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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® C14097094For SaleDetached

24 Cedarbank Cres

Banbury-Don Mills, Toronto, Ontario M3B 3A4

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24 Cedarbank Cres, Toronto, photo 1
Asking$2,299,000
Bedrooms
5+1
Bathrooms
4
Size
2,500–3,000sq ft
Per sq ft
$836at the range’s middle
Lot
53 x 129.91 ft
Tax a year
$9,9612025 tax year
Parking
3none
Days on market
Members

The brief

About 24 Cedarbank Cres

24 Cedarbank Cres is a 5+1-bedroom, 4-bathroom detached house in Banbury-Don Mills, Toronto, listed for sale at an asking price of $2,299,000 (MLS® C14097094).

Welcome to this exceptional 5+1 bedroom, 4 bathroom residence offering over 2,500 square feet of bright living space plus a fully finished walk-out lower level. Situated on a premium ravine lot that expands to over 61 feet wide at the rear, this home is tucked away on a quiet, peaceful street in the highly sought after Don Mills community. Step inside to a spacious main floor featuring high ceilings and a versatile layout. The main level includes a convenient bedroom that functions perfectly as a dedicated home office. Gather in the light-filled living room, centred around a cozy wood-burning fireplace. The heart of the home is the expansive eat-in kitchen, complete with built-in bench seating. From the living room and kitchen, walk straight out to a large, east-facing deck-the perfect spot for morning coffee overlooking the private yard and mature ravine trees.The upper level features four well-proportioned bedrooms, including a primary retreat equipped with a luxury ensuite bathroom with heated floors, offering serene views of the backyard. A dedicated second floor laundry room adds daily convenience, alongside three additional spacious bedrooms.The fully finished walk-out lower level expands your living space. The massive family room features a second wood-burning fireplace, creating a warm ambiance. Step through the glass doors directly onto a covered patio, where you can unwind in your private hot tub while taking in the peaceful ravine backdrop. The additional lower level bedroom offers excellent flexibility for guests and the expansive recreation room is a perfect fitness room or hobby space. Located close to great public and private schools. With the DVP and TTC close by, commuting is seamless. Enjoy incredible convenience with the nearby Shops of Don Mills, providing premium dining, entertainment, and shopping just minutes from your front door. This ravine property perfectly blends urban accessibility with private, natural serenity.

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$5,319/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 detached homes with 6 bedrooms for lease in Banbury-Don Mills right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$9,961 / 2025
MLS® number
C14097094
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
2500-3000 sqft
Lot Size
53 x 129.91 ft
Listed on
Parking
None, 3 Parking
Listing brokerage: RE/MAX PRIME PROPERTIES - UNIQUE GROUPData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Banbury-Don Mills
Municipality
Toronto

Building

Size
2500-3000 sqft
Construction
Stucco/Plaster

Inside

Bedrooms
5+1
Bathrooms
4
Bathroom Details
1 × 2pc Main, 1 × 4pc 2nd, 1 × 5pc 2nd, 1 × 4pc Lower
Basement Type
Finished with Walk-Out
Kitchens
1

Parking

Driveway
Pvt Double
Garage Type
None
Additional Parking
3
Total Parking
3

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
53 ft
Depth
129.91 ft
Lot Size
53 x 129.91 ft

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
Yes
Pool
None
Den
Yes
Family room
Yes
Extras
S/S Fridge, countertop stove, S/S b/I oven, microwave & dishwasher. Washer and dryer, Hot water tank, basement fridge and mini fridge, all window coverings, all elfs, hot tub, CAC, Cvac, trampoline, play set, patio storage bin, garden shed and built in speakers.

Rooms

RoomSizeFeaturesLevel
Dining3.43 × 6.02 mhardwood floor, O/Looks Frontyard, West ViewMain
Living4.5 × 5.03 mhardwood floor, Fireplace, W/O To DeckMain
Kitchen3.18 × 4.06 mhardwood floor, W/O To Deck, O/Looks BackyardMain
5th Br3.12 × 6.35 mhardwood floor, Large Closet, West ViewMain
Primary3.89 × 4.6 mLarge Closet, 4 Pc Ensuite, O/Looks Backyard2nd
2nd Br2.84 × 3.3 mhardwood floor, Closet, West View2nd
3rd Br3.15 × 3.38 mhardwood floor, Closet, O/Looks Backyard2nd
4th Br2.64 × 2.87 mhardwood floor, Closet, O/Looks Backyard2nd
Family4.01 × 5.0 mFireplace, W/O To Patio, O/Looks BackyardLower
Rec3.35 × 6.35 mhardwood floor, B/I Desk, Built-In SpeakersLower
Br3.2 × 3.61 mCloset, O/Looks Backyard, East ViewLower
Other2.79 × 5.46 mLaundry Sink, B/I Shelves, Cedar ClosetLower

