$4,800/mo - 56 Ternhill Crescent, Parkwoods
Detached for Rent in Parkwoods
New — Listed yesterdayNeighbourhood: Banbury-Don Mills
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- MLS Number
- C13868582
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- 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 the highly sought-after community! This Fully renovated all-brick bungalow sits on a generous **62' x 110' 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 rental space. Extra sound proof for basement ceiling. New 200 amp circuit breakers, new gas furnace, A large private driveway accommodates up to 6 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, cafes, 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, accommodate extended family, here is the opportunity to enjoy a property on a prime lot in one of Toronto's most desirable neighbourhoods. The possibilities are endless!
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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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $4,800/mo, this is asking above the typical 4-bedroom rent of ~$4,200/mo in Parkwoods. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
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.