215-188 Fairview Mall Drive, Toronto, ON

Don Valley Village, Toronto · MLS® C13884954

$388,000
For Sale
Listed 9 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this 2-bedroom, 2-bathroom corner unit at Verde Condos, offering a bright and spacious open-concept layout filled with natural light.
  • Ideally positioned adjacent to Fairview Mall, T&T Supermarket, Cineplex, restaurants, banks, steps to Don Mills Subway Station and public transit.
  • Enjoy seamless connectivity with easy access to the 404, 401, and DVP, making travel throughout the GTA effortless.

Welcome to this 2-bedroom, 2-bathroom corner unit at Verde Condos, offering a bright and spacious open-concept layout filled with natural light. Enjoy added privacy and seamless outdoor living with two private balconies perfect for relaxing or entertaining. Ideally positioned adjacent to Fairview Mall, T&T Supermarket, Cineplex, restaurants, banks, steps to Don Mills Subway Station and public transit. This residence places the best of shopping, dining, and city conveniences at your doorstep. Enjoy seamless connectivity with easy access to the 404, 401, and DVP, making travel throughout the GTA effortless.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13884954
Bedrooms
2
Bathrooms
2
Size
600-699 sq ft
Cross streets
Don Mills & Sheppard Ave E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$579/mo
Exposure
North East
Property tax
$3,046 / 2026
Days on market
9
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

KitchenFlat5.41 × 3.15 m

combined w/living · stainless steel appl · laminate

Bedroom 2Flat3.20 × 2.74 m

large window · closet · laminate

Dining RoomFlat5.41 × 3.15 m

combined w/kitchen · open concept · laminate

Living RoomFlat5.41 × 3.15 m

combined w/dining · w/o to balcony · laminate

Primary BedroomFlat3.30 × 2.74 m

4 pc ensuite · w/o to balcony · laminate

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.

What sellers nearby are askingCurrently listed nearby in Don Valley Village · asking prices
$504kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $672/sqft; this home lists at $597/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
388kThis home549k435k528kThis home vs active comparables

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
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Dovercourt-Wallace Emerson-Junction
$640K

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 · 0.6 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
Muirhead Public School · Public elementary0.4 km · 35% at standard
St Kateri Tekakwitha Catholic School · Catholic elementary0.6 km · 75% at standard
North East Secondary Alternative School · Public secondary0.6 km
Brian Public School · Public elementary0.8 km · 70% at standard
Pleasant View Middle School · Public elementary1.0 km · 78% at standard
St Timothy Catholic School · Catholic elementary1.0 km · 80% at standard
Forest Manor Public School · Public elementary1.1 km · 64% at standard
Dallington Public School · Public elementary1.1 km · 44% at standard
St Gerald Catholic School · Catholic elementary1.2 km · 67% at standard
Ernest Public School · Public elementary1.2 km · 63% at standard
Lescon Public School · Public elementary1.3 km · 44% at standard
Seneca Hill Public School · Public elementary1.3 km · 92% at standard

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

Affordability & Mortgage

Affordability
$1,768/mo
$90KIncome needed
4.3×Price ÷ income
$408Weekly cost
$8,590Land 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.

68%mortgage
Mortgage $1,768Property tax $254Condo fee $579Total carry $2,601

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)
$1,716per month

Mortgage amount $310,400 · 4.49% over 25 years

$77,600Down payment (20.0%)
$310,400Loan before insurance
$0CMHC premium
$2,549Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,716
Property tax
$254
Condo / maintenance fees
$579
Heating
$0
Estimated monthly cost
$2,549

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

One-time closing costs

Ontario land transfer tax
$4,295
Toronto municipal land transfer tax
$4,295
Estimated closing costs
$8,590

Plus your down payment of $77,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,077/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

$204,476Total interest paid
$514,876Total of all payments
Principal $310,400 Interest $204,476
YearPrincipalInterestBalance
1$6,927$13,668$303,473
2$7,241$13,354$296,232
3$7,570$13,025$288,662
4$7,914$12,681$280,748
5$8,273$12,322$272,475
6$8,649$11,946$263,826
7$9,041$11,554$254,785
8$9,452$11,143$245,333
9$9,881$10,714$235,452
10$10,330$10,265$225,122
11$10,799$9,796$214,323
12$11,289$9,306$203,034
13$11,802$8,793$191,232
14$12,337$8,258$178,895
15$12,898$7,697$165,997
16$13,483$7,112$152,514
17$14,095$6,500$138,418
18$14,735$5,860$123,683
19$15,405$5,191$108,278
20$16,104$4,491$92,174
21$16,835$3,760$75,339
22$17,600$2,996$57,740
23$18,399$2,196$39,341
24$19,234$1,361$20,107
25$20,107$488$0

At the end of your 5-year term

Total paid over the term
$102,975
Principal paid down
$37,925
Interest paid
$65,050
Balance remaining
$272,475

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$2,050/mo
$24,600Gross annual rent
2.9%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.

6.3%
Gross yield
− Property tax $3,046− Condo fees $6,948− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,300

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

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