37B Green Belt Drive, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13752434

$1,250,000
For Sale
Listed 5 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage · 3 parking
1500-2000Sq ft

About this home

In short

  • Fabulous & Luxurious Freehold Townhome Offering around 1,898 Sq Ft of Beautiful Open-Concept Living Space.
  • Enjoy a spa-inspired primary ensuite withglass rain shower and dedicated makeup counter.
  • The versatile 4th bedroom on the lower level features an additional3-piece bathroom and separate garage entry.

Fabulous & Luxurious Freehold Townhome Offering around 1,898 Sq Ft of Beautiful Open-Concept Living Space! Featuring with a modern eat-in kitchen with custom cabinetry, stone countertops, stylish backsplash, and walk-out to a private patio. Enjoy a spa-inspired primary ensuite withglass rain shower and dedicated makeup counter. Pot lights and crown moulding throughout add elegance to the home. The versatile 4th bedroom on the lower level features an additional3-piece bathroom and separate garage entry. Prime location just steps to the LRT and Shops at Don Mills. A perfect family home in a highly convenient neighbourhood!

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13752434
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
13.22 × 77.49 ft
Cross streets
Don Mills & Eglinton
Parking
1 garage · 3 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Other
Roof
Shingles
Sewer
Sewer
Property tax
$6,400 / 2026
Days on market
5
Listing brokerage
KW Living Realty

Rooms

BathroomThird1.62 × 3.69 m

3 pc ensuite · updated

BathroomSecond1.25 × 2.17 m

4 pc ensuite · updated

Primary BedroomThird6.74 × 3.75 m

hardwood floor · b/i closet

Bedroom 2Basement4.51 × 3.78 m

hardwood floor · closet

RecreationBasement3.81 × 3.72 m

laminate · w/o to garage · b/i closet

Living RoomMain10.09 × 3.78 m

open concept · hardwood floor · combined w/dining

Family RoomSecond5.30 × 3.78 m

hardwood floor · pot lights

Dining RoomMain10.09 × 3.78 m

open concept · hardwood floor · combined w/living

KitchenMain4.45 × 3.78 m

quartz counter · stainless steel appl · w/o to yard

BedroomThird4.33 × 3.78 m

hardwood floor · closet

Our TakeTeam Asgarian · Broker
In line
$1.21Mest. value

Listed at $1,250,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.21M, typically $1.16M to $1.38M. Comparable closings on their own put this home around $1.13M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $1.20M. 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
$1.16MBelow recent closings$1.38MAbove recent closings

Total price vs nearby homes. Fair value about $1.21M, median of 16 comparables.

The market behind the math:

4sold nearby · 90 days
5days on market so far
$3,996/moest. rent · 21 leases
3.8%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $714/sqft against an area asking average of $727/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 16 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 $1.20M, 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Greenland Public 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

There were not many closely comparable homes right in Banbury-Don Mills, so I widened the search to the surrounding area.

Based on 16 comparable homes that sold in Banbury-Don Mills over the past two years, from 20 closings there.

Neighbourhood & location

Banbury-Don Mills, 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.

Victoria Village
$970K
Clairlea-Birchmount
$850K
Greenwood-Coxwell
$1.15M
Cabbagetown-South St. James Town
$1.85M
L'Amoreaux
$730K

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 Greenland Public School
71%
Greenland Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 71% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Norman Ingram Public School · Public elementary1.5 km · 65% at standard
St Catherine Catholic School · Catholic elementary1.6 km · 57% at standard
Grenoble Public School · Public elementary1.7 km · 37% at standard
Victoria Village Public School · Public elementary1.9 km · 43% at standard
Milne Valley Middle School · Public elementary2.1 km · 61% at standard
St John XXIII Catholic School · Catholic elementary2.1 km · 67% at standard
Sloane Public School · Public elementary2.1 km · 65% at standard
Cassandra Public School · Public elementary2.1 km · 59% at standard
Gateway Public School · Public elementary2.1 km · 54% at standard
Valley Park Middle School · Public elementary2.2 km · 51% at standard
Rippleton Public School · Public elementary2.3 km · 75% at standard
Three Valleys Public School · Public elementary2.3 km · 71% at standard

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

Affordability & Mortgage

Affordability
$5,697/mo
$237KIncome needed
5.3×Price ÷ income
$1,315Weekly cost
$42,950Land 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 $5,697Property tax $533Total carry $6,230

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)
$5,391per month

Mortgage amount $1,000,000 · 4.24% over 25 years

$250,000Down payment (20.0%)
$1,000,000Loan before insurance
$0CMHC premium
$5,924Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,391
Property tax
$533
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,924

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

One-time closing costs

Ontario land transfer tax
$21,475
Toronto municipal land transfer tax
$21,475
Estimated closing costs
$42,950

Plus your down payment of $250,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$6,541/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

$617,334Total interest paid
$1,617,334Total of all payments
Principal $1,000,000 Interest $617,334
YearPrincipalInterestBalance
1$23,105$41,589$976,895
2$24,095$40,599$952,800
3$25,127$39,566$927,673
4$26,204$38,489$901,469
5$27,327$37,367$874,142
6$28,498$36,196$845,644
7$29,719$34,974$815,926
8$30,992$33,701$784,933
9$32,320$32,373$752,613
10$33,705$30,988$718,908
11$35,149$29,544$683,758
12$36,656$28,038$647,103
13$38,226$26,467$608,877
14$39,864$24,829$569,012
15$41,572$23,121$527,440
16$43,354$21,340$484,086
17$45,211$19,482$438,875
18$47,149$17,545$391,726
19$49,169$15,524$342,557
20$51,276$13,417$291,281
21$53,473$11,220$237,808
22$55,764$8,929$182,044
23$58,154$6,540$123,890
24$60,646$4,048$63,244
25$63,244$1,449$0

At the end of your 5-year term

Total paid over the term
$323,467
Principal paid down
$125,858
Interest paid
$197,609
Balance remaining
$874,142

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 Banbury-Don Mills$3,996/mo
$47,952Gross annual rent
2.8%Cap rate after taxes and upkeep
$3,707 to $4,294Typical rent range
~24 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 Banbury-Don Mills signed at a median of $4,071 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,996. 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.

3.8%
Gross yield
− Property tax $6,400− Insurance $1,400− Vacancy & upkeep $5,275Net operating income $34,877

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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