38 Apollo Drive, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13137172

$2,849,900
For Sale
Listed 67 days ago
Request a showing
◎ Directions
8Bedrooms
4Bathrooms
2Garage · 5 parking
3000-3500Sq Ft

About this home

Welcome To This Stunning Contemporary Home With 1,000 Sf Addition/Reno Functional Layout *4,492 SF Liv Sp * * Desirable Banbury/Edwards Garden Area, Steps To Renowned Denlow School & All Conveniences * * Sleek Salvarani Italian Kitchen with/Brkfst Bar & Opening to Family Rm; Two Walk-Outs To Private Backyard Oasis With Heated Pool, Patio & Gazebo Retractable Roof ** Large Bright Bedrooms With Many B/I Cabinets, Main Floor Laundry Rm combined W/Mud Rm ** Large Rec Rm With Ss/Granite Wet Bar & Lower Level Rooms, Exercise Rm With Equipment * Central Skylight With Natural Light Cascading Through Custom Modern Railing And More !!!

Key facts

Property type
Detached, 2-Storey
MLS®
C13137172
Bedrooms
8 (5 + 3)
Bathrooms
4 (2 half)
Size
3000-3500
Lot
55 × 110 ft
Cross streets
Leslie/Denlow Blvd
Parking
2 garage · 5 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$13,370 / 2026
Days on market
67
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 2Second6.02 × 4.01 m

double closet · hardwood floor · south view

Bedroom 5Second6.45 × 4.17 m

hardwood floor · balcony · overlooks backyard

Bedroom 3Second3.20 × 2.95 m

closet · window · hardwood floor

KitchenMain5.23 × 5.11 m

centre island · modern kitchen · w/o to patio

Living RoomMain7.54 × 4.22 m

crown moulding · overlooks frontyard · south view

Family RoomMain5.23 × 3.68 m

crown moulding · fireplace · w/o to patio

BedroomLower4.65 × 3.86 m

window · laminate · window

RecreationLower7.67 × 6.35 m

wet bar · fireplace · pot lights

Bedroom 4Second6.61 × 5.44 m

hardwood floor · 5 pc bath · b/i bookcase

Primary BedroomSecond5.16 × 3.85 m

hardwood floor · 5 pc bath · walk-in closet(s)

Dining RoomMain4.98 × 3.69 m

overlooks backyard · crown moulding · picture window

PlayLower4.65 × 3.86 m

window · pot lights · laminate

Exercise RoomLower4.42 × 4.09 m

window · tile floor · pot lights

Moe’s TakeTeam Asgarian · Broker
In line
$2.82Mest. value

Listed at $2,849,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Banbury-Don Mills lately, sellers have been getting about 90% of asking and homes sell in about 36 days.

There were not many closely comparable homes right in Banbury-Don Mills, so I widened the search to the surrounding area.

Based on 15 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 15 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.54M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $2.45M
  • Bedrooms +$30K
  • Bathrooms −$15K
  • Adjusts to $2.46M

That comparable adjusts to $2.46M; the $2.82M estimate above is the median of all 15 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.

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.

List price
$2.46MGreat deal$3.72MOverpriced

Total price vs nearby homes. Fair value about $2.82M, median of 15 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$4.65Mavg asking

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

21 Kirkdale Crescent$3.60M6 Blaine Drive$4.65M39 Hemford Crescent$5.70M

The 3 closest active listings nearby.

See all comparable homes
2.85MThis home3.60M4.65M5.70MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $5.78M
$877this home / sqft
10active listings nearby
67days on market
5sold nearby · 90 days
$5.10Mmedian sold price
90%of asking, on average

66 days longer than the Toronto average (1 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.

Nearby neighbourhoods

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

Willowdale East
$3.00M
Bedford Park-Nortown
$4.46M
L'Amoreaux
$1.54M
East York
$925K
Birchcliffe-Cliffside
$1.69M

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 York Mills Collegiate Institute
88%
York Mills Collegiate InstitutePublic · Secondary · 1.1 km awayHigher-rated than most nearby · 88% meet the provincial standard
Park Lane Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$12,989/mo
$533KIncome needed
5.4×Price ÷ income
$2,997Weekly 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 $12,989Property tax $1,114Total carry $14,103

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,166per month

Mortgage amount $2,279,920 · 4.14% over 25 years

$569,980Down payment (20.0%)
$2,279,920Loan before insurance
$0CMHC premium
$13,281Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,166
Property tax
$1,114
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,281

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

One-time closing costs

Ontario land transfer tax
$57,723
Toronto municipal land transfer tax
$57,723
Estimated closing costs
$115,445

Plus your down payment of $569,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,777/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

$1,370,030Total interest paid
$3,649,950Total of all payments
Principal $2,279,920 Interest $1,370,030
YearPrincipalInterestBalance
1$53,411$92,587$2,226,509
2$55,645$90,353$2,170,865
3$57,972$88,026$2,112,892
4$60,397$85,601$2,052,495
5$62,923$83,074$1,989,572
6$65,555$80,443$1,924,016
7$68,298$77,700$1,855,719
8$71,154$74,844$1,784,564
9$74,131$71,867$1,710,434
10$77,231$68,767$1,633,202
11$80,462$65,536$1,552,740
12$83,827$62,171$1,468,913
13$87,334$58,664$1,381,579
14$90,987$55,011$1,290,592
15$94,793$51,205$1,195,799
16$98,758$47,240$1,097,041
17$102,889$43,109$994,153
18$107,192$38,806$886,960
19$111,676$34,322$775,284
20$116,347$29,651$658,937
21$121,214$24,784$537,723
22$126,284$19,714$411,439
23$131,566$14,432$279,873
24$137,070$8,928$142,803
25$142,803$3,195$0

At the end of your 5-year term

Total paid over the term
$729,990
Principal paid down
$290,348
Interest paid
$439,642
Balance remaining
$1,989,572

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$6,300/mo
$75,600Gross annual rent
1.8%Est. cap rate

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.

2.7%
Gross yield
− Property tax $13,370− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $52,514

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

CallRequest a showing