MLS® listing
14 St Margarets Drive: detached house for sale
$8,488,000
From the listing brokerage
Nestled on one of **Hoggs Hollow's** most prestigious streets, this * European-inspired *limestone and Tyndall stone estate backs onto the **Don River**, offering exceptional privacy, breathtaking natural beauty, and timeless elegance. Inspired by Tuscany and masterfully designed by an Italian architect, this residence is rich in old-world craftsmanship and refined luxury. A grand foyer with stained glass detailing welcomes you into elegant principal rooms, including a formal living room with a custom European-inspired fireplace and a sophisticated dining room highlighted by a copper ceiling and exquisite raised-panel wood detailing. The spectacular family room features soaring cathedral ceilings, exposed wood beams, wrought-iron chandeliers, and a dramatic floor-to-ceiling stone fireplace, all over/l gardens, pool, and river. The Italian-inspired chef's kitchen is a true showpiece, featuring premium appliances, and a separate prep kit designed for effortless entertaining. A richly finished private study-featuring leather flooring, a stunning copper ceiling, custom built-in shelving, and a balcony overlooking the *Don River-offers a one-of-a-kind retreat. Upstairs, beautiful Italian lighting leads to a grand hallway and six generously sized ensuite bedrooms, crowned by an extraordinary primary retreat featuring a fireplace, a boutique-style walk-in closet, and tranquil views overlooking the lush gardens and the Don River beyond-creating a true private sanctuary. The fully finished lower level extends the home's exceptional living space with a spacious recreation lounge featuring a fireplace , wet bar, glass-enclosed gym, custom wine cellar, second kitchen, nanny suite, and walk-in cedar room. Large walkouts open directly to a spectacular resort-style backyard with a *heated pool, outdoor fireplace, built-in BBQ, wood-fired pizza oven, elegant stone terraces, mature trees, and professionally landscaped grounds-all overlooking the tranquil beauty of the Don River.
Facts on the listing
| Square feet | 5000 + |
|---|---|
| Style | 2-Storey |
| Basement | Finished with Walk-Out |
| Lot width | 90 |
| Lot depth | 195 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 7 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $46,422 |
| Tax year | 2025 |
| Interior features | Carpet Free, Built-In Oven, Auto Garage Door Remote, In-Law Suite, Guest Accommodations, In-Law Capability |
| View | River |
Listing courtesy of RE/MAX REALTRON ELI BAKHTIARI TEAM REALTY. MLS® C13643450.
About this detached house
14 St Margarets Drive is a 7 bedroom detached house in TRREB's Bridle Path-Sunnybrook-York Mills community in Toronto, listed for sale at $8,488,000. The listing shows 10 bathrooms and 5000 + square feet. The style is given as 2-storey. The lot is listed as 90 by 195 feet. The listing gives the basement as finished with walk-out. It comes with 7 parking spaces and a built-in garage according to the listing. The nearest main intersection given is Yonge and York Mills.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 14 St Margarets Drive
At the asking price of $8,488,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $8,488,000 |
|---|---|
| Ontario land transfer tax | $198,675 |
| Toronto municipal land transfer tax | $386,695 |
| Both taxes | $585,370 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $1,697,600 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. The rates above $2,000,000 used here are the ones for a home with one or two single family residences. A property with more units is taxed differently. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $46,422 a year, about $3,869 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $8,488,000, which is $7,318,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 90 by 195 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 14 St Margarets Drive
How much is land transfer tax on 14 St Margarets Drive?
At the asking price of $8,488,000 the Ontario tax is $198,675 and the Toronto tax is $386,695, $585,370 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 14 St Margarets Drive?
$1,697,600 at the asking price of $8,488,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 14 St Margarets Drive?
The listing shows $46,422 a year for 2025, about $3,869 a month.
Is 14 St Margarets Drive priced above or below the median?
It is listed at $8,488,000. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $7,318,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 14 St Margarets Drive?
Use the form on this page or call us. Quote MLS® C13643450. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 14 St Margarets Drive still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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