MLS® listing
16 Sagewood Drive: detached house for sale
$3,988,000
From the listing brokerage
Welcome to an elegant residence in York Mills' Banbury community, where exceptional craftsmanship and generous living spaces create a warm welcome from the moment you enter. Set on an impressive 84 x 125 ft. lot, this five-bedroom, six-bathroom home offers over 6,000 sq. ft. of living space and a three car garage. A grand two-storey foyer, featuring floor-to-ceiling wainscoting, exquisite custom millwork, and refined finishes, sets the tone throughout. Spacious living and dining rooms provide a gracious setting for entertaining, complemented by a private office and an inviting family room. The Bloomsbury chef's kitchen features Sub-Zero and Wolf appliances, a centre island, and a generous breakfast area that opens onto the stone patio and backyard, perfect for morning coffee or evenings with friends. A mudroom and laundry area provide direct access to the three-car garage, adding ease to everyday living. Upstairs, the spacious primary suite offers a peaceful retreat with a beautifully appointed ensuite, alongside four additional bedrooms and two full bathrooms. The finished lower level includes a recreation room, wet bar, gas fireplace, and flexible space ideal for a billiards room or a guest or nanny suite with its own three-piece ensuite. The home is just a seven-minute walk from **TOP RANKED Denlow PS, Windfields Middle School, Northern Secondary School, York Mills CI School nearby**. It is also steps from Banbury Community Centre, Banbury Tennis Club, Windfields Park, and scenic ravine trails, and minutes from the Shops at Don Mills and Edwards Gardens, with easy access to the TTC and major highways. A home of timeless elegance, with space to entertain beautifully and warmth to settle in.
Facts on the listing
| Square feet | 3500-5000 |
|---|---|
| Style | 2-Storey |
| Basement | Full, Finished |
| Lot width | 84 |
| Lot depth | 125 |
| Lot measured in | Feet |
| Faces | North |
| Parking spaces | 6 |
| Garage | Built-In |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Property tax | $15,217 |
| Tax year | 2026 |
| Parking | Private Triple |
| Interior features | Auto Garage Door Remote |
| Features | Fenced Yard, Park, Public Transit, School |
Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS® C14030706.
About this detached house
16 Sagewood Drive is a 5 bedroom detached house in TRREB's Banbury-Don Mills community in Toronto, listed for sale at $3,988,000. The listing shows 6 bathrooms and 3500-5000 square feet. The style is given as 2-storey. The lot is listed as 84 by 125 feet. The listing gives the basement as full, finished. It comes with 6 parking spaces and a built-in garage according to the listing. The nearest main intersection given is York Mills/ Bayview.
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 16 Sagewood Drive
At the asking price of $3,988,000, 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 | $3,988,000 |
|---|---|
| Ontario land transfer tax | $86,175 |
| Toronto municipal land transfer tax | $104,947 |
| Both taxes | $191,122 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $797,600 |
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 (2026) | $15,217 a year, about $1,268 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 $3,988,000, which is $2,818,000 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, 84 by 125 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed.
- 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. 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.
About Don Mills
A mix of detached houses and apartment buildings in TRREB's Banbury-Don Mills community, where the median sale across all property types was $853,000 from April to June 2026 (TRREB). Line 5 Eglinton opened a station at Don Mills Road in February 2026.
Transit: Line 5 Eglinton at Don Valley, Aga Khan Park & Museum and Wynford stations on Eglinton Avenue East. TTC buses 25 Don Mills, 54 Lawrence East, 100 Flemingdon Park and 162 Lawrence-Donway
| Property type | Median | Sales and average |
|---|---|---|
| All property types | Median $853,000 | 90 sales, average $1,366,127 |
| Detached | About $2,398,000 | 27 sales, average about $2,758,000 |
| Semi-detached | About $1,225,000 | 7 sales, average about $1,301,000 |
| Condo townhouse | About $739,000 | 4 sales, average about $751,000 |
| Condo apartment | About $638,000 | 50 sales, average about $680,000 |
| Freehold townhouse (TRREB att/row/townhouse) | No price reported | 2 sales |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Don Mills
Is Don Mills a good place to live?
That depends on your budget and how you travel. From April to June 2026 the condo apartment median was about $638,000 and the detached median about $2,398,000 (TRREB). Line 5 Eglinton stops at Don Mills Road and the area has two public library branches, a community centre and Edwards Gardens.
Is Don Mills on the subway?
Line 5 Eglinton, which opened on February 8, 2026, has Don Valley station at Eglinton Avenue East and Don Mills Road. The 25 Don Mills bus serves the station. From there it is 5 stops west to Eglinton station on Line 1.
How much does a house cost in Don Mills?
TRREB recorded 27 detached sales in Banbury-Don Mills from April to June 2026 with a median of about $2,398,000. The 7 semi-detached sales had a median of about $1,225,000.
How much is a condo in Don Mills?
From April to June 2026 the condo apartment median was about $638,000 across 50 sales and the condo townhouse median about $739,000 across 4 sales (TRREB). Size, parking and fees move individual prices.
Is Don Mills a heritage conservation district?
No. The City of Toronto's list of heritage conservation districts does not include a district in Banbury-Don Mills. Individual properties can still be designated, so check the exact address with the City.
Which hospitals are near Don Mills?
North York General Hospital is at 4001 Leslie Street and Sunnybrook Health Sciences Centre is at 2075 Bayview Avenue.
Read the Don Mills neighbourhood guide · All Don Mills homes for sale
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Questions about 16 Sagewood Drive
How much is land transfer tax on 16 Sagewood Drive?
At the asking price of $3,988,000 the Ontario tax is $86,175 and the Toronto tax is $104,947, $191,122 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 16 Sagewood Drive?
$797,600 at the asking price of $3,988,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 16 Sagewood Drive?
The listing shows $15,217 a year for 2026, about $1,268 a month.
Is 16 Sagewood Drive priced above or below the median?
It is listed at $3,988,000. 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 $2,818,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 16 Sagewood Drive?
Use the form on this page or call us. Quote MLS® C14030706. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 16 Sagewood 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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