$2,299,000 - 24 Cedarbank Crescent, Parkwoods
Detached for Sale in Parkwoods
New — Listed 3 days agoNeighbourhood: Banbury-Don Mills
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- MLS Number
- C14097094
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Taxes (2025)
- $9,961
- Listing Brokerage
- RE/MAX PRIME PROPERTIES - UNIQUE GROUP
Welcome to this exceptional 5+1 bedroom, 4 bathroom residence offering over 2,500 square feet of bright living space plus a fully finished walk-out lower level. Situated on a premium ravine lot that expands to over 61 feet wide at the rear, this home is tucked away on a quiet, peaceful street in the highly sought after Don Mills community. Step inside to a spacious main floor featuring high ceilings and a versatile layout. The main level includes a convenient bedroom that functions perfectly as a dedicated home office. Gather in the light-filled living room, centred around a cozy wood-burning fireplace. The heart of the home is the expansive eat-in kitchen, complete with built-in bench seating. From the living room and kitchen, walk straight out to a large, east-facing deck-the perfect spot for morning coffee overlooking the private yard and mature ravine trees.The upper level features four well-proportioned bedrooms, including a primary retreat equipped with a luxury ensuite bathroom with heated floors, offering serene views of the backyard. A dedicated second floor laundry room adds daily convenience, alongside three additional spacious bedrooms.The fully finished walk-out lower level expands your living space. The massive family room features a second wood-burning fireplace, creating a warm ambiance. Step through the glass doors directly onto a covered patio, where you can unwind in your private hot tub while taking in the peaceful ravine backdrop. The additional lower level bedroom offers excellent flexibility for guests and the expansive recreation room is a perfect fitness room or hobby space. Located close to great public and private schools. With the DVP and TTC close by, commuting is seamless. Enjoy incredible convenience with the nearby Shops of Don Mills, providing premium dining, entertainment, and shopping just minutes from your front door. This ravine property perfectly blends urban accessibility with private, natural serenity.
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Estimated Payment
$10,169.25/mo
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.
24 Cedarbank Crescent, 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
Fair Market Value
At $920/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Parkwoods's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 6 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 4 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 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.