$724,900 - 181 Wynford Drive Unit 1404, Parkwoods
Condo for Sale in Parkwoods
41 days on marketNeighbourhood: Banbury-Don Mills
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- MLS Number
- C13717648
- Property Type
- Condo
- Status
- active
- Days on Site
- 41
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Taxes (2026)
- $3,576
- Maintenance Fees
- $841/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Rarely offered, sun-drenched corner unit featuring a highly desirable split-bedroom floor plan, soaring 9 foot ceilings, and two private balconies with breathtaking, unobstructed S/W views of the Toronto skyline, serene green parkland, and the iconic Aga Khan Museum. This spacious 2-bedroom plus den, 2-full-bath home offers exceptionally versatile living space. The functional den is enclosed with elegant French doors, making it an ideal 3rd bedroom, private home office, or dedicated media room. Designed for both daily living and entertaining, the generous eat-in kitchen features sleek granite countertops, twin windows that flood the room with natural light, and a seamless walk-out to one of your private outdoor spaces. Enjoy warm laminate flooring throughout, generous closet space, and an abundance of floor-to-ceiling daylight. Included with the suite are 6 appliances, 1 underground parking space, and 1 dedicated storage locker. Situated in a highly managed building with premium resort-style amenities, including a 24-hour concierge, fully equipped fitness center, indoor pool, visitor parking, and party facilities. Unbeatable location offering ultimate convenience: steps to TTC transit routes (including the Eglinton Crosstown LRT), instant access to the DVP and Hwy 404, and just minutes to Downtown Toronto, the Shops at Don Mills, and local walking trails. A true blend of luxury, space, and accessibility!
Estimate your monthly payments for this property
Estimated Payment
$3,719.11/mo
Includes CMHC insurance ($20,225)
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.
181 Wynford Drive Unit 1404, 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 $725/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 41 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. The $841/month fees should cover building insurance, common elements, and reserve contributions.
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 $3,020 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.