44 Addison Crescent, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C12921590
About this home
***GREAT OPPORTUNITY***60 x 110 Ft Land on Quiet and Child-Safe Cul-De-Sac-----BACKING ONTO A CITY-PARK(BOND PARK) and TRAILS & Renovated/Additional Family Room, Livable Home Combined(move-in now to live-in and build your dream home later), This property sits on a quiet street, situated on one of the most desired street of neighbourhood. and Close by Parks and Nature Trees----Surrounded by LUXURIOUS Custom-Built Homes---Rapidly Developing Street and Area. This cozy ranch style bungalow is perfect to move-in to live-in now and build your dream home here on 60 x 110 ft land, backing onto parks and trails on quiet street and featuring 4+1bedrooms with an additional family room. The open-concept of living and dining rooms provide ample space and natural sunlights. The additional family room anchored by a striking floor-to ceiling window and skylights, and overlooking a private-calm backyard, creating an airy, sun-drenched atmosphere and offering both functional space and poetic views-serene views of the landscaped backyard. The fully finished basement offers extra space for your family for entertaining or relaxation, complete large recreation room, a potential home gym or office, a 4-pcs washroom and guest room and extra storage area. This property is situated close to Nature Trails and Walk Paths, Edward Gardens/Sunnybrook Parks & Shops at Don Mills and easy access to HWY 401/404 and downtown.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C12921590
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1500-2000
- Lot
- 60 × 110 ft
- Cross streets
- E.Leslie St/W.Don Mills Rd/N.Lawrence Ave E
- Parking
- 1 garage · 4 parking (attached)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,250 / 2025
- Days on market
- 119
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
broadloom · closet · window
laminate · open concept · window
granite counters · stainless steel appl · updated
laminate · window · closet
laundry sink · ceramic floor
window · linoleum
broadloom · combined w/rec · open concept
laminate · combined w/living · window
hardwood floor · skylight · w/o to garden
broadloom · window · combined w/office
laminate · closet · window
laminate · closet · window
Listed at $1,588,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
In Banbury-Don Mills lately, sellers have been getting about 96% of asking and homes sell in about 28 days.
Based on 39 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 39 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.44M, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $2.95M
- Bedrooms +$45K
- Bathrooms −$23K
- Adjusts to $2.97M
That comparable adjusts to $2.97M; the $1.46M estimate above is the median of all 39 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Don Mills Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.46M, median of 39 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 7 active listings nearby.
See all comparable homesThis home lists 33% below the area average of $1,361/sqft.
118 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & 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.
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 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,270,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,779
- Property tax
- $688
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,467
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,235
- Toronto municipal land transfer tax
- $28,235
- Estimated closing costs
- $56,470
Plus your down payment of $317,600. 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
- $406,760
- Principal paid down
- $161,786
- Interest paid
- $244,974
- Balance remaining
- $1,108,614
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.