities and a full cable and internet package. Commuters will love the express bus to downtown right at the building, just steps to the new Eglinton LRT, plus easy access to the Charles Sauriol Conservation Reserve Trail for walking and biking right outside your door.
Estimate your monthly payments for this property
Estimated Payment
$5,104.87/mo
Includes CMHC insurance ($27,761)
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 Banbury-Don Mills
Banbury-Don Mills 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 Banbury-Don Mills
- •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
Banbury-Don Mills 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.
1 Concorde Place Unit 1202, Don Mills / Parkwoods / Victoria Village
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $553/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.
Market Position
At 26 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.
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.
About Banbury-Don Mills
I know Banbury-Don Mills well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $4,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.