111-55 Godstone Road, Toronto, ON

Don Valley Village, Toronto · MLS® C13857320

$499,000
For Sale
Listed 17 days agoNo offer date stated
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • This spacious and move-in-ready 3-bedroom, 2-bathroom townhouse is all about convenience, with an unbeatable North York location that makes it an excellent...
  • With Seneca College only a short 5 minute drive away, this is the perfect place for an investor looking .

This spacious and move-in-ready 3-bedroom, 2-bathroom townhouse is all about convenience, with an unbeatable North York location that makes it an excellent opportunity for both homeowners and investors. Only a few steps from Fairview Mall, Don Mills Station and close to multiple highways, this townhouse makes the perfect location for those looking for easy access around the city. With Seneca College only a short 5 minute drive away, this is the perfect place for an investor looking . Enjoy quick access to TTC, shopping, restaurants, schools, and major highways - this property has everything you need right at your doorstep. The home offers a bright and functional layout with an enclosed backyard - perfect for entertaining. The finished portion of basement can be transformed into whatever suits your needs - whether that's a home gym, office, recreation room with plenty of additional living space for storage. The property also includes one parking spot and access to visitor's parking. A rare opportunity to own in a location where convenience is truly the standout feature. Vacant and move-in ready, ideal for a first-time buyer or investor looking to take advantage of its benefits!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13857320
Bedrooms
3
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Don Mills Rd & Sheppard Ave E
Parking
1 garage (underground)
Basement
Partially Finished
Heating
Baseboard
A/C
None
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Maintenance
$720/mo
Exposure
South
Property tax
$2,319 / 2025
Days on market
17
Listing brokerage
EXP REALTY
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Georges Vanier Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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.

Bayview Village
$809K
St. Andrew-Windfields
$929K
Dorset Park
$671K
Victoria Village
$754K
Malvern
$646K

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 Kingslake Public School
55%
Kingslake Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady of GuadalupeEQAO results not published
Also nearby: 12 more schools within 2.5 km
North East Secondary Alternative School · Public secondary0.1 km
Lescon Public School · Public elementary0.8 km · 44% at standard
Seneca Hill Public School · Public elementary0.8 km · 92% at standard
Don Valley Middle School · Public elementary0.8 km · 87% at standard
Dallington Public School · Public elementary0.9 km · 44% at standard
Divine Mercy Catholic School · Catholic elementary0.9 km · 61% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary0.9 km · 75% at standard
St Timothy Catholic School · Catholic elementary1.0 km · 80% at standard
Muirhead Public School · Public elementary1.0 km · 35% at standard
Crestview Public School · Public elementary1.0 km · 69% at standard
Ernest Public School · Public elementary1.3 km · 63% at standard
Pleasant View Middle School · Public elementary1.3 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,274/mo
$110KIncome needed
4.5×Price ÷ income
$525Weekly cost
$12,910Land 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.

71%mortgage
Mortgage $2,274Property tax $193Condo fee $720Total carry $3,188

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)
$2,207per month

Mortgage amount $399,200 · 4.49% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,120Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$193
Condo / maintenance fees
$720
Heating
$0
Estimated monthly cost
$3,120

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,672/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

$262,974Total interest paid
$662,174Total of all payments
Principal $399,200 Interest $262,974
YearPrincipalInterestBalance
1$8,908$17,578$390,292
2$9,313$17,174$380,979
3$9,736$16,751$371,243
4$10,178$16,309$361,065
5$10,640$15,847$350,425
6$11,123$15,364$339,302
7$11,628$14,859$327,674
8$12,156$14,331$315,518
9$12,708$13,779$302,810
10$13,285$13,202$289,525
11$13,888$12,599$275,637
12$14,519$11,968$261,118
13$15,178$11,309$245,940
14$15,867$10,620$230,073
15$16,587$9,899$213,486
16$17,341$9,146$196,145
17$18,128$8,359$178,017
18$18,951$7,536$159,066
19$19,811$6,675$139,255
20$20,711$5,776$118,544
21$21,651$4,836$96,893
22$22,634$3,853$74,258
23$23,662$2,825$50,596
24$24,736$1,750$25,860
25$25,860$627$0

At the end of your 5-year term

Total paid over the term
$132,435
Principal paid down
$48,775
Interest paid
$83,660
Balance remaining
$350,425

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
Estimate$3,400/mo
$40,800Gross annual rent
5.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

8.2%
Gross yield
− Property tax $2,319− Condo fees $8,640− Insurance $600− Vacancy & upkeep $4,488Net operating income $24,753

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

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