$619,000 - 99 The Donway N/A Unit 709, Parkwoods
Condo for Sale in Parkwoods
40 days on marketNeighbourhood: Banbury-Don Mills
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- MLS Number
- C13721822
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Don Mills / Parkwoods / Victoria Village
- Taxes (2026)
- $3,338
- Maintenance Fees
- $707/mo
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- REALTY ONE GROUP FLAGSHIP
The perfect corner layout! Enjoy sophisticated condo living with direct access to the vibrant Shops At Don Mills. Flaire Condos greets you with manicured landscaping, a striking carport and sweeping architecture that revives the neighbourhood's modernist design legacy. This 751sf split-bedroom floorplan provides unmatched functionality and liveability. Floor to ceiling windows overlook the 159sf wrap-around balcony with panoramic views. The kitchen boasts granite countertops and a centre island which provides abundant counter space and storage. Both bedrooms are equipped with large mirrored closets, while the primary bedroom contains a 3-piece ensuite bathroom. Built-in medicine cabinets and under-sink storage adds functional storage space in both bathrooms. Freshly painted, upgrades include new fridge and microwave. Residents enjoy resort-like amenities with designer finishes including a 5th floor roof terrace with cabanas and barbeques, gym, theatre, party room + board room and a cute little dog park! Exceptional location right behind the Shops At Don Mills for all of your shopping and dining needs. Easy access to DVP via Lawrence Avenue and minutes away from the new Line 5 Eglinton for convenient transit accessibility. One parking spot and one locker included!
Estimate your monthly payments for this property
Estimated Payment
$3,175.79/mo
Includes CMHC insurance ($17,270)
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.
99 The Donway N/A Unit 709, 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 $884/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.
Market Position
At 40 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. The $707/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.