62 Norden Crescent, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13829092
About this home
In short
- Welcome to 62 Norden Crescent, a truly timeless contemporary residence on a quiet, tree-lined street in prestigious Banbury-Don Mills.
- With over 5100square feet of living space this striking open-concept interior is defined by soaring ceilings, expansive windows, wide-plank and herringbone flooring...
- Outside, established greenery abounds and provides a private setting for outdoor living and entertaining around the pool, complementing the well considered landscape...
Welcome to 62 Norden Crescent, a truly timeless contemporary residence on a quiet, tree-lined street in prestigious Banbury-Don Mills. Thoughtfully designed by renowned Babak Ghassemi of Arklab Design Build with a sophisticated modern aesthetic, this impressive home pairs beautifully proportioned spaces with refined finishes and abundant natural light. With over 5100square feet of living space this striking open-concept interior is defined by soaring ceilings, expansive windows, wide-plank and herringbone flooring, refined millwork and clean architectural lines. At the centre of it all, the stunning kitchen features sleek custom cabinetry, premium Wolf and Thermador integrated appliances, an oversized centre island and generous space for gathering and entertaining. The living and dining areas offer an effortless flow for both everyday family life and larger occasions, with expansive windows creating a seamless connection to the outdoors. Upstairs, four spacious bedrooms each with ensuites provide comfort and privacy, highlighted by a serene primary retreat with a beautifully appointed spa-inspired ensuite and generous closet space. Contemporary bathrooms throughout showcase elegant finishes and meticulous attention to detail. The finished lower level extends the living space with impressive ceiling heights and exceptional versatility for recreation, entertaining, fitness, a home office or guest accommodations. Outside, established greenery abounds and provides a private setting for outdoor living and entertaining around the pool, complementing the well considered landscape design. Ideally located moments from The Shops at Don Mills, the Toronto Botanical Garden, excellent private and public schools, parks, dining and highway access. A rare opportunity to experience contemporary luxury, thoughtful design and an exceptional Don Mills lifestyle.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13829092
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 6 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 60 × 100 ft
- Cross streets
- Lawrence Ave E and Leslie St
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Finished, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete
- Roof
- Asphalt Shingle, Metal
- Sewer
- Sewer
- Pool
- Inground, Salt
- Property tax
- $19,252 / 2025
- Days on market
- 4
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rooms
b/i appliances · centre island · marble counter
large window · b/i desk · pot lights
4 pc ensuite · hardwood floor · large window
wet bar · w/o to yard · hardwood floor
cork floor · mirrored walls · above grade window
window floor to ceiling · hardwood floor · 2 way fireplace
hardwood floor · b/i shelves · overlooks frontyard
hardwood floor · above grade window
5 pc ensuite · closet organizers · fireplace
3 pc ensuite · walk-in closet(s) · large window
b/i shelves · overlooks backyard · 2 way fireplace
3 pc ensuite · his and hers closets · large window
Listed at $5,288,000. 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 $5.08M, if it sells. A realistic range is $4.76M to $5.73M.
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.
Total price vs nearby homes. Likely closing about $5.08M, from 21 recent closings in this pocket.
The market behind the math:
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.
Price per square foot: this home lists at $1,244/sqft against an area asking average of $1,010/sqft.
- Inground pool. Priced into the comparison on the assumption it is clean and modern. A pool costs more to build than resale pays back, and condition is the in-person call.
- Walk-up basement. Extra light, usable space, and income potential, so the estimate is a conservative floor for it.
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 highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. 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
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.
For sale
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For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,088/sqft; this home lists at $1,244/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 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: 10 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 $4,230,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23,391
- Property tax
- $1,604
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $24,995
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $118,675
- Toronto municipal land transfer tax
- $157,315
- Estimated closing costs
- $275,990
Plus your down payment of $1,057,600. 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
- $1,403,436
- Principal paid down
- $516,877
- Interest paid
- $886,560
- Balance remaining
- $3,713,523
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 20 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 $7,080. 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 KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.