60 Doonaree Drive, Toronto, ON
Parkwoods-Donalda, Toronto · MLS® C13593674
About this home
Discover the perfect blend of timeless mid-century modern architecture and a Muskoka-inspired setting in Toronto's lush Parkwoods neighbourhood. Nestled on an expansive ravine lot, this sophisticated residence is filled with natural light, architectural character, and multiple walkouts, creating a seamless connection between indoor and outdoor living. The modern kitchen with premium appliances and a waterfall breakfast island flows effortlessly into the formal living and dining room, each opening to the wrap-around patio and terrace. Just a few steps above, the dramatic great room is the home's architectural centrepiece, featuring a dramatic vaulted ceiling, floor-to-ceiling windows, a striking brick-and-stone fireplace surround, and breathtaking treetop views. The upper level offers two generous bedrooms, including a spacious primary retreat overlooking the tranquil backyard, with custom built-ins, a sitting area, and a beautifully updated four-piece bathroom with quartz countertops and Italian tile. Thoughtfully designed with distinct yet connected living areas, this side split's unique layout offers exceptional flexibility for growing families, multi-generational living, or those who love to entertain. The ground-level, with its separate walkout, offers a gas fireplace, an office nook, and a large closet, ideal for use as a family room, a private third bedroom, or a convenient in-law suite. The finished lower level adds a fourth bedroom, a three-piece bathroom, laundry, and abundant storage. Outside, mature trees, cascading gardens, expansive decks, and an in-ground pool overlook the picturesque ravine, creating the feeling of a contemporary cottage retreat in the city. Complete with adouble-car garage and private driveway, this exceptional home is moments from parks, walking trails, top-rated schools, including Victoria Park Collegiate's acclaimed IB program, and convenient access to the TTC, DVP and Hwy 401
Key facts
- Property type
- Detached, Sidesplit
- MLS®
- C13593674
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1500-2000
- Lot
- 57 × 120.07 ft
- Cross streets
- Lawrence Ave W & Underhill Dr
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Wood
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle, Tar and Gravel
- Sewer
- Sewer
- Pool
- Inground, Outdoor
- Property tax
- $8,226 / 2026
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
w/o to pool · fireplace · large closet
closet · overlooks frontyard · wood
b/i closet · overlooks backyard · broadloom
overlooks dining · w/o to deck · breakfast bar
above grade window · pot lights · broadloom
combined w/living · large window · parquet
cathedral ceiling(s) · fireplace · overlooks pool
combined w/dining · w/o to deck · parquet
Listed at $1,580,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Parkwoods-Donalda lately, sellers have been getting about 99% of asking and homes sell in about 20 days.
There were not many closely comparable homes right in Parkwoods-Donalda, so I widened the search to the surrounding area.
Based on 77 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 77 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.55M, 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 $1.25M
- Bedrooms −$30K
- Bathrooms +$15K
- Adjusts to $1.24M
That comparable adjusts to $1.24M; the $1.47M estimate above is the median of all 77 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 Milne Valley Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.47M, median of 77 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. Worth verifying
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 3% below the area average of $927/sqft.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Parkwoods-Donalda, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,264,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,745
- Property tax
- $686
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,431
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,075
- Toronto municipal land transfer tax
- $28,075
- Estimated closing costs
- $56,150
Plus your down payment of $316,000. 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
- $404,710
- Principal paid down
- $160,971
- Interest paid
- $243,740
- Balance remaining
- $1,103,029
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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.