16 Sagewood Drive, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C14030706
About this home
In short
- Welcome to an elegant residence in York Mills' Banbury community, where exceptional craftsmanship and generous living spaces create a warm welcome from the moment you...
- Set on an impressive 84 x 125 ft. lot, this five-bedroom, six-bathroom home offers over 6,000 sq. ft. of living space and a three-car garage.
- The Bloomsbury chef's kitchen features Sub-Zero and Wolf appliances, a centre island, and a generous breakfast area that opens onto the stone patio and backyard...
- The home is also steps from Banbury Community Centre, Banbury Tennis Club, Windfields Park, and scenic ravine trails, and minutes from the Shops at Don Mills and...
Welcome to an elegant residence in York Mills' Banbury community, where exceptional craftsmanship and generous living spaces create a warm welcome from the moment you enter. Set on an impressive 84 x 125 ft. lot, this five-bedroom, six-bathroom home offers over 6,000 sq. ft. of living space and a three-car garage. A grand two-storey foyer, featuring floor-to-ceiling wainscoting, exquisite custom millwork, and refined finishes, sets the tone throughout. Spacious living and dining rooms provide a gracious setting for entertaining, complemented by a private office and an inviting family room. The Bloomsbury chef's kitchen features Sub-Zero and Wolf appliances, a centre island, and a generous breakfast area that opens onto the stone patio and backyard, perfect for morning coffee or evenings with friends. A mudroom and laundry area provide direct access to the three-car garage, adding ease to everyday living. Upstairs, the spacious primary suite offers a peaceful retreat with a beautifully appointed ensuite, alongside four additional bedrooms and two full bathrooms. The finished lower level includes a recreation room, wet bar, gas fireplace, and flexible space ideal for a billiards room or a guest or nanny suite with its own three-piece ensuite. The surrounding area includes Denlow PS, Windfields Middle, Northern Secondary, and York Mills CI. The home is also steps from Banbury Community Centre, Banbury Tennis Club, Windfields Park, and scenic ravine trails, and minutes from the Shops at Don Mills and Edwards Gardens, with easy access to the TTC and major highways. A home of timeless elegance, with space to entertain beautifully and warmth to settle in.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C14030706
- Bedrooms
- 5
- Bathrooms
- 6 (2 half)
- Size
- 3500-5000 sq ft
- Lot
- 84 × 125 ft
- Cross streets
- York Mills/ Bayview
- Parking
- 3 garage · 6 parking (built-in)
- Driveway
- Private Triple
- Basement
- Full, Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $15,217 / 2026
- Days on market
- 1
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
overlooks garden · hardwood floor · double closet
formal rm · overlooks garden · hardwood floor
gas fireplace · hardwood floor · pot lights
overlooks garden · hardwood floor · closet
hardwood floor · wainscoting · pot lights
hardwood floor · double closet
w/o to patio · hardwood floor · pot lights
electric fireplace · w/o to patio · hardwood floor
5 pc ensuite · walk-in closet(s) · hardwood floor
overlooks garden · family size kitchen · hardwood floor
overlooks garden · 3 pc ensuite · walk-in closet(s)
formal rm · hardwood floor · pot lights
Listed at $3,988,000. Going by how homes in Banbury-Don Mills and the wider GTA have actually closed against their asking prices (about 96%, 16 local closings in 90 days), the likely sale price is near $3.84M, if it sells. A realistic range is $3.60M to $4.33M.
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 $3.84M, from 16 recent closings in this pocket.
The market behind the math:
About 4.9 months of inventory: 26 detached homes for sale in the area against 16 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $938/sqft against an area asking average of $998/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. 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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.40M. Condition and finishes remain an in-person call.
What the listing highlights2 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
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
Priced above comparable homes overall, but the price per square foot ($938/sqft) is below 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 16 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 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 $941/sqft; this home lists at $938/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Banbury-Don Mills: $1.85M in September 2026, up 12% from a year ago, on 75 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.94M | 8 |
| November 2025 | $2.12M | 11 |
| December 2025 | $2.60M | 5 |
| February 2026 | $1.70M | 5 |
| April 2026 | $2.37M | 8 |
| May 2026 | $2.47M | 10 |
| June 2026 | $2.80M | 10 |
| July 2026 | $2.48M | 8 |
| September 2026 | $1.85M | 10 |
Neighbourhood & 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: 8 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 October 16, 2026); conventional rates run a little higher.
Mortgage amount $3,190,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,640
- Property tax
- $1,268
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,908
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $86,175
- Toronto municipal land transfer tax
- $96,055
- Estimated closing costs
- $182,230
Plus your down payment of $797,600. 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
- $1,058,416
- Principal paid down
- $389,808
- Interest paid
- $668,608
- Balance remaining
- $2,800,592
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 25 whole-home leases in Banbury-Don Mills signed at a median of $7,488 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,192. 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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.