$829,000 - 50 o'neill Road Unit 405, Parkwoods
Condo for Sale in Parkwoods
185 days on market- MLS Number
- C12580714
- Property Type
- Condo
- Status
- active
- Days on Site
- 185
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- NEW VISION CAPITAL REALTY INC.
This stunning 934-square-foot condo, known as the Rexford Model, offers a smart, open-concept layout with 2 spacious bedrooms with a bedroom-sized den and 2 full bathrooms. The unit features a sleek kitchen flowing seamlessly into the living and dining areas. Large windows bring in abundant natural light, and the private balcony offers a peaceful outdoor retreat overlooking the park. The primary bedroom includes an ensuite and walk-in closet, while the second bedroom is ideal for guests, kids, or a home office. With clean modern finishes throughout, this unit provides comfort, functionality, and timeless style. **Living here means having world-class convenience at your doorstep. The building is part of The Shops at Don Mills - a vibrant lifestyle hub featuring boutique shops, major retailers, trendy cafés, gourmet restaurants, a farmer's market, fitness studios, and green pedestrian pathways. You'll enjoy effortless access to shopping, dining, groceries, and entertainment - all just an elevator ride away. Additional amenities include a gym, party/meeting room, landscaped courtyard, underground parking, and 24-hour concierge. With transit access, parks, and essential services nearby, this home is ideal for professionals, families, or investors seeking comfort, convenience, and lifestyle all in one location. Don't miss this rare opportunity to live at the heart of convenience and community.
Estimate your monthly payments for this property
Estimated Payment
$4,253.20/mo
Includes CMHC insurance ($23,129)
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 Don Mills / Parkwoods / Victoria Village
Don Mills / Parkwoods / Victoria Village 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 Don Mills / Parkwoods / Victoria Village
- •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
Don Mills / Parkwoods / Victoria Village 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.
50 o'neill Road Unit 405, 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 $921/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.
Negotiation Opportunity
At 185 days on site, this property has exceeded the typical selling timeline for Parkwoods. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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 $3,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.