228-4005 Don Mills Road, Toronto, ON

Hillcrest Village, Toronto · MLS® C13685980

$489,000
For Sale
Listed 62 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
2Garage
1200-1399Sq ft

About this home

In short

  • Welcome To A 2 Parking Spots Tridel Built Family Oriented Bright and Spacious 2+1 2-Story Condo Townhome In Prime Location.
  • The Building Has an Indoor Swimming Pool, Gym, Sauna, etc.
  • A Quiet Neighborhood Surrounded By Top Ranked Elementary & Secondary Schools W/ Easy Access To HWY 404/407/401, Parks.
  • Newer windows (2020),Upgrades (2019-2025) include: some new paints, bathrooms & kitchen countertops, washer & dryer, 2 toilets, etc.

Welcome To A 2 Parking Spots Tridel Built Family Oriented Bright and Spacious 2+1 2-Story Condo Townhome In Prime Location! All Utilities & Cable TV Included In Maintenance Fee. The Building Has an Indoor Swimming Pool, Gym, Sauna, etc. A Quiet Neighborhood Surrounded By Top Ranked Elementary & Secondary Schools W/ Easy Access To HWY 404/407/401, Parks. Close To Shopping Centers, Supermarket, Restaurants, Seneca & Transit TTC Bus Stop & More. Newer windows (2020),Upgrades (2019-2025) include: some new paints, bathrooms & kitchen countertops, washer & dryer, 2 toilets, etc. Come and see to appreciate it.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13685980
Bedrooms
2+1 (3 total)
Bathrooms
2 (1 half)
Size
1200-1399 sq ft
Cross streets
Steeles & Don Mills
Parking
2 garage (underground)
Basement
None
Heating
Other
A/C
Other
Exterior
Brick
Maintenance
$1,002/mo
Exposure
East
Property tax
$2,455 / 2026
Days on market
62
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Living RoomMain5.99 × 5.57 m

combined w/dining · w/o to balcony

Bedroom 2Second4.40 × 2.92 m

closet · window

KitchenMain4.57 × 2.50 m

eat-in kitchen · ceramic floor

LaundryMain0.00 × 0.00 m

B/I Shelves

DenSecond2.94 × 2.35 m
Dining RoomMain0.00 × 3.42 m

combined w/living · window

Primary BedroomSecond5.00 × 2.97 m

semi ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$476Klikely sale price

Listed at $489,000. Going by how homes in Hillcrest Village and the wider GTA have actually closed against their asking prices (about 97%, 17 local closings in 90 days), the likely sale price is near $476K, if it sells. A realistic range is $448K to $515K.

Independent value check: $487K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $454K and $512K).

Why $487K. The typical townhouse sold in Hillcrest Village over the past year went for about $732K (40 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,455 a year; the typical home sold here pays about $3,400.
  • ▼ Lowers itIt is 1,200 to 1,399 sq ft; the typical home sold here is 1,300 to 1,499.
  • ▼ Lowers itIts maintenance fee is $1,002 a month; the typical unit sold here pays about $600.
List price
$448KBelow recent closings$515KAbove recent closings

Total price vs nearby homes. Likely closing about $476K, from 17 recent closings in this pocket.

The market behind the math:

17sold nearby · 90 days
$658Kmedian sold price
97%of asking, on average
−9%prices vs a year ago
~25 dayshomes like this take to sell
62days on market so far
$2,882/moest. rent · 6 leases
7.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.9 months of inventory: 5 condo townhouse homes for sale in the area against 17 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 $376/sqft against an area asking average of $543/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 17 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $510K. 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.

  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Arbor Glen Public School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Hillcrest Village, from 81 closings in Hillcrest Village.

What sellers nearby are askingCurrently listed nearby in Hillcrest Village · asking prices
$682kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $487K, which is where my estimate comes from.

Per square foot, these ask about $543/sqft; this home lists at $376/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
489kThis home629k675k678k649k778kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

Hillcrest 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.

St. Andrew-Windfields
$929K
Dorset Park
$671K
Victoria Village
$754K
Malvern
$646K
Downsview-Roding-CFB
$699K

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 Arbor Glen Public School
98%
Arbor Glen Public SchoolPublic · Elementary · 0.4 km awayAmong the top in the GTA · 98% meet the provincial standard
St. MatthiasEQAO results not published
Also nearby: 11 more schools within 2.5 km
Msgr Fraser College (Northeast) · Catholic secondary0.5 km
Cliffwood Public School · Public elementary0.5 km · 93% at standard
Hillmount Public School · Public elementary1.5 km · 89% at standard
Cresthaven Public School · Public elementary1.6 km · 75% at standard
Zion Heights Middle School · Public elementary1.7 km · 93% at standard
Pineway Public School · Public elementary2.0 km · 48% at standard
Cherokee Public School · Public elementary2.2 km · 62% at standard
Steelesview Public School · Public elementary2.3 km · 85% at standard
Seneca Hill Public School · Public elementary2.4 km · 92% at standard
Our Lady of Guadalupe Catholic School · Catholic elementary2.4 km
Don Valley Middle School · Public elementary2.4 km · 87% at standard

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

Affordability & Mortgage

Affordability
$2,229/mo
$114KIncome needed
4.3×Price ÷ income
$514Weekly cost
$12,510Land 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.

65%mortgage
Mortgage $2,229Property tax $205Condo fee $1,002Total carry $3,435

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,163per month

Mortgage amount $391,200 · 4.49% over 25 years

$97,800Down payment (20.0%)
$391,200Loan before insurance
$0CMHC premium
$3,370Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,163
Property tax
$205
Condo / maintenance fees
$1,002
Heating
$0
Estimated monthly cost
$3,370

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

One-time closing costs

Ontario land transfer tax
$6,255
Toronto municipal land transfer tax
$6,255
Estimated closing costs
$12,510

Plus your down payment of $97,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,618/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

$257,704Total interest paid
$648,904Total of all payments
Principal $391,200 Interest $257,704
YearPrincipalInterestBalance
1$8,730$17,226$382,470
2$9,126$16,830$373,344
3$9,541$16,415$363,803
4$9,974$15,982$353,829
5$10,427$15,529$343,403
6$10,900$15,056$332,502
7$11,395$14,561$321,107
8$11,912$14,044$309,195
9$12,453$13,503$296,742
10$13,019$12,937$283,723
11$13,610$12,346$270,113
12$14,228$11,728$255,886
13$14,874$11,082$241,012
14$15,549$10,407$225,463
15$16,255$9,701$209,208
16$16,993$8,963$192,215
17$17,765$8,191$174,450
18$18,571$7,385$155,879
19$19,414$6,542$136,464
20$20,296$5,660$116,168
21$21,217$4,739$94,951
22$22,181$3,775$72,770
23$23,188$2,768$49,582
24$24,241$1,715$25,341
25$25,341$615$0

At the end of your 5-year term

Total paid over the term
$129,781
Principal paid down
$47,797
Interest paid
$81,983
Balance remaining
$343,403

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 6 whole-home leases in Hillcrest Village$2,882/mo
$34,584Gross annual rent
3.2%Cap rate after taxes and upkeep
$2,651 to $3,112Typical rent range
~32 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 6 whole-home leases in Hillcrest Village signed at a median of $2,947 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,882. 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.

7.1%
Gross yield
− Property tax $2,455− Condo fees $12,024− Insurance $600− Vacancy & upkeep $3,804Net operating income $15,701

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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