57 Lynch Road, Toronto, ON
Don Valley Village, Toronto · MLS® C13630784
About this home
Welcome to 57 Lynch Road! This bright and spacious semi-detached raised bungalow is nestled in the highly sought-after Don Valley Village. An incredible opportunity for first-time buyers, growing families, or investors, this home features 3 generous bedrooms and a highly functional layout. The main floor boasts an open-concept living and dining area flooded with natural light, alongside a family-sized kitchen. Step down to the fully finished basement, complete with a walk-out to the expansive 30 x 120 ft south-facing backyard-ideal for summer entertaining, gardening, or a safe play area for children. Enjoy the convenience of an attached garage and a private driveway with ample parking space. Located in a quiet, family-friendly pocket, you are just minutes away from top-rated schools, parks, Fairview Mall, the TTC Subway, and major highways (404, 401, and DVP) for a seamless commute. A fantastic home in a vibrant community-don't miss your chance to make it yours!
Key facts
- Property type
- Semi-Detached, Bungalow-Raised
- MLS®
- C13630784
- Bedrooms
- 3
- Bathrooms
- 2 (1 half)
- Size
- 2000-2500
- Lot
- 30 × 120 ft
- Cross streets
- Don Mills Road & Van Horne Avenue
- Parking
- 2 garage · 3 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Brick, Shingle
- Foundation
- Concrete, Block
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,310 / 2026
- Listing brokerage
- CENTRAL COMMERCIAL
Rooms
Closet
Combined w/Living
Family Size Kitchen
semi ensuite · his and hers closets
Closet
Open Concept
Walk-Out
Listed at $998,000, and my independent estimate is right in line with comparable homes.
In Don Valley Village lately, sellers get about 103% of asking; homes sell in ~32 days.
Total price vs nearby homes. Fair value about $994K, median of 17 comparables.
- Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
I take the 17 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $947K, a close match.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Don Valley Middle School) 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. Don Mills Road at Van Horne Avenue is about a 4-minute walk away.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Don Valley Village, so I widened the search to the surrounding area.
Based on 17 comparable homes that recently sold nearby.
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 homesPrice per square foot vs the area average.
Neighbourhood & location
Don Valley Village, 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: Don Mills Road at Van Horne Avenue, about 317 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 4.04% via Ratehub.ca (as of August 3, 2026); conventional rates run a little higher.
Mortgage amount $798,400 · 4.19% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,282
- Property tax
- $443
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,725
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,435
- Toronto municipal land transfer tax
- $16,435
- Estimated closing costs
- $32,870
Plus your down payment of $199,600. 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
- $256,943
- Principal paid down
- $101,079
- Interest paid
- $155,864
- Balance remaining
- $697,321
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
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 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 CENTRAL COMMERCIAL. MLS®/PropTx.