$1,499,000 - 56 Ternhill Crescent, Parkwoods
Detached for Sale in Parkwoods
New — Listed 3 days agoNeighbourhood: Banbury-Don Mills
- MLS Number
- C13697842
- Property Type
- Detached
- Status
- active
- Days on Site
- 3
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Welcome to Banbury-Don Mills - C13's highly sought-after community! This Fully renovated all-brick bungalow sits on a generous **62' x 113' lot** and offers an exceptional combination of location, space, flexibility, and future potential. Modern kitchen features quartz counter top, S/S appliances, backsplash,under mount lighting,W/O to beautiful treed backyard,vinyl flooring, Sun-filled 3 bedrooms with east and west exposure. Ideal for families, multi-generational living, investors, or those looking to create their dream home here. The finished basement with separate kitchen and additional three bedrooms/ two baths provide excellent potential for an in-law suite or rental income. Potential separate entrance estimated cost $15000..Extra sound proof for basement ceiling. New 200 amp circuit breakers, new gas furnace, A large private driveway accommodates up to 8 vehicles, adding valuable convenience for families and guests. Quiet crescent, with pedestrian access to Don Mills Trail. Enjoy being just steps from The Shops at Don Mills with its outstanding selection of shopping, restaurants, cafés, and entertainment. Nearby Edwards Gardens, parks, public transit, make this an exceptional family-friendly location. Easy access to **Highway 401 and the Don Valley Parkway**. Whether you're looking to **move in, generate rental income, accommodate extended family, here is the opportunity to secure a property on a prime lot in one of Toronto's most desirable neighbourhoods. The possibilities are endless!
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/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 Ternhill 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 $2141/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.
Efficient Living
At 700 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.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Parkwoods.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.