$5,500,000 - 118 Laurentide Drive, Parkwoods
Detached for Sale in Parkwoods
New — Listed 6 days agoNeighbourhood: Parkwoods-Donalda
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- MLS Number
- C13765410
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 5
- Bathrooms
- 7
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- HAMMOND INTERNATIONAL PROPERTIES LIMITED
An Architectural Expression of Modern Grandeur. Set within one of Toronto's most distinguished and established residential enclaves, 118 Laurentide Drive is a striking custom-built estate where architectural drama, refined craftsmanship and contemporary luxury converge. Positioned on an impressive 85.17 200-foot, tree-lined lot, the residence commands expansive views and an extraordinary sense of privacy. The sculptural architecture is distinguished by an elegant Indiana limestone exterior, sweeping stone terraces and multiple walkouts that seamlessly connect the interior with its natural surroundings. Beyond the elevated entrance, a spectacular grand foyer opens into a soaring atrium illuminated by natural light. Five-by-ten-foot Italian porcelain slabs, custom French panelling and dramatic Romeo-and-Juliet staircases establish an entrance of exceptional presence. The interiors reveal a highly curated palette of premium materials and bespoke detailing, including rich oak hardwood flooring, Caesarstone countertops and backsplashes, custom lighting, vaulted and coffered ceilings, and intricate plaster mouldings. The principal living spaces are designed for both sophisticated entertaining and effortless family living, with generous formal living and dining rooms, an expansive family room and a dedicated home office. The private upper level introduces an exceptional primary retreat with a 13-piece ensuite and sweeping city skyline views, accompanied by three additional bedrooms, each with ensuite access, and a thoughtfully appointed second-floor laundry with kitchenette. The lower level extends the lifestyle with a spacious recreation room, exercise area, additional kitchen and bedroom, while the grade-level walkout creates a natural connection to the outdoors. A remarkable eight-car snow-melt private drive leads to a three-car heated garage, complete with epoxy flooring and EV charging rough-in-an exceptional combination of convenience and future-ready design.
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Estimated Payment
$24,328.36/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 Parkwoods-Donalda
Parkwoods-Donalda 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 Parkwoods-Donalda
- •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
Parkwoods-Donalda 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.
118 Laurentide 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 $1100/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 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 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.