253 Donlea Drive, Toronto, ON

Leaside, Toronto · MLS® C13755990

$1,695,000
For Sale
Just listed todayNo offer date stated
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4+1Bedrooms
3Bathrooms
1Garage · 2 parking
1500-2000Sq ft

About this home

In short

  • Ideally situated in sought-after North Leaside, this renovated four-bedroom home offers generous proportions, thoughtful functionality and exceptional space for...
  • A substantial rear addition enhances both the main and second levels, creating an expansive layout designed for modern family life.
  • A warm foyer with closet opens to the beautifully renovated main level, where white oak hardwood floors flow throughout.
  • At the heart of the home, the renovated kitchen features a generous island with Caesarstone countertops, an abundance of custom cabinetry and stainless steel appliances.
  • Ideally located near Serena Gundy Park, ravine trails, TTC, the Eglinton Crosstown LRT, top-ranked schools and the shops, cafés, restaurants and amenities of Bayview...

Ideally situated in sought-after North Leaside, this renovated four-bedroom home offers generous proportions, thoughtful functionality and exceptional space for family living. A substantial rear addition enhances both the main and second levels, creating an expansive layout designed for modern family life. A warm foyer with closet opens to the beautifully renovated main level, where white oak hardwood floors flow throughout. The spacious living room features crown moulding, a custom coffee bar and is open to the dining room, creating an inviting setting for entertaining and family gatherings. At the heart of the home, the renovated kitchen features a generous island with Caesarstone countertops, an abundance of custom cabinetry and stainless steel appliances. Beyond, the expansive south-facing family room is filled with natural light and features a gas fireplace, custom cabinetry and walkout to the professionally landscaped gardens. Upstairs, four well-proportioned bedrooms including a spacious primary bedroom overlooks the rear gardens with two double closets with organizers and access to a renovated three-piece bathroom with a separate glass-enclosed shower. Three additional bedrooms each with closet space, another renovated four piece bathroom and upstairs laundry complete the upper level. The finished lower level offers exceptional versatility with an additional bedroom, kitchen, living area, second laundry and ample storage, providing flexibility for a self-contained investment opportunity or an in-law suit with a separate and private entrance. Outside, landscaped gardens, a large deck with awning for outdoor dining and low-maintenance artificial turf create an inviting extension of the living space, while a detached garage provides parking and storage. Ideally located near Serena Gundy Park, ravine trails, TTC, the Eglinton Crosstown LRT, top-ranked schools and the shops, cafés, restaurants and amenities of Bayview and Eglinton.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
C13755990
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
25.17 × 135 ft
Cross streets
Brentcliffe
Parking
1 garage · 2 parking (detached)
Driveway
Mutual
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,256 / 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEA

Rooms

KitchenLower2.59 × 2.36 m

laminate · quartz counter · stainless steel appl

Bedroom 2Second3.56 × 3.35 m

hardwood floor · closet

KitchenMain3.71 × 2.54 m

hardwood floor · centre island · overlooks dining

LaundryLower6.40 × 4.72 m

concrete floor · laundry sink

Bedroom 5Lower3.12 × 2.49 m

laminate · pot lights · closet

Living RoomMain4.50 × 3.35 m

hardwood floor · crown moulding · breakfast bar

RecreationLower2.87 × 2.69 m

laminate · pot lights

Family RoomMain6.35 × 4.60 m

hardwood floor · gas fireplace · w/o to patio

Bedroom 4Second3.15 × 2.16 m

Hardwood Floor

Dining RoomMain3.68 × 2.79 m

hardwood floor · crown moulding · overlooks family

Bedroom 3Second3.18 × 2.87 m

hardwood floor · closet

Primary BedroomSecond4.65 × 3.07 m

hardwood floor · double closet · overlooks backyard

Our TakeTeam Asgarian · Broker
In line
$1.69Mest. value

Listed at $1,695,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.69M, typically $1.65M to $1.82M. Comparable closings on their own put this home around $1.67M, 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
$1.65MBelow recent closings$1.82MAbove recent closings

Total price vs nearby homes. Fair value about $1.69M, median of 5 comparables.

The market behind the math:

7sold nearby · 90 days
$1.49Mmedian sold price
106%of asking, on average
+3%prices vs a year ago
~14 dayshomes like this take to sell
$5,205/moest. rent · 6 leases
3.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.1 months of inventory: 5 semi-detached homes for sale in the area against 7 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 $969/sqft against an area asking average of $1,340/sqft. Size and $/sqft both feed the estimate above.

  • Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. In Leaside basements rarely rent out (0 of 27 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

I take the 5 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 bit lower.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Leaside High 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.

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

There were not many closely comparable homes right in Leaside, so I widened the search to the surrounding area.

Based on 7 homes sold on this street over the past two years, from 49 closings in Leaside.

What sellers nearby are askingCurrently listed nearby in Leaside · asking prices
$1.88Mavg asking

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 $1.67M, which is where my estimate comes from.

Per square foot, these ask about $1,336/sqft; this home lists at $969/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.70MThis home1.75M1.70M2.20MThis home vs active comparables

Neighbourhood & location

Leaside, 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.

Woodbine Corridor
$1.20M
South Riverdale
$1.11M
Annex
$1.89M
Kensington-Chinatown
$1.49M
Palmerston-Little Italy
$1.74M

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 Northlea Elementary and Middle School
84%
Northlea Elementary and Middle SchoolPublic · Elementary · 0.7 km awayHigher-rated than most nearby · 84% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Bessborough Drive Elementary and Middle School · Public elementary1.2 km · 89% at standard
Park Lane Public School · Public elementary1.6 km
Fraser Mustard Early Learning Academy · Public elementary1.7 km
Rolph Road Elementary School · Public elementary1.8 km · 88% at standard
Thorncliffe Park Public School · Public elementary1.8 km · 33% at standard
Maurice Cody Junior Public School · Public elementary1.8 km · 90% at standard
St Bonaventure Catholic School · Catholic elementary2.0 km · 84% at standard
Valley Park Middle School · Public elementary2.1 km · 51% at standard
Marc Garneau Collegiate Institute · Public secondary2.2 km · 53% at standard
Sunny View Junior and Senior Public School · Public elementary2.2 km
Grenoble Public School · Public elementary2.2 km · 37% at standard
Blythwood Junior Public School · Public elementary2.4 km · 88% at standard

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

Affordability & Mortgage

Affordability
$7,725/mo
$319KIncome needed
5.3×Price ÷ income
$1,783Weekly cost
$60,750Land 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.

92%mortgage
Mortgage $7,725Property tax $688Total carry $8,413

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 8, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,310per month

Mortgage amount $1,356,000 · 4.24% over 25 years

$339,000Down payment (20.0%)
$1,356,000Loan before insurance
$0CMHC premium
$7,998Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,310
Property tax
$688
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,998

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

One-time closing costs

Ontario land transfer tax
$30,375
Toronto municipal land transfer tax
$30,375
Estimated closing costs
$60,750

Plus your down payment of $339,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$8,870/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

$837,104Total interest paid
$2,193,104Total of all payments
Principal $1,356,000 Interest $837,104
YearPrincipalInterestBalance
1$31,330$56,394$1,324,670
2$32,673$55,052$1,291,997
3$34,073$53,652$1,257,925
4$35,533$52,192$1,222,392
5$37,055$50,669$1,185,337
6$38,643$49,081$1,146,694
7$40,299$47,425$1,106,395
8$42,026$45,699$1,064,370
9$43,826$43,898$1,020,543
10$45,704$42,020$974,839
11$47,663$40,062$927,176
12$49,705$38,019$877,471
13$51,835$35,889$825,637
14$54,056$33,668$771,581
15$56,372$31,352$715,208
16$58,788$28,936$656,421
17$61,307$26,417$595,114
18$63,934$23,791$531,180
19$66,673$21,051$464,507
20$69,530$18,194$394,977
21$72,509$15,215$322,468
22$75,616$12,108$246,851
23$78,857$8,868$167,995
24$82,235$5,489$85,759
25$85,759$1,965$0

At the end of your 5-year term

Total paid over the term
$438,621
Principal paid down
$170,663
Interest paid
$267,958
Balance remaining
$1,185,337

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 Leaside$5,205/mo
$62,460Gross annual rent
2.7%Cap rate after taxes and upkeep
$4,747 to $6,443Typical rent range

About the suite: in Leaside basements rarely rent out (0 of 27 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 Leaside signed at a median of $4,889 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,205. 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 $8,256− Insurance $1,400− Vacancy & upkeep $6,871Net operating income $45,933

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEA. MLS®/PropTx.

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