15 Mellowood Drive, Toronto, ON

St. Andrew-Windfields, Toronto · MLS® C14105706

$2,390,000
For Sale
Listed 7 days agoNo offer date stated
4+1Bedrooms
4Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About This Home

In short

  • Spacious 4+1 Bedroom, 4-Bath Family Home Situated On An Impressive Approx.
  • Primary Retreat With 5-Pc Ensuite & His/Her Closets.
  • Excellent Location Close To Top Schools, Parks, Shopping, TTC, Bayview Village, York Mills & Hwy 401.
Read the full description

Prestigious St. Andrew-Windfields! Spacious 4+1 Bedroom, 4-Bath Family Home Situated On An Impressive Approx. 57 X 120 Ft Lot. Functional Layout Featuring Generous Living & Dining Areas, Family Room With Fireplace, And Eat-In Kitchen With Centre Island & Walk-Out To A Beautifully Landscaped Backyard. Primary Retreat With 5-Pc Ensuite & His/Her Closets. Finished Lower Level With Large Rec Room & Additional Bedroom. Double Garage & Tesla Charger. Excellent Location Close To Top Schools, Parks, Shopping, TTC, Bayview Village, York Mills & Hwy 401.

Key Facts

Property type
Detached, 2-Storey
MLS®
C14105706
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
2500-3000 sq ft
Lot
57.21 × 120.02 ft
Cross streets
York Mills/Banbury
Parking
2 garage · 4 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$15,016 / 2026
Days on market
7
Listing brokerage
RE/MAX EXCEL REALTY LTD.

Rooms

See all 12 rooms, floor by floor
Primary BedroomSecond4.79 × 4.19 m

5 pc ensuite · his and hers closets · picture window

KitchenMain7.42 × 3.81 m

centre island · eat-in kitchen · w/o to yard

RecreationLower7.77 × 6.52 m

halogen lighting · broadloom · above grade window

Dining RoomMain4.28 × 3.58 m

picture window · wainscoting · california shutters

Bedroom 4Second4.60 × 3.74 m

double closet · picture window · broadloom

Family RoomMain5.69 × 3.95 m

fireplace · picture window · hardwood floor

Living RoomMain8.71 × 3.99 m

sunken room · hardwood floor · halogen lighting

Bedroom 3Second3.87 × 3.55 m

picture window · 4 pc bath · double closet

Bedroom 2Second3.48 × 3.46 m

double closet · picture window · broadloom

DenMain3.99 × 3.08 m

fireplace · wet bar · combined w/living

FoyerMain4.39 × 3.83 m

skylight · marble floor · halogen lighting

BedroomLower3.87 × 2.80 m

double closet · halogen lighting · 3 pc bath

Our Take

Team Asgarian · Broker
A small discount is typical
$2.30Mlikely sale price

Listed at $2,390,000. Going by how homes in St. Andrew-Windfields and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $2.30M, if it sells. A realistic range is $2.16M to $2.60M.

Independent value check: $2.38M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $2.23M and $2.49M).

Why $2.38M. The typical detached home sold in St. Andrew-Windfields over the past year went for about $2.50M (93 sales). What sets this one apart:

  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $15,016 a year; the typical home sold here pays about $15,400.
List price
$2.16MBelow recent closings$2.60MAbove recent closings

Total price vs nearby homes. Likely closing about $2.30M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$2.65Mmedian sold price
95%of asking, on average
−17%prices vs a year ago
~36 dayshomes like this take to sell
7days on market so far
$4,950/moest. rent · 8 leases
2.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 7 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $869/sqft against an area asking average of $1,021/sqft.

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 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $2.35M. 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.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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.

Based on 22 comparable homes that sold in St. Andrew-Windfields over the past two years, from 169 closings there.

What sellers nearby are asking

For sale in St. Andrew-Windfields now · asking prices
$2.30Mavg asking

Every home like this one for sale in St. Andrew-Windfields right now, newest listing first. These are asking prices, not sales.

Per square foot, these ask about $779/sqft; this home lists at $869/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 25 for sale in St. Andrew-Windfields.

See all comparable homes
2.39MThis home2.49M2.29M2.50M2.19M2.03MThis home vs active comparables

Sold price trend

Median sold price for detached homes in St. Andrew-Windfields: $3.41M in September 2026, down 5% from a year ago, on 79 closings in 10 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$3.71M7
November 2025$2.59M6
December 2025$2.08M8
February 2026$2.95M7
March 2026$2.27M8
April 2026$2.92M8
May 2026$2.29M10
July 2026$2.62M12
August 2026$2.35M7
September 2026$3.41M6

Thinking of selling near St. Andrew-Windfields?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

Neighbourhood & location

St. Andrew-Windfields, 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.

