$2,178,000 - 55 Hemford Crescent, Parkwoods
Detached for Sale in Parkwoods
New — Listed 5 days agoNeighbourhood: Banbury-Don Mills
- MLS Number
- C13503630
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
A spectacular opportunity in one of Toronto's most prestigious neighbourhoods. Live in this beautifully updated, charming home or undertake a major renovation, or design and build your dream residence on an extraordinary 15,000+ sq. ft. lot backing directly onto the scenic Don Mills Spur Line Trail. (Please see artist renderings attached.) Nestled on a quiet, highly sought-after crescent surrounded by multi-million dollar homes, this exceptional property offers endless possibilities. The existing home has been tastefully updated and features the rare advantage of a double-car garage plus parking for up to six vehicles. The expansive backyard rivals the area's finest parks, creating an incredibly private setting for family living and outdoor entertaining. Inside, the spacious living and dining rooms are ideal for hosting, while large picture windows fill the home with natural light and frame beautiful views of the lush gardens. Enjoy an outstanding family-friendly lifestyle just moments from top-rated schools, Bond Park (baseball, tennis, soccer), the Don Mills Spur Line Trail (for riding or walking), the public library, and the vibrant Shops at Don Mills. Boutique shopping, Metro, IndigoSpirit, Shoppers Drug Mart, VIP Cineplex, and an exceptional selection of casual and fine dining are all within easy reach. A truly rare offering to secure one of the area's largest lots in a premier location, combining exceptional lifestyle, natural surroundings, and outstanding future potential.
Estimate your monthly payments for this property
Estimated Payment
$9,634.03/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.
55 Hemford Crescent, 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
Premium Pricing
At $1980/sqft, this property is priced above the Parkwoods average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Parkwoods. Good resale value as demand remains consistent.
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 $9,075 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.