18 Chipstead Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13440660

$4,888,000
For Sale
Listed 35 days ago
5Bedrooms
5Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

Welcome to 18 Chipstead Road, an entertainer's dream home, conveniently located in the heart of Denlow near Bayview and 401 with great schools and lots of local shopping nearby. This fully renovated 4200 + square foot home is one of the nicest homes in the area. Interior designers Jeffrey Douglas and Chantal Philippe contributed to the designs and furnishing choices. Landscape architect Wendy Berger and her team contributed to the landscape architecture. From the moment you walk in the front door, you know this home is calming and special. Super spacious, yet oh so warm and cozy. New custom stairs and railings. Massive 2-story upper hallway with 4 oversized skylights. The brand new open concept custom kitchen/family room has tons of natural light and a new linear Regency gas fireplace. The almost 45-foot-long lounge/living/dining room combination is great for entertaining. The powder room is stunning. The pantry/mud room is off the main hall and has plenty of cupboards and counter space. It also has a separate full-size fridge, wine fridge and dishwasher. The pantry connects to the garage which has polyaspartic floors. The primary suite is an open concept retreat with a coffered ceiling and plenty of natural light. The Regency 3-sided gas fireplace enhances the bedroom and the primary lounge area. The primary bath has a 2-person shower and a separate soaking tub, overlooking the primary upper deck that overlooks the pool. The primary custom backlit closet is expansive with 2 skylights. All other bedrooms are king-size rooms with 2 additional en-suites and custom finishes. The basement has an open concept media area with a gas fireplace and room for a card table, pool table, and multiple workout areas. The backyard oasis has dining under the primary upper deck as well as a lounge area off the pool.

Key facts

Property type
Detached, 2-Storey
MLS®
C13440660
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
3500-5000
Lot
60 × 120 ft
Cross streets
York Mills / Bayview
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Pool
Inground
Property tax
$19,866 / 2026
Days on market
35
Listing brokerage
THE OTHER GUYS REALTY CORP.

Rooms

BreakfastMain5.00 × 1.90 m

hardwood floor · overlooks pool · w/o to pool

Dining RoomMain5.00 × 3.70 m

hardwood floor · w/o to deck · vaulted ceiling(s)

Bedroom 3Second5.30 × 4.10 m

4 pc ensuite · double closet · hardwood floor

Living RoomMain8.70 × 3.90 m

hardwood floor · pot lights · combined w/dining

Primary BedroomSecond8.90 × 6.40 m

fireplace · walk-in closet(s) · 6 pc ensuite

Bedroom 2Second5.30 × 4.10 m

4 pc ensuite · double closet · hardwood floor

Bedroom 4Second5.30 × 3.70 m

hardwood floor · pot lights · double closet

KitchenMain4.00 × 3.40 m

hardwood floor · centre island · pot lights

Family RoomMain5.60 × 5.60 m

fireplace · pot lights · hardwood floor

Moe’s TakeTeam Asgarian · Broker
In line
$3.88Mest. value

Listed at $4,888,000, this home is within the range of comparable homes, on the higher 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 $4.00M, a close match.

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
  • Bathrooms −$15K
  • Adjusts to $3.79M

That comparable adjusts to $3.79M; the $3.88M 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 Chipstead Rd is about a 3-minute walk away.

List price
$3.79MGreat deal$4.97MOverpriced

Total price vs nearby homes. Fair value about $3.88M, 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.

  • 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.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$4.66Mavg asking

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

10 Penwood Crescent$5.50M11 Chipstead Road$4.99M39 Rippleton Road$5.09M16 Sagewood Drive$3.90M49 Norden Crescent$3.80M

The 5 closest of 7 active listings nearby.

See all comparable homes
4.89MThis home5.50M4.99M5.09M3.90M3.80MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $3.90M
$1,150this home / sqft
14active listings nearby
35days on market

This home lists 16% above the area average of $995/sqft.

34 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.

Getting around

50/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: York Mills Rd at Chipstead Rd, about 245 m away

20+ transit stops2 grocery20+ dining14 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
$2.14M
Bedford Park-Nortown
$2.90M
Wexford-Maryvale
$865K
High Park-Swansea
$4.99M
Downsview-Roding-CFB
$1.06M

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 · 0.3 km awayHigher-rated than most nearby · 88% meet the provincial standard
Park Lane Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$22,278/mo
$901KIncome needed
5.4×Price ÷ income
$5,141Weekly 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.

93%mortgage
Mortgage $22,278Property tax $1,655Total carry $23,933

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20,867per month

Mortgage amount $3,910,400 · 4.14% over 25 years

$977,600Down payment (20.0%)
$3,910,400Loan before insurance
$0CMHC premium
$22,523Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,867
Property tax
$1,656
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22,523

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

One-time closing costs

Ontario land transfer tax
$108,675
Toronto municipal land transfer tax
$136,435
Estimated closing costs
$245,110

Plus your down payment of $977,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$25,345/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

$2,349,804Total interest paid
$6,260,204Total of all payments
Principal $3,910,400 Interest $2,349,804
YearPrincipalInterestBalance
1$91,607$158,801$3,818,793
2$95,439$154,969$3,723,354
3$99,431$150,977$3,623,923
4$103,590$146,818$3,520,333
5$107,923$142,485$3,412,410
6$112,437$137,971$3,299,972
7$117,140$133,268$3,182,832
8$122,040$128,368$3,060,792
9$127,145$123,263$2,933,647
10$132,463$117,945$2,801,183
11$138,004$112,404$2,663,179
12$143,777$106,632$2,519,403
13$149,790$100,618$2,369,612
14$156,056$94,352$2,213,556
15$162,584$87,825$2,050,973
16$169,384$81,024$1,881,588
17$176,469$73,939$1,705,119
18$183,851$66,557$1,521,268
19$191,541$58,867$1,329,727
20$199,553$50,855$1,130,175
21$207,900$42,508$922,275
22$216,596$33,812$705,679
23$225,656$24,752$480,023
24$235,095$15,313$244,928
25$244,928$5,480$0

At the end of your 5-year term

Total paid over the term
$1,252,041
Principal paid down
$497,990
Interest paid
$754,050
Balance remaining
$3,412,410

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
1.2%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.

1.8%
Gross yield
− Property tax $19,866− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $57,232

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE OTHER GUYS REALTY CORP.. MLS®/PropTx.

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