16 Ballyronan Road, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13712652

$4,288,000
For Sale
Just listed today
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6Bedrooms
7Bathrooms
2Garage · 6 parking
3500-5000Sq Ft

About this home

An Outstanding 5-Ensuite Contemporary Custom Home In The Prestigious York Mills-Banbury Neighborhood.Nestled On A Premium Lot With A Near 70Ft Frontage And Spanning Apprx 6000 Sq.Ft. Of Living Perfection, This Bright, Light-Filled Masterpiece Is Defined By Soaring Ceilings, Masterful Artisan Craftsmanship, And An Abundance Of Natural Light.The Grand Main Floor Welcomes You With Impressive 11Ft Ceilings And A Designer-Famed, Exquisite Fireplace Feature Wall To Impress Your Guests Upon Arrival. Crafted For The Culinary Enthusiast, The Vast Gourmet Kitchen Boasts Contemporary Natural-Toned Cabinetry, Top-Of-The-Line Built-In Wolf Appliances, And Sub-Zero Refrigerator/Freezer. A Fully Enclosed Secondary Prep/Wok Kitchen Serves As The Perfect Hidden Servery. The Home Offers 5 Exquisite Bedrooms, Each Paired With Its Own Private Ensuite. The Ingenious Multi-Level Layout Ensures Ultimate Privacy, While The 5Th Bedroom Easily Transforms Into A Stately Executive Office Or Library. The Beautifully Appointed Primary Retreat Overlooks The Pristine Yard, Complete With A Generous Walk-In Closet And A Spa-Like Ensuite With Heated Floors.The Spectacular Walk-Out Lower Level Is An Entertainer's Dream, Featuring Heated Floors, A Full Wet Bar With Custom Cabinetry, And An Open-Concept Fitness Area With A Walk-Out Patio To Effortlessly Expand Your Outdoor Workout Or Step Out For Some Fresh Air. This Level Also Includes A Versatile Nanny Suite Or Studio With A Separate Powder Room And Shower.Situated In A Highly Sought-After, Affluent Neighborhood With Excellent Energy And Top-Tier Educational Assets. Zoned For Ontario's Top-Ranked High School: York Mills C.I., And Just Minutes To World-Class Private Schools Including Tfs And Crescent School. Enjoy An Active Outdoor Lifestyle, Steps To Scenic Trails, Parks, Tennis Clubs, And The Iconic Edwards Gardens. Unrivaled Commuter Convenience With Quick Access To Highways 401/404. A True Masterpiece Of Style, Quality, And Location!

Key facts

Property type
Detached, 2-Storey
MLS®
C13712652
Bedrooms
6 (5 + 1)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
67.3 × 100.18 ft
Cross streets
Leslie and York Mills Rd
Parking
2 garage · 6 parking (built-in)
Basement
Finished, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$20,081 / 2025
Listing brokerage
RE/MAX REALTRON REALTY INC.
Our TakeTeam Asgarian · Broker
In the wider range
$4.61Mest. value

Listed at $4,288,000, and my independent estimate is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA.

In Banbury-Don Mills lately, sellers get about 94% of asking; homes sell in ~39 days.

List price
$3.79MGreat deal$5.28MOverpriced

Total price vs nearby homes. Fair value about $4.61M, median of 18 comparables.

  • Walk-out basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
How this estimate is builtthe short version

I take the 18 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $4.32M, a close match.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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
Schools & getting aroundcatchment and transit

Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 18 comparable homes nearby.

Comparable listingsCurrently listed nearby in Banbury-Don Mills · asking prices
$5.25Mavg asking

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

14 Tremont Crescent$3.79M20 Blaine Drive$5.00M6 Penwood Crescent$5.50M35 Longwood Drive$4.79M38 Misty Crescent$7.18M

The 5 closest active listings nearby.

See all comparable homes
4.29MThis home3.79M5.00M5.50M4.79M7.18MThis home vs active comparables
Live market pulseActive comparables in Banbury-Don Mills · median list $4.79M
$1,009this home / sqft
19active listings nearby
61sold nearby · 90 days
$2.20Mmedian sold price
94%of asking, on average

This home lists 13% below the area average of $1,164/sqft.

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.

Wexford-Maryvale
$929K
Newtonbrook East
$1.29M
Bedford Park-Nortown
$3.55M
Highland Creek
$1.93M
Woburn
$820K

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 · 1.0 km awayAbove the GTA average · 75% meet the provincial standard

Affordability & Mortgage

Affordability
$19,543/mo
$799KIncome needed
5.4×Price ÷ income
$4,510Weekly 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.

92%mortgage
Mortgage $19,543Property tax $1,673Total carry $21,217

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.

4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 26, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18,494per month

Mortgage amount $3,430,400 · 4.24% over 25 years

$857,600Down payment (20.0%)
$3,430,400Loan before insurance
$0CMHC premium
$20,167Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18,494
Property tax
$1,673
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$20,167

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

One-time closing costs

Ontario land transfer tax
$93,675
Toronto municipal land transfer tax
$109,435
Estimated closing costs
$203,110

Plus your down payment of $857,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$22,440/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

$2,117,701Total interest paid
$5,548,101Total of all payments
Principal $3,430,400 Interest $2,117,701
YearPrincipalInterestBalance
1$79,259$142,665$3,351,141
2$82,655$139,269$3,268,486
3$86,197$135,727$3,182,290
4$89,890$132,034$3,092,399
5$93,742$128,182$2,998,658
6$97,759$124,165$2,900,899
7$101,948$119,976$2,798,951
8$106,316$115,608$2,692,635
9$110,872$111,052$2,581,764
10$115,622$106,302$2,466,141
11$120,577$101,347$2,345,565
12$125,743$96,181$2,219,821
13$131,131$90,793$2,088,690
14$136,750$85,174$1,951,940
15$142,610$79,314$1,809,330
16$148,721$73,203$1,660,609
17$155,093$66,831$1,505,516
18$161,739$60,185$1,343,777
19$168,669$53,255$1,175,107
20$175,897$46,027$999,210
21$183,434$38,490$815,777
22$191,294$30,630$624,483
23$199,491$22,433$424,992
24$208,039$13,885$216,953
25$216,953$4,971$0

At the end of your 5-year term

Total paid over the term
$1,109,620
Principal paid down
$431,742
Interest paid
$677,878
Balance remaining
$2,998,658

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
1.3%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.

2.1%
Gross yield
− Property tax $20,081− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $57,017

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

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