55 Southwell Drive, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13764144
About this home
In short
- An EXCEPTIONAL OPPORTUNITY AWAITS In The Prestigious & Highly Sought After Denlow/Leslie/York Mills Neighbourhood.
- Showcasing Outstanding Curb Appeal This Treasured, Sun Filled Interior Enhanced By Skylight In Kitchen, 3 Bedroom Bungalow Has Been Lovingly Cared For By It's Owner...
- This Special Home Offers Endless Possibilities - MOVE-IN, RENOVATE OR BUILD THE CUSTOM HOME OF YOUR DREAMS In One Of Toronto's Most Desirable Communities.
- Easy Access To Hwy 401, 404, 407, Dvp, Ttc, Go Train & Subway Are Minutes Away.
Wow! An EXCEPTIONAL OPPORTUNITY AWAITS In The Prestigious & Highly *Sought After* Denlow/Leslie/York Mills Neighbourhood! Showcasing Outstanding Curb Appeal This Treasured, Sun Filled Interior Enhanced By Skylight In Kitchen, 3 Bedroom Bungalow Has Been Lovingly Cared For By It's Owner For Over 50 Years & Rests Upon An Impressive PREMIUM 60' X 100' LOT With An Exceptionally Private Backyard Oasis - A Peaceful Retreat Surrounded By Mature Trees & Greenery! Located On An Impressive Street Lined With Many Magnificent Multi-Million-Dollar-Homes,! This Special Property Offers The Added Warmth Of A Close-knit Community & Wonderful Neighbours! One Of The Neighbourhood's GREATEST DRAWS Is Its HIGHLY COVETED SCHOOL DISTRICT, Offering Access To The Sought-After Rippleton Public School, Windfields Middle School & York Mills Collegiate - An Exceptional Advantage For Growing Families! This Special Home Offers Endless Possibilities - MOVE-IN, RENOVATE OR BUILD THE CUSTOM HOME OF YOUR DREAMS In One Of Toronto's Most Desirable Communities! Enjoy An Exceptional Lifestyle Just Steps From Beautiful Parks, Tennis At Banbury Community Centre, Children's Playground, Walking Trails, Minutes From Edwards Gardens, Fabulous Shopping At Shops At Don Mills, Fairview Mall & Many Fine Dining Choices, The Keg Close-by! Longo's Plaza & Everyday Conveniences Are Also Close At Hand! Easy Access To Hwy 401, 404, 407, Dvp, Ttc, Go Train & Subway Are Minutes Away! Don't Let This RARE OFFERING Slip Away - Opportunities In This Neighbourhood Are Seldom Available!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13764144
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 60 × 100 ft
- Cross streets
- Leslie/Denlow/Southwell
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $8,627 / 2025
- Days on market
- 1
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
above grade window · closet · broadloom
combined w/workshop · above grade window
hardwood floor · window
fireplace · above grade window
hardwood floor · his and hers closets · overlooks backyard
hardwood floor · bay window · overlooks backyard
hardwood floor · fireplace · picture window
hardwood floor · window
closet · broadloom
skylight · overlooks backyard
Listed at $1,100,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.21M, typically $1.04M to $1.31M. Comparable closings on their own put this home around $1.47M, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.
Second read, from the city assessment: $1.46M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.
Total price vs nearby homes. Fair value about $1.21M, median of 40 comparables.
The market behind the math:
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.
Price per square foot: this home lists at $846/sqft against an area asking average of $1,222/sqft. Size and $/sqft both feed the estimate above.
How this estimate is builtthe short version
I take the 40 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.46M, a bit higher.
What the listing highlights3 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
- 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
Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 40 comparable homes that sold in Banbury-Don Mills over the past two years, from 162 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing 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 $1.47M, which is where my estimate comes from.
Per square foot, these ask about $1,180/sqft; this home lists at $846/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 7 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: 12 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
Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $880,000 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,744
- Property tax
- $719
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,463
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,475
- Toronto municipal land transfer tax
- $18,475
- Estimated closing costs
- $36,950
Plus your down payment of $220,000. 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
- $284,651
- Principal paid down
- $110,755
- Interest paid
- $173,896
- Balance remaining
- $769,245
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 47 whole-home leases in Banbury-Don Mills signed at a median of $4,074 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,871. 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 ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.