37 Chatfield Drive, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13487698

$3,688,000
For Sale
Listed 27 days ago
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5Bedrooms
6Bathrooms
2Garage · 8 parking
3500-5000Sq Ft

About this home

Extraordinary luxury residence nestled in the exclusive Banbury-Don Mills enclave, a tranquil oasis on a low-traffic, premium drive adjacent to a quiet cul-de-sac . Built in 2020, this custom-built home spans over 5200 sqft of living space. It exudes transitional elegance with its stately modern exterior and impressive ceiling heights. 10 ft. on the main floor, 9 ft. on the second, and 9 ft. in the walk-up basement. Thoughtfully designed, this bright and spacious home is flooded with natural light, thanks to large energy-efficient windows and an oversized skylight that elegantly illuminates both floors, cascading through the grand central opening and infusing the space with warmth.The pie-shaped, fully fenced expansive backyard, bordered by tall, mature trees, offers complete privacy and evokes a sense of cottage life in the city. The custom chefs kitchen, complete with an expansive granite-topped island, Top-tier Sub-Zero & Wolf appliances, is ideal for entertaining, while the basement boasts a home theater for cozy gatherings; 200AMP electrical With Tesla Charging station. Situated minutes from Hwy 404 & 401, Shops at Don Mills, DonMills trails, the location also offers access to top-rated schools, including Rippleton Public School and York Mills Collegiate Institute. Close to renowned private schools (including TFS, Havergal, Crestwood, Crescent & UCC), private clubs (Rosedale Golf Club, Granite Club, and Donalda Golf Club) and Botanical Garden (Edwards Garden).This home is a rare gem, perfect for families seeking luxury, comfort, and convenience in a prime neighborhood.

Key facts

Property type
Detached, 2-Storey
MLS®
C13487698
Bedrooms
5 (4 + 1)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
55.11 × 112.96 ft
Cross streets
Leslie St./Lawrence Ave. E
Parking
2 garage · 8 parking (attached)
Basement
Finished, Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$19,192 / 2025
Days on market
27
Listing brokerage
RE/MAX REALTRON BARRY COHEN HOMES INC.

Rooms

Bedroom 3Second5.37 × 5.26 m

3 pc ensuite · walk-in closet(s) · combined w/den

Primary BedroomSecond7.40 × 6.34 m

5 pc ensuite · walk-in closet(s) · balcony

Living RoomMain4.94 × 4.58 m

gas fireplace · large window · open concept

Bedroom 2Second5.33 × 4.87 m

3 pc ensuite · large window · large closet

Family RoomMain4.65 × 4.62 m

bay window · large window · tile floor

OfficeSecond3.16 × 2.71 m

hardwood floor · w/o to balcony

Bedroom 4Second5.37 × 5.26 m

3 pc ensuite · walk-in closet(s) · bay window

LaundrySecond3.27 × 1.92 m

tile floor · granite counters

RecreationBasement10.57 × 5.81 m

walk-out · open concept · large window

Dining RoomMain4.94 × 2.35 m

open concept · large window · tile floor

KitchenMain6.41 × 6.37 m

breakfast area · granite counters · stainless steel appl

Media RoomBasement5.15 × 4.60 m

Broadloom

Moe’s TakeTeam Asgarian · Broker
In line
$3.37Mest. value

Listed at $3,688,000, 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.

In Banbury-Don Mills lately, sellers have been getting about 96% of asking and homes sell in about 29 days.

Based on 32 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 32 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.43M, 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 $2.90M
  • Bedrooms −$60K
  • Adjusts to $2.84M

That comparable adjusts to $2.84M; the $3.37M estimate above is the median of all 32 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.

List price
$2.98MGreat deal$4.37MOverpriced

Total price vs nearby homes. Fair value about $3.37M, median of 32 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. Value driver
  • 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
$4.25Mavg asking

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

49 Norden Crescent$3.80M28 Ternhill Crescent$3.49M16 Sagewood Drive$3.90M11 Chipstead Road$4.99M39 Rippleton Road$5.09M

The 5 closest of 7 active listings nearby.

See all comparable homes
3.69MThis home3.80M3.49M3.90M4.99M5.09MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $4.29M
$868this home / sqft
15active listings nearby
27days on market
61sold nearby · 90 days
$2.35Mmedian sold price
96%of asking, on average

This home lists 20% below the area average of $1,088/sqft.

26 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.

Leaside
$1.73M
Willowdale East
$3.00M
Bedford Park-Nortown
$2.28M
L'Amoreaux
$1.54M
Danforth Village-East York
$1000K

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 Rippleton Public School
75%
Rippleton Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$16,809/mo
$694KIncome needed
5.3×Price ÷ income
$3,879Weekly 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.

91%mortgage
Mortgage $16,809Property tax $1,599Total carry $18,408

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15,744per month

Mortgage amount $2,950,400 · 4.14% over 25 years

$737,600Down payment (20.0%)
$2,950,400Loan before insurance
$0CMHC premium
$17,344Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15,744
Property tax
$1,599
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17,344

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

One-time closing costs

Ontario land transfer tax
$78,675
Toronto municipal land transfer tax
$85,555
Estimated closing costs
$164,230

Plus your down payment of $737,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$19,123/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

$1,772,929Total interest paid
$4,723,329Total of all payments
Principal $2,950,400 Interest $1,772,929
YearPrincipalInterestBalance
1$69,118$119,815$2,881,282
2$72,009$116,924$2,809,274
3$75,021$113,912$2,734,253
4$78,159$110,774$2,656,094
5$81,428$107,505$2,574,666
6$84,834$104,099$2,489,832
7$88,383$100,551$2,401,449
8$92,079$96,854$2,309,370
9$95,931$93,002$2,213,439
10$99,944$88,989$2,113,495
11$104,124$84,809$2,009,371
12$108,480$80,454$1,900,891
13$113,017$75,916$1,787,874
14$117,744$71,189$1,670,130
15$122,669$66,264$1,547,461
16$127,801$61,133$1,419,660
17$133,146$55,787$1,286,514
18$138,716$50,218$1,147,798
19$144,518$44,415$1,003,280
20$150,563$38,370$852,718
21$156,861$32,073$695,857
22$163,422$25,511$532,435
23$170,258$18,676$362,178
24$177,379$11,554$184,799
25$184,799$4,135$0

At the end of your 5-year term

Total paid over the term
$944,666
Principal paid down
$375,734
Interest paid
$568,932
Balance remaining
$2,574,666

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
1.6%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.

2.4%
Gross yield
− Property tax $19,192− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $57,906

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

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