$3,100/mo - 5 Brookbanks Drive Unit 1007, Parkwoods
Condo for Rent in Parkwoods
New — Listed 2 days agoNeighbourhood: Parkwoods-Donalda
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- MLS Number
- C13781876
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Bright and inviting, this 3-bedroom unit features an open concept layout. A functional galley-style kitchen with built-in breakfast bar. The primary bedroom boasts a 2-piece ensuite and his-and-hers closets. Two additional bedrooms provide ample space for family, guests, or a home office. Added bonus: a convenient ensuite storage room for all your extra belongings. Don't miss this unique opportunity! Ideally located near DVP, Hwy 401, and major transit. Enjoy upscale shopping and dining at Shops at Don Mills. Close to scenic trails at Brookbanks and Don River Park. Parking optional, available to rent. Tenant to pay hydro.
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.
5 Brookbanks Drive Unit 1007, 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 $3,100/mo, this is priced below the typical 3-bedroom rent of ~$3,500/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.
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. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.