40 Tottenham Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13556548

$2,799,000
For Sale
Listed 4 days ago
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2Bedrooms
5Bathrooms
5Garage · 15 parking
3500-5000Sq Ft

About this home

An Unparalleled Opportunity to Own an Imaginative and Inspiring Architectural Masterpiece ready to have the interior completed, with your tastes. This uniquely designed modern luxury residence is a true architectural landmark, perfectly positioned beside lush green space and parks in the prestigious Banbury-Don Mills neighbourhood. Set on a remarkable piano-shaped lot of approximately 14,558.7 sq. ft., this distinguished home offers approximately 11,246 sq. ft. of luxurious living space, including storage and accessory building areas. Designed for both grand entertaining and comfortable family living, the home features 2 spacious bedrooms, In-Law suite ready with separate entrance, 2 additional flexible rooms ideal for offices, guest suites, or hobby spaces, and 6 bathrooms. Highlights include the breathtaking "Paradise Great Room," an expansive open-concept kitchen, recreation room, wet bar, sauna, spa, and a wide-view balcony overlooking tranquil surroundings. Includes two laundry rooms and two mechanical rooms with 400-amp electrical service. A gas line has been installed, and the home has been configured to accommodate future furnace and air conditioning installation, offering flexibility for buyers to complete the mechanical systems to their own specifications. Detached 600 Sq. Ft. garage/garden suite potential, Grounds are professionally landscaped grounds are complemented by a spacious deck, electrically operated gates and fencing, an 8-camera security monitoring system, and EV (3) charging capability. Ideally located just minutes from Edwards Gardens, Sunnybrook Park, scenic trails, the Eglinton LRT, shopping, major highways, and downtown Toronto. Situated within the catchment area for highly regarded schools, including Don Mills CI and St. Bonaventure Catholic School. A rare opportunity for discerning buyers to personalize an exceptional residence and create their ultimate dream home.

Key facts

Property type
Detached, 2-Storey
MLS®
C13556548
Bedrooms
2
Bathrooms
5 (2 half)
Size
3500-5000
Lot
< .50 ac
Cross streets
Lawrence Ave. E./Leslie St.
Parking
5 garage · 15 parking (attached)
Driveway
Circular Drive
Basement
Full, Unfinished
Heating
Forced Air
A/C
None
Exterior
Concrete
Foundation
Concrete
Roof
Flat
Sewer
Sewer
Property tax
$8,947 / 2026
Days on market
4
Listing brokerage
GOWEST REALTY LTD.

Rooms

OtherMain7.44 × 7.01 m
RecreationSecond5.96 × 5.61 m
BathroomBasement0.00 × 0.00 m
RecreationBasement8.78 × 5.63 m
Great RoomMain8.61 × 5.25 m
Primary BedroomSecond6.57 × 4.57 m

5 pc ensuite · walk-in closet(s)

BedroomSecond4.82 × 4.26 m

4 pc ensuite · walk-in closet(s)

BathroomSecond0.00 × 0.00 m

5 Pc Ensuite

SittingSecond4.82 × 4.03 m
LaundrySecond2.26 × 2.05 m
LaundryMain1.77 × 2.43 m
BathroomSecond0.00 × 0.00 m

3 Pc Bath

OtherMain3.40 × 1.85 m
OtherBasement10.49 × 6.73 m
BreakfastMain4.54 × 4.11 m

combined w/kitchen · w/o to deck

BathroomSecond0.00 × 0.00 m

4 Pc Ensuite

BathroomMain0.00 × 0.00 m

2 Pc Bath

Game RoomBasement11.98 × 7.36 m
KitchenMain4.54 × 4.11 m

Combined w/Dining

BathroomMain0.00 × 0.00 m

2 Pc Bath

OtherBasement7.23 × 2.08 m
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Don Mills Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Leslie St at Marshfield Crt is about a 1-minute walk away.

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.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Income potential
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$6.00Mavg asking

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

14 Banbury Road$6.00M

The 1 closest active listing nearby.

See all comparable homes
2.80MThis home6.00MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $1.79M
$659this home / sqft
6active listings nearby
4days on market

3 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

69/ 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: Leslie St at Marshfield Crt, about 85 m away

20+ transit stops3 grocery20+ dining20+ parks7 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
Wexford-Maryvale
$865K
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M
Cliffcrest
$1.51M

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 Norman Ingram Public School
65%
Norman Ingram Public SchoolPublic · Elementary · 0.9 km awayBelow the GTA average · 65% meet the provincial standard

Affordability & Mortgage

Affordability
$12,757/mo
$510KIncome needed
5.5×Price ÷ income
$2,944Weekly 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.

94%mortgage
Mortgage $12,757Property tax $746Total carry $13,502

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)
$11,949per month

Mortgage amount $2,239,200 · 4.14% over 25 years

$559,800Down payment (20.0%)
$2,239,200Loan before insurance
$0CMHC premium
$12,695Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,949
Property tax
$746
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12,695

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

One-time closing costs

Ontario land transfer tax
$56,450
Toronto municipal land transfer tax
$56,450
Estimated closing costs
$112,900

Plus your down payment of $559,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,513/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

$1,345,561Total interest paid
$3,584,761Total of all payments
Principal $2,239,200 Interest $1,345,561
YearPrincipalInterestBalance
1$52,457$90,934$2,186,743
2$54,651$88,740$2,132,092
3$56,937$86,454$2,075,155
4$59,318$84,072$2,015,837
5$61,800$81,591$1,954,037
6$64,385$79,006$1,889,653
7$67,078$76,313$1,822,575
8$69,884$73,507$1,752,691
9$72,807$70,584$1,679,885
10$75,852$67,538$1,604,033
11$79,025$64,366$1,525,008
12$82,330$61,060$1,442,678
13$85,774$57,616$1,356,904
14$89,362$54,029$1,267,542
15$93,100$50,291$1,174,442
16$96,994$46,396$1,077,448
17$101,051$42,339$976,397
18$105,278$38,113$871,119
19$109,681$33,709$761,438
20$114,269$29,121$647,168
21$119,049$24,341$528,119
22$124,029$19,362$404,091
23$129,217$14,174$274,874
24$134,622$8,769$140,253
25$140,253$3,138$0

At the end of your 5-year term

Total paid over the term
$716,952
Principal paid down
$285,163
Interest paid
$431,789
Balance remaining
$1,954,037

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
2.4%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.

3.2%
Gross yield
− Property tax $8,947− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $68,151

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

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