115-255 The Donway
Banbury-Don Mills, Toronto, Ontario M3B 3M3
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $452at the range’s middle
- Tax a year
- $3,6622026 tax year
- Parking
- 22 underground
- Days on market
- Members
The brief
About 115-255 The Donway
115-255 The Donway is a 2-bedroom, 2-bathroom condo in Banbury-Don Mills, Toronto, listed for sale at an asking price of $588,000 (MLS® C14116830).
GROUND FLOOR SUITE | 1,376 SQFT, DESIRABLE LAYOUT | 2 BEDROOMS, 2 BATHROOMS | 2 OWNED PARKING SPOTS, 1 OWNED LOCKER. Bright kitchen with ample cabinetry, built-in desk, and a breakfast nook framed by a large window. Relax in the spacious open-concept living room/dining area, highlighted by the impressive wall-to-wall window. The grand primary suite serves as a private retreat, complete with a 4-piece ensuite w/jacuzzi (as is), a dressing table nook, and a huge walk-in closet. In-unit laundry, laminate flooring, no broadloom. The maintenance fee includes cable and internet. 2 owned underground premium parking spots steps from the elevator, and 1 good-size owned locker. Visitor parking. Self-serve car wash. Magnificent grounds featuring waterfalls, fountains, flowerbeds, and a garden pavilion party room. Unmatched lifestyle only steps from shopping, dining, VIP cinema, bank, and special events at the vibrant Shops of Don Mills. Catch the bus downtown or walk the tranquil pathways of Edwards Gardens. Perfect for downsizers or anyone seeking a peaceful, low-maintenance lifestyle. Come and experience comfortable everyday living. Please note that some photos have been virtually furnished and staged.
Insights
Condition Score
Fair54/100Listing notes possible renovation needs
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall21/100−$1,576/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 28 condos with 2 bedrooms for lease in Banbury-Don Mills right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,662 / 2026
- MLS® number
- C14116830
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Banbury-Don Mills
- Municipality
- Toronto
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Ground, 1 × 4pc Ground
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Kenmore Fridge/Freezer, Kenmore Stove, Maytag Dishwasher, Danby Washer, Inglis Dryer, All Electric Light Fixtures, Ceiling Fan, All Blinds
- Condo maint.
- $1,088
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.62 × 5.12 m | Eat-In Kitchen, B/I Desk, Window | Ground |
| Dining | 6.46 × 6.03 m | Combined W/Living, Ceiling Fan, Large Window | Ground |
| Living | 6.46 × 6.03 m | Combined W/Dining, Ceiling Fan, Large Window | Ground |
| Primary | 3.38 × 5.21 m | W/I Closet, 4 Pc Ensuite, Large Window | Ground |
| Br | 3.62 × 2.77 m | Closet, Vinyl Floor, Large Window | Ground |
Listing history
Buy/sell history for 115-255 The Donway, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $588,000 | N/A | For Sale | C14116830 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $117,600
- Total mortgage amount
- $470,400
- Total interest payment
- $334,500
- Total purchase cost
- $922,500
- Mortgage payment
- $2,683/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
67%Monthly carrying cost
$4,076- Rent $2,500
- Shortfall $1,576
Rental income opens at $2,500, the median asking rent of 28 comparable homes for lease in Banbury-Don Mills. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,235
- Toronto municipal land transfer tax
- $8,235
- Total land transfer tax
- $16,470
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $7,995
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $588,000
- $3,760
- Ontario total
- $8,235
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,235.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (f21.0; a835) (x367)By-law
569-2013Municipality
Toronto1 f21.0
Frontage: at least 21.0 m.
2 a835
Lot area: at least 835 m² per dwelling unit.
3 x367
Site-specific exception 367: this site has rules of its own, written in the by-law.
4 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(367)
5 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Garage Repair/ReconstructionPermit Issued
Isolated restoration and protection of the undergroud parking garage roof deck
Issued July 31, 2023
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
240 THE DONWAY WSite planUnder Review
The Site Plan application proposes the development of a six (6)-storey apartment building with a place of worship on the ground floor. The existing place of worship buildings will be demolished. An Options for Homes development.
110 m away230 THE DONWAY WSite planUnder Review
The Site Plan application proposes the development of a six (6)-storey apartment building with a place of worship on the ground floor. The existing place of worship buildings will be demolished. An Options for Homes development.
160 m away895 LAWRENCE AVE EOfficial plan or zoning amendmentOMB Appeal
Proposal containing two residential buildings, of which one will contain retail on the ground floor. One building contains a 26-storey (87.2 metres) tower, sitting on an eight storey base building facing. The second building contains a 29-storey tower (94.9 metres), sitting on an eight storey base building. The second building also has a 14-storey (52.4 metres) mid-rise component facing The Donway West. The proposed development will provide a total of 1,022 residential units, 67,595.1 sqm of GFA and 697.35 of retail GFA. A Privately-Owned Publically Accessible Space is proposed facing The Donway West.
470 m away169 THE DONWAY WSite planUnder Review
Proposal for a 28 storey mixed use tower and podium, a community space, a publicly accessible open space and proposed park. The development will include 570 dwelling units. A total of 446 parking spaces will be provided, which includes 401residential spaces, 40 community space and residential visitor spaces and 5 car-share spaces. The residential GFA will be 40,896 m2and the nonresidential GFA (community space) will be 1,780 m2.
550 m away1053 DON MILLS RDOfficial plan or zoning amendmentOMB Appeal
Zoning By-law Amendment and Draft Plan of Subdivision applications to permit four residential buildings ranging in height from 12 to 29 storeys. The proposal also includes a new public park and a new public street.
780 m away1053 DON MILLS RDSite planUnder Review
780 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Banbury-Don Mills right now
- For sale now
- 86
- Median asking price
- $599K
- New in 7 days
- 6
- Price cuts
- 23%
Middle half: $499K to $780K
30 in 28 days
20 listings
This home is asking 2% below the median.
See all homes in Banbury-Don MillsAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Don Valley Station | TTC light rail: Line 5 Eglinton | 2.1 km |
| Aga Khan Park & Museum Station | TTC light rail: Line 5 Eglinton | 2.2 km |
| Wynford Station | TTC light rail: Line 5 Eglinton | 2.3 km |
| Oriole GO | GO Transit train: Richmond Hill | 3.2 km |
| Leslie Station | TTC subway: Line 4 Sheppard | 3.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Norman Ingram Public SchoolToronto DSB | Public · grades JK–5 | 300 m | 65%Grade 3 average |
| Greenland Public SchoolToronto DSB | Public · grades JK–5 | 900 m | 71%Grade 3 average |
| St Bonaventure Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.1 km | 81%Grade 6 average |
| École élémentaire Jeanne-LajoieConseil scolaire Viamonde | French-language public · grades JK–6 | 2.1 km | 91%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Don Mills Collegiate InstituteToronto DSB | Public · grades 9–12 | 700 m | 54%Grade 9 math |
| École secondaire Étienne-BrûléConseil scolaire Viamonde | French-language public · grades 9–12 | 2.5 km | 77%Grade 9 math |
| York Mills Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.6 km | 81%Grade 9 math |
| Senator O'Connor College SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.6 km | 64%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Banbury-Don Mills are shown to signed-in members.