$1/mo - 20 Redwing Place, Parkwoods
Detached for Rent in Parkwoods
33 days on marketNeighbourhood: Banbury-Don Mills
- MLS Number
- C13591550
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Lot Size
- 10,255 sqft
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
"Welcome to 20 & 20A Redwing Place! The owner has applied for a permit to upgrade the property into a 5-plex without demolishing the two existing houses in the heart of Don Mills. The original semi has been totally renovated, with a brand-new main and upper floor featuring 3 bedrooms, 2 baths, and a spacious kitchen, living, and dining area.Number 20A, with over 4,800 sq. ft. including the basement, has also been recently renovated. It features a large entryway, main-floor laundry, a sun-filled living and dining area, a family room, and a massive eat-in kitchen with a walkout to the deck and a large, private backyard. Upstairs, you will find a spacious primary bedroom with a walk-in closet, a 6-piece ensuite, and 3 other huge bedrooms. The basement is being modified into two 2-bedroom apartments with a separate entrance. The 2-car garage will be replaced by a new 2-story garden suite, and the driveway is being updated to fit 7 cars. With a lot size of over 10,000 sq. ft., this is an incredible investment opportunity: enjoy 5-plex living, rent out four units while living in the fifth, or rent out all five-the possibilities are endless! "Key Improvements Made. All staging are virtual
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.
20 Redwing Place, 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
Competitive Rent
At $1/mo, this is priced below the typical 4-bedroom rent of ~$4,200/mo in Parkwoods. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 33 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 7 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.