16 Ballyronan Road, Toronto, ON
Banbury-Don Mills, Toronto · MLS® C14085000
About this home
In short
- NEW PRICE $3,890,000 - Best Value 3-Year-Old Custom Rebuild In York Mills-Banbury.
- Of Living Space On A Premium Near-70Ft Frontage Lot, This Light-Filled Masterpiece Features Soaring 11Ft Main-Floor Ceilings And A Designer Fireplace Feature Wall.
- Gourmet Chef's Kitchen With Top-Of-The-Line Wolf Appliances + Sub-Zero Fridge/Freezer, Plus A Fully Enclosed Secondary Wok/Prep Kitchen.
- All 5 Bedrooms Enjoy Private Ensuites; The Primary Retreat Offers A Spa-Like Ensuite With Heated Floors And A Generous Walk-In Closet.
- The Walk-Out Lower Level Is An Entertainer's Dream: Full Wet Bar, Heated Floors, Open-Concept Fitness Area With Walk-Out Patio, Plus A Versatile Nanny Suite.
NEW PRICE $3,890,000 - Best Value 3-Year-Old Custom Rebuild In York Mills-Banbury! An Outstanding 5-Ensuite Contemporary Custom Home, Zoned For Top-Ranked York Mills C.I. Spanning Approx 6,000 Sq.Ft. Of Living Space On A Premium Near-70Ft Frontage Lot, This Light-Filled Masterpiece Features Soaring 11Ft Main-Floor Ceilings And A Designer Fireplace Feature Wall. Gourmet Chef's Kitchen With Top-Of-The-Line Wolf Appliances + Sub-Zero Fridge/Freezer, Plus A Fully Enclosed Secondary Wok/Prep Kitchen. All 5 Bedrooms Enjoy Private Ensuites; The Primary Retreat Offers A Spa-Like Ensuite With Heated Floors And A Generous Walk-In Closet. The Walk-Out Lower Level Is An Entertainer's Dream: Full Wet Bar, Heated Floors, Open-Concept Fitness Area With Walk-Out Patio, Plus A Versatile Nanny Suite. Minutes To TFS, Crescent & Bayview Glen, Scenic Trails, Edwards Gardens, Tennis Clubs And Hwys 401/404. A True Masterpiece Of Style, Quality And Location!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C14085000
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 7 (1 half)
- Size
- 3500-5000 sq ft
- Lot
- 67.3 × 100.18 ft
- Cross streets
- Leslie and York Mills Rd
- Parking
- 2 garage · 6 parking (built-in)
- Basement
- Finished, Finished with Walk-Out
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $20,081 / 2025
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Listed at $3,890,000. 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 $3.75M, if it sells. A realistic range is $3.51M to $4.23M.
Independent value check: $3.38M. Without looking at the asking price, our model values the home itself about 13% below the ask (homes like it typically land between $3.17M and $3.54M).
Why $3.38M. 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 $20,081 a year; the typical home sold here pays about $11,900.
- ▲ Raises it strongly5+1 bedrooms and 7 baths, against 4+1 and 4 typically.
- ▲ Raises itIt is 3,500 to 5,000 sq ft; the typical home sold here is 2,500 to 3,000.
Total price vs nearby homes. Likely closing about $3.75M, from 16 recent closings in this pocket.
The market behind the math:
About 4.1 months of inventory: 22 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 $915/sqft against an area asking average of $1,101/sqft.
- Walk-out basement apartment features. A finished 1 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 156 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.
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 $2.75M. 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.
- 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
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (York Mills Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($915/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.
The 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 $915/sqft. Size is part of the price story, not just the sticker.
The 4 closest 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: 12 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 $3,112,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $17,207
- Property tax
- $1,673
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $18,880
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $83,725
- Toronto municipal land transfer tax
- $92,625
- Estimated closing costs
- $176,350
Plus your down payment of $778,000. 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
- $1,032,407
- Principal paid down
- $380,229
- Interest paid
- $652,178
- Balance remaining
- $2,731,771
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 156 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 19 whole-home leases in Banbury-Don Mills signed at a median of $7,445 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $8,245. 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.