14 Tremont Crescent, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13643624
About this home
In short
- With nearly 6000 sqft of finished space, this beautifully reimagined family residence offers timeless design and an extraordinary ravine setting that together in one...
- The sun-filled main level is designed for both everyday living and effortless entertaining, featuring wide-plank hardwood flooring, elegant finishes, and a seamless...
- The adjoining dining and living spaces flow effortlessly together, while expansive windows frame the beautiful ravine backdrop, filling the home with natural light.
- Step outside to your own private backyard oasis where nature becomes an extension of the home.
- Enjoy morning coffee overlooking the ravine, entertain family and friends, or step directly onto the Don Mills Trail for a walk, run, or bike ride.
Welcome to 14 Tremont Crescent. With nearly 6000 sqft of finished space, this beautifully reimagined family residence offers timeless design and an extraordinary ravine setting that together in one exceptional offering. Backing directly onto the picturesque Don Mills Trail system, this home offers the rare experience of cottage-inspired living in the heart of the city. Mature trees, tranquil woodland views, and scenic walking trails create a peaceful escape while remaining moments from every urban convenience. The sun-filled main level is designed for both everyday living and effortless entertaining, featuring wide-plank hardwood flooring, elegant finishes, and a seamless open-concept layout. At the heart of the home, the custom kitchen showcases premium cabinetry, stone countertops, stainless steel appliances, and an oversized island that naturally becomes the gathering place for family and guests alike. The adjoining dining and living spaces flow effortlessly together, while expansive windows frame the beautiful ravine backdrop, filling the home with natural light. Upstairs, spacious bedrooms provide peaceful retreats, complemented by bathrooms that blend contemporary style with quality craftsmanship. The finished lower level offers exceptional flexibility with additional living space ideal for a recreation room, home office, fitness area, or guest accommodations. Step outside to your own private backyard oasis where nature becomes an extension of the home. Enjoy morning coffee overlooking the ravine, entertain family and friends, or step directly onto the Don Mills Trail for a walk, run, or bike ride. This remarkable setting offers the tranquillity of cottage living without ever leaving the city. Situated in a sought-after family neighbourhood close to top-rated schools, parks, shopping, restaurants, transit, and major commuter routes.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13643624
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 57 × 135 ft
- Cross streets
- Lawrence Ave E and Leslie St
- Parking
- 2 garage · 5 parking (built-in)
- Driveway
- Private
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $18,316 / 2026
- Days on market
- 54
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
centre island · granite counters · b/i appliances
w/o to yard · tile floor · pot lights
formal rm · wainscoting · hardwood floor
tile floor · pot lights · window
open concept · hardwood floor · bay window
4 pc ensuite · walk-in closet(s) · overlooks frontyard
gas fireplace · 4 pc ensuite · overlooks frontyard
3 pc ensuite · walk-in closet(s) · hardwood floor
w/o to balcony · 4 pc ensuite · walk-in closet(s)
6 pc ensuite · his and hers closets · crown moulding
b/i bookcase · hardwood floor · overlooks frontyard
w/o to deck · gas fireplace · b/i shelves
3 pc bath · crown moulding · closet
b/i shelves · tile floor
Listed at $3,788,000. Going by how homes in Banbury-Don Mills and the wider GTA have actually closed against their asking prices (about 96%, 21 local closings in 90 days), the likely sale price is near $3.64M, if it sells. A realistic range is $3.41M to $4.10M.
Independent value check: $3.20M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $3.00M and $3.35M).
Why $3.20M. The typical detached home sold in Banbury-Don Mills over the past year went for about $2.30M (83 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $18,316 a year; the typical home sold here pays about $11,900.
- ▲ Raises it strongly5+1 bedrooms and 7 baths, against 4+1 and 4 typically.
- ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
Longer on the market than typical. 54 days on the market against about 34 for homes like it here, and asking 18% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $3.64M, from 21 recent closings in this pocket.
The market behind the math:
About 2.7 months of inventory: 19 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $891/sqft against an area asking average of $1,154/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. The ravine backing is priced into the comparison. How much it is really worth depends on whether the house sits on table land with the slope well behind it, or drops away right behind it, and that part is my in-person call.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.88M. Condition and finishes remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($891/sqft) is below the area, so you are paying for extra space rather than a premium.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
Based on 21 comparable homes that sold in Banbury-Don Mills over the past two years, from 167 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $3.20M, which is where my estimate comes from.
Per square foot, these ask about $1,149/sqft; this home lists at $891/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
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.
Also nearby: 9 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $3,030,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $16,756
- Property tax
- $1,526
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,282
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $81,175
- Toronto municipal land transfer tax
- $89,055
- Estimated closing costs
- $170,230
Plus your down payment of $757,600. 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
- $1,005,336
- Principal paid down
- $370,259
- Interest paid
- $635,077
- Balance remaining
- $2,660,141
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 numbersThe last 20 whole-home leases in Banbury-Don Mills signed at a median of $6,642 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,280. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.