1 Versailles Court, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13695468
About this home
In short
- Exceptional Opportunity To Own A Beautifully Updated Luxury Home in Prestigious Bayview & York Mills, With Many Recent Renovations.
- Situated on an exclusive cul-de-sac in one of Toronto's most prestigious neighbourhoods, 1 Versailles Court offers an extraordinary living experience, with numerous...
- This luxurious 4 + 1 bedroom, 7 bathroom home has undergone an impressive series of renovations; every detail thoughtfully considered for today's discerning buyer.
- New professional front & rear landscaping and rear fencing create the perfect private backyard oasis, while updated interior and exterior lighting enhance the...
- The gourmet kitchen, complete with centre island and bright breakfast area, adjoins the family room with fireplace, creating an inviting atmosphere for everyday...
Exceptional Opportunity To Own A Beautifully Updated Luxury Home in Prestigious Bayview & York Mills, With Many Recent Renovations. Situated on an exclusive cul-de-sac in one of Toronto's most prestigious neighbourhoods, 1 Versailles Court offers an extraordinary living experience, with numerous recent renovations and updates seamlessly integrated with classic design and timeless elegance. This luxurious 4 + 1 bedroom, 7 bathroom home has undergone an impressive series of renovations; every detail thoughtfully considered for today's discerning buyer. Highlights of the 2025/2026 updates include 7 newly renovated luxury bathrooms, offering spa-like retreats with high-end finishes, beautiful fixtures and thoughtful design, as well as a fully renovated main floor laundry room. New professional front & rear landscaping and rear fencing create the perfect private backyard oasis, while updated interior and exterior lighting enhance the sophisticated ambiance. Numerous additional enhancements throughout ensure that this home is as striking as it is livable. With approximately 4,879 square feet of above-grade living space, plus an additional 2,350 square feet in the lower level, this residence offers ample room for family life, work and play. The expansive main floor is designed with elegance and functionality in mind, featuring grand entertaining spaces that flow effortlessly into one another, perfect for both large gatherings and intimate family moments. The gourmet kitchen, complete with centre island and bright breakfast area, adjoins the family room with fireplace, creating an inviting atmosphere for everyday living and opening to the beautifully landscaped private garden with gazebo. The upper level features 4 generous bedrooms and 3 luxurious bathrooms, including an expansive primary suite with spacious sitting area with fireplace, dressing area & closet, and a spa-like newly renovated luxury ensuite.A truly exceptional home in a prime Bayview & York Mills location.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13695468
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 7 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 105 × 104 ft
- Cross streets
- York Mills/Bayview
- Parking
- 3 garage · 9 parking (built-in)
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $20,817 / 2026
- Days on market
- 40
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
panelled · hardwood floor · b/i bookcase
wet bar · 4 pc bath · pot lights
semi ensuite · hardwood floor · closet
combined w/sitting · hardwood floor · ensuite bath
gas fireplace · hardwood floor · wainscoting
w/o to yard · fireplace · hardwood floor
semi ensuite · hardwood floor · walk-in closet(s)
ensuite bath · hardwood floor · walk-in closet(s)
family size kitchen · breakfast area · w/o to deck
hardwood floor · gas fireplace
3 pc bath · sauna · pot lights
overlooks garden · hardwood floor · crown moulding
Listed at $3,388,888. 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 $3.26M, if it sells. A realistic range is $3.05M to $3.67M.
Independent value check: $3.91M. Without looking at the asking price, our model values the home itself about 15% above the ask (homes like it typically land between $3.67M and $4.10M).
Why $3.91M. 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 $20,817 a year; the typical home sold here pays about $11,900.
- ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises it strongly4+1 bedrooms and 7 baths, against 4+1 and 4 typically.
- ▲ Raises it slightly3 garage and 9 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $3.26M, from 21 recent closings in this pocket.
The market behind the math:
About 2.3 months of inventory: 16 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 $797/sqft against an area asking average of $1,154/sqft.
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 $3.21M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- 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
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
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.
For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $940/sqft; this home lists at $797/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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: 11 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 $2,711,110 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,990
- Property tax
- $1,735
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $16,725
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $71,197
- Toronto municipal land transfer tax
- $75,086
- Estimated closing costs
- $146,283
Plus your down payment of $677,778. 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
- $899,412
- Principal paid down
- $331,248
- Interest paid
- $568,164
- Balance remaining
- $2,379,863
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 23 whole-home leases in Banbury-Don Mills signed at a median of $6,537 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,093. 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 RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.