11 Chipstead Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13218774

$4,990,000
For Sale
Listed 51 days ago
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5Bedrooms
6Bathrooms
2Garage · 6 parking
3500-5000Sq Ft
12 schools20+ transit stops19 parks20+ restaurantswithin 1.5 km

About this home

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
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
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
51
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

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

Listed at $4,990,000, this home is about 28% 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 $4.56M, a bit higher.

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.

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, this is a more car-dependent spot, so buyers here typically drive. Chipstead Road is about a 4-minute walk away. Worth weighing if transit access matters to you.

List price
$3.80MGreat deal$4.99MOverpriced

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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Primary suite: a key comfort and resale feature.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$3.99Mavg asking

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

39 Rippleton Road$5.09M16 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
4.99MThis home5.09M3.90M3.80M3.69M3.49MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $3.99M
$1,174this home / sqft
15active listings nearby
51days on market

This home lists 10% above the area average of $1,068/sqft.

49 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

11/ 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: Chipstead Road, about 314 m away

20+ transit stops2 grocery20+ dining19 parks1 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.

Bayview Village
$1.81M
Willowdale West
$1.47M
Lawrence Park South
$2.39M
Bedford Park-Nortown
$4.08M
Wexford-Maryvale
$950K

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

Affordability & Mortgage

Affordability
$22,743/mo
$927KIncome needed
5.4×Price ÷ income
$5,248Weekly 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 $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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$21,303per month

Mortgage amount $3,992,000 · 4.14% over 25 years

$998,000Down payment (20.0%)
$3,992,000Loan before insurance
$0CMHC premium
$23,189Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$21,303
Property tax
$1,887
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23,189

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

6.14%Qualifying rate
$25,874/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

$2,398,838Total interest paid
$6,390,838Total of all payments
Principal $3,992,000 Interest $2,398,838
YearPrincipalInterestBalance
1$93,519$162,115$3,898,481
2$97,431$158,203$3,801,051
3$101,506$154,128$3,699,545
4$105,752$149,882$3,593,793
5$110,175$145,458$3,483,618
6$114,784$140,850$3,368,834
7$119,585$136,049$3,249,249
8$124,587$131,047$3,124,662
9$129,798$125,835$2,994,864
10$135,227$120,406$2,859,637
11$140,884$114,750$2,718,753
12$146,777$108,857$2,571,976
13$152,916$102,717$2,419,060
14$159,312$96,321$2,259,747
15$165,976$89,657$2,093,771
16$172,919$82,715$1,920,852
17$180,152$75,482$1,740,701
18$187,687$67,946$1,553,013
19$195,538$60,096$1,357,475
20$203,717$51,917$1,153,758
21$212,238$43,395$941,520
22$221,116$34,518$720,405
23$230,365$25,269$490,040
24$240,000$15,633$250,039
25$250,039$5,594$0

At the end of your 5-year term

Total paid over the term
$1,278,168
Principal paid down
$508,382
Interest paid
$769,785
Balance remaining
$3,483,618

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
1.1%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.

1.8%
Gross yield
− Property tax $22,638− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $54,460

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

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