11 Chipstead Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13218774

$4,990,000
For Sale
Listed 122 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
4+1Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq ft

About this home

In short

  • Exceptional custom-built 4+1 bedroom, 6-bath residence on a quiet, tree-lined street in prestigious York Mills.
  • Soaring 10' ceilings on the main floor and 9' ceilings on the second and lower levels create a bright, open feel, highlighted by dramatic two-storey (20') full-height...
  • The grand family room features a two-storey bookmatched slab fireplace, coffered ceiling, and skylight, while the chef's kitchen boasts high-end appliances, oversized...
  • The primary suite offers a spa-inspired ensuite and generous walk-in closets.
  • Beautiful professionally landscaped grounds complete the home's private oasis.

Exceptional custom-built 4+1 bedroom, 6-bath residence on a quiet, tree-lined street in prestigious York Mills. Soaring 10' ceilings on the main floor and 9' ceilings on the second and lower levels create a bright, open feel, highlighted by dramatic two-storey (20') full-height glass windows overlooking a private backyard with automated shades. The grand family room features a two-storey bookmatched slab fireplace, coffered ceiling, and skylight, while the chef's kitchen boasts high-end appliances, oversized island, and custom cabinetry. Elegant marble and natural stone finishes, refined mouldings, and built-in millwork elevate every space. The primary suite offers a spa-inspired ensuite and generous walk-in closets. Beautiful professionally landscaped grounds complete the home's private oasis. Located within the highly sought-after Denlow School district and close to top private schools including Crescent School, The Toronto French School, and Havergal College, this home combines luxury, style, and exceptional location.

Key facts

Property type
Detached, 2-Storey
MLS®
C13218774
Bedrooms
4+1 (5 total)
Bathrooms
6 (1 half)
Size
3500-5000 sq ft
Lot
60 × 120 ft
Cross streets
York Mills & Banbury
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$22,638 / 2025
Days on market
122
Listing brokerage
HC REALTY GROUP INC.

Rooms

Bedroom 4Second3.43 × 3.96 m

hardwood floor · 4 pc ensuite · large window

Living RoomMain7.75 × 4.19 m

hardwood floor · open concept · large window

OfficeMain3.33 × 3.23 m

hardwood floor · french doors · large window

Bedroom 2Second4.47 × 4.17 m

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

Family RoomMain6.48 × 4.70 m

hardwood floor · skylight · window floor to ceiling

Primary BedroomSecond9.27 × 5.11 m

hardwood floor · 6 pc ensuite · walk-in closet(s)

LaundrySecond3.23 × 3.00 m

marble floor · laundry sink · quartz counter

Bedroom 3Second3.45 × 3.63 m

hardwood floor · 4 pc ensuite · large window

RecreationLower13.30 × 14.63 m

wet bar · 3 pc bath · large window

Dining RoomMain7.75 × 4.19 m

hardwood floor · open concept · large window

Bedroom 5Lower3.68 × 2.74 m

window · double closet · large window

KitchenMain7.01 × 5.44 m

marble floor · granite counters · breakfast area

Our TakeTeam Asgarian · Broker
A small discount is typical
$4.79Mlikely sale price

Listed at $4,990,000. Going by how homes in Banbury-Don Mills and the wider GTA have actually closed against their asking prices (about 96%, 21 local closings in 90 days), the likely sale price is near $4.79M, if it sells. A realistic range is $4.49M to $5.40M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

Longer on the market than typical. 122 days on the market against about 34 for homes like it here, and asking 47% above where comparable closings put it.

List price
$4.49MBelow recent closings$5.40MAbove recent closings

Total price vs nearby homes. Likely closing about $4.79M, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$2.00Mmedian sold price
94%of asking, on average
−8%prices vs a year ago
~35 dayshomes like this take to sell
122days on market so far
$7,068/moest. rent · 21 leases
1.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.9 months of inventory: 20 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,174/sqft against an area asking average of $1,013/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Banbury-Don Mills basements rarely rent out (7 of 155 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $3.28M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

Based on 21 comparable homes that sold in Banbury-Don Mills over the past two years, from 167 closings there.

