1 Versailles Court, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13695468

$3,388,888
For Sale
Listed 40 days agoNo offer date stated
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4+1Bedrooms
7Bathrooms
3Garage · 9 parking
3500-5000Sq ft

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

StudyGround4.44 × 3.39 m

panelled · hardwood floor · b/i bookcase

Family RoomBasement8.03 × 6.70 m

wet bar · 4 pc bath · pot lights

Bedroom 4Second4.56 × 3.92 m

semi ensuite · hardwood floor · closet

Primary BedroomSecond7.11 × 5.92 m

combined w/sitting · hardwood floor · ensuite bath

Living RoomGround4.32 × 7.10 m

gas fireplace · hardwood floor · wainscoting

Family RoomGround5.76 × 4.02 m

w/o to yard · fireplace · hardwood floor

Bedroom 3Second4.72 × 3.92 m

semi ensuite · hardwood floor · walk-in closet(s)

Bedroom 2Second4.31 × 5.18 m

ensuite bath · hardwood floor · walk-in closet(s)

KitchenGround5.90 × 5.41 m

family size kitchen · breakfast area · w/o to deck

SittingSecond6.07 × 4.75 m

hardwood floor · gas fireplace

RecreationBasement3.96 × 7.82 m

3 pc bath · sauna · pot lights

Dining RoomGround4.32 × 5.61 m

overlooks garden · hardwood floor · crown moulding

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.26Mlikely sale price

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.
List price
$3.05MBelow recent closings$3.67MAbove recent closings

Total price vs nearby homes. Likely closing about $3.26M, from 21 recent closings in this pocket.

The market behind the math:

21sold nearby · 90 days
$2.00Mmedian sold price
94%of asking, on average
−8%prices vs a year ago
~35 dayshomes like this take to sell
40days on market so far
$7,093/moest. rent · 23 leases
2.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

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.

What sellers nearby are askingCurrently listed nearby in Banbury-Don Mills · asking prices
$4.00Mavg asking

The 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 homes
3.39MThis home3.45M3.49M3.70M4.56M4.79MThis home vs active comparables

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.

St. Andrew-Windfields
$8.80M
Willowdale West
$1.30M
Tam O'Shanter-Sullivan
$1.17M
Danforth Village-East York
$1.17M
High Park-Swansea
$2.20M

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 Harrison Public School
82%
Harrison Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 82% meet the provincial standard
Park Lane Public SchoolEQAO results not published
Also nearby: 11 more schools within 2.5 km
Windfields Middle School · Public elementary0.8 km · 91% at standard
Denlow Public School · Public elementary1.0 km · 90% at standard
St Andrew's Middle School · Public elementary1.2 km · 81% at standard
Owen Public School · Public elementary1.4 km · 59% at standard
Dunlace Public School · Public elementary1.4 km · 69% at standard
Rippleton Public School · Public elementary1.6 km · 75% at standard
Avondale Alternative Elementary School · Public elementary2.2 km · 94% at standard
Avondale Public School · Public elementary2.2 km · 70% at standard
Norman Ingram Public School · Public elementary2.4 km · 65% at standard
Elkhorn Public School · Public elementary2.4 km · 85% at standard
St Gabriel Catholic School · Catholic elementary2.4 km · 70% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$15,445/mo
$648KIncome needed
5.2×Price ÷ income
$3,564Weekly cost
$146,283Land transfer tax, one-time (Ontario + Toronto)
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.

90%mortgage
Mortgage $15,445Property tax $1,735Total carry $17,180

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$14,990per month

Mortgage amount $2,711,110 · 4.49% over 25 years

$677,778Down payment (20.0%)
$2,711,110Loan before insurance
$0CMHC premium
$16,725Total monthly cost

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

6.49%Qualifying rate
$18,143/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

$1,785,948Total interest paid
$4,497,058Total of all payments
Principal $2,711,110 Interest $1,785,948
YearPrincipalInterestBalance
1$60,500$119,382$2,650,610
2$63,247$116,635$2,587,363
3$66,119$113,763$2,521,243
4$69,121$110,761$2,452,122
5$72,260$107,623$2,379,863
6$75,540$104,342$2,304,322
7$78,970$100,912$2,225,352
8$82,556$97,327$2,142,796
9$86,304$93,578$2,056,492
10$90,223$89,660$1,966,269
11$94,319$85,563$1,871,950
12$98,602$81,281$1,773,348
13$103,079$76,804$1,670,270
14$107,759$72,124$1,562,511
15$112,651$67,231$1,449,860
16$117,766$62,116$1,332,093
17$123,113$56,769$1,208,980
18$128,703$51,179$1,080,277
19$134,547$45,336$945,730
20$140,656$39,227$805,074
21$147,042$32,840$658,032
22$153,718$26,164$504,314
23$160,698$19,184$343,616
24$167,994$11,888$175,622
25$175,622$4,261$0

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.

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
From 23 whole-home leases in Banbury-Don Mills$7,093/mo
$85,116Gross annual rent
1.6%Cap rate after taxes and upkeep
$6,738 to $8,678Typical rent range
~39 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The 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.

2.5%
Gross yield
− Property tax $20,817− Insurance $1,400− Vacancy & upkeep $9,363Net operating income $53,536

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

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