418-255 The Donway, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13596814
About this home
Exceptional Garden View 1528 sq ft condo with 2 bedrooms + family room. Welcome to Suite 418 at Village Mews, one of the area's most admired low-rise communities, nestled among beautifully landscaped grounds with waterfalls and ponds. Spacious and thoughtfully designed, this suite offers the comfort and feel of a bungalow. A proper foyer welcomes you inside before opening to a bright and spacious living and dining area with hardwood floors, an elegant fireplace (currently decommissioned), and large east-facing windows (with garden views) that fill the suite with natural light. Bring your house-sized furniture... there's room for it here.The adjoining family room (easily converted to a 3rd bedroom) overlooks the stunning gardens -- perfect as a home office, den, or peaceful retreat. The generous primary suite features a walk-in closet and 3 pc ensuite with step-in shower, while the second bedroom provides a comfortable space for guests or family. Full-size ensuite laundry room (with closet), a locker, and a conveniently located parking space add everyday convenience. Freshly painted with brand new broadloom in the bedrooms, plus a new heat pump and humidifier (2024), this move-in ready home combines comfort with peace of mind. The Village Mews is renowned for its welcoming atmosphere and meticulously maintained resort-like grounds, complete with a garden pavilion party room, outdoor patio, visitor lounge, meeting room, visitor parking, and car wash. Maintenance fees include VIP Cable and Internet. Ideally located just steps to the Shops at Don Mills, 24-hour Shoppers Drug Mart, Public Library, Fine Dining & VIP Cineplex, with easy access to the TTC, DVP, & Highway 401. Don't miss out on this rare opportunity to enjoy spacious, carefree living in an exceptional community.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13596814
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Don Mills/Lawrence
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,156/mo
- Exposure
- East
- Property tax
- $3,770 / 2025
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Listed at $649,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
In Banbury-Don Mills lately, sellers have been getting about 98% of asking and homes sell in about 32 days.
Based on 48 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 48 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $800K, 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, sold for $643K
- Bedrooms +$19K
- Adjusts to $663K
That comparable adjusts to $663K; the $702K estimate above is the median of all 48 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 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Duncairn Road North Side is about a 1-minute walk away.
Total price vs nearby homes. Fair value about $702K, median of 48 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.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 37% below the area average of $686/sqft.
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
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 OpenStreetMap contributors.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Duncairn Road North Side, about 25 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 23, 2026); conventional rates run a little higher.
Mortgage amount $519,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,771
- Property tax
- $314
- Condo / maintenance fees
- $1,156
- Heating
- $0
- Estimated monthly cost
- $4,241
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,455
- Toronto municipal land transfer tax
- $9,455
- Estimated closing costs
- $18,910
Plus your down payment of $129,800. 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
- $166,239
- Principal paid down
- $66,120
- Interest paid
- $100,118
- Balance remaining
- $453,080
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 ALL-STARS REALTY INC.. MLS®/PropTx.