3 Cicada Court, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13714328

$3,188,000
For Sale
Listed 34 days agoNo offer date stated
5+2Bedrooms
6Bathrooms
2.5Garage · 8 parking
3000-3500Sq ft

About this home

In short

  • Welcome to this exceptional 5 + 2 bedroom, 6 bathroom two storey home, perfectly tucked away on a quiet, child save cul de sac in a highly desirable community and...
  • Outside, beautifully landscaped grounds provide privacy and easy maintenance, while a rare three car garage and an abundance of additonal parking make this home...
  • Step outside your door and enjoy an easy walk to Edwards Gardens, parks, schools and transit, with convenient access to some of the city's finest private schools...

Welcome to this exceptional 5 + 2 bedroom, 6 bathroom two storey home, perfectly tucked away on a quiet, child save cul de sac in a highly desirable community and school district. Rarely does a home offer this much space, value, privacy and versatility in such a sought after prestigioius neighbourhood. Designed with family in mind, the spacious second floor features five generously sized bedrooms, including two bedrooms with private ensuites, two additional bedrooms that share a large ensuite bathroom, and a fifth bedroom with a conveniently located bathroom in the hall. The main floor offers a beautiful wood panelled office, spacious family room and generous principal living spaces, creating the perfect balance of comfort, functionality and elegance. The expansive lower level adds exceptional versatility, with a large recreation room, kitchen, two additonal bedrooms, storage areas and a walk out. Ideal for multigenerational living, extended family, guests or a private suite, this space offers endless possibilities. Outside, beautifully landscaped grounds provide privacy and easy maintenance, while a rare three car garage and an abundance of additonal parking make this home exceptionally practical for a large or active family. Step outside your door and enjoy an easy walk to Edwards Gardens, parks, schools and transit, with convenient access to some of the city's finest private schools, shopping, and major highways. This is an exciting opportunity to own a truly special family home in an outstanding location..spacious, private, versatile and designed to grow with you.

Key facts

Property type
Detached, 2-Storey
MLS®
C13714328
Bedrooms
5+2 (7 total)
Bathrooms
6 (1 half)
Size
3000-3500 sq ft
Lot
60 × 106.9 ft
Cross streets
Banbury Rd & Lawrence Ave E
Parking
2.5 garage · 8 parking (attached)
Driveway
Private Triple
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,945 / 2026
Days on market
34
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenBasement2.79 × 3.12 m

eat-in kitchen · b/i appliances · ceramic floor

BedroomBasement3.45 × 3.78 m

closet · broadloom

RecreationBasement5.56 × 3.15 m

w/o to patio · fireplace · broadloom

LaundryBasement3.23 × 3.33 m

Ceramic Floor

KitchenMain3.40 × 3.32 m

eat-in kitchen · overlooks backyard · large window

Bedroom 3Second4.32 × 3.78 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

OfficeMain3.38 × 3.10 m

hardwood floor · panelled · b/i bookcase

BreakfastMain4.60 × 3.71 m

w/o to patio · large window · pantry

FoyerMain6.53 × 2.21 m

double closet · wainscoting · granite floor

Bedroom 4Second3.35 × 3.96 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Bedroom 5Second3.28 × 3.91 m

hardwood floor · 4 pc ensuite · walk-in closet(s)

Dining RoomMain3.63 × 3.81 m

hardwood floor · large window · pot lights

Exercise RoomBasement2.84 × 4.57 m

Broadloom

Family RoomMain5.87 × 3.68 m

hardwood floor · large window · wainscoting

Primary BedroomSecond6.53 × 3.96 m

6 pc ensuite · hardwood floor · walk-in closet(s)

Living RoomMain4.88 × 3.81 m

hardwood floor · picture window · pot lights

Bedroom 2Second3.96 × 3.78 m

hardwood floor · double closet · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.06Mlikely sale price

Listed at $3,188,000. 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 $3.06M, if it sells. A realistic range is $2.87M to $3.45M.

Independent value check: $2.67M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $2.50M and $2.80M).

