$759,000 - 7 Concorde Place Unit 1108, Parkwoods
Condo for Sale in Parkwoods
Neighbourhood: Banbury-Don Mills
- MLS Number
- C13463962
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- PROPERTY.CA INC.
Welcome to Unit 1108 at 7 Concorde Place - This stunning corner unit in the heart of Banbury-Don Mills offers a breathtaking S/W view of CN Tower and city skyline surrounded bylarge area of lush greenery. This impeccably updated residence features include fresh paint, lighting and flooring, all done in 2022. Custom-built walk-in closet & modern upgrades in the Master bedroom, completed in 2024 & 2025. The eat-in kitchen and foyer showcases granite countertops and floors, paired with high end stainless steel appliances. A built-in wine rack, tastefully creates a sophisticated entertaining space in the living room. The solarium is anowners oasis to relax and unwind. The building offers resort-style amenities including a fully equipped gym, indoor pool, hot tub, 2 Tennis/Pickleball courts, squash court, billiard room, library, small & large party rooms & guest suites, all easily accessible. Concorde Park Social Committee is active with frequent events for owners to participate in. 24-hour concierge teamed with professional security staff are on duty and a full time superintendent is onsite. This unit includes an exceptionally rare offer of 3 underground parking spaces and 1 locker. This building is perfectly positioned with direct access for DVP North, 404 and 401, Plus, this convenient location provides effortless commuting to downtown. East Don Trail just steps away for scenic walkers and a serene path for regular cyclists to navigate this ravine system. TTC service is at your door & the Eglinton LRT Wynford Station is within walking distance. The neighborhood is home to the Aga Khan Museum, nearby outdoor mall - Shops at Don Mills is an ultimate shopping destination and with a nice selection of fine restaurants. Don't miss out this rare opportunity to own this turnkey, spacious corner home and be ready to be part of this vibrant Concorde Park community.
Estimate your monthly payments for this property
Estimated Payment
$3,894.06/mo
Includes CMHC insurance ($21,176)
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.
7 Concorde Place Unit 1108, 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
Competitive Pricing
At $633/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
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 $3,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.