$5,580,000

$5,680,000For salePrice drop↓ $100,000 (2%)

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16 Brian Cliff Drive, Toronto (Banbury-Don Mills) - Single Family for Sale

16 Brian Cliff Drive, Toronto (Banbury-Don Mills), Ontario, M3B2G2

8 beds8 baths parking

46 Cosmic Drive, Toronto (Banbury-Don Mills), Ontario, M3B3G2

5 bd4 ba8 pk3,250 ft²Lot size 69 × 120 ft (8,268 sq ft)

Listed by HOMELIFE LANDMARK REALTY INC.

24 Deepwood Crescent, Toronto (Banbury-Don Mills), Ontario, M3C1N8

For saleJust listed

Yesterday

$1.23M

24 Deepwood Crescent, Toronto (Banbury-Don Mills), Ontario, M3C1N8

3 bd2 ba3 pk1,300 ft²Lot size 62 × 118 ft (7,245 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

12 A Preakness Drive, Toronto (Banbury-Don Mills), Ontario, M3B3S1

For saleJust listed

2 days ago

$1.50M

12 A Preakness Drive, Toronto (Banbury-Don Mills), Ontario, M3B3S1

3 bd4 ba4 pk1,750 ft²Lot size 29 × 86 ft (2,471 sq ft)

Listed by BOSLEY REAL ESTATE LTD.

11 Hemford Crescent, Toronto (Banbury-Don Mills), Ontario, M3B2S4

For saleJust listed

2 days ago

$1.40M

11 Hemford Crescent, Toronto (Banbury-Don Mills), Ontario, M3B2S4

4 bd1 ba4 pk1,300 ft²Lot size 41 × 120 ft (4,872 sq ft)

Listed by ROYAL LEPAGE SIGNATURE REALTY

Investment analysis

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$5,580,000

Toronto

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Description

Rarely Offered Exquisite Private Home in the Heart of Toronto! Large Premium Ravine Lot With 100 Ft Frontage Besides Prestigious Edwards Gardens! Over 5,800 sqft of Interior Living Space plus 2,300 sqft in Basement! This Beautifully Uniquely Designed Home W/Distinction & Elegance! Bordering On Ravine Setting Offers Peaceful Living & Ideally Designed For Entertaining. Just Minutes Away From Edward Gardens, Top Public and Private Schools, TTC Bus Station, Malls, Shopping And Highway. Perfect lot for self-living or Redevelopment!! (id:66096)

Property Details

MLS®: C13540162
Property Type: Single Family
Bedrooms: 8
Beds (above / below): 7 above · 1 below
Bathrooms: 8
Half Baths: 2
Parking: 10
Interior Size: 5,000+ ft²
Lot Size: 100 × 563 ft (1.29 acres)
Frontage: 100 ft
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Pool: Yes
Ownership: Freehold
Property Tax: $26,165.31/yr
Listed: 121 days ago

Rooms

Ground level

Foyer: 7.84 x 7.06 meters
Family room: 4.98 x 7.13 meters
Living room: 4.46 x 5.12 meters
Dining room: 4.88 x 6.06 meters
Kitchen: 4.2 x 5.76 meters
Office: 4.6 x 3.95 meters
Bedroom: 4.28 x 3.88 meters
Bedroom: 4.59 x 4.77 meters
Bedroom: 4.41 x 4.6 meters
Primary Bedroom: 4.67 x 7.52 meters

Second level

Bedroom: 4.6 x 3.21 meters
Bedroom: 4.67 x 3.75 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Gas stove(s), Dishwasher, Range, Oven, Dryer, Hood Fan, Window Coverings, Two Washers
Flooring: Hardwood, Carpeted, Stone
Foundation: Unknown
Exterior: Wood, Stone
Lot Features: Wooded area, Irregular lot size, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

121d

Toronto (Banbury-Don Mills) listings, avg age

49d

List price

$5.58M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M3B)

This home lists at $5,580,000, about 46.1× the local median household income of $121,000.

Carrying it typically needs a household income of about $1,089,969 (20% down, 25-yr amortization, stress-tested) — roughly 801% above the area median.

Median household income: $121,000
Population: 12,880
Median age: 49.2
Owner / renter: 77% / 23%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M3B)

$5,580,000

For sale

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Full Cost Breakdown

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Down Payment20% · $1,116,000

Min 20%50%

Mortgage payment$23,797/mo

Property tax (est.)$2,180/mo

Total monthly$25,978

Cash Needed to Close

Down payment (20%)$1,116,000

Land transfer tax$251,950

Est. closing costs$19,240

Total cash needed$1,387,190

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16 Brian Cliff Drive, Toronto (Banbury-Don Mills) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M3B)

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Full Cost Breakdown