2 Addison Crescent, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C13782388

$4,558,000
For Sale
Listed 15 days agoNo offer date stated
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4+1Bedrooms
6Bathrooms
2Garage · 5 parking
3500-5000Sq ft

About this home

In short

  • A rare offering on coveted Addison Crescent, where sophisticated design, exceptional privacy and resort inspired outdoor living come together on an expansive, serene lot.
  • Completely renovated to the studs, the home pairs refined finishes with exceptional craftsmanship and an effortless, light-filled flow.
  • The custom chef's kitchen features porcelain surfaces, an oversized island and integrated Fisher & Paykel appliances, including a 48" gas range, built-in coffee...
  • Outside, an in-ground pool and covered outdoor kitchen create an exceptional setting for summer entertaining.
  • Extensively upgraded with new HVAC, plumbing, electrical, high efficiency furnace and A/C, pool mechanicals, windows, metal roof, custom motorized front entry gate...

A rare offering on coveted Addison Crescent, where sophisticated design, exceptional privacy and resort inspired outdoor living come together on an expansive, serene lot. Completely renovated to the studs, the home pairs refined finishes with exceptional craftsmanship and an effortless, light-filled flow. The custom chef's kitchen features porcelain surfaces, an oversized island and integrated Fisher & Paykel appliances, including a 48" gas range, built-in coffee system and wine fridge. Open-concept living and dining are framed by expansive windows overlooking the grounds, with a gas fireplace and integrated speakers. Generous principal rooms include a beautifully appointed primary retreat with spa inspired ensuite and walk-in closet, complemented by a skylit sitting room, private office with custom millwork and upper level laundry.The underpinned lower level offers 9' ceilings, hydronic in-floor heating, wet bar, lower level laundry, 5th bedroom, 3 piece bath and sauna. Outside, an in-ground pool and covered outdoor kitchen create an exceptional setting for summer entertaining. A built-in double garage, gated private drive and EV rough-in complete the property. Extensively upgraded with new HVAC, plumbing, electrical, high efficiency furnace and A/C, pool mechanicals, windows, metal roof, custom motorized front entry gate and garage doors. An exceptional offering where considered design, privacy and quality converge.

Key facts

Property type
Detached, 2-Storey
MLS®
C13782388
Bedrooms
4+1 (5 total)
Bathrooms
6 (2 half)
Size
3500-5000 sq ft
Lot
70.01 × 100 ft
Cross streets
Don Mills & Lawrence
Parking
2 garage · 5 parking (built-in)
Driveway
Private Triple
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Pool
Inground
Property tax
$10,655 / 2025
Days on market
15
Listing brokerage
SAGE REAL ESTATE LIMITED

Rooms

KitchenMain7.28 × 4.17 m

b/i appliances · custom counter · w/o to garage

LaundryLower
OtherBasement3.01 × 1.38 m

Hardwood Floor

Dining RoomMain5.97 × 4.05 m

hardwood floor · pot lights

BedroomSecond5.64 × 3.05 m

bay window · hardwood floor · pot lights

BedroomSecond3.10 × 3.69 m

3 pc ensuite · skylight · hardwood floor

FoyerMain6.60 × 3.49 m

2 pc bath · large window · skylight

RecreationBasement6.33 × 7.13 m

hardwood floor · wet bar · pot lights

BedroomSecond3.63 × 3.59 m

hardwood floor · large closet · pot lights

DenBasement5.43 × 4.09 m

3 pc bath · sauna · hardwood floor

Primary BedroomSecond5.19 × 3.21 m

3 pc ensuite · walk-in closet(s) · skylight

Living RoomMain6.18 × 5.97 m

hardwood floor · built-in speakers · gas fireplace

BedroomBasement4.40 × 2.94 m

hardwood floor · large closet · pot lights

Our TakeTeam Asgarian · Broker
A small discount is typical
$4.38Mlikely sale price

Listed at $4,558,000. 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 $4.38M, if it sells. A realistic range is $4.10M to $4.94M.

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.

