46 Caravan Drive, Toronto, ON

Banbury-Don Mills, Toronto · MLS® C14005112

$1,699,000
For Sale
Listed 6 days agoNo offer date stated
3+1Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

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®
C14005112
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
6
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

OtherLower5.96 × 4.52 m
FoyerMain2.80 × 1.80 m

pot lights · large closet · ceramic floor

Family RoomMain4.90 × 3.62 m

hardwood floor · fireplace · w/o to pool

OtherLower5.86 × 4.00 m

Laminate

Bedroom 4Lower3.87 × 2.90 m

hardwood floor · closet

Primary BedroomMain5.74 × 3.62 m

hardwood floor · crown moulding · 3 pc ensuite

KitchenMain3.95 × 3.95 m

open concept · family size kitchen · overlooks pool

Dining RoomMain3.81 × 3.50 m

open concept · hardwood floor · crown moulding

Living RoomMain5.90 × 4.62 m

hardwood floor · fireplace · crown moulding

Bedroom 3Main3.64 × 2.96 m

hardwood floor · double closet · west view

Bedroom 2Main3.63 × 3.00 m

hardwood floor · double closet · west view

RecreationLower11.96 × 5.96 m

open concept · 3 pc bath · large closet

Furnace RoomLower4.00 × 3.58 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Banbury-Don Mills · asking prices
$1.95Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $965/sqft; this home lists at $755/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.85M1.88M2.24M1.90M1.90MThis 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.

Leaside
$2.15M
Bayview Village
$1.60M
Willowdale East
$2.29M
Woodbine-Lumsden
$949K
Steeles
$1.20M

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 York Mills Collegiate Institute
88%
York Mills Collegiate InstitutePublic · Secondary · 0.9 km awayHigher-rated than most nearby · 88% meet the provincial standard
Park Lane Public SchoolEQAO results not published
Also nearby: 11 more schools within 2.5 km
Denlow Public School · Public elementary0.3 km · 90% at standard
Rippleton Public School · Public elementary0.7 km · 75% at standard
Windfields Middle School · Public elementary1.3 km · 91% at standard
Norman Ingram Public School · Public elementary1.5 km · 65% at standard
Harrison Public School · Public elementary1.6 km · 82% at standard
Dunlace Public School · Public elementary2.0 km · 69% at standard
St Andrew's Middle School · Public elementary2.0 km · 81% at standard
Owen Public School · Public elementary2.1 km · 59% at standard
Don Mills Middle School · Public elementary2.4 km · 68% at standard
Don Mills Collegiate Institute · Public secondary2.4 km · 68% at standard
Three Valleys Public School · Public elementary2.5 km · 71% at standard

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

Affordability & Mortgage

Affordability
$7,743/mo
$339KIncome needed
5.0×Price ÷ income
$1,787Weekly cost
$60,910Land 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.

87%mortgage
Mortgage $7,743Property tax $1,188Total carry $8,932

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 October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,515per month

Mortgage amount $1,359,200 · 4.49% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$8,704Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,515
Property tax
$1,188
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,704

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

One-time closing costs

Ontario land transfer tax
$30,455
Toronto municipal land transfer tax
$30,455
Estimated closing costs
$60,910

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,096/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

$895,375Total interest paid
$2,254,575Total of all payments
Principal $1,359,200 Interest $895,375
YearPrincipalInterestBalance
1$30,332$59,851$1,328,868
2$31,709$58,474$1,297,160
3$33,148$57,035$1,264,011
4$34,654$55,529$1,229,358
5$36,227$53,956$1,193,131
6$37,872$52,311$1,155,259
7$39,591$50,592$1,115,668
8$41,389$48,794$1,074,279
9$43,268$46,915$1,031,011
10$45,233$44,950$985,778
11$47,286$42,897$938,492
12$49,433$40,750$889,058
13$51,678$38,505$837,380
14$54,024$36,159$783,356
15$56,477$33,706$726,879
16$59,041$31,142$667,838
17$61,722$28,461$606,115
18$64,525$25,658$541,591
19$67,454$22,729$474,136
20$70,517$19,666$403,619
21$73,719$16,464$329,901
22$77,066$13,117$252,835
23$80,565$9,618$172,270
24$84,223$5,960$88,047
25$88,047$2,136$0

At the end of your 5-year term

Total paid over the term
$450,915
Principal paid down
$166,069
Interest paid
$284,846
Balance remaining
$1,193,131

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
Estimate$4,200/mo
$50,400Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.0%
Gross yield
− Property tax $14,260− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $29,196

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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