$1,299,000 - 26 Rustywood Drive, Parkwoods
Detached for Sale in Parkwoods
33 days on marketNeighbourhood: Parkwoods-Donalda
- MLS Number
- C13238492
- Property Type
- Detached
- Status
- active
- Days on Site
- 33
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- RIGHT AT HOME REALTY
No OPEN HOUSE. PERMIT READY.Exceptional Opportunity for Investors, Renovators, Builders, and End Users! Situated on a quiet, family-friendly street and set on an impressive 60-foot frontage lot, this spacious 4-bedroom home offers outstanding potential to renovate, redesign, expand, or simply move in and enjoy.Whether you're an investor seeking value-add potential, a builder exploring future possibilities, or an end user looking to create your dream home, this property provides the flexibility to bring your vision to life. The existing layout offers generous principal rooms and a solid foundation for customization, while the side entrance to the basement presents a natural opportunity for a future in-law suite, income-generating apartment, home office, or multigenerational living space.The expansive lot provides ample room for landscaping enhancements, outdoor entertaining areas, or future additions, making it a true canvas for creativity and long-term value appreciation.Ideally located near the prestigious Donalda Club, with quick access to Highway 401, DVP, TTC, and within walking distance to highly regarded public, Catholic, French immersion, and private schools. Pictures are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/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 Parkwoods-Donalda
Parkwoods-Donalda 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 Parkwoods-Donalda
- •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
Parkwoods-Donalda 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.
26 Rustywood Drive, Don Mills / Parkwoods / Victoria Village
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Rental income estimator & ROI calculator
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 $866/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.
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.
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.
About Parkwoods-Donalda
I know Parkwoods-Donalda 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 $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.