1350 York Mills Rd: A 1972 Parkwoods Condo Priced Under $400K

1350 York Mills is one of the few places left in Toronto where a two-bedroom condo with parking still asks under $400,000. That price comes with a 1972 building, a fee above a dollar per square foot and a reserve fund you need to read carefully. For the right buyer it is a genuine entry point into home ownership. I’m Jatin Dua, RE/MAX Quantum Realty.

A 1972 condo, and why that number matters

YCC-50 means this was among the first 50 condominium corporations registered under the old York numbering. Ontario’s first condominium legislation dates from the late 1960s, so this building comes from the very first wave of Toronto condos, when high-rises were planned on generous suburban lots with pools and lawns.

That era built solid concrete towers with large rooms and big windows. It also built them with single-pane or early double-pane glazing, original plumbing stacks, and mechanical systems that have now been replaced at least once, or need to be. Almost every major cost in a building like this comes from its age.

None of that is a reason to avoid it. It is a reason to read the reserve fund study first and the listing second.

The developer is not recorded on the building’s public profile, which is normal for corporations this old. What matters more than who built it in 1972 is how the board and manager have run it since, and that story is in the minutes, the budgets and the history of special projects.

Two-bedroom suites at a size new buildings no longer build

Active listings here are almost all two-bedroom suites, in the roughly 700 to 899 square foot bands, and condos.ca puts the overall range at about 619 to 845 square feet. In a 2026 pre-construction building, that floor area would buy you a one-plus-den.

Expect a separate kitchen, a defined dining area and two real bedrooms with closets, rather than a den with a sliding door. Balconies on buildings of this era tend to be generous, and corner suites get light on two sides.

Many suites have been renovated, and the quality varies widely. An updated kitchen and bathroom can be worth a meaningful premium here, but check whether the electrical panel and plumbing were updated too, not just the cabinets. Ask whether the suite has had its windows or balcony door replaced, or whether that work is still to come under a building-wide program.

Fees: high per foot, but look at what they include

The four suites for sale at the time of writing carried fees in a narrow band of roughly $870 to $880 a month, which works out to about $1.03 per square foot on active listings. That is high next to a newer building, and it is the number that scares buyers away.

The inclusions narrow the gap. Heat, water, building insurance and parking are all in the fee. In a newer tower you would usually pay for parking separately and heat your suite through your own hydro bill, so the real difference is smaller than the headline per-foot figure suggests.

What you cannot do is ignore the trend. In an older building, fees tend to rise faster than inflation as major components come due. Ask for the fee history over the last five years and the reserve fund study’s projected contributions before you write an offer.

Daily life in Parkwoods

The building sits on York Mills Road in the Parkwoods area of North York, east of the Don Valley Parkway. This is a residential part of the city built mostly in the 1950s and 1960s, with bungalows, townhouse complexes and a cluster of older rental and condo towers along the main roads.

Daily errands mean plazas rather than a main street. Most owners drive, and that is where included parking earns its keep, with quick access to the Don Valley Parkway and Highway 401 for commuting.

The area is close to the Don Valley ravine system and its trails, which is a real quality-of-life benefit if you walk or cycle. Transit, schools, parks and walkability are listed in the data panel on this page.

Pricing: one of the lowest entry points in North York

Condos.ca puts the building’s average at about $567 per square foot, well below the city average for condos and far below anything built in the last decade.

Four active sale listings at the time of writing were asking between about $375,000 and $399,000, all two-bedroom suites. That narrow range is useful: it tells you the market has a clear sense of what a suite here is worth, and that condition and floor are what move the price within it.

With several suites for sale at once, buyers have some leverage. Compare the listings directly on condition, exposure and floor, and use recent sold data rather than asking prices. You can request a sold report for this building.

Remember too that lenders and insurers look harder at older buildings. Get your mortgage pre-approval with the address in hand, and have your lawyer review the status certificate before your conditions expire.

Building specifications

Amenities at 1350 York Mills

An outdoor pool, a sauna and a gym are the core of the package, which is more than many newer buildings offer. The outdoor pool is a summer amenity only, and like all pools it is a recurring cost in the reserve fund.

Jatin’s honest take on 1350 York Mills

1350 York Mills — frequently asked questions

Looking at York Mills, Don Mills, Lawrence Park, Bathurst Manor and midtown-north Toronto more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.