$350,000 - 1690 Victoria Park Avenue Unit 404, Parkwoods
Condo for Sale in Parkwoods
48 days on marketNeighbourhood: Victoria Village
- MLS Number
- C13529862
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Welcome to Suite 404 at 1690 Victoria Park Avenue, a bright and inviting home that's perfect for first-time buyers, young professionals, or small families looking to enter the Toronto / GTA real estate market without compromising on space or convenience! This well-appointed 2+1 bedroom, 2-bathroom suite offers 818 square feet of thoughtfully designed interior living space, complemented by a large private balcony that's perfect for enjoying your morning coffee or unwinding after a long day. Inside, you'll find clean laminate flooring throughout and an upgraded kitchen featuring granite countertops and stainless steel appliances, making it as functional as it is stylish. One of this home's standout features is its affordable maintenance fees, which are well below $1.00 per square foot, helping keep your monthly carrying costs low while maximizing value (ALL UTILITIES INCLUDED). Ideally located in the heart of the Victoria Village neighbourhood, this building is just minutes from the Don Valley Parkway and Highway 401, making commuting across the GTA a breeze. Residents enjoy convenient access to public transit, Eglinton Crosstown LRT connections, shopping at CF Shops at Don Mills, Costco, Eglinton Square Shopping Centre, and a wide selection of restaurants, cafés, grocery stores, and everyday essentials. Outdoor enthusiasts will appreciate the nearby parks and trails, including Wigmore Park and the Don Valley trail system. Families will also love the proximity to a variety of schools, community centres, libraries, and recreational facilities, making this a wonderful place to put down roots. Whether you're purchasing your first home, downsizing, or looking for an excellent investment opportunity, Suite 404 offers the perfect combination of comfort, convenience, and exceptional value in one of Toronto's most accessible neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$1,795.68/mo
Includes CMHC insurance ($9,765)
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 Victoria Village
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 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
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.
1690 Victoria Park Avenue Unit 404, 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
Competitive Pricing
At $438/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.
Negotiation Opportunity
At 48 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.
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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 Victoria Village
I know Victoria Village 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.