Leafy Woodway Townhouses: An 11-Home 1978 Condo in Victoria Village

Leafy Woodway is one of the smallest condominiums in North York: 11 townhouses from 1978 on a private lane near Victoria Park Avenue. Very little is published about it, which is itself the first thing a buyer needs to know. Here is what can be confirmed, and what I would insist on seeing before I let a client make an offer. I’m Jatin Dua, RE/MAX Quantum Realty.

An 11-home corporation with no manager on record

Condos.ca lists no property management company for Leafy Woodway. That may mean the owners run the corporation themselves, or simply that the record is incomplete. Either way, it is the first question to answer, because it tells you who collects fees, who calls the roofer and who keeps the books.

Self-managed corporations are not unusual at this size, and some run very well. Costs stay low, and owners who care about the place make the decisions. The risks are that records are kept informally, that one or two volunteers carry the whole load, and that statutory items such as reserve fund studies and annual meetings slip.

If the corporation is self-managed, ask who prepares the status certificate, who holds the insurance policy, and when the last reserve fund study was done. Ontario requires those studies on a regular cycle, and a complex this old should have several on file.

Insurance deserves its own question. Ask for the corporation’s insurance certificate, the deductible and who is responsible for it under the declaration, because in a small complex a single claim can touch every owner’s fee.

Victoria Village: bungalows, ravines and an orchard past

Victoria Village sits between the Don Valley, Lawrence Avenue, Victoria Park Avenue and Eglinton Avenue. Much of the land was once the Herron family’s orchard, and a few of its apple trees still survive. The neighbourhood was built out mostly in the late 1950s and 1960s, with bungalows, some semis and two-storey houses on the inside streets.

Apartment buildings and condominiums sit mostly on the edges, along Lawrence, Eglinton and Victoria Park. Leafy Woodway is one of those edge properties, on the eastern side near Victoria Park, which is what makes a small townhouse complex possible here.

The neighbourhood’s green space is a real part of daily life. Wigmore Park, the Anewen Greenbelt and the Charles Sauriol Conservation Area are all municipal green spaces in Victoria Village, and the area backs onto the Don Valley ravine system. Transit, school and walking details are in the panel on this page.

For a buyer, that edge position is the appeal. You get the quiet streets, the parks and the ravines of an established bungalow neighbourhood, with the main roads and their shops and services a short trip away rather than outside your window.

What is changing along Eglinton

Line 5 Eglinton, the Crosstown LRT, opened in 2026 and runs through the south end of Victoria Village. That is the largest change this area has seen in decades. It tends to bring new mid-rise and high-rise proposals along the corridor, more retail over time and, in the short term, more construction.

For an owner at Leafy Woodway, the line mostly changes the buyer pool. A townhouse on the edge of a bungalow neighbourhood with rapid transit along Eglinton is easier to sell than it was before 2026, and that should support values over the long run.

If you will commute along Eglinton or downtown, test the trip at rush hour before you buy rather than relying on a map.

A 1978 complex with no published layouts

Condos.ca does not publish suite sizes, bedroom counts or parking for this complex, and I could not find a reliable public source for them. Measure the home you are viewing, confirm the bedroom count and find out what parking comes with it, and whether it is owned, exclusive-use or shared.

At 48 years old, the homes have probably been through at least one round of windows and roofs. Find out which homes have had what done, and whether the corporation or the owner paid for it, because declarations differ on who is responsible for windows, doors and decks. Have the home inspected for wiring, basement moisture and insulation.

Read the declaration for exclusive-use areas as well. Backyards, patios and front walks are often exclusive-use common elements, which means the corporation owns them but you maintain or pay for some of the work, and the split varies from complex to complex.

Pricing an 11-home complex

There were no homes for sale or for rent here on condos.ca at the time of writing, and condos.ca did not publish a building price per square foot. With 11 homes, a sale may come up once every year or two, so one transaction can move any average a long way.

Use the recorded sales and leases on this page as the starting point, then compare with other 1970s townhouse condominiums along Victoria Park, Lawrence and Eglinton in North York and East York. Adjust for size, parking, basement finish and the fee. In a corporation this small, the reserve fund balance per home matters as much as the asking price.

A low fee in an old, small complex is not always good news. It can mean the corporation has underfunded its reserve, which only moves the cost to a future special assessment. Compare the yearly reserve contribution in the budget with what the reserve fund study recommends.

If you own here and want a realistic number, ask me for the building sold report and I will pull the comparables that actually apply.

Building specifications

Jatin’s honest take on Leafy Woodway Townhouses

Leafy Woodway Townhouses — 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.