What sellers nearby are askingCurrently listed nearby in Banbury-Don Mills · asking prices
$4.68Mavg asking

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

Per square foot, these ask about $1,102/sqft; this home lists at $1,174/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
4.99MThis home5.09M4.79M5.29M4.56M3.70MThis home vs active comparables

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.

St. Andrew-Windfields
$8.80M
Willowdale West
$1.30M
Tam O'Shanter-Sullivan
$1.17M
Danforth Village-East York
$1.17M
High Park-Swansea
$2.20M

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 · 0.4 km awayHigher-rated than most nearby · 88% meet the provincial standard
Park Lane Public SchoolEQAO results not published
Also nearby: 8 more schools within 2.5 km
Denlow Public School · Public elementary0.7 km · 90% at standard
Windfields Middle School · Public elementary0.8 km · 91% at standard
Harrison Public School · Public elementary1.1 km · 82% at standard
Rippleton Public School · Public elementary1.3 km · 75% at standard
St Andrew's Middle School · Public elementary1.5 km · 81% at standard
Dunlace Public School · Public elementary1.5 km · 69% at standard
Owen Public School · Public elementary1.7 km · 59% at standard
Norman Ingram Public School · Public elementary2.0 km · 65% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$22,743/mo
$927KIncome needed
5.4×Price ÷ income
$5,248Weekly cost
$252,250Land transfer tax, one-time (Ontario + Toronto)
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 $22,743Property tax $1,886Total carry $24,629

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$22,072per month

Mortgage amount $3,992,000 · 4.49% over 25 years

$998,000Down payment (20.0%)
$3,992,000Loan before insurance
$0CMHC premium
$23,959Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$22,072
Property tax
$1,887
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,959

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

One-time closing costs

Ontario land transfer tax
$111,225
Toronto municipal land transfer tax
$141,025
Estimated closing costs
$252,250

Plus your down payment of $998,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$26,715/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

$2,629,736Total interest paid
$6,621,736Total of all payments
Principal $3,992,000 Interest $2,629,736
YearPrincipalInterestBalance
1$89,084$175,785$3,902,916
2$93,129$171,740$3,809,786
3$97,358$167,512$3,712,429
4$101,778$163,091$3,610,651
5$106,399$158,470$3,504,251
6$111,230$153,639$3,393,021
7$116,280$148,589$3,276,741
8$121,560$143,309$3,155,181
9$127,079$137,790$3,028,101
10$132,849$132,020$2,895,252
11$138,881$125,988$2,756,371
12$145,187$119,682$2,611,184
13$151,779$113,090$2,459,405
14$158,670$106,199$2,300,734
15$165,875$98,995$2,134,860
16$173,406$91,463$1,961,453
17$181,279$83,590$1,780,174
18$189,510$75,359$1,590,664
19$198,115$66,755$1,392,549
20$207,110$57,760$1,185,439
21$216,514$48,356$968,926
22$226,344$38,525$742,582
23$236,621$28,248$505,961
24$247,365$17,505$258,596
25$258,596$6,274$0

At the end of your 5-year term

Total paid over the term
$1,324,347
Principal paid down
$487,749
Interest paid
$836,598
Balance remaining
$3,504,251

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
From 21 whole-home leases in Banbury-Don Mills$7,068/mo
$84,816Gross annual rent
1.0%Cap rate after taxes and upkeep
$6,667 to $8,228Typical rent range
~39 daysTo find a tenant, on average

About the suite: in Banbury-Don Mills basements rarely rent out (7 of 155 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 21 whole-home leases in Banbury-Don Mills signed at a median of $6,537 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,068. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

1.7%
Gross yield
− Property tax $22,638− Insurance $1,400− Vacancy & upkeep $9,330Net operating income $51,449

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

CallRequest a showing