56 Grangemill Crescent, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13770690

$1,495,000
For Sale
Listed 60 Days AgoSitting longer than typical
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3BedroomsBeds
1BathroomBath
1Garage · 3 Parking
3Parking
1100-1500Sq ft

Listed By Sage Real Estate Limited

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Key Facts

Property type
Detached, Sidesplit
Lot
51 × 118.46 ft
Basement
Crawl Space, Finished
Parking
1 garage · 3 parking (carport)
Property tax
$8,808 / 2026
Offer date
None stated
Cross streets
York Mills and Leslie
Days on market
60
All Facts And 10 Rooms, Floor By Floor
Property type
Detached, Sidesplit
MLS®
C13770690
Bedrooms
3
Bathrooms
1
Size
1100-1500 sq ft
Lot
51 × 118.46 ft
Cross streets
York Mills and Leslie
Parking
1 garage · 3 parking (carport)
Basement
Crawl Space, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,808 / 2026
Days on market
60
Offer date
None stated
Listing brokerage
Sage Real Estate Limited
RecreationLower4.16 × 6.69 m

concrete floor · fireplace · above grade window

KitchenMain2.71 × 3.57 m

eat-in kitchen · galley kitchen · w/o to garage

Living RoomMain6.83 × 4.68 m

hardwood floor · combined w/dining · w/o to garden

OtherLower9.00 × 4.45 m

Concrete Floor

FoyerMain3.47 × 1.10 m

mirrored closet · hardwood floor · tile floor

Bedroom 3Main2.74 × 2.77 m

hardwood floor · closet · window

Utility RoomLower2.67 × 6.69 m

concrete floor · combined w/workshop · combined w/laundry

Bedroom 2Main2.71 × 3.97 m

hardwood floor · closet · window

Primary BedroomMain3.52 × 3.98 m

hardwood floor · mirrored closet · window

Dining RoomMain6.83 × 4.68 m

hardwood floor · combined w/living · vaulted ceiling(s)

About This Home

From The Listing Description By Sage Real Estate Limited

In short

  • A Fresh Start at 56 Grangemill.
  • A bright and spacious living and dining area with vaulted ceiling adds architectural character and an airy feel, while the eat-in kitchen and three bedrooms provide a...
  • Set on a mature lot with a private backyard, carport and private drive.
  • Ideally located close to excellent schools, parks and ravine trails, shopping, transit, major highways and all the amenities of Don Mills.
  • A great opportunity for buyers, downsizers, renovators or builders looking for a home with plenty of potential in a well-established neighbourhood. some photos have...
Read The Full Description

New Look. New Price. A Fresh Start at 56 Grangemill! First time offered in over 60 years, this classic 3-bedroom bungalow has recently undergone a thoughtful refresh and is ready for its next owner. Freshly painted inside and out, with wallpaper and broadloom removed and new kitchen flooring, the home is brighter, cleaner and ready to enjoy while you plan what comes next. A bright and spacious living and dining area with vaulted ceiling adds architectural character and an airy feel, while the eat-in kitchen and three bedrooms provide a comfortable main-floor layout. The full lower level offers plenty of additional living space and possibilities. Move in, update over time, or bring your contractor and your vision! Set on a mature lot with a private backyard, carport and private drive. Ideally located close to excellent schools, parks and ravine trails, shopping, transit, major highways and all the amenities of Don Mills. A great opportunity for buyers, downsizers, renovators or builders looking for a home with plenty of potential in a well-established neighbourhood. ***some photos have been digitally altered with furniture added***

Our Take

Team Asgarian, RE/MAX Hallmark Realty Ltd.
A discount is likely
$1.41Mlikely sale price

Listed at $1,495,000. Going by how homes in Banbury-Don Mills and across Toronto have actually closed against their asking prices (about 97%, blended from 20 local closings in 90 days), the likely sale price is near $1.41M, if it sells. It has been listed 60 days, and homes on the market that long have closed lower against their asking prices, which this figure allows for. A realistic range is $1.32M to $1.46M.

Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It

Longer on the market than typical. 60 days on the market against about 34 for homes like it here, and asking 11% above where comparable closings put it.

List price
$1.32MBelow recent closings$1.50MAbove recent closings

Total price vs nearby homes. Likely closing about $1.41M, from 20 recent closings in this pocket.

The market behind the math, in Banbury-Don Mills
20sold nearby · 90 days
$1.91Mmedian detached sold · 90 days
95%of asking, local average
~20 dayshomes like this take to sell
60days on market so far
$4,140/moest. rent · 8 leases
3.3%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 33 detached homes for sale in the area against 20 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,150/sqft against an area asking average of $1,094/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.

What the listing highlights5 points to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Development potential: upside only if zoning permits, verify with the city before relying on it. Worth verifying
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 ($1,150/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Banbury-Don Mills, so I widened the search to the surrounding area.

Based on 20 closings nearby in the last 90 days.

Sold Price Trend

Median sold price for detached homes in Banbury-Don Mills: $2.31M in October 2026, down 1% from a year ago, on 73 closings in 9 months.

