3 Greengate Road, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13839960
About this home
In short
- Attention builders, developers and investors.
- Rarely offered, bungalow detached home with new paint - move right in, or take advantage of the exceptional potential to renovate, reimagine, or build your dream home...
- The finished basement with separate entrance features two bedrooms, one bathroom, walkup to backyard - ideal for in-law suite or future rental potential.
- Situated within steps to many nearby parks, ravines & trails, minutes from Hwy 404 & 401,Shops at Don Mills, Don Mills trails.
- Close to renowned private schools (including TFS, Havergal, Crestwood, Crescent & UCC), private clubs (Rosedale Golf Club, Granite Club, and Donalda Golf Club) and...
Attention builders, developers and investors! One of very few homes backing directly onto Rippleton Park. Don't miss this warm and inviting family home in the highly desirable Banbury-Don Mills neighbourhood! Rarely offered, bungalow detached home with new paint - move right in, or take advantage of the exceptional potential to renovate, reimagine, or build your dream home on this premium 70 x 110 ft lot! Detached garage plus parking for 4. This spacious home boasts a very functional layout with generous principal rooms - perfect for entertaining. A functional galley kitchen with large living and dining room with wood-burning fireplace, overlooking backyard & park, laminate flooring throughout. The finished basement with separate entrance features two bedrooms, one bathroom, walkup to backyard - ideal for in-law suite or future rental potential. The mature treed lot features an oversized backyard stepped out to the park! Situated within steps to many nearby parks, ravines & trails, minutes from Hwy 404 & 401,Shops at Don Mills, Don Mills trails. The location also offers access to top-rated schools, including Rippleton Public School and York Mills Collegiate Institute. Close to renowned private schools (including TFS, Havergal, Crestwood, Crescent & UCC), private clubs (Rosedale Golf Club, Granite Club, and Donalda Golf Club) and botanical garden (Edwards Gardens). And the very best that York Mills has to offer!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13839960
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 70 × 110.11 ft
- Cross streets
- Leslie/Lawrence
- Parking
- 1 garage · 4 parking (detached)
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,210 / 2025
- Listing brokerage
- RE/MAX REALTRON BARRY COHEN HOMES INC.
Listed at $2,280,000. Going by how homes in Banbury-Don Mills and the wider GTA have actually closed against their asking prices (about 96%, 21 local closings in 90 days), the likely sale price is near $2.19M, if it sells. A realistic range is $2.05M to $2.47M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $2.19M, from 21 recent closings in this pocket.
The market behind the math:
About 1 months of inventory: 7 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,754/sqft against an area asking average of $1,297/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Banbury-Don Mills basements rarely rent out (7 of 155 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.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
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.
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 $1.61M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
Schools & getting aroundcatchment and transit
Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 21 comparable homes that sold in Banbury-Don Mills over the past two years, from 167 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.73M, which is where my estimate comes from.
Per square foot, these ask about $1,368/sqft; this home lists at $1,754/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 active listings nearby.
See all comparable homesNeighbourhood & location
Banbury-Don Mills, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 8 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $1,824,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10,085
- Property tax
- $851
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,936
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $43,475
- Toronto municipal land transfer tax
- $43,475
- Estimated closing costs
- $86,950
Plus your down payment of $456,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $605,113
- Principal paid down
- $222,859
- Interest paid
- $382,253
- Balance remaining
- $1,601,141
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.
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
About the suite: in Banbury-Don Mills basements rarely rent out (7 of 155 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 numbersThe last 47 whole-home leases in Banbury-Don Mills signed at a median of $4,176 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,971. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON BARRY COHEN HOMES INC.. MLS®/PropTx.