$13,900/mo - 2 North Hills Terrace, Parkwoods
Detached for Rent in Parkwoods
Neighbourhood: Banbury-Don Mills
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- MLS Number
- C13727890
- Property Type
- Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Lot Size
- 6,738 sqft
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
A custom built, Luxury Residence in Banbury-Don Mills, Nestled on an exclusive, low-traffic a quiet cul-de-sac, this home, offers the perfect blend of luxury, comfort and family-friendly living in Toronto's prestigious Banbury-Don Mills enclave. Built in 2023 and offering over 3500 sq. ft. of finished living space, this exceptional home showcases transitional elegance, a stately modern exterior and impressive ceiling height , including 10-foot ceilings on the main floor, 9-foot ceilings on the second level and 8-foot ceilings in the walk-up basement. Bright ,lot of natural light. Skylights through the grand central opening, illuminating both floors and creating a warm, inviting atmosphere throughout. A dramatic 14-foot landing area with a tall window. wide foyer opens to an elegant living room and family room with a gas fireplace and oversized windows. The beautifully appointed dining area over looking gourmet chef's grand custom-made kitchen. true showpiece, equipped with top-of-the-line JennAir Built-in Appliances (double door industrial standard Ss Fridge, 8 Burner gas stove with new grill, Miele coffee machine/Microwave/Wine cooler. an oversized granite-topped island with long sinks and double falsest. The kitchen flows seamlessly into the spacious family room, providing an exceptional space for both everyday living and entertaining. Walk out to the elevated rear deck, offering an effortless connection to the outdoors living. The main level also features a private home office overlooking the front yard, complete with peaceful workspace for working from home. A custom-designed mudroom with direct garage access provides year-round convenience. Upstairs, the spacious primary suite offers a tranquil retreat with hotel-inspired, walk/out to large balcony, walk-in closets and a luxurious ensuite With Heated floor, Ele fireplace, auto blends, all 4 bdr feature ensuite washrooms,2nd laundry on 2nd floor add ease to daily living.
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.
2 North Hills Terrace, Don Mills / Parkwoods / Victoria Village
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $13,900/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Parkwoods. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Market Position
At 16 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.
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 6 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.