$3,388,888 - 1 Versailles Court, Parkwoods
Detached for Sale in Parkwoods
New — Listed 3 days agoNeighbourhood: Banbury-Don Mills
- MLS Number
- C13695468
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
Exceptional Opportunity To Own A Beautifully Updated Luxury Home in Prestigious Bayview & York Mills, With Many Recent Renovations. Situated on an exclusive cul-de-sac in one of Toronto's most prestigious neighbourhoods, 1 Versailles Court offers an extraordinary living experience, with numerous recent renovations and updates seamlessly integrated with classic design and timeless elegance. This luxurious 4 + 1 bedroom, 7 bathroom home has undergone an impressive series of renovations; every detail thoughtfully considered for today's discerning buyer. Highlights of the 2025/2026 updates include 7 newly renovated luxury bathrooms, offering spa-like retreats with high-end finishes, beautiful fixtures and thoughtful design, as well as a fully renovated main floor laundry room. New professional front & rear landscaping and rear fencing create the perfect private backyard oasis, while updated interior and exterior lighting enhance the sophisticated ambiance. Numerous additional enhancements throughout ensure that this home is as striking as it is livable. With approximately 4,879 square feet of above-grade living space, plus an additional 2,350 square feet in the lower level, this residence offers ample room for family life, work and play. The expansive main floor is designed with elegance and functionality in mind, featuring grand entertaining spaces that flow effortlessly into one another, perfect for both large gatherings and intimate family moments. The gourmet kitchen, complete with centre island and bright breakfast area, adjoins the family room with fireplace, creating an inviting atmosphere for everyday living and opening to the beautifully landscaped private garden with gazebo. The upper level features 4 generous bedrooms and 3 luxurious bathrooms, including an expansive primary suite with spacious sitting area with fireplace, dressing area & closet, and a spa-like newly renovated luxury ensuite.A truly exceptional home in a prime Bayview & York Mills location.
Estimate your monthly payments for this property
Estimated Payment
$14,990.19/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 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 Versailles Court, 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 $968/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Parkwoods's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 5 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 7 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.