7 Chipstead Road, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13713312
About this home
In short
- Welcome to 7 Chipstead Road ------- Ideally located in the highly sought-after Denlow School District and prestigious Banbury neighbourhood.
- This solid and executive residence sits on a generous 60 x120ft, premium southern exposure land, a practical and comfortable layout, providing 2700 sq.ft (1st/2nd...
- The open-concept living area seamlessly combines the dining, and living room creating an ideal space for both daily living and entertaining Kitchen Combined Breakfast...
- The Layout Features On Second floor a Large Primary Bedroom with 4 Piece ensuite and Walk-In Closet.
- The newly-finished basement offers an open-spaces and functionality and versatility, providing flexibility for extended family living space.
*Welcome to 7 Chipstead Road ------- Ideally located in the highly sought-after Denlow School District and prestigious Banbury neighbourhood. This solid and executive residence sits on a generous 60 x120ft, premium southern exposure land, a practical and comfortable layout, providing 2700 sq.ft (1st/2nd floors) living space + professionally & fully-recently finished basement, and plenty of natural light throughout. This sun-filled residence offers timeless charm, generous living spaces, and outstanding potential in one of Toronto's most desirable neighbourhoods. The open-concept living area seamlessly combines the dining, and living room creating an ideal space for both daily living and entertaining Kitchen Combined Breakfast Area with a walkout to a lovely Green Garden. A nice Family room with a cozy fireplace adds to the charm of this house. Convenient main floor laundry room with. a side door entry and a powder room completes the functionality of this main floor. The circular stair case leads to the second floor with generously proportioned rooms. The Layout Features On Second floor a Large Primary Bedroom with 4 Piece ensuite and Walk-In Closet. The additional 3 Bedrooms present ample family living space with an additional bathroom. The newly-finished basement offers an open-spaces and functionality and versatility, providing flexibility for extended family living space. The brick facade presents the timeless curb appeal along with a long driveway to accommodate 4 cars and a double car garage. This house will tick all your boxes. With some of your personal touches this is a gem for you to build your family memories for the next foreseeable future.... Not to be Missed.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13713312
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 60 × 120 ft
- Cross streets
- W.Banbury Rd/S.York Mills Rd/E.Sandfield Rd
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $10,957 / 2025
- Days on market
- 34
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
laminate · pot lights · open concept
ceramic floor · closet
ceramic floor · overlooks backyard
laminate · window
centre island · stainless steel appl · open concept
laminate · closet
combined w/kitchen · open concept
ceramic floor · combined w/kitchen · w/o to yard
fireplace · open concept · w/o to patio
hardwood floor · overlooks backyard · open concept
hardwood floor · closet · window
hardwood floor · window · closet
hardwood floor · closet · window
4 pc ensuite · hardwood floor · walk-in closet(s)
hardwood floor · open concept · overlooks frontyard
ceramic floor · access to garage · side door
Listed at $2,777,000. 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 $2.67M, if it sells. A realistic range is $2.50M to $3.01M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $2.67M, from 21 recent closings in this pocket.
The market behind the math:
About 0.9 months of inventory: 6 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 $1,010/sqft against an area asking average of $833/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 $1.99M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
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.
Based on 21 comparable homes that sold in Banbury-Don Mills over the past two years, from 167 closings there.
For sale
For sale
For sale
For sale
For sale
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 $854/sqft; this home lists at $1,010/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 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: 8 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 $2,221,600 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $12,284
- Property tax
- $913
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13,197
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $55,900
- Toronto municipal land transfer tax
- $55,900
- Estimated closing costs
- $111,800
Plus your down payment of $555,400. 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
- $737,016
- Principal paid down
- $271,439
- Interest paid
- $465,578
- Balance remaining
- $1,950,161
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 37 whole-home leases in Banbury-Don Mills signed at a median of $6,092 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,179. 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.