Banbury-Don Mills
$2.00M
Lansing-Westgate
$1.89M
Bridle Path-Sunnybrook-York Mills
$5.09M
Bedford Park-Nortown
$3.29M
Tam O'Shanter-Sullivan
$989K

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 & catchment

Assigned 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 Dunlace Public School
69%
Dunlace Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 69% meet the provincial standard
Park Lane Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Windfields Middle School · Public elementary0.2 km · 91% at standard
Harrison Public School · Public elementary0.7 km · 82% at standard
Denlow Public School · Public elementary1.3 km · 90% at standard
Elkhorn Public School · Public elementary1.8 km · 85% at standard
St Andrew's Middle School · Public elementary1.9 km · 81% at standard
Rippleton Public School · Public elementary2.0 km · 75% at standard
Shaughnessy Public School · Public elementary2.0 km · 68% at standard
Owen Public School · Public elementary2.2 km · 59% at standard
Rene Gordon (Elementary) School · Public elementary2.3 km · 71% at standard
St Timothy Catholic School · Catholic elementary2.4 km · 80% at standard
Hollywood Public School · Public elementary2.4 km · 96% at standard
George S Henry Academy · Public secondary2.4 km · 48% at standard

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

Questions About 15 Mellowood Drive

What is the asking price for 15 Mellowood Drive?

It is listed at $2,390,000.

How many bedrooms and bathrooms does 15 Mellowood Drive have?

4+1 bedrooms, and 4 bathrooms (1 of them half baths).

How big is 15 Mellowood Drive?

The listing gives 2500-3000 sq ft of living space, on a 57.21 × 120.02 ft lot.

Does 15 Mellowood Drive have parking?

2 garage spaces, 4 parking spaces in all.

What are the property taxes on 15 Mellowood Drive?

$15,016 a year, for 2026.

Is there an offer date for 15 Mellowood Drive?

The listing does not state an offer date.

Which schools is 15 Mellowood Drive zoned for?

By the school boards' attendance boundaries: Dunlace Public School, Park Lane Public School, York Mills Collegiate Institute and St. Gabriel. Boundaries change, so confirm with the board before relying on it.

When was 15 Mellowood Drive listed?

It came on the market on October 22, 2026.

Who is the listing brokerage for 15 Mellowood Drive?

RE/MAX EXCEL REALTY LTD.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$10,893/mo
$459KIncome needed
5.2×Price ÷ income
$2,514Weekly cost
$92,450Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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.

90%mortgage
Mortgage is 90% of the monthly costMortgage $10,893Property tax $1,251Total carry $12,144
Calculate and customize your mortgage

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.

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10,678per month

Mortgage amount $1,912,000 · 4.59% over 25 years

$478,000Down payment (20.0%)
$1,912,000Loan before insurance
$0CMHC premium
$11,930Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10,678
Property tax
$1,251
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11,930

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

One-time closing costs

Ontario land transfer tax
$46,225
Toronto municipal land transfer tax
$46,225
Estimated closing costs
$92,450

Plus your down payment of $478,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$12,912/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

$1,291,483Total interest paid
$3,203,483Total of all payments
Principal $1,912,000 Interest $1,291,483
YearPrincipalInterestBalance
1$42,076$86,064$1,869,924
2$44,029$84,110$1,825,895
3$46,073$82,066$1,779,822
4$48,212$79,927$1,731,609
5$50,451$77,689$1,681,158
6$52,793$75,346$1,628,365
7$55,244$72,895$1,573,121
8$57,809$70,331$1,515,313
9$60,493$67,647$1,454,820
10$63,301$64,838$1,391,519
11$66,240$61,899$1,325,279
12$69,315$58,824$1,255,963
13$72,533$55,606$1,183,430
14$75,901$52,238$1,107,529
15$79,425$48,715$1,028,104
16$83,112$45,027$944,992
17$86,971$41,169$858,022
18$91,009$37,131$767,013
19$95,234$32,906$671,779
20$99,655$28,484$572,124
21$104,282$23,858$467,842
22$109,123$19,016$358,719
23$114,190$13,950$244,529
24$119,491$8,648$125,039
25$125,039$3,101$0

At the end of your 5-year term

Total paid over the term
$640,697
Principal paid down
$230,842
Interest paid
$409,855
Balance remaining
$1,681,158

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.

Book a Consultation

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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