$1,100,000 - 55 Southwell Drive, Parkwoods
Detached for Sale in Parkwoods
New — Listed 7 days agoNeighbourhood: Banbury-Don Mills
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- MLS Number
- C13764144
- Property Type
- Detached
- Status
- active
- Days on Site
- 7
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Wow! An EXCEPTIONAL OPPORTUNITY AWAITS In The Prestigious & Highly *Sought After* Denlow/Leslie/York Mills Neighbourhood! Showcasing Outstanding Curb Appeal This Treasured, Sun Filled Interior Enhanced By Skylight In Kitchen, 3 Bedroom Bungalow Has Been Lovingly Cared For By It's Owner For Over 50 Years & Rests Upon An Impressive PREMIUM 60' X 100' LOT With An Exceptionally Private Backyard Oasis - A Peaceful Retreat Surrounded By Mature Trees & Greenery! Located On An Impressive Street Lined With Many Magnificent Multi-Million-Dollar-Homes,! This Special Property Offers The Added Warmth Of A Close-knit Community & Wonderful Neighbours! One Of The Neighbourhood's GREATEST DRAWS Is Its HIGHLY COVETED SCHOOL DISTRICT, Offering Access To The Sought-After Rippleton Public School, Windfields Middle School & York Mills Collegiate - An Exceptional Advantage For Growing Families! This Special Home Offers Endless Possibilities - MOVE-IN, RENOVATE OR BUILD THE CUSTOM HOME OF YOUR DREAMS In One Of Toronto's Most Desirable Communities! Enjoy An Exceptional Lifestyle Just Steps From Beautiful Parks, Tennis At Banbury Community Centre, Children's Playground, Walking Trails, Minutes From Edwards Gardens, Fabulous Shopping At Shops At Don Mills, Fairview Mall & Many Fine Dining Choices, The Keg Close-by! Longo's Plaza & Everyday Conveniences Are Also Close At Hand! Easy Access To Hwy 401, 404, 407, Dvp, Ttc, Go Train & Subway Are Minutes Away! Don't Let This RARE OFFERING Slip Away - Opportunities In This Neighbourhood Are Seldom Available!
Estimate your monthly payments for this property
Estimated Payment
$4,865.67/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 Southwell Drive, 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 $1000/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.
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 $4,583 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.