Nov 25Oct 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
November 2025$2.12M11
December 2025$2.60M5
February 2026$1.70M5
April 2026$2.37M8
May 2026$2.47M10
June 2026$2.80M10
July 2026$2.48M8
September 2026$1.85M10
October 2026$2.31M6

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Discuss your home's value and your selling plans with Team Asgarian. Free, with no obligation to list.

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Our Transactions Near This Listing

Homes Team Asgarian has handled within 1 km of Grangemill Crescent. Signed-in members see each price, verified against board records.

Other Homes For Sale In Banbury-Don Mills

For sale in Banbury-Don Mills now · asking prices

How This Price Compares

$1.44Mavg asking

Every home like this one for sale in Banbury-Don Mills right now. These are asking prices, not sales.

Per square foot, these ask about $1,107/sqft; this home lists at $1,150/sqft.

The 5 closest in price of 47 for sale in Banbury-Don Mills.

See all comparable homes
$1.50MThis home$1.50M$1.40M$1.30M$1.30M$1.70MThis home vs active comparables

Neighbourhood & Location

Banbury-Don Mills, Toronto, ON

Commute

Time 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.

Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →

Schools & Catchment

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 · 0.3 km awayAbove the GTA average · 75% meet the provincial standard
Also nearby: 10 more schools within 2.5 km
Denlow Public School · Public elementary0.5 km · 90% at standard
Norman Ingram Public School · Public elementary0.8 km · 65% at standard
Windfields Middle School · Public elementary1.7 km · 91% at standard
Don Mills Collegiate Institute · Public secondary1.7 km · 68% at standard
Park Lane Public School · Public elementary1.7 km
Three Valleys Public School · Public elementary1.8 km · 71% at standard
Greenland Public School · Public elementary1.9 km · 71% at standard
Harrison Public School · Public elementary2.2 km · 82% at standard
Dunlace Public School · Public elementary2.3 km · 69% at standard
Cassandra Public School · Public elementary2.4 km · 59% at standard

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

Affordability & Mortgage

Estimated Mortgage
$6,814/mo
$287KIncome needed
5.2×Price ÷ income
$1,572Weekly cost
$52,750Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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 is 90% of the monthly costMortgage $6,814Property tax $734Total carry $7,548
Calculate And Customize Your Mortgage

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%
$
%
4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,680per month

Mortgage amount $1,196,000 · 4.59% over 25 years

$299,000Down payment (20.0%)
$1,196,000Loan before insurance
$0CMHC premium
$7,414Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,680
Property tax
$734
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,414

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

One-time closing costs

Ontario land transfer tax
$26,375
Toronto municipal land transfer tax
$26,375
Estimated closing costs
$52,750

Plus your down payment of $299,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$8,076/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

$807,852Total interest paid
$2,003,852Total of all payments
Principal $1,196,000 Interest $807,852
YearPrincipalInterestBalance
1$26,319$53,835$1,169,681
2$27,541$52,613$1,142,139
3$28,820$51,334$1,113,319
4$30,158$49,996$1,083,161
5$31,558$48,596$1,051,603
6$33,023$47,131$1,018,580
7$34,556$45,598$984,024
8$36,161$43,993$947,863
9$37,840$42,315$910,023
10$39,596$40,558$870,427
11$41,435$38,719$828,992
12$43,358$36,796$785,634
13$45,371$34,783$740,263
14$47,478$32,676$692,785
15$49,682$30,472$643,103
16$51,989$28,166$591,114
17$54,402$25,752$536,712
18$56,928$23,226$479,784
19$59,571$20,583$420,213
20$62,337$17,818$357,877
21$65,231$14,923$292,646
22$68,259$11,895$224,387
23$71,428$8,726$152,959
24$74,744$5,410$78,214
25$78,214$1,940$0

At the end of your 5-year term

Total paid over the term
$400,770
Principal paid down
$144,397
Interest paid
$256,374
Balance remaining
$1,051,603

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.

Book a Consultation

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.

Questions About 56 Grangemill Crescent

What is the asking price for 56 Grangemill Crescent?

It is listed at $1,495,000.

How many bedrooms and bathrooms does 56 Grangemill Crescent have?

3 bedrooms, and 1 bathroom.

How big is 56 Grangemill Crescent?

The listing gives 1100-1500 sq ft of living space, on a 51 × 118.46 ft lot.

Does 56 Grangemill Crescent have parking?

1 garage space, 3 parking spaces in all.

What are the property taxes on 56 Grangemill Crescent?

$8,808 a year, for 2026.

Is there an offer date for 56 Grangemill Crescent?

The listing does not state an offer date.

Which schools is 56 Grangemill Crescent zoned for?

By the school boards' attendance boundaries: Rippleton Public School, Don Mills Middle School, York Mills Collegiate Institute and St. Bonaventure. Boundaries change, so confirm with the board before relying on it.

When was 56 Grangemill Crescent listed?

It came on the market on September 11, 2026.

Who is the listing brokerage for 56 Grangemill Crescent?

Sage Real Estate Limited. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.

How can I request a showing of 56 Grangemill Crescent?

Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.

Can Team Asgarian represent me as the buyer?

Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Sage Real Estate Limited. MLS®/PropTx.

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56 GRANGEMILL CRESCENT, TORONTO, ON · Listed By Sage Real Estate Limited

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Tell us where your home is. We'll call to talk through its value and your selling plans, free and with no obligation to list.

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