$660,000 - 245 The Donway N/A Unit 112, Parkwoods
Condo for Sale in Parkwoods
New — Listed todayNeighbourhood: Banbury-Don Mills
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- MLS Number
- C14108668
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Taxes (2026)
- $3,054
- Maintenance Fees
- $934/mo
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
Welcome To This Beautiful And Spacious Two-Bedroom, Two-Bathroom Suite In The Desirable Village Mews! Nestled In The Heart Of Don Mills And Lawrence, This Sun-Filled Residence Features Wall-To-Wall Windows In The Living/Dining Area And Both Bedrooms, Filling The Home With An Abundance Of Natural Light. The Bright And Welcoming Living And Dining Area Offers An Ideal Setting For Relaxing And Entertaining. The Open-Concept Kitchen Features New Ceramic Flooring, Fresh Paint, Ample Cabinetry, And Plenty Of Space For Everyday Cooking And Storage. The Generous Primary Bedroom Boasts An Oversized Walk-In Closet And A Private Ensuite Bathroom With New Luxury Vinyl Tile Flooring And Fresh Paint. A Spacious Second Bedroom With Closet, Convenient In-Suite Laundry, And A Newly Renovated Guest Bathroom With Elegant Ceramic Tile Complete This Well-Designed Suite. Village Mews Offers Beautifully Landscaped Grounds, Meticulously Maintained Gardens, A Garden Pavilion Party Room, And An Outdoor Patio For Residents To Enjoy. Maintenance Fees Include Rogers High-Speed Internet, VIP Cable TV Channels, And Water. Ideally Located Within Walking Distance To The Shops At Don Mills, Excellent Schools, Restaurants, Library, Parks, And Scenic Trails. Enjoy Easy Access To The DVP, Highway 401, And TTC. A Wonderful Opportunity To Enjoy Comfort, Convenience, And A Vibrant Don Mills Lifestyle!
Estimate your monthly payments for this property
Estimated Payment
$3,386.14/mo
Includes CMHC insurance ($18,414)
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.
245 The Donway N/A Unit 112, 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 $550/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.
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.
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 $934/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.