3 Greengate Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13528606

$1,995,000
For Sale
Listed 11 days ago
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5Bedrooms
2Bathrooms
1Garage · 4 parking
1100-1500Sq Ft

About this home

Attention Builders, Developers and Investors! Don't Miss This Warm And Inviting Family Home In The Highly Desirable Banbury-Don Mills Neighbourhood! Rarely Offered, Bungalow Detached Home is new paint, Move Right In, Or Take Advantage Of The Exceptional Potential To Renovate, Reimagine, Or Build Your Dream Home On This Premium Lot! One Of Very Few Homes Backing Directly Onto Rippleton Park, This Spacious Home Boasts A Very Functional Layout With Generous Principal Rooms - Perfect For Entertaining, A Functional Galley Kitchen With Large Living and Dinning Room With Wood-Burning Fireplace, Overlooking Backyard & Park, Laminate Flooring Throughout. The Finished Basement Features two bed rooms, one bath room, Walkup To Backyard. The Mature Treed Lot Features An Oversized Backyard stepped out to the park! Situated Within Steps To Many Nearby Parks, Ravines & Trails, Situated minutes from Hwy 404 & 401, Shops at Don Mills, Don Mills trails, the location also offers access to top-rated schools, including Rippleton Public School and York Mills Collegiate Institute. Close to renowned private schools (including TFS, Havergal, Crestwood, Crescent & UCC), private clubs (Rosedale Golf Club, Granite Club, and Donalda Golf Club) and Botanical Garden (Edwards Garden). And The Very Best That York Mills Has To Offer!

Key facts

Property type
Detached, Bungalow
MLS®
C13528606
Bedrooms
5 (3 + 2)
Bathrooms
2
Size
1100-1500
Lot
70 × 110.11 ft
Cross streets
Leslie/Lawrence
Parking
1 garage · 4 parking (detached)
Basement
Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,210 / 2025
Days on market
11
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.73Mest. value

Listed at $1,995,000, this home is about 15% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.98M, a bit higher.

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 $2.18M
  • Bedrooms +$30K
  • Adjusts to $2.21M

That comparable adjusts to $2.21M; the $1.73M estimate above is the median of all 7 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.

Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Leslie St at Talwood Dr South Side is about a 6-minute walk away.

List price
$1.72MGreat deal$2.00MOverpriced

Total price vs nearby homes. Fair value about $1.73M, median of 7 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Development potential: upside only if zoning permits, verify with the city before relying on it.
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.41Mavg asking

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

215 Honiton Street$1.57M44 Transwell Avenue$1.75M25 Furness Crescent$980k90 Renault Crescent$1.35M

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home1.57M1.75M980k1.35MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $1.76M
$1,535this home / sqft
8active listings nearby
11days on market

This home lists 19% above the area average of $1,289/sqft.

10 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

44/ 100

Somewhat 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.

Some errands on foot, but most trips need a car.

🚉 Nearest transit: Leslie St at Talwood Dr South Side, about 485 m away

20+ transit stops1 grocery10 dining15 parks5 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.

Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Wexford-Maryvale
$865K
High Park-Swansea
$4.99M
Cliffcrest
$1.51M

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 Rippleton Public School
75%
Rippleton Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$9,093/mo
$377KIncome needed
5.3×Price ÷ income
$2,098Weekly 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.

91%mortgage
Mortgage $9,093Property tax $851Total carry $9,943

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,517per month

Mortgage amount $1,596,000 · 4.14% over 25 years

$399,000Down payment (20.0%)
$1,596,000Loan before insurance
$0CMHC premium
$9,368Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,517
Property tax
$851
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,368

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

One-time closing costs

Ontario land transfer tax
$36,375
Toronto municipal land transfer tax
$36,375
Estimated closing costs
$72,750

Plus your down payment of $399,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,345/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

$959,055Total interest paid
$2,555,055Total of all payments
Principal $1,596,000 Interest $959,055
YearPrincipalInterestBalance
1$37,389$64,813$1,558,611
2$38,953$63,249$1,519,659
3$40,582$61,620$1,479,077
4$42,280$59,923$1,436,797
5$44,048$58,154$1,392,749
6$45,890$56,312$1,346,859
7$47,810$54,392$1,299,049
8$49,810$52,392$1,249,239
9$51,893$50,309$1,197,346
10$54,064$48,138$1,143,282
11$56,325$45,877$1,086,956
12$58,681$43,521$1,028,275
13$61,136$41,066$967,139
14$63,693$38,509$903,446
15$66,357$35,845$837,089
16$69,133$33,069$767,956
17$72,025$30,178$695,931
18$75,037$27,165$620,894
19$78,176$24,026$542,718
20$81,446$20,756$461,272
21$84,853$17,349$376,419
22$88,402$13,800$288,017
23$92,100$10,102$195,918
24$95,952$6,250$99,966
25$99,966$2,237$0

At the end of your 5-year term

Total paid over the term
$511,011
Principal paid down
$203,251
Interest paid
$307,760
Balance remaining
$1,392,749

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$2,300/mo
$27,600Gross annual rent
0.6%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.4%
Gross yield
− Property tax $10,210− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $12,954

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.

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