49 Norden Crescent, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C13832010
About this home
In short
- Do not miss this Buying Opportunity on this luxury custom-built residence featuring high ceilings, heated floors throughout all interior spaces, including the...
- Spa-inspired amenities include a sauna, a steam?and a luxurious primary suite with fireplace, two-storey walk-in closet, soaker spa ensuite with dual rain showers...
- Entertain in style with a custom LED-lit onyx wine room, a theatre room, and a chef's kitchen featuring premium Miele appliances, built-in espresso station, warming...
- Additional highlights include a double-sided fireplace, granite laundry room, triple sump pump backup, sprinkler system, gazebo, and a ravine-backed property.
Do not miss this Buying Opportunity on this luxury custom-built residence featuring high ceilings, heated floors throughout all interior spaces, including the basement and washrooms, snow-melt heating systems for the driveway, walkways, patio, garage, front and side entrances. This home showcases premium finishes, including designer tiles, custom interior doors, highsecurity doors and windows, and bespoke laser-cut fencing and railings. Spa-inspired amenities include a sauna, a steam?and a luxurious primary suite with fireplace, two-storey walk-in closet, soaker spa ensuite with dual rain showers, and custom cabinetry. All full bathrooms are equipped with bidets. Entertain in style with a custom LED-lit onyx wine room, a theatre room, and a chef's kitchen featuring premium Miele appliances, built-in espresso station, warming drawer, and steam oven, induction cooktop, and oversized pantry. Additional highlights include a double-sided fireplace, granite laundry room, triple sump pump backup, sprinkler system, gazebo, and a ravine-backed property. This house is designed for luxury, comfort and security with high-efficiency air conditioning, premium copper gutters, a fully wired alarm & security camera system.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13832010
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 57 × 135 ft
- Cross streets
- Don Mills/Leslie
- Parking
- 2 garage · 6 parking (attached)
- Basement
- Finished with Walk-Out
- Heating
- Other
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $21,659 / 2026
- Days on market
- 3
- Listing brokerage
- U DREAM HOME REALTY
Rooms
Walk-In Closet(s)
Walk-In Closet(s)
2 Way Fireplace
Walk-In Closet(s)
Listed at $3,200,000. 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 $3.07M, if it sells. A realistic range is $2.88M to $3.46M.
Independent value check: $3.53M. Without looking at the asking price, our model values the home itself about 10% above the ask (homes like it typically land between $3.31M and $3.70M).
Why $3.53M. 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 it stronglyIts tax bill, which follows the city's own assessment, is $21,659 a year; the typical home sold here pays about $11,900.
- ▲ Raises it stronglyIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
- ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly3+2 bedrooms and 6 baths, against 4+1 and 4 typically.
Total price vs nearby homes. Likely closing about $3.07M, from 21 recent closings in this pocket.
The market behind the math:
About 2 months of inventory: 14 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 $753/sqft against an area asking average of $1,019/sqft.
- Walk-out basement apartment features. A finished 2 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. In Banbury-Don Mills basements rarely rent out (7 of 155 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Ravine / green setting. This home backs onto a wooded ravine. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $3.16M. 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- 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
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
For sale
For sale
For sale
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For sale
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 $874/sqft; this home lists at $753/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 $2,560,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,155
- Property tax
- $1,805
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,960
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $66,475
- Toronto municipal land transfer tax
- $68,475
- Estimated closing costs
- $134,950
Plus your down payment of $640,000. 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
- $849,281
- Principal paid down
- $312,785
- Interest paid
- $536,496
- Balance remaining
- $2,247,215
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
About the suite: in Banbury-Don Mills basements rarely rent out (7 of 155 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
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 17 whole-home leases in Banbury-Don Mills signed at a median of $6,181 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,769. 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 U DREAM HOME REALTY. MLS®/PropTx.