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New4 days ago

46 Cosmic Drive

Banbury-Don Mills, Toronto

$2,499,000

Detached|2-Storey
5 | 4 | 8
About this home

Tucked away on a quiet, tree-lined street in the prestigious Banbury-York Mills community, this south-facing executive residence offers approximately 3,000 sq. ft. of bright, thoughtfully designed living space above grade.A welcoming foyer illuminated by a skylight opens to spacious principal living areas, including an expansive kitchen, family room, formal living room, and a dedicated home office - ideal for both comfortable family living and elegant entertaining. The second floor features five well-proportioned bedrooms, with four bathrooms throughout the home.Fully renovated in 2018 with City permits, this home offers significant upgrades and peace of mind where it matters most. Aluminum wiring was replaced with copper wiring throughout, the electrical service was upgraded to 200 amps, and natural gas was brought into the home - a particularly valuable feature in a neighbourhood where many homes still rely on alternative energy sources. The kitchen is equipped with a gas range and a full suite of Bosch appliances, including a dishwasher, built-in oven, and microwave.Professionally landscaped grounds complement the expansive lot, while the oversized driveway accommodates up to eight vehicles. The backyard features a low-maintenance composite deck, installed in 2023, perfect for outdoor relaxation and entertaining. An EV charger was also installed in 2025.Ideally situated within the highly sought-after Denlow Public School district and serving York Mills Collegiate Institute for secondary education, this home is also conveniently located near some of Toronto's top private schools, including Crescent School, Toronto French School, and Havergal College. Enjoy easy access to Longo's, nearby shopping plazas, community centres, parks, and major highways.

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nest zoom realty
(416) 276-9973
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$13,121
Lot Size68.92 ft x 120 ft
mls© NumberC14155572
Listed ByHOMELIFE LANDMARK REALTY INC.

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,791
Property tax
$1,093
Heat allowance
$150
Housing costs
$14,034 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $499,800
25-yr amortization

Income needed

$432,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

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