Why $2.67M. 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 $15,945 a year; the typical home sold here pays about $11,900.
  • ▲ Raises it slightly5+2 bedrooms and 6 baths, against 4+1 and 4 typically.
  • ▲ Raises it slightlyIt is 3,000 to 3,500 sq ft; the typical home sold here is 2,500 to 3,000.
  • ▲ Raises it slightly2.5 garage and 8 total parking spaces, against 2 and 6 typically.
List price
$2.87MBelow recent closings$3.45MAbove recent closings

Total price vs nearby homes. Likely closing about $3.06M, 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
34days on market so far
$6,655/moest. rent · 20 leases
2.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 7 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 $981/sqft against an area asking average of $956/sqft.

  • Walk-out basement apartment features. A finished 2 bed walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. In Banbury-Don Mills basements rarely rent out (7 of 155 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $2.39M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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

Priced above comparable homes overall, but the price per square foot ($981/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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
$3.70Mavg asking

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 $2.67M, which is where my estimate comes from.

Per square foot, these ask about $915/sqft; this home lists at $981/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 7 active listings nearby.

See all comparable homes
3.19MThis home3.95M2.99M3.60M3.79M4.20MThis 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
Danforth Village-East York
$1.17M
Tam O'Shanter-Sullivan
$1.17M
Willowdale West
$1.30M
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 Rippleton Public School
75%
Rippleton Public SchoolPublic · Elementary · 0.2 km awayAbove the GTA average · 75% meet the provincial standard
Also nearby: 8 more schools within 2.5 km
Norman Ingram Public School · Public elementary0.7 km · 65% at standard
Denlow Public School · Public elementary0.8 km · 90% at standard
Park Lane Public School · Public elementary1.4 km
Don Mills Collegiate Institute · Public secondary1.6 km · 68% at standard
Greenland Public School · Public elementary1.7 km · 71% at standard
Three Valleys Public School · Public elementary2.1 km · 71% at standard
Windfields Middle School · Public elementary2.1 km · 91% at standard
Harrison Public School · Public elementary2.5 km · 82% at standard

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

Affordability & Mortgage

Affordability
$14,530/mo
$598KIncome needed
5.3×Price ÷ income
$3,353Weekly cost
$134,230Land 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.

92%mortgage
Mortgage $14,530Property tax $1,329Total carry $15,859

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)
$14,102per month

Mortgage amount $2,550,400 · 4.49% over 25 years

$637,600Down payment (20.0%)
$2,550,400Loan before insurance
$0CMHC premium
$15,430Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$14,102
Property tax
$1,329
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$15,430

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

One-time closing costs

Ontario land transfer tax
$66,175
Toronto municipal land transfer tax
$68,055
Estimated closing costs
$134,230

Plus your down payment of $637,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$17,068/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

$1,680,080Total interest paid
$4,230,480Total of all payments
Principal $2,550,400 Interest $1,680,080
YearPrincipalInterestBalance
1$56,914$112,305$2,493,486
2$59,498$109,721$2,433,988
3$62,200$107,020$2,371,788
4$65,024$104,195$2,306,764
5$67,976$101,243$2,238,788
6$71,062$98,157$2,167,726
7$74,289$94,930$2,093,437
8$77,662$91,557$2,015,775
9$81,188$88,031$1,934,586
10$84,874$84,345$1,849,712
11$88,728$80,491$1,760,984
12$92,757$76,462$1,668,227
13$96,968$72,251$1,571,259
14$101,371$67,848$1,469,888
15$105,974$63,246$1,363,914
16$110,785$58,434$1,253,129
17$115,815$53,404$1,137,314
18$121,074$48,145$1,016,240
19$126,571$42,648$889,669
20$132,318$36,901$757,351
21$138,326$30,894$619,025
22$144,606$24,613$474,419
23$151,172$18,047$323,247
24$158,036$11,183$165,211
25$165,211$4,008$0

At the end of your 5-year term

Total paid over the term
$846,096
Principal paid down
$311,612
Interest paid
$534,484
Balance remaining
$2,238,788

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 20 whole-home leases in Banbury-Don Mills$6,655/mo
$79,860Gross annual rent
1.7%Cap rate after taxes and upkeep
$5,999 to $7,500Typical rent range
~39 daysTo find a tenant, on average

About the suite: in Banbury-Don Mills basements rarely rent out (7 of 155 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.

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 20 whole-home leases in Banbury-Don Mills signed at a median of $6,257 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,655. 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 $15,945− Insurance $1,400− Vacancy & upkeep $8,785Net operating income $53,731

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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