1503-3 Concorde Place, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13433536

$988,000
For Sale
Listed 41 days ago
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3Bedrooms
3Bathrooms
2Garage
2000-2249Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Exquisitely renovated Bright & Spacious 2-Bedroom condo plus den and solarium in Prime Toronto Location. Welcome to this grand and spacious, pet-friendly elegant condo apartment in one of Toronto' s most desirable neighbourhoods. Boasting over 2,000 sq. ft. of bright, open-concept living space, this home combines luxury finishes with everyday functionality. Key Features: Spacious Layout: Open-concept living and dining areas with walk-out to a private balcony; Gourmet Kitchen: Fully renovated with centre island, quartz countertops, and stunning finish. Primary Suite: Features a walk-in closet with custom California Closets and a spa-like 5-piece ensuite with a tub and free-standing shower. Second Bedroom: Generously sized with ample natural light; Storage Galore: Includes an oversized in-suite storage room, two owned lockers, and two parking spots. High-End Finishings: Premium flooring, modern lighting, and custom closet organizers throughout. Location. Don't miss the opportunity to live in a truly unique and spacious condo larger thana house, in the heart of Toronto. Highlights: Steps to scenic parks and miles of walking trails. Easy access to DVP Superstore, Shops at Don Mills, and the upcoming Eglinton Crosstown LRT, Centrally located for convenient city living with a serene, nature-filled backdrop.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13433536
Bedrooms
3 (2 + 1)
Bathrooms
3 (1 half)
Size
2000-2249
Cross streets
Eglinton and Don Valley
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$2,044/mo
Exposure
South East
Property tax
$4,764 / 2025
Days on market
41
Listing brokerage
RIGHT AT HOME REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$821Kest. value

Listed at $988,000, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($465/sqft) is below the area, so you are paying for extra space rather than a premium.

In Banbury-Don Mills lately, sellers have been getting about 97% of asking and homes sell in about 35 days.

Based on 9 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 9 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $885K, a close match.

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 $750K
  • Size difference +$49K
  • Bedrooms +$21K
  • Bathrooms +$11K
  • Adjusts to $830K

That comparable adjusts to $830K; the $821K estimate above is the median of all 9 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 Gateway Public 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, this is a very walkable address with everyday errands close by. Concorde Gate South Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$806KGreat deal$988KOverpriced

Total price vs nearby homes. Fair value about $821K, median of 9 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$1.10Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2504-75 Wynford Heights Crescent$1.18M1202-1 Concorde Place$995k1801-1 Concorde Place$860k212-16 Dallimore Circle$999k2707-30 Inn On The Park Drive$1.48M

The 5 closest of 8 active listings nearby.

See all comparable homes
988kThis home1.18M995k860k999k1.48MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $999K
$465this home / sqft
11active listings nearby
41days on market
84sold nearby · 90 days
$567Kmedian sold price
97%of asking, on average

This home lists 28% below the area average of $650/sqft.

40 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Banbury-Don Mills, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

90/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Concorde Gate South Side, about 54 m away

20+ transit stops6 grocery20+ dining20+ parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale East
$634K
Church-Yonge Corridor
$627K
Moss Park
$519K
Bay Street Corridor
$471K
Waterfront Communities C8
$719K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Gateway Public School
54%
Gateway Public SchoolPublic · Elementary · 2.0 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$4,503/mo
$226KIncome needed
4.4×Price ÷ income
$1,039Weekly cost
20% down4.79%25-yr amortization

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.

65%mortgage
Mortgage $4,503Property tax $397Condo fee $2,044Total carry $6,944

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,218per month

Mortgage amount $790,400 · 4.14% over 25 years

$197,600Down payment (20.0%)
$790,400Loan before insurance
$0CMHC premium
$6,659Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,218
Property tax
$397
Condo / maintenance fees
$2,044
Heating
$0
Estimated monthly cost
$6,659

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$16,235
Toronto municipal land transfer tax
$16,235
Estimated closing costs
$32,470

Plus your down payment of $197,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,123/monthPayment at the qualifying rate

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

$474,960Total interest paid
$1,265,360Total of all payments
Principal $790,400 Interest $474,960
YearPrincipalInterestBalance
1$18,516$32,098$771,884
2$19,291$31,324$752,593
3$20,098$30,517$732,495
4$20,938$29,676$711,557
5$21,814$28,800$689,742
6$22,727$27,888$667,016
7$23,677$26,937$643,338
8$24,668$25,947$618,671
9$25,700$24,915$592,971
10$26,774$23,840$566,197
11$27,894$22,720$538,302
12$29,061$21,553$509,241
13$30,277$20,338$478,964
14$31,543$19,071$447,421
15$32,863$17,752$414,558
16$34,237$16,377$380,321
17$35,669$14,945$344,652
18$37,161$13,453$307,490
19$38,716$11,899$268,775
20$40,335$10,279$228,440
21$42,022$8,592$186,417
22$43,780$6,834$142,637
23$45,611$5,003$97,026
24$47,519$3,095$49,507
25$49,507$1,108$0

At the end of your 5-year term

Total paid over the term
$253,072
Principal paid down
$100,658
Interest paid
$152,414
Balance remaining
$689,742

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.

Let's connect

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

Rental yield
Estimate$6,800/mo
$81,600Gross annual rent
4.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

8.3%
Gross yield
− Property tax $4,764− Condo fees $24,532− Insurance $600− Vacancy & upkeep $8,976Net operating income $42,728

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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