405-128 Fairview Mall Drive, Toronto, ON

Don Valley Village, Toronto · MLS® C13671834

$549,000
For Sale
Listed 67 days agoNo offer date statedSitting longer than typical
2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Amazing Location & Great Opportunity.
  • 2 Bedrooms & 2 Bathrooms W/Unobstructed South West Views.
  • Open Concept, Modern Kitchen W/Stainless Steel Appliances/Quartz Countertop.
  • Easy Access to DVP/Hwy401/404.
  • Minutes to Parks Restaurants.

Amazing Location & Great Opportunity! Owner Occupied! Right Across Fairview Mall, T&T Supermarket & Don Mills Subway Station! Bright & Spacious Corner Suite! 2 Bedrooms & 2 Bathrooms W/Unobstructed South West Views. 10 Feet Ceiling. Open Concept, Modern Kitchen W/Stainless Steel Appliances/Quartz Countertop. Laminate Flooring Thru-Out. Easy Access to DVP/Hwy401/404. Urban Amenities. Minutes to Parks Restaurants. Motivated Sellers! One Parking Included!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13671834
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Don Mills Rd & Sheppard Ave East
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$716/mo
Exposure
South West
Property tax
$2,768 / 2025
Days on market
67
Listing brokerage
NU STREAM REALTY (TORONTO) INC.

Rooms

Primary BedroomMain3.05 × 2.43 m

walk-in closet(s) · laminate · ensuite bath

Dining RoomMain5.79 × 4.56 m

laminate · combined w/kitchen · open concept

Living RoomMain5.79 × 4.56 m

laminate · w/o to balcony · open concept

Bedroom 2Main2.44 × 1.82 m

laminate · large window · sliding doors

KitchenMain5.79 × 4.56 m

laminate · combined w/dining · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$535Klikely sale price

Listed at $549,000. Going by how homes in Don Valley Village and the wider GTA have actually closed against their asking prices (about 98%, 21 local closings in 90 days), the likely sale price is near $535K, if it sells. A realistic range is $504K to $579K.

Independent value check: $513K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $477K and $539K).

Why $513K. The typical condo sold in Don Valley Village over the past year went for about $530K (80 sales). What sets this one apart:

  • ▼ Lowers it stronglyIt is 700 to 799 sq ft; the typical home sold here is 900 to 999.

Longer on the market than typical. 67 days on the market against about 35 for homes like it here, and asking 7% above where comparable closings put it.

List price
$504KBelow recent closings$579KAbove recent closings

Total price vs nearby homes. Likely closing about $535K, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$476Kmedian sold price
98%of asking, on average
−15%prices vs a year ago
~22 dayshomes like this take to sell
67days on market so far
$2,668/moest. rent · 38 leases
5.8%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 18 condo apartment homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $732/sqft against an area asking average of $696/sqft.

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 and this building.

It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $486K. 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Georges Vanier Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($732/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 6 homes sold in this building over the past two years, from 168 closings in Don Valley Village.

Sold price trend

Median sold price for condos in Don Valley Village: $488K in September 2026, up 4% from a year ago, on 75 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$531K11
November 2025$490K8
December 2025$765K5
February 2026$510K8
March 2026$499K5
April 2026$576K6
May 2026$607K5
June 2026$688K10
August 2026$535K7
September 2026$488K10

Neighbourhood & location

Don Valley Village, 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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$543K
North St. James Town
$765K
Moss Park
$549K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K

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 Kingslake Public School
55%
Kingslake Public SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady of GuadalupeEQAO results not published
Also nearby: 12 more schools within 2.5 km
North East Secondary Alternative School · Public secondary0.4 km
Muirhead Public School · Public elementary0.6 km · 35% at standard
St Timothy Catholic School · Catholic elementary0.7 km · 80% at standard
Dallington Public School · Public elementary0.8 km · 44% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary0.9 km · 75% at standard
Forest Manor Public School · Public elementary1.0 km · 64% at standard
Lescon Public School · Public elementary1.0 km · 44% at standard
Brian Public School · Public elementary1.1 km · 70% at standard
Shaughnessy Public School · Public elementary1.2 km · 68% at standard
Pleasant View Middle School · Public elementary1.2 km · 78% at standard
Divine Mercy Catholic School · Catholic elementary1.3 km · 61% at standard
Seneca Hill Public School · Public elementary1.3 km · 92% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,502/mo
$120KIncome needed
4.6×Price ÷ income
$577Weekly cost
$14,910Land transfer tax, one-time (Ontario + Toronto)
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.

73%mortgage
Mortgage $2,502Property tax $231Condo fee $716Total carry $3,449

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,428per month

Mortgage amount $439,200 · 4.49% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,375Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,428
Property tax
$231
Condo / maintenance fees
$716
Heating
$0
Estimated monthly cost
$3,375

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,939/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

$289,324Total interest paid
$728,524Total of all payments
Principal $439,200 Interest $289,324
YearPrincipalInterestBalance
1$9,801$19,340$429,399
2$10,246$18,895$419,153
3$10,711$18,430$408,442
4$11,198$17,943$397,244
5$11,706$17,435$385,538
6$12,238$16,903$373,300
7$12,793$16,348$360,507
8$13,374$15,767$347,133
9$13,981$15,160$333,152
10$14,616$14,525$318,536
11$15,280$13,861$303,256
12$15,973$13,167$287,283
13$16,699$12,442$270,584
14$17,457$11,684$253,127
15$18,250$10,891$234,877
16$19,078$10,063$215,799
17$19,944$9,197$195,855
18$20,850$8,291$175,005
19$21,797$7,344$153,208
20$22,786$6,355$130,422
21$23,821$5,320$106,601
22$24,902$4,239$81,699
23$26,033$3,108$55,666
24$27,215$1,926$28,451
25$28,451$690$0

At the end of your 5-year term

Total paid over the term
$145,705
Principal paid down
$53,662
Interest paid
$92,043
Balance remaining
$385,538

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
From 38 whole-home leases in Don Valley Village$2,668/mo
$32,016Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,535 to $2,802Typical rent range
~27 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 38 whole-home leases in Don Valley Village signed at a median of $2,291 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,668. 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.

5.8%
Gross yield
− Property tax $2,768− Condo fees $8,596− Insurance $600− Vacancy & upkeep $3,522Net operating income $16,531

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NU STREAM REALTY (TORONTO) INC.. MLS®/PropTx.

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