21 Birchbank Lane, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13462454
About this home
This executive Don Mills townhome, discreetly tucked away on a private cul-de-sac, offers a lifestyle that is difficult to find within the city. Backing onto a lush ravine and a trail, the residence provides a serene escape where you can enjoy breathtaking vistas from the comfort of your private backyard and multiple balconies. Ravine views and direct access to trails are rare features for a townhome within the city, providing a unique lifestyle benefit that combines urban convenience with nature's serenity. Inside, thoughtful renovations introduce a modern, elevated aesthetic throughout the home. The functional layout is anchored by a recently transformed kitchen and bathrooms featuring large-slab porcelain tile flooring and elegantly refinished oak stairs. The home boasts 3 spacious bedrooms and 2 full bathrooms, complemented by a main-floor powder room for guests. With balconies on 1st /3rd level and an above-grade lower level that offers direct garage access and a walkout to the patio, the design seamlessly integrates indoor and outdoor living. The second-floor family room, anchored by a warm gas fireplace, serves as the perfect sanctuary for quality family time. Unparalleled location, situated just minutes from the Shops at Don Mills, where boutique shopping and fine dining are easily accessible by car or a pleasant stroll. Families will appreciate the proximity to top-rated schools and the natural beauty of Edwards Gardens, while commuters benefit from nearby access to the 401 and the DVP. Outdoor enthusiasts can step directly onto the trail for a scenic walk to local amenities or enjoy a seamless bike ride that connects all the way to the lake. This townhome also offers a low-maintenance lifestyle with a fee that covers water, lawn maintenance, and snow removal for the driveway/stairs. This is truly the perfect setting for those seeking a home that feels worlds away from the urban bustle, yet remains effortlessly connected to everything the city has to offer.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- C13462454
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Don Mills & Lawrence
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Stone
- Maintenance
- $761/mo
- Exposure
- South
- Property tax
- $5,072 / 2026
- Days on market
- 29
- Listing brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Rooms
broadloom · fireplace · w/o to balcony
broadloom · closet · california shutters
hardwood floor · open concept · pot lights
hardwood floor · closet · california shutters
double closet · broadloom · california shutters
porcelain floor · stone counters · juliette balcony
broadloom · w/o to patio · access to garage
hardwood floor · pot lights · w/o to sundeck
Listed at $1,195,000, this home is about 31% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Banbury-Don Mills, so I widened the search to the surrounding area.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.18M, higher 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, listed at $895K
- Size difference +$122K
- Adjusts to $1.02M
That comparable adjusts to $1.02M; the $911K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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, this is a very walkable address with everyday errands close by. Don Mills Rd at The Donway West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $911K, median of 6 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Worth verifying
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 37% above the area average of $581/sqft.
25 days longer than the Toronto average (4 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
Very 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.
Most daily errands can be done on foot.
🚉 Nearest transit: Don Mills Rd at The Donway West, about 168 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 17, 2026); conventional rates run a little higher.
Mortgage amount $956,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,102
- Property tax
- $423
- Condo / maintenance fees
- $761
- Heating
- $0
- Estimated monthly cost
- $6,285
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,375
- Toronto municipal land transfer tax
- $20,375
- Estimated closing costs
- $40,750
Plus your down payment of $239,000. 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
- $306,094
- Principal paid down
- $121,747
- Interest paid
- $184,347
- Balance remaining
- $834,253
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 RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.