$1,595,000 - 56 Grangemill Crescent, Parkwoods
Detached for Sale in Parkwoods
New — Listed 5 days agoNeighbourhood: Banbury-Don Mills
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- MLS Number
- C13770690
- Property Type
- Detached
- Status
- active
- Days on Site
- 5
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
New Look. New Price. A Fresh Start at 56 Grangemill! First time offered in over 60 years, this classic 3-bedroom bungalow has recently undergone a thoughtful refresh and is ready for its next owner. Freshly painted inside and out, with wallpaper and broadloom removed and new kitchen flooring, the home is brighter, cleaner and ready to enjoy while you plan what comes next. A bright and spacious living and dining area with vaulted ceiling adds architectural character and an airy feel, while the eat-in kitchen and three bedrooms provide a comfortable main-floor layout. The full lower level offers plenty of additional living space and possibilities. Move in, update over time, or bring your contractor and your vision! Set on a mature lot with a private backyard, carport and private drive. Ideally located close to excellent schools, parks and ravine trails, shopping, transit, major highways and all the amenities of Don Mills. A great opportunity for buyers, downsizers, renovators or builders looking for a home with plenty of potential in a well-established neighbourhood. ***some photos have been digitally altered with furniture added***
Estimate your monthly payments for this property
Estimated Payment
$7,055.22/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.
56 Grangemill Crescent, 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
Premium Pricing
At $1450/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.
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 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 $6,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.