321-255 The Donway West, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13415864
About this home
Superb two-bedroom two-bathroom 1,400 sq.ft. corner unit condo in the prestigious resort-like Village Mews in the heart of the Banbury-Don Mills community. The exceptional floor plan offers an open concept kitchen and an expansive living and dining area surrounded by seven large windows which provide an abundance of natural light throughout the day and superb views of the gardens and a huge cherry tree. The large principal bedroom has a four-piece ensuite and a walk-in closet while the second bedroom could be used as a den, a home office or as an extension for entertaining. Other features include a wood burning fireplace, marble flooring and custom mirrors in the foyer, pot lights, ensuite storage, two parking spaces lone being right in front of the elevator entrance)and a large corner locker. Stunning and very well kept park-like grounds offer waterfalls, ponds, a pavilion party room and an outdoor patio Ideal location steps to the The Shops on Don Mills, 24-Hr. Shoppers Drug Mart, Major Banks, Library, Fine Dining, VIP Theater, Public Transit and easy access to the DVP and 401.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13415864
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Don Mills/Lawrence Ave
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Maintenance
- $1,105/mo
- Exposure
- South West
- Property tax
- $3,605 / 2025
- Days on market
- 43
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
Closet
4 pc ensuite · walk-in closet(s)
hardwood floor · open concept · window
combined w/living · large window
marble floor · closet
Ceramic Floor
combined w/dining · fireplace · large window
Listed at $669,000, this home is about 35% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
In Banbury-Don Mills lately, sellers have been getting about 97% of asking and homes sell in about 35 days.
Based on 95 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 95 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $698K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $650K
- Adjusts to $650K
That comparable adjusts to $650K; the $1.03M estimate above is the median of all 95 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Don Mills Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Duncairn Road North Side is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $1.03M, median of 95 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow.
- Elevator: rare and valuable for accessibility and resale.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 34% below the area average of $678/sqft.
42 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Banbury-Don Mills, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Duncairn Road North Side, about 25 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $535,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,856
- Property tax
- $300
- Condo / maintenance fees
- $1,105
- Heating
- $0
- Estimated monthly cost
- $4,261
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,855
- Toronto municipal land transfer tax
- $9,855
- Estimated closing costs
- $19,710
Plus your down payment of $133,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $171,362
- Principal paid down
- $68,158
- Interest paid
- $103,204
- Balance remaining
- $467,042
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.