18 Olsen Drive, Toronto C13

Price: $1,638,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: C13639322

Rarely Offered Sun-Filled Family Residence with an Exceptionally Rare Triple-Car Garage in Prestigious Parkwoods-Donalda. Situated on a beautifully landscaped corner lot, this spacious multi-level sidesplit offers 4+1 bedrooms, 3 full bathrooms, and a thoughtfully designed layout that blends luxury, functionality, and everyday family living. The expansive outdoor space provides endless opportunities to create your own private garden oasis.The professionally renovated gourmet kitchen features premium Miele appliances, including a built-in refrigerator, built-in oven, speed oven, cooktop, range hood, and dishwasher. The private bedroom level includes a bright primary suite with a 3-piece ensuite, plus two secondary bedrooms with custom built-in study desks and shelving, creating an ideal environment for children to study and grow.The Hollywood-style soundproof media/theatre room with fireplace features a walk-out to the backyard. The finished lower level offers a spacious recreation room with a custom-built bar, built-in cabinetry, glass display shelving, and an additional bedroom currently used as a nanny suite, providing excellent flexibility for extended family or guests.Additional features include a 2022 furnace and central air conditioning, Pella windows and doors with built-in blinds, epoxy-coated garage floors, bathroom heat lamps/fans, security system rough-ins, and numerous quality upgrades throughout.An oversized private driveway accommodates up to seven additional vehicles. Ideally located steps to Donalda Golf & Country Club, top-ranked schools, parks, walking trails, public transit, Fairview Mall, North York General Hospital, and minutes to Highways 401, 404, and the DVP.A rare offering combining exceptional craftsmanship, outstanding functionality, and an unmatched family lifestyle in one of North York's most desirable neighbourhoods.

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$1,638,000 - 18 Olsen Drive, Parkwoods

Detached for Sale in Parkwoods

Neighbourhood: Parkwoods-Donalda

5Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
C13639322
Property Type
Detached
Status
active
Days on Site
18
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Don Mills / Parkwoods / Victoria Village
Lot Size
6,555 sqft
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Rarely Offered Sun-Filled Family Residence with an Exceptionally Rare Triple-Car Garage in Prestigious Parkwoods-Donalda. Situated on a beautifully landscaped corner lot, this spacious multi-level sidesplit offers 4+1 bedrooms, 3 full bathrooms, and a thoughtfully designed layout that blends luxury, functionality, and everyday family living. The expansive outdoor space provides endless opportunities to create your own private garden oasis.The professionally renovated gourmet kitchen features premium Miele appliances, including a built-in refrigerator, built-in oven, speed oven, cooktop, range hood, and dishwasher. The private bedroom level includes a bright primary suite with a 3-piece ensuite, plus two secondary bedrooms with custom built-in study desks and shelving, creating an ideal environment for children to study and grow.The Hollywood-style soundproof media/theatre room with fireplace features a walk-out to the backyard. The finished lower level offers a spacious recreation room with a custom-built bar, built-in cabinetry, glass display shelving, and an additional bedroom currently used as a nanny suite, providing excellent flexibility for extended family or guests.Additional features include a 2022 furnace and central air conditioning, Pella windows and doors with built-in blinds, epoxy-coated garage floors, bathroom heat lamps/fans, security system rough-ins, and numerous quality upgrades throughout.An oversized private driveway accommodates up to seven additional vehicles. Ideally located steps to Donalda Golf & Country Club, top-ranked schools, parks, walking trails, public transit, Fairview Mall, North York General Hospital, and minutes to Highways 401, 404, and the DVP.A rare offering combining exceptional craftsmanship, outstanding functionality, and an unmatched family lifestyle in one of North York's most desirable neighbourhoods.

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Estimated Payment

$7,245.43/mo

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5-yr fixed avg.

Principal: $1,310,400Interest: $863,228
Mortgage Amount$1,310,400
Total Interest$863,228
Est. Property Tax$1,160/mo
Total Cost$2,173,628

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.

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Neighbourhood Guide: Parkwoods-Donalda

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

18 Olsen Drive, Don Mills / Parkwoods / Victoria Village

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,160
Insurance (est.)-$341
Net Cash Flow+$2,199

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $819/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.

Market Position

At 18 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.

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.

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 3 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.

About Parkwoods-Donalda

I know Parkwoods-Donalda 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.

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    18 Olsen Drive | $1,638,000 | Battaglia Team