List price
$4.10MBelow recent closings$4.94MAbove recent closings

Total price vs nearby homes. Likely closing about $4.38M, 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
15days on market so far
$7,068/moest. rent · 21 leases
1.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.9 months of inventory: 20 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 $1,072/sqft against an area asking average of $1,019/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 $2.94M. Condition and finishes 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Don Mills Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full 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 ($1,072/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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.

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
$4.77Mavg asking

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

Per square foot, these ask about $1,123/sqft; this home lists at $1,072/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
4.56MThis home4.79M4.99M5.09M5.29M3.70MThis 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
Tam O'Shanter-Sullivan
$1.17M
Danforth Village-East York
$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 Norman Ingram Public School
65%
Norman Ingram Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 65% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Rippleton Public School · Public elementary0.8 km · 75% at standard
Denlow Public School · Public elementary1.2 km · 90% at standard
Three Valleys Public School · Public elementary1.3 km · 71% at standard
Greenland Public School · Public elementary1.4 km · 71% at standard
Cassandra Public School · Public elementary1.8 km · 59% at standard
Milne Valley Middle School · Public elementary2.0 km · 61% at standard
Park Lane Public School · Public elementary2.0 km
St Catherine Catholic School · Catholic elementary2.1 km · 57% at standard
York Mills Collegiate Institute · Public secondary2.1 km · 88% at standard
Windfields Middle School · Public elementary2.2 km · 91% at standard
Rene Gordon (Elementary) School · Public elementary2.3 km · 71% at standard
Ranchdale Public School · Public elementary2.4 km · 67% at standard

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

Affordability & Mortgage

Affordability
$20,774/mo
$816KIncome needed
5.6×Price ÷ income
$4,794Weekly cost
$222,010Land 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.

96%mortgage
Mortgage $20,774Property tax $888Total carry $21,662

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)
$20,162per month

Mortgage amount $3,646,400 · 4.49% over 25 years

$911,600Down payment (20.0%)
$3,646,400Loan before insurance
$0CMHC premium
$21,049Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20,162
Property tax
$888
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21,049

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

One-time closing costs

Ontario land transfer tax
$100,425
Toronto municipal land transfer tax
$121,585
Estimated closing costs
$222,010

Plus your down payment of $911,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$24,402/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

$2,402,071Total interest paid
$6,048,471Total of all payments
Principal $3,646,400 Interest $2,402,071
YearPrincipalInterestBalance
1$81,372$160,567$3,565,028
2$85,067$156,872$3,479,961
3$88,929$153,010$3,391,032
4$92,967$148,972$3,298,065
5$97,188$144,751$3,200,877
6$101,601$140,338$3,099,277
7$106,214$135,725$2,993,063
8$111,036$130,903$2,882,027
9$116,078$125,861$2,765,949
10$121,348$120,591$2,644,601
11$126,858$115,081$2,517,743
12$132,618$109,321$2,385,125
13$138,639$103,300$2,246,486
14$144,934$97,005$2,101,552
15$151,514$90,424$1,950,038
16$158,394$83,545$1,791,644
17$165,585$76,353$1,626,059
18$173,104$68,835$1,452,955
19$180,963$60,976$1,271,992
20$189,180$52,759$1,082,812
21$197,769$44,170$885,043
22$206,749$35,190$678,294
23$216,136$25,803$462,158
24$225,949$15,989$236,208
25$236,208$5,730$0

At the end of your 5-year term

Total paid over the term
$1,209,694
Principal paid down
$445,523
Interest paid
$764,172
Balance remaining
$3,200,877

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 21 whole-home leases in Banbury-Don Mills$7,068/mo
$84,816Gross annual rent
1.4%Cap rate after taxes and upkeep
$6,667 to $8,228Typical rent range
~39 daysTo find a tenant, on average

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 21 whole-home leases in Banbury-Don Mills signed at a median of $6,537 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $7,068. 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.

1.9%
Gross yield
− Property tax $10,655− Insurance $1,400− Vacancy & upkeep $9,330Net operating income $63,431

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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