16 Sagewood Drive, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C12985804
About this home
Nestled in the coveted Banbury community, this 5-bedroom, 6-bathroom home offers over 6,000 sq. ft. of beautifully updated living space on an 84 x 125 ft lot, complete with a 3-car garage. Thoughtfully renovated throughout, the home showcases exceptional craftsmanship, custom millwork, pot-lit moulded ceilings, and high-end finishes. A wrought-iron entry opens to a stunning two-storey foyer with floor-to-ceiling wainscoting and a private office. The main floor features spacious living and dining areas, along with an enlarged chef's kitchen with Bloomsbury cabinetry, a custom-paneled Sub-Zero fridge and freezer, a 6-burner Wolf stainless steel gas range, a Miele dishwasher, a centre island, and a generous breakfast area. The adjoining family room and mudroom/laundry with direct garage access complete the space. Custom built-ins by Bloomsbury Fine Cabinetry are found throughout, including in the office, family room, dining room, and laundry. The spacious breakfast area, adjacent to the kitchen and family room, walks out to the backyard and stone patio-perfect for everyday living and entertaining. Upstairs, the primary suite features a beautifully updated ensuite with an RH vanity and linen cabinet. Four additional bedrooms and two full bathrooms complete the upper level. The finished basement offers a large recreation room, wet bar, gas fireplace, and a flexible space that can be used as a games room or an additional bedroom with its own 3-piece ensuite. Ideally located with easy access to highways and TTC routes, and close to top-rated public and private schools, including Crescent School, TFS, Bayview Glen, Crestwood, La Citadelle, Denlow PS (7-minute walk), Winfield MS (15-minute walk), York Mills CI (6-minute walk), and Northern SS.Just steps to Banbury Community Centre, Banbury Tennis Club, Windfields Park, and nearby ravine trails. Minutes to the Shops at Don Mills and Edwards Gardens.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C12985804
- Bedrooms
- 5
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000
- Lot
- 84 × 125 ft
- Cross streets
- York Mills/ Bayview
- Parking
- 3 garage · 6 parking (built-in)
- Driveway
- Private Triple
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $15,217 / 2026
- Days on market
- 98
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
gas fireplace · hardwood floor · pot lights
overlooks garden · 3 pc ensuite · walk-in closet(s)
overlooks garden · hardwood floor · double closet
electric fireplace · w/o to patio · hardwood floor
overlooks garden · family size kitchen · hardwood floor
hardwood floor · double closet
formal rm · hardwood floor · pot lights
5 pc ensuite · walk-in closet(s) · hardwood floor
overlooks garden · hardwood floor · closet
formal rm · overlooks garden · hardwood floor
hardwood floor · wainscoting · pot lights
w/o to patio · hardwood floor · pot lights
Listed at $3,900,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
Based on 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.06M, lower than the comparables and worth a second look.
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, listed at $3.80M
- Adjusts to $3.80M
That comparable adjusts to $3.80M; the $4.69M estimate above is the median of all 7 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for York Mills Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. York Mills Rd at Sandfield Rd is about a 6-minute walk away.
Total price vs nearby homes. Fair value about $4.69M, median of 7 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Primary suite: a key comfort and resale feature.
- Value driver
- Worth verifying
- 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 14% below the area average of $1,068/sqft.
97 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.
Getting around
Somewhat WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Some errands on foot, but most trips need a car.
🚉 Nearest transit: York Mills Rd at Sandfield Rd, about 442 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $3,120,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,649
- Property tax
- $1,268
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $17,918
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,975
- Toronto municipal land transfer tax
- $92,975
- Estimated closing costs
- $176,950
Plus your down payment of $780,000. 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
- $998,969
- Principal paid down
- $397,333
- Interest paid
- $601,636
- Balance remaining
- $2,722,667
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 CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.