48 Grangemill Crescent, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13445280
About this home
**UNIQUE ------ CHARM & WONDERFUL FAMILY HOME ------ OVERSIZED/SECLUDED ----- PREMIUM LAND, Total 17,695.85 sq.ft----A RARE-FIND & HUGE LOT, LIKE HAVING YOUR OWN PARK AT THE BACK, INGROUND SWIMMING POOL & FULL OF CHARACTERISTIC 5-BEDROOM FAMILY HOME -------- Nestled in a prestigious and tranquil neighbourhood, this stunning 5-bedroom residence perfectly balances timeless character with a highly functional layout designed for the modern family. From the moment you arrive, the home's exceptional curb appeal and manicured frontage set a tone of understated elegance. Inside, the sun-drenched, spacious rooms flow from grand formal entertaining areas to a chef's kitchen that serves as the heart of the home. The upper level features five generous bedrooms, including a massive primary retreat, while the professionally finished basement-complete with a separate entrance-offers incredible versatility for a nanny suite, an extended family living area, or a high-end home office.The true showpiece of this property is the expansive, park-like private lot, featuring a sparkling salt water pool and sprawling patio areas that create the ultimate backyard oasis for summer gatherings. Families will appreciate the access to top-tier, high-rated schools and a wealth of nearby parks, providing a safe and vibrant community for children to grow. Ideally located just minutes from the scenic beauty of Edwards Gardens, you are also steps away from elite shopping, gourmet restaurants, and major highways, ensuring every luxury is within reach. This is a rare opportunity to own a sanctuary that offers both a private escape and an unbeatable lifestyle in one of the city's most sought-after pockets. The property continues beyond the pool fencing.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13445280
- Bedrooms
- 5
- Bathrooms
- 3
- Size
- 3000-3500
- Lot
- 50 × 198.11 ft
- Cross streets
- W.Leslie St and N.Rippleton Rd and N.Lawrence Ave E
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $15,082 / 2025
- Days on market
- 36
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
hardwood floor · closet · window
hardwood floor · window · closet
hardwood floor · combined w/kitchen · window
french doors · hardwood floor
fireplace · pot lights · window
hardwood floor · closet · window
ceramic floor · open concept
hardwood floor · open concept · overlooks dining
large window · hardwood floor · overlooks pool
pantry · access to garage
updated · combined w/dining · open concept
hardwood floor · window
4 pc ensuite · hardwood floor · walk-in closet(s)
walk through · hardwood floor · overlooks living
ceramic floor · laundry sink
Listed at $3,300,000, this home is about 11% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Banbury-Don Mills lately, sellers have been getting about 96% of asking and homes sell in about 31 days.
Based on 89 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 89 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.70M, 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, sold for $3.65M
- Bathrooms −$30K
- Adjusts to $3.63M
That comparable adjusts to $3.63M; the $2.96M estimate above is the median of all 89 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.
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. Bond Avenue is about a 1-minute walk away. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $2.96M, median of 89 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- 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.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 8% above the area average of $940/sqft.
35 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Banbury-Don Mills, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bond Avenue, about 91 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $2,640,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,088
- Property tax
- $1,257
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,345
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $68,975
- Toronto municipal land transfer tax
- $71,975
- Estimated closing costs
- $140,950
Plus your down payment of $660,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $845,281
- Principal paid down
- $336,205
- Interest paid
- $509,077
- Balance remaining
- $2,303,795
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.