1605-180 Fairview Mall Drive, Toronto, ON

Don Valley Village, Toronto · MLS® C13467634

$539,900
For Sale
Listed 28 days ago
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2Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

Bright & Functional 1+Den Unit! Enjoy Stunning south West-Facing Views From The Large Balcony.Modern Open-Concept Layout W/ Laminate Floors Throughout, Floor-To-Ceiling Windows & Tons Of Natural Light. Sleek Kitchen W/ B/I S/S Appliances, Quartz Counters. Study / Den Perfect As Office. Building Amenities Include Gym, 24Hr Concierge, visitor parking, billiard room, Party Room, & media Lounge. Unbeatable Location Steps To Don Mills Subway, Fairview Mall, Library,TTC, Groceries, Dining, Cineplex, Parks, 404/401/DVP. Perfect For First-Time Buyers, Investors Or Professionals

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13467634
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
0-499
Cross streets
Sheppard/Don Mills
Parking
1 garage (other)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$408/mo
Exposure
South West
Property tax
$2,247 / 2025
Days on market
28
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

DenFlat1.56 × 1.20 m

open concept · laminate

Living RoomFlat3.35 × 2.60 m

w/o to balcony · open concept · laminate

Dining RoomFlat3.35 × 2.60 m

combined w/living · open concept · laminate

Primary BedroomFlat3.35 × 2.70 m

b/i closet · floating stairs · laminate

KitchenFlat4.63 × 2.16 m

b/i appliances · open concept · laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$470Kest. value

Listed at $539,900, this home is about 15% 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 Don Valley Village, so I widened the search to the surrounding area.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $494K, 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, listed at $405K
  • Bedrooms +$30K
  • Adjusts to $435K

That comparable adjusts to $435K; the $470K estimate above is the median of all 11 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 Georges Vanier Secondary 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. Fairview Mall Dr / Godstone Rd is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$465KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $470K, median of 11 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$532kavg asking

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

1604-181 Huron Street$539k3210-375 King Street$529k708-560 King Street$690k1009-33 Sheppard Avenue$370k

The 4 closest active listings nearby.

See all comparable homes
540kThis home539k529k690k370kThis home vs active comparables
Live market pulseActive comparables in Don Valley Village · median list $508K
$2,164this home / sqft
25active listings nearby
28days on market

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Don Valley Village, 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

79/ 100

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: Fairview Mall Dr / Godstone Rd, about 325 m away

20+ transit stops9 grocery20+ dining20+ parks10 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
$441K
Banbury-Don Mills
$500K
Willowdale West
$770K
Annex
$1.57M
Church-Yonge Corridor
$590K

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 Kingslake Public School
55%
Kingslake Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady of GuadalupeEQAO results not published

Affordability & Mortgage

Affordability
$2,461/mo
$111KIncome needed
4.9×Price ÷ income
$568Weekly 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.

81%mortgage
Mortgage $2,461Property tax $187Condo fee $408Total carry $3,056

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,305per month

Mortgage amount $431,920 · 4.14% over 25 years

$107,980Down payment (20.0%)
$431,920Loan before insurance
$0CMHC premium
$2,900Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,305
Property tax
$187
Condo / maintenance fees
$408
Heating
$0
Estimated monthly cost
$2,900

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

One-time closing costs

Ontario land transfer tax
$7,273
Toronto municipal land transfer tax
$7,273
Estimated closing costs
$14,546

Plus your down payment of $107,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,799/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

$259,546Total interest paid
$691,466Total of all payments
Principal $431,920 Interest $259,546
YearPrincipalInterestBalance
1$10,118$17,540$421,802
2$10,542$17,117$411,260
3$10,983$16,676$400,277
4$11,442$16,217$388,835
5$11,921$15,738$376,915
6$12,419$15,239$364,496
7$12,939$14,720$351,557
8$13,480$14,179$338,077
9$14,044$13,615$324,034
10$14,631$13,028$309,402
11$15,243$12,416$294,159
12$15,881$11,778$278,279
13$16,545$11,114$261,734
14$17,237$10,422$244,497
15$17,958$9,701$226,538
16$18,709$8,949$207,829
17$19,492$8,167$188,338
18$20,307$7,352$168,030
19$21,156$6,502$146,874
20$22,041$5,617$124,832
21$22,963$4,695$101,869
22$23,924$3,735$77,945
23$24,925$2,734$53,021
24$25,967$1,691$27,053
25$27,053$605$0

At the end of your 5-year term

Total paid over the term
$138,293
Principal paid down
$55,005
Interest paid
$83,288
Balance remaining
$376,915

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$3,000/mo
$36,000Gross annual rent
4.5%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.

6.7%
Gross yield
− Property tax $2,247− Condo fees $4,896− Insurance $600− Vacancy & upkeep $3,960Net operating income $24,297

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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