How much is 51 Parkwood Dr listed for?

51 Parkwood Dr is listed at $1,225,000 (MLS® X13724124). Summitly updates the price as soon as the MLS® record changes.

Is $1,225,000 a good price for 51 Parkwood Dr?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Tillsonburg. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out.

Has the price of 51 Parkwood Dr changed?

Yes — it was first listed at $1,250,000 and is now $1,225,000, a drop of $25,000 (2.0%).

How many bedrooms and bathrooms does 51 Parkwood Dr have?

51 Parkwood Dr has 3 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Tillsonburg.

How much would the monthly mortgage be on 51 Parkwood Dr?

About $6,018 a month — principal and interest on $1,225,000 with 20% down ($245,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 51 Parkwood Dr compare with other homes in Tillsonburg?

Its asking price of $1,225,000 is about 133% above the median sold price in Tillsonburg over the last 90 days, $525,000, across 129 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 51 Parkwood Dr been sold before?

Summitly has no earlier MLS® sale or lease of 51 Parkwood Dr on record from the last two years. Older records aren't shown under TRREB rules.

Where is 51 Parkwood Dr?

51 Parkwood Dr is in Tillsonburg, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 51 Parkwood Dr been on the market?

54 days — 51 Parkwood Dr was listed on August 28, 2026.

What is the price per square foot of 51 Parkwood Dr?

About $490 to $613 per square foot: the asking price of $1,225,000 over the 2,000–2,500 sq ft the listing gives as its size range.

Does 51 Parkwood Dr have parking or a garage?

Yes — the listing gives 8 parking spaces. Garage: Yes.

Does 51 Parkwood Dr have a basement, and is it finished?

The listing describes the basement as: Full, Walk-Out.

For saleWell Above Market

DetachedOn market 54 daysPrice drop · $25,000 off (-2.0%)

51 Parkwood Dr, Tillsonburg

Name: 51 Parkwood Drive
SKU: X13724124
Price: 1225000 CAD
Availability: InStock

Tillsonburg, ON · · MLS® X13724124Updated October 5, 2026

$1,225,000Est. $6,018/mo mortgage

Bedrooms: 3
Bathrooms: 3
Living space: 2000–2500sq ft
Parking spaces: 8

Type Detached
Lot 25.995 acres
Garage Yes
Basement Full, Walk-Out

What you should know

51 Parkwood Dr is a 3-bedroom, 3-bathroom detached home in Tillsonburg, listed for $1,225,000. It has 2000-2500 sq ft of living space.

Fully renovated inside and out, this exceptional property is situated on one of the most picturesque lots in the highly desirable Annandale subdivision, offering breathtaking views of the ravine and Big Otter Creek.
The main level is both elegant and inviting, featuring a spectacular kitchen with an impressive quartz center island, dining area, and comfortable living room with custom built-ins and gas fireplace.
Upstairs you'll find the three bedrooms, including a remarkable primary retreat featuring a spa-inspired ensuite, generous walk-in closet, and private balcony overlooking the ravine and Big Otter Creek.

Ask Zara:

3 Bed, 3 Bath Detached Home in Tillsonburg

About 51 Parkwood Drive

Introducing an extraordinary custom designed home where refined craftsmanship, thoughtful design, attention to detail in an unparalleled natural setting come together in one of Tillsonburg's most coveted locations. Fully renovated inside and out, this exceptional property is situated on one of the most picturesque lots in the highly desirable Annandale subdivision, offering breathtaking views of the ravine and Big Otter Creek. The main level is both elegant and inviting, featuring a spectacular kitchen with an impressive quartz center island, dining area, and comfortable living room with custom built-ins and gas fireplace. Oversized windows flood the home with natural light while showcasing the ever-changing beauty of the surrounding landscape. Main floor laundry adds convenience. The double car garage, with an epoxy coated floor features ship-lapped pine walls and ceiling which offers a clean look and plenty of storage. Upstairs you'll find the three bedrooms, including a remarkable primary retreat featuring a spa-inspired ensuite, generous walk-in closet, and private balcony overlooking the ravine and Big Otter Creek. A beautifully finished three-piece bathroom serves the additional bedrooms. The lower level offers an impressive walk-out design with versatile recreation space, a second gas fireplace, dedicated workshop, fourth bathroom, and ample storage. Enjoy your private oasis with a covered rear deck, multiple seating areas, and a hot tub nearby perfect for entertaining or unwinding while surrounded by spectacular natural beauty. Imagine sitting on one of the decks watching a pair of Bald Eagles flying by patrolling their domain. A truly rare opportunity to own a completely renovated custom home in one of Tillsonburg's most sought-after neighbourhoods, where exceptional living meets an extraordinary setting.