Listing history

Buy/sell history for 24 Cedarbank Cres, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,299,000N/AFor SaleC14097094

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $459,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$459,800
Total mortgage amount
$1,839,200
Total interest payment
$1,307,500
Total purchase cost
$3,606,500
Mortgage payment
$10,489/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

61%

Monthly carrying cost

$11,319
−$5,319per month
  • Rent $6,000
  • Shortfall $5,319

Rental income opens at $6,000, the median asking rent of 7 comparable homes for lease in Banbury-Don Mills. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$43,950
Toronto municipal land transfer tax
$43,950
Total land transfer tax
$87,900
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$79,425
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $2,299,000
$7,475
Ontario total
$43,950

Toronto’s municipal tax uses the same brackets at this price, so it adds another $43,950.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Street frontage
53 ft16.2 m
Depth
129.91 ft39.6 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by MPAC.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

16 records · 9 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideInside Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 7,460 sq ft6 building permits issued within 250 m in the last 2 yearsNearest airport: 9.1 kmNearest rail line: 50 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • Inside Toronto and Region Conservation Authority’s mapped regulated areaHere the area is drawn from flood hazard, crest of slope, river meander belt, wetland mapping. Work on the property, such as an addition or grading, may need a permit from Toronto and Region Conservation Authority. It does not mean the house floods.At the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m4 test or monitoring holes also recorded.250 m

Toronto and Region Conservation Authority · Province of Ontario open data

Planning and building activity4

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • 6 building permits issued within 250 m in the last 2 years250 m
  • Nearest airport: 9.1 km9.1 km
  • Mapped parcel: about 7,460 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address

Province of Ontario open data · Municipal building permits · toronto.parcels

Around the home2

  • Nearest rail line: 50 m50 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Agropur Cooperative — Agropur Coopérative - Usine de Don Mills, 1.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • In the mapped Ravine and Natural Feature Protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RD (f15.0; a550) (x5)

By-law

569-2013

Municipality

Toronto
Residential Detached zone (RD)
  1. 1 f15.0

    Frontage: at least 15.0 m.

  2. 2 a550

    Lot area: at least 550 m² per dwelling unit.

  3. 3 x5

    Site-specific exception 5: this site has rules of its own, written in the by-law.

  4. 4 Where this is written

    Chapter 10, section 10.20 of By-law 569-2013 · Exception 900.3.10(5)

  5. 5 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

1 building permit cleared at this address in the City’s file.

  • Building Permit Related(PS)Closed

    Plumbing - Partial second storey addition

    Issued July 21, 2008

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 2 open development applications within 800 m of this home.

  • 240 THE DONWAY WSite planUnder Review

    The Site Plan application proposes the development of a six (6)-storey apartment building with a place of worship on the ground floor. The existing place of worship buildings will be demolished. An Options for Homes development.


    750 m away

  • 230 THE DONWAY WSite planUnder Review

    The Site Plan application proposes the development of a six (6)-storey apartment building with a place of worship on the ground floor. The existing place of worship buildings will be demolished. An Options for Homes development.


    800 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Detached homes for sale in Banbury-Don Mills right now

For sale now
80
Median asking price
$2.57M

Middle half: $1.97M to $4.57M

New in 7 days
11

34 in 28 days

Price cuts
13%

10 listings

This home is asking 11% below the median.

See all homes in Banbury-Don Mills

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Wynford StationTTC light rail: Line 5 Eglinton2.2 km
Aga Khan Park & Museum StationTTC light rail: Line 5 Eglinton2.2 km
Don Valley StationTTC light rail: Line 5 Eglinton2.3 km
Oriole GOGO Transit train: Richmond Hill3.3 km
Don Mills StationTTC subway: Line 4 Sheppard3.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Norman Ingram Public SchoolToronto DSBPublic · grades JK–5900 m65%Grade 3 average
Three Valleys Public SchoolToronto DSBPublic · grades JK–5950 m71%Grade 3 average
St Catherine Catholic SchoolToronto CDSBCatholic · grades JK–81.1 km57%Grade 3 average
École élémentaire Jeanne-LajoieConseil scolaire ViamondeFrench-language public · grades JK–61.6 km91%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Don Mills Collegiate InstituteToronto DSBPublic · grades 9–12700 m54%Grade 9 math
Senator O'Connor College SchoolToronto CDSBCatholic · grades 9–12 · French Immersion2 km64%Grade 9 math
Victoria Park Collegiate InstituteToronto DSBPublic · grades 9–122.1 km57%Grade 9 math
École secondaire Étienne-BrûléConseil scolaire ViamondeFrench-language public · grades 9–122.9 km77%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Recently sold nearby

Sold prices in Banbury-Don Mills are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record