61 Hobart Drive, Toronto, ON

Don Valley Village, Toronto · MLS® C13709052

$1,438,000
For Sale
Listed 18 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Welcome To This Beautiful Double-Garage Detached Home Featuring 4 Spacious Bedrooms And 4 Washrooms.
  • Freshly Painted Throughout, With Brand-New Hardwood Flooring On The Second Floor And A Newly Upgraded Staircase With Oak Stairs And Iron Pickets.
  • The Spacious Primary Bedroom Features A 4-Piece Ensuite And Walk-In Closet.
  • Fully Finished Basement Featuring A Spacious Room With A Window And Durable Vinyl Flooring(2025), Offering Excellent Additional Living Space.
  • Easy Access To Hwy 404, Hwy 401 And The DVP.

Welcome To This Beautiful Double-Garage Detached Home Featuring 4 Spacious Bedrooms And 4 Washrooms. Freshly Painted Throughout, With Brand-New Hardwood Flooring On The Second Floor And A Newly Upgraded Staircase With Oak Stairs And Iron Pickets. The Spacious Primary Bedroom Features A 4-Piece Ensuite And Walk-In Closet. Bright And Functional Kitchen With Stainless Steel Appliances. Fully Finished Basement Featuring A Spacious Room With A Window And Durable Vinyl Flooring(2025), Offering Excellent Additional Living Space.Conveniently Located Steps To Seneca College, Fairview Mall, Supermarkets, Peanut Plaza And The Library. Easy Access To Hwy 404, Hwy 401 And The DVP. Located In The Highly Sought-After Seneca Hill Public School District.

Key facts

Property type
Detached, 2-Storey
MLS®
C13709052
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2000-2500 sq ft
Lot
48.46 × 120 ft
Cross streets
Finch & Don Mills
Parking
2 garage · 4 parking (built-in)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$8,126 / 2026
Days on market
18
Listing brokerage
RE/MAX ATRIUM HOME REALTY

Rooms

BedroomBasement3.90 × 3.14 m

vinyl floor · window

Primary BedroomSecond5.50 × 3.80 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 3Second3.48 × 3.66 m

hardwood floor · window · closet

Living RoomBasement10.12 × 3.51 m

combined w/kitchen · breakfast bar

Living RoomMain6.10 × 3.70 m

Hardwood Floor

Dining RoomMain4.30 × 3.70 m

hardwood floor · wainscoting

Family RoomMain5.30 × 3.60 m

hardwood floor · w/o to pool · fireplace

KitchenMain4.10 × 3.50 m

stainless steel appl · pot lights · breakfast area

Bedroom 2Second3.99 × 3.35 m

hardwood floor · window · closet

Bedroom 4Second3.05 × 3.20 m

hardwood floor · window · closet

Our TakeTeam Asgarian · Broker
In line
$1.44Mest. value

Listed at $1,438,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.44M, typically $1.33M to $1.55M. Comparable closings on their own put this home around $1.44M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.47M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.33MBelow recent closings$1.55MAbove recent closings

Total price vs nearby homes. Fair value about $1.44M, median of 54 comparables.

The market behind the math:

20sold nearby · 90 days
$1.15Mmedian sold price
96%of asking, on average
−15%prices vs a year ago
~34 dayshomes like this take to sell
18days on market so far
$4,378/moest. rent · 21 leases
3.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.1 months of inventory: 7 detached homes for sale in the area against 20 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 $639/sqft against an area asking average of $694/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 54 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), 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 $1.47M, a close match.

What the listing highlights3 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

Its public catchment (Seneca Hill Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Based on 54 comparable homes that sold in Don Valley Village over the past two years, from 112 closings there.

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.

Wexford-Maryvale
$1.10M
Newtonbrook West
$1.70M
Clairlea-Birchmount
$833K
Centennial Scarborough
$1.14M
Birchcliffe-Cliffside
$1.25M

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 Seneca Hill Public School
92%
Seneca Hill Public SchoolPublic · Elementary · 0.1 km awayAmong the top in the GTA · 92% meet the provincial standard
Our Lady of GuadalupeEQAO results not published
Also nearby: 12 more schools within 2.5 km
Crestview Public School · Public elementary0.7 km · 69% at standard
Kingslake Public School · Public elementary0.8 km · 55% at standard
North East Secondary Alternative School · Public secondary0.9 km
Woodbine Middle School · Public elementary0.9 km · 45% at standard
Divine Mercy Catholic School · Catholic elementary0.9 km · 61% at standard
Hillmount Public School · Public elementary1.0 km · 89% at standard
Ernest Public School · Public elementary1.1 km · 63% at standard
Lescon Public School · Public elementary1.2 km · 44% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary1.2 km · 75% at standard
Cresthaven Public School · Public elementary1.3 km · 75% at standard
Cherokee Public School · Public elementary1.4 km · 62% at standard
Pleasant View Middle School · Public elementary1.4 km · 78% at standard

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

Affordability & Mortgage

Affordability
$6,554/mo
$275KIncome needed
5.2×Price ÷ income
$1,512Weekly cost
$50,470Land 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.

91%mortgage
Mortgage $6,554Property tax $677Total carry $7,231

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,202per month

Mortgage amount $1,150,400 · 4.24% over 25 years

$287,600Down payment (20.0%)
$1,150,400Loan before insurance
$0CMHC premium
$6,879Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,202
Property tax
$677
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,879

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

One-time closing costs

Ontario land transfer tax
$25,235
Toronto municipal land transfer tax
$25,235
Estimated closing costs
$50,470

Plus your down payment of $287,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,525/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

$710,181Total interest paid
$1,860,581Total of all payments
Principal $1,150,400 Interest $710,181
YearPrincipalInterestBalance
1$26,580$47,843$1,123,820
2$27,719$46,705$1,096,102
3$28,906$45,517$1,067,195
4$30,145$44,278$1,037,050
5$31,437$42,986$1,005,613
6$32,784$41,639$972,829
7$34,189$40,235$938,641
8$35,654$38,770$902,987
9$37,181$37,242$865,806
10$38,774$35,649$827,032
11$40,436$33,987$786,596
12$42,169$32,255$744,427
13$43,975$30,448$700,452
14$45,860$28,563$654,592
15$47,825$26,598$606,767
16$49,874$24,549$556,893
17$52,011$22,412$504,881
18$54,240$20,183$450,642
19$56,564$17,859$394,077
20$58,988$15,435$335,090
21$61,515$12,908$273,574
22$64,151$10,272$209,423
23$66,900$7,523$142,523
24$69,767$4,656$72,756
25$72,756$1,667$0

At the end of your 5-year term

Total paid over the term
$372,116
Principal paid down
$144,787
Interest paid
$227,329
Balance remaining
$1,005,613

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 21 whole-home leases in Don Valley Village$4,378/mo
$52,536Gross annual rent
2.6%Cap rate after taxes and upkeep
$3,960 to $4,695Typical rent range
~36 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 21 whole-home leases in Don Valley Village signed at a median of $3,909 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,378. 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.

3.7%
Gross yield
− Property tax $8,126− Insurance $1,400− Vacancy & upkeep $5,779Net operating income $37,231

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ATRIUM HOME REALTY. MLS®/PropTx.

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