39 Rippleton Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13078946

$5,088,000
For Sale
Listed 77 days ago
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5Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq Ft
14 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

**Welcome to ""LUXURIOUS"" Custom-Built, just over 1yr only(RARELY-LIVED)---39 Rippleton Rd, ideally located prestigious banbury neighbourhood**This impressive home offers approximately 7000Sf living space including a lower level(4,672Sf for 1st/2nd floors) with an**ELEVATOR**backyard with unobstructed view(park-like setting). This home is a stunning blend of timeless architecture with a majestic facade, natural stone and brick exterior and striking interiors with a private ELEVATOR****THIS HOME COMBINES Timeless Beauty, Contemporary Sophistication****The main floor office provides a refined retreat and soaring ceilings(approximately 14ft) draw your eye upward. This home offers spaciously-designed, open concept living/dining rooms, and the home's elegant-posture & airy atmosphere. The dream gourmet kitchen offers a top-of-the-line appliance(SUBZERO & WOLF BRAND), stunning large 2 centre islands with waterfall marble stone & pot filler, indirect lightings and seamless flow into a spacious breakfast area leading to the sundeck-open view of backyard. The family room is perfect for entertaining and family gathering place. The gorgeous primary suite offers a heated/spa-like ensuite and a walk-in closet. The additional bedrooms feature all own ensuites for privacy and convenience, walk-in closets, hardwood flooring, and large windows. Upstairs, the functional laundry room area(2nd floor).The fully finished walk-out basement includes heated floors thru-out, a large recreation room area with wet bar, a 2nd laundry room. The backyard of the home features a large sundeck and fully fenced yard, offering open view(park-like setting) for privacy. Just steps from Edwards Gardens, Sunnybrook Park, Shops at Don Mills, Banbury Community Centre, Parks-----Zoned for top public schools and close to Toronto's top private schools

Key facts

Property type
Detached, 2-Storey
MLS®
C13078946
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
68 × 105.97 ft
Cross streets
W.Leslie St/N.Lawrence Ave
Parking
2 garage · 6 parking (built-in)
Driveway
Private
Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Stone
Foundation
Other
Roof
Shingles
Sewer
Sewer
Property tax
$25,541 / 2025
Days on market
77
Listing brokerage
FOREST HILL REAL ESTATE INC.

Rooms

KitchenMain5.76 × 5.15 m

centre island · b/i appliances · built-in speakers

Bedroom 3Second5.25 × 3.98 m

3 pc ensuite · pot lights · hardwood floor

LaundryLower0.00 × 0.00 m

Laundry Sink

BedroomLower3.88 × 3.60 m

tile floor · window · pot lights

Dining RoomMain4.64 × 4.42 m

gas fireplace · built-in speakers · pot lights

RecreationLower12.62 × 5.28 m

heated floor · fireplace · walk-out

LibraryMain4.14 × 4.07 m

hardwood floor · window floor to ceiling · b/i bookcase

LaundrySecond0.00 × 0.00 m

laundry sink · skylight

Living RoomMain5.10 × 4.42 m

hardwood floor · indirect lights · pot lights

DenLower3.12 × 2.97 m

heated floor · window

Family RoomMain6.00 × 5.07 m

gas fireplace · built-in speakers · b/i shelves

Primary BedroomSecond6.75 × 5.58 m

6 pc ensuite · built-in speakers · wall sconce lighting

Bedroom 4Second5.12 × 4.36 m

4 pc ensuite · hardwood floor · walk-in closet(s)

BreakfastMain5.00 × 4.39 m

combined w/kitchen · w/o to sundeck · south view

Bedroom 2Second4.44 × 3.98 m

3 pc ensuite · hardwood floor · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3.90Mest. value

Listed at $5,088,000, this home is about 30% above what comparable homes suggest. 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 $5.63M, higher 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 $3.90M 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.

Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Rippleton Road is about a 2-minute walk away. Worth weighing if transit access matters to you.

List price
$3.80MGreat deal$5.09MOverpriced

Total price vs nearby homes. Fair value about $3.90M, 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.

  • Walk-out basement: natural light and strong in-law or income potential.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Heated floors: comfort and a premium-finish signal.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Primary suite: a key comfort and resale feature.
  • Income potential
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$3.97Mavg asking

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

11 Chipstead Road$4.99M16 Sagewood Drive$3.90M49 Norden Crescent$3.80M37 Chatfield Drive$3.69M28 Ternhill Crescent$3.49M

The 5 closest of 7 active listings nearby.

See all comparable homes
5.09MThis home4.99M3.90M3.80M3.69M3.49MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $3.99M
$1,197this home / sqft
15active listings nearby
77days on market

This home lists 12% above the area average of $1,066/sqft.

75 days longer than the Toronto average (2 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Banbury-Don Mills, 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.

Getting around

15/ 100

Car-DependentA 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.

Almost all errands require a car — groceries and transit are a drive away.

🚉 Nearest transit: Rippleton Road, about 131 m away

20+ transit stops2 grocery20+ dining20+ parks4 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Lawrence Park South
$2.29M
Bayview Village
$1.69M
Bedford Park-Nortown
$3.80M
Willowdale West
$1.47M
High Park-Swansea
$3.00M

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 Rippleton Public School
75%
Rippleton Public SchoolPublic · Elementary · 0.1 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$23,189/mo
$953KIncome needed
5.3×Price ÷ income
$5,351Weekly cost
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.

92%mortgage
Mortgage $23,189Property tax $2,128Total carry $25,318

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$21,721per month

Mortgage amount $4,070,400 · 4.14% over 25 years

$1,017,600Down payment (20.0%)
$4,070,400Loan before insurance
$0CMHC premium
$23,850Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,721
Property tax
$2,128
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,850

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

One-time closing costs

Ontario land transfer tax
$113,675
Toronto municipal land transfer tax
$146,315
Estimated closing costs
$259,990

Plus your down payment of $1,017,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$26,382/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

$2,445,950Total interest paid
$6,516,350Total of all payments
Principal $4,070,400 Interest $2,445,950
YearPrincipalInterestBalance
1$95,355$165,299$3,975,045
2$99,344$161,310$3,875,701
3$103,499$157,155$3,772,201
4$107,829$152,825$3,664,373
5$112,339$148,315$3,552,034
6$117,038$143,616$3,434,996
7$121,933$138,721$3,313,062
8$127,034$133,620$3,186,029
9$132,347$128,307$3,053,681
10$137,883$122,771$2,915,798
11$143,651$117,003$2,772,147
12$149,659$110,995$2,622,488
13$155,919$104,735$2,466,569
14$162,441$98,213$2,304,127
15$169,236$91,418$2,134,891
16$176,315$84,339$1,958,576
17$183,690$76,964$1,774,887
18$191,373$69,281$1,583,513
19$199,378$61,276$1,384,135
20$207,718$52,936$1,176,417
21$216,406$44,248$960,011
22$225,458$35,196$734,553
23$234,889$25,765$499,664
24$244,714$15,940$254,950
25$254,950$5,704$0

At the end of your 5-year term

Total paid over the term
$1,303,270
Principal paid down
$518,366
Interest paid
$784,904
Balance remaining
$3,552,034

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$7,350/mo
$88,200Gross annual rent
1.0%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.7%
Gross yield
− Property tax $25,541− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $51,557

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.

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