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$640K · 2 bed Condo Apartment · Banbury-Don Mills, Toronto | MyPropertyScout

$640,000

Unit 112

22OwnerOccupied

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$640,000

C●●●○○

Unit 112

245 The Don Way · Toronto · Ontario M3B 3M2

MLS® C13012088 · Banbury-Don Mills · M3B 3M2

22OwnerOccupied1200-1399 ft²Condo Apartment1-car Underground$492/ft²$3,001 tax/yr

3% above market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Beautiful And Spacious Two-Bedroom, Two-Bathroom Suite Located In The Desirable Village Mews. Nestled In The Heart Of Don Mills And Lawrence, This Sun-Filled Unit Features Wall-To-Wall Windows In The Living/Dining Room And The 2 Bedrooms, Offering An Abundance Of Natural Light Throughout.Enjoy A Bright And Welcoming Living And Dining Area, Ideal For Entertaining. The Large Kitchen Provides Ample Space For Cooking And Storage, While The Generous Primary Bedroom Boasts An Oversized Walk-In Closet…

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Property details

MLS#: C13012088
Status: Buy Now
Beds: 2
Baths: 2 full, 0 half
Size: 1200-1399
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 671
Balcony: None
Locker: None
Association amenities: Bike Storage, Car Wash, Elevator, Party Room/Meeting Room, Visitor Parking
Fees include: Common Elements Included, Building Insurance Included, Water Included, Parking Included, Cable TV Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Don Mills & Lawrence
Basement: None
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Underground

Rooms

Level	Room	Dimensions
Main	Living Room	5m × 5.9m
Main	Primary Bedroom	3.65m × 5.1m
Main	Bedroom 2	3.1m × 3.5m
Main	Kitchen	3.1m × 3.1m
Main	Bathroom	1.5m × 3m
Main	Bathroom	3.5m × 3.7m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: HOMELIFE/FUTURE REALTY INC.

Source: TRREB/PROPTX · MLS® C13012088

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$640K

Unit 112 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $640,000✓ $3,001 tax✓ Electric✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,654/mo

incl. closing costs (yr 1)

Annual total

$67,854

year 1

Mortgage only

$2,428/mo

principal + interest

Beyond mortgage

$1,995/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$128,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$250/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,300 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$6,400/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$76/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$9,275

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $29,136/yr

Property taxes18% $12,276/yr

Utilities4% $2,460/yr

Insurance & security2% $1,600/yr

Maintenance9% $6,400/yr

Condo fees16% $10,882/yr

Closing costs8% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$29,136	$2,428/mo
Government & taxes
Property tax	$3,001	$250/mo
Land transfer tax(closing)	$9,275	$773/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$6,400	$533/mo
Condo fees
Condo / HOA fees	$10,882	$907/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$67,854	$5,654/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 112

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs