16 Dutch Myrtle Way, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13538310

$899,000
For Sale
Listed 9 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1800-1999Sq Ft

About this home

Don't Miss This Rare Opportunity To Move Into This Coveted Banbury-Don Mills Family Friendly Neighbourhood! This Large Executive 3 Storey Townhome Is Updated And Move In Ready! With A Light Filled Open Concept Design On The Main Floor, This Home Offers The Perfect Blend Of Comfort, Style, And Convenience. Enjoy A Functional And Spacious Layout With A Renovated Chef-Inspired Kitchen And Oversized Centre Island That Seamlessly Flows Into The Living/Dining Area With Access To The Backyard And Private Patio. The Expansive Second Floor Features A Family Room Which Showcases Soaring Ceilings, A Skylight, And A Cozy Wood Burning Fireplace, In Addition To A Third Bedroom Or A Possible Home Office. From The Second Floor Family Room There's A Walkout To An Oversized Terrace, Allowing For A Private Outdoor Space To Entertain, Or To Just Relax And Unwind. The Bright And Spacious 3rd Floor Offers A Lovely Primary Suite With Ensuite As Well As An Additional Bedroom Which Can Fit A Queen Size Bed! The Partially Finished Lower Level Provides A Huge Laundry Room, 2 Piece Powder Room, As Well As Direct Access To The Garage. There's Plenty Of Space For A Vehicle As Well As Lots Of Storage And Shelving. New And Improved External Updates To The Complex Were Completed 2 Years Ago By The Condo Corporation. The Updates Included: Front Exterior Concrete Stairs, Walkway & Railings, New Patio Stones and Retaining Walls. Refreshed And Ready For You To Move In! The Location Of This Home Can't Be Beat! Just Minutes From Shops at Don Mills, Top Rated Schools Including Norman Ingram Public School, Parks And Trails, Minutes To DVP, Eglinton Crosstown LRT, Sheppard Subway Line, Sunnybrook Hospital And All Major Amenities. Come See For Yourself What This Home Has To Offer!

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
C13538310
Bedrooms
3
Bathrooms
3 (1 half)
Size
1800-1999
Cross streets
Don Mills & Lawrence Ave E.
Parking
1 garage · 2 parking (built-in)
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$933/mo
Exposure
West
Property tax
$4,681 / 2025
Days on market
9
Listing brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY

Rooms

LaundryBasement4.27 × 3.86 m
KitchenMain3.20 × 3.66 m

centre island · combined w/dining

FoyerMain0.91 × 1.68 m

ceramic floor · mirrored closet

BedroomSecond4.27 × 2.87 m

double closet · hardwood floor

Family RoomSecond6.20 × 4.27 m

cathedral ceiling(s) · fireplace · pot lights

BedroomThird3.66 × 3.05 m

closet · hardwood floor

Primary BedroomThird3.66 × 3.53 m

3 pc ensuite · closet organizers · hardwood floor

Dining RoomMain3.35 × 3.35 m

hardwood floor · open concept

Living RoomMain4.27 × 3.96 m

hardwood floor · pot lights · w/o to garden

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.01Mest. value

Listed at $899,000, this home is about 11% below comparable homes, worth a close look. 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.07M, 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 $1.29M
  • Bathrooms +$15K
  • Adjusts to $1.30M

That comparable adjusts to $1.30M; the $1.01M estimate above is the median of all 5 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 East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$899KGreat deal$1.20MOverpriced

Total price vs nearby homes. Fair value about $1.01M, median of 5 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.
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.06Mavg asking

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

8-1 Bastedo Avenue$900k62 Jenny Wrenway$880k3 James Stock Path$1.05M7-70 Hargrave Lane$1.20MTH7-155 Woodbine Avenue$1.29M

The 5 closest active listings nearby.

See all comparable homes
899kThis home900k880k1.05M1.20M1.29MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $699K
$473this home / sqft
83active listings nearby
9days on market

This home lists 19% below the area average of $581/sqft.

5 days longer than the Toronto average (4 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

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: Don Mills Rd at The Donway East, about 33 m away

20+ transit stops2 grocery20+ dining20+ parks9 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.

Victoria Village
$782K
Don Valley Village
$720K
Willowdale East
$799K
L'Amoreaux
$600K
Hillcrest Village
$677K

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 Norman Ingram Public School
65%
Norman Ingram Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 65% meet the provincial standard

Affordability & Mortgage

Affordability
$4,097/mo
$190KIncome needed
4.7×Price ÷ income
$946Weekly 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.

76%mortgage
Mortgage $4,097Property tax $390Condo fee $933Total carry $5,421

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)
$3,838per month

Mortgage amount $719,200 · 4.14% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$5,161Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,838
Property tax
$390
Condo / maintenance fees
$933
Heating
$0
Estimated monthly cost
$5,161

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

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,662/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

$432,175Total interest paid
$1,151,375Total of all payments
Principal $719,200 Interest $432,175
YearPrincipalInterestBalance
1$16,848$29,207$702,352
2$17,553$28,502$684,799
3$18,287$27,768$666,511
4$19,052$27,003$647,459
5$19,849$26,206$627,610
6$20,679$25,376$606,930
7$21,544$24,511$585,386
8$22,446$23,609$562,940
9$23,384$22,671$539,556
10$24,363$21,692$515,193
11$25,382$20,673$489,811
12$26,443$19,612$463,368
13$27,549$18,506$435,819
14$28,702$17,353$407,117
15$29,902$16,153$377,214
16$31,153$14,902$346,061
17$32,456$13,599$313,605
18$33,814$12,241$279,791
19$35,228$10,827$244,563
20$36,702$9,353$207,861
21$38,237$7,818$169,625
22$39,836$6,219$129,788
23$41,503$4,552$88,286
24$43,239$2,816$45,047
25$45,047$1,008$0

At the end of your 5-year term

Total paid over the term
$230,275
Principal paid down
$91,590
Interest paid
$138,685
Balance remaining
$627,610

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$6,100/mo
$73,200Gross annual rent
5.4%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.

8.1%
Gross yield
− Property tax $4,681− Condo fees $11,201− Insurance $600− Vacancy & upkeep $8,052Net operating income $48,667

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

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