3 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $613 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 51 Parkwood Dr

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 8 spacesYes garage
Basement: Full, Walk-Out

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 8

Interior

Basement: Full · Walk-Out

Lot & land

Lot size (sqft): 0.5

Listing & possession

Property style: 2-Storey
Property class: Detached

51 Parkwood Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13724124−$25,000 (2.0%)$1,225,000
Aug 28, 2026For saleListedThis listingMLS® X13724124$1,250,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 51 Parkwood Dr Compares to the Tillsonburg Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 214 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Tillsonburg market, last 90 days

Median sold price: $525,000
Average sold price: $548,426
Average days on market: 62
Homes sold: 129

Closed sales on the TRREB MLS®.

Full Tillsonburg market report

Recently sold nearby in Tillsonburg

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home51 Parkwood Drive 3 bd · 3 ba · 2,000 sqft	$1,225,000asking	$613	—	—
5 Dereham Drive 2 bd · 2 ba · 1,500 sqft
124623 Simcoe Street 3 bd · 2 ba · 1,500 sqft
48 Sinclair Drive 3 bd · 1 ba · 1,100 sqft
32 Wilkins Crescent 2 bd · 2 ba · 1,500 sqft
5 FIRST Alley 3 bd · 1 ba · 700 sqft
81 Vienna Road 3 bd · 2 ba · 1,500 sqft

5 Dereham Drive
2 bd · 2 ba · 1,500 sqft
124623 Simcoe Street
3 bd · 2 ba · 1,500 sqft
48 Sinclair Drive
3 bd · 1 ba · 1,100 sqft
32 Wilkins Crescent
2 bd · 2 ba · 1,500 sqft
5 FIRST Alley
3 bd · 1 ba · 700 sqft
81 Vienna Road
3 bd · 2 ba · 1,500 sqft

Living in Tillsonburg: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Loading schools, parks, groceries and more nearby…

How long is your commute?

From 51 Parkwood Dr. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 51 Parkwood Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $6,018; 20% down · 25 years · 5.5% assumed
Property tax: $674; 0.66% mill rate · ON
Total per month: $6,692; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$6,018

/mo

based on the purchase price of $1,225,000

Down payment20%

$245,000 cash

Amortization25 yr

$980,000 financed

Rate5.50%

$825,417 total interest

Principal54%$980,000

Interest46%$825,417

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

Own a home on Parkwood Drive? See what yours is worth

Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.

Free · No obligation · Backed by Coldwell Banker

Book a tour of 51 Parkwood Dr with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 51 Parkwood Dr day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Listing brokerage: Royal Lepage R.E. Wood Realty BrokerageMLS® X13724124 · Listing data last updated October 5, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Aug 27· $613/sq ft

Estimated monthly mortgage$6,018/moMortgage only · 20% down · 5.5% assumed

Adjust

Talk to a Real Estate Advisor · (905) 553-8500(main line)

Ask a question about this home

Get pre-approved for this home Run your scenario →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Price alert

We'll email you if this price drops.

5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

Similar homes for sale nearby in Tillsonburg

Other 2–5 bed homes for sale in Tillsonburg around $1.2M.

See all 3-bedroom homes for sale in Tillsonburg

Homes for sale in Tillsonburg

Every active Tillsonburg MLS® listing, updated all day.

Tillsonburg real estate

Explore More Detached Homes in Tillsonburg

Curated MLS® searches this property belongs to — same city, same shape of home.

51 Parkwood Dr, Tillsonburg

What you should know