46 Caravan Drive, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13784104
About this home
In short
- This VERY RARE Sprawling Ranch Bungalow Is Nestled In The Heart of Prestigious Denlow Estates On A PREMIUM 64 x110 Ft.
- Step Into This MAJESTIC HOME Through A Grand Foyer, Where Soaring 11 Foot Ceilings & An Abundance Of Natural Light Create An Immediate Sense Of Elegance & GRANDEUR.
- Gather Around The 2nd Fireplace In The Inviting Main-Floor Family Rm, Complete With A Walkout To The EXCEPTIONALLY PRIVATE BACKYARD.
- Step Outside To YOUR OWN TRANQUIL OASIS & Relax By The Shimmering Concrete Pool - Ideal For Entertaining & Creating Lasting Memories - With Family & Friends--YOUR...
- There Are 3 Spacious Bedrooms On The Main Floor, Including A Generous Primary Retreat With A Stunning 3 Pc Renovated Ensuite.
Wow!! This VERY RARE Sprawling Ranch Bungalow Is Nestled In The Heart of Prestigious Denlow Estates On A * *PREMIUM** 64 x110 Ft. LOT, Within The Highly *Sought After Denlow* Public School District! Step Into This *MAJESTIC HOME* Through A Grand Foyer, Where Soaring 11 Foot Ceilings & An Abundance Of Natural Light Create An Immediate Sense Of Elegance & GRANDEUR! Step Into The Sunken Living Room, Featuring Hardwood Floors & A Warm Inviting Fireplace - An Elegant Setting For Both Intimate Gatherings & Entertaining! The Large Eat In Kitchen Has Been Thoughtfully Opened To The Dining Room, Creating A Spacious & Inviting Setting Perfect For Both Everyday Family Dinners & Entertaining Guests! Gather Around The 2nd Fireplace In The Inviting Main-Floor Family Rm, Complete With A Walkout To The EXCEPTIONALLY PRIVATE BACKYARD. Step Outside To YOUR OWN TRANQUIL OASIS & Relax By The Shimmering Concrete Pool - Ideal For Entertaining & Creating Lasting Memories - With Family & Friends--YOUR COTTAGE Without The LONG DRIVE! There Are 3 Spacious Bedrooms On The Main Floor, Including A Generous Primary Retreat With A Stunning 3 Pc Renovated Ensuite! Renovated 4 Pc Main Bath & Convenient Main Floor Laundry Room Complete This Well Appointed Level! Enjoy Convenience Of Direct Interior Access To The Garage! The Lower Level Is An Entertainers Dream, Featuring An Oversized Recreation Area, Plenty of Room For A Children's Play Area, 4th BEDROOM For Overnight Guests, 3 Pc Bath, A Dedicated Wine Rm! With An Abundance Of Additional Space To Expand & Ample Storage, The Possibilities Are Endless! A Short Safe Walk To DENLOW P.S. Windfields MS. York Mills CI. Minutes to The Shops At Don Mills, Banbury Community Centre, Fine Dining Options, Numerous Parks & Access To Major Routes! Don't Miss This Amazing Home & Opportunity!
Key facts
- Property type
- Detached, Bungalow
- MLS®
- C13784104
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3
- Size
- 2000-2500 sq ft
- Lot
- 64 × 110.01 ft
- Cross streets
- Caravan Dr and Bamboo Grove
- Parking
- 2 garage · 4 parking (attached)
- Driveway
- Private Double
- Basement
- Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Unknown
- Sewer
- Sewer
- Pool
- Inground
- Property tax
- $14,260 / 2025
- Days on market
- 14
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
hardwood floor · crown moulding · 3 pc ensuite
hardwood floor · closet
open concept · 3 pc bath · large closet
hardwood floor · double closet · west view
open concept · family size kitchen · overlooks pool
hardwood floor · fireplace · w/o to pool
hardwood floor · fireplace · crown moulding
hardwood floor · double closet · west view
Laminate
open concept · hardwood floor · crown moulding
pot lights · large closet · ceramic floor
Listed at $2,188,000. 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 $2.10M, if it sells. A realistic range is $1.97M to $2.37M.
Independent value check: $2.26M. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $2.12M and $2.37M).
Why $2.26M. 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 itIts tax bill, which follows the city's own assessment, is $14,260 a year; the typical home sold here pays about $11,900.
- ▼ Lowers itIt is 2,000 to 2,500 sq ft; the typical home sold here is 2,500 to 3,000.
- ▼ Lowers it3+1 bedrooms and 3 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $2.10M, from 21 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 13 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 $972/sqft against an area asking average of $1,414/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 $2.23M. 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- 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
- Primary suite: a key comfort and resale feature. 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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Banbury-Don Mills, so I widened the search to the surrounding area.
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 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 $2.26M, which is where my estimate comes from.
Per square foot, these ask about $1,007/sqft; this home lists at $972/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: 11 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 $1,750,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,678
- Property tax
- $1,188
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,867
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $41,175
- Toronto municipal land transfer tax
- $41,175
- Estimated closing costs
- $82,350
Plus your down payment of $437,600. 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
- $580,696
- Principal paid down
- $213,867
- Interest paid
- $366,829
- Balance remaining
- $1,536,533
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 35 whole-home leases in Banbury-Don Mills signed at a median of $5,647 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,256. 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.