57 Lynch Road, Toronto, ON
Don Valley Village, Toronto · MLS® C13630784
About this home
In short
- Welcome to 57 Lynch Road.
- 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...
- 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...
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 sq ft
- 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
- Days on market
- 58
- 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. Going by how homes in Don Valley Village and the wider GTA have actually closed against their asking prices (about 99%, 5 local closings in 90 days), the likely sale price is near $983K, if it sells. A realistic range is $921K to $1.11M.
Independent value check: $986K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $924K and $1.03M).
Why $986K. The typical semi-detached home sold in Don Valley Village over the past year went for about $1.04M (12 sales). What sets this one apart:
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises it slightly2 garage and 3 total parking spaces, against 1.25 and 4 typically.
Total price vs nearby homes. Likely closing about $983K, from 5 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $444/sqft against an area asking average of $830/sqft.
- 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
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.01M. Condition and finishes remain an in-person call.
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.
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 5 comparable homes that sold in Don Valley Village over the past two years, from 24 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $986K, which is where my estimate comes from.
Per square foot, these ask about $538/sqft; this home lists at $444/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $798,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,414
- Property tax
- $443
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,857
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
- $264,869
- Principal paid down
- $97,550
- Interest paid
- $167,320
- Balance remaining
- $700,850
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
The suite is real income here: basements rent in Don Valley Village (12 of 29 recent detached leases were basement units, around $1,780 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,780 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 6 whole-home leases in Don Valley Village signed at a median of $1,800 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,725. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTRAL COMMERCIAL. MLS®/PropTx.