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Neighbourhood in North York

Homes for rent in Banbury-Don Mills

Name: HOMEH Market Pulse — Banbury-Don Mills, North York closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

family-friendly community-oriented suburban

Banbury-Don Mills is a quiet neighborhood in North York. It offers a mix of residential options and good amenities for families.

Strong school ratings with an average of 8.4 Diverse housing mix including high-rise apartments Many parks and playgrounds for outdoor activities Good access to grocery stores and restaurants Approximately 50% of residents are immigrants

Banbury-Don Mills, North York — HOMEH neighbourhood guide

North York, Ontario

Day to dayLivability

Schools near listings

out of 10 · averaged over 4,308 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,299,000

48% above North York 83% above Ontario

In Banbury-Don Mills

$1,299,000

In North York

$879,450

In Ontario

$709,900

Median monthly rent

$2,700/mo

4% above North York 8% above Ontario

In Banbury-Don Mills

$2,700

In North York

$2,600

In Ontario

$2,500

≈ 40.1 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

174

Median $1,299,000

Condos 91 · Houses 83

For rent

Median $2,700

Condos 60 · Houses 23

Recently sold

Recently leased

Market data as of 2026-10-25. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Family-friendly environment with many schools
Rich in parks and recreational spaces
Higher median income compared to the city average
Good public transit options available

Keep in mind

Housing prices are above the city median
Higher rent prices compared to the city average

The feel of the placeLifestyle

Daily life in Banbury-Don Mills is relaxed and community-oriented, with plenty of green spaces for families to enjoy.

Great for families first-time buyers professionals

Within the boundaryWhat's nearby

The boundary

10.0 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 10.0 km² of Banbury-Don Mills. From OpenStreetMap, as of 2026-10-26.

The schoolsWhich schools, and how they rate

8.4/10

Average rating of the 3 rated schools in this area

Elementary

Secondary

Northmount
Independent · TO Private Non-Inspected
10.0/109.8 over 5 yrs
1st of 3,045 Ontario elementary schools
18 students
St Bonaventure Catholic School
Catholic · Grades JK–8 · Toronto CDSB
8.2/108.7 over 5 yrs
262nd of 3,045 Ontario elementary schools
580 students · EQAO 2024-2025
Don Mills Middle School
Public · Grades 6–8 · Toronto DSB
7.0/107.1 over 5 yrs
220th of 3,045 Ontario elementary schools
340 students · EQAO 2024-2025
Ace Acumen High School
Independent
Not rated
Alathena International Elementary School
Independent
Not rated
Brick Labs Academy
Independent
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Banbury-Don Mills, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

27,472

Population (2021)

10.0 km²

Area

2,758

People per km²

49.1

Median age

$109,920

Median income

60%

Own their home

2.3

People per household

12,235

Households

Every age

Children (under 15)12.7%
Working age (15–64)61.2%
Seniors (65+)26.1%

What is built here

Detached houses28.3%
Semi-detached2.3%
Townhouses6.1%
Low-rise apartments10.3%
High-rise apartments52.7%

Own or rent

60%Owners

40%Renters

Across 12,235 households

When it was built

Mostly 1961–1980

1960 or earlier24%
1961–198028%
1981–199013%
1991–200010%
2001–20057%
2006–20108%
2011–20155%
2016–20213%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

50.3%
Born outside Canada: 49.3%
Hold a degree or higher: 52.4%
Employment rate: 16%
Commute by transit: 73%
Commute by car: 1.6
Children per family: $92,015
Median income after tax: $159,386
Average household income: 11.1%
Living on a low income: $1,671/mo
Renters pay, per month: $1,661/mo
Owners pay, per month: $1,412,447
Median home value at census: 36.5%
Renters spending 30%+ of income on housing: 26.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 31 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Through September 2026 Deep sales history

What homes in Banbury-Don Mills actually rent for

1,283 homes were leased in Banbury-Don Mills over the 12 months to September 2026. Half leased above $2,335 and half below, 13.8% lower than the 12 months before. A typical home found its tenant in 21 days — 3 days quicker than a year ago.

Median rent: $2,335; -13.8% year over year
Days to lease: 21; 3 days quicker
Leases closed: 1,283; last 12 months
Rent per square foot: $3.30/mo; from 1,168 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

$4,091$3,289$2,486$1,684

Oct ’23Oct ’24Sep ’25Sep ’26

Median rent Middle half of leases

What renters actually paid

$2,997/mo

on a $3,000 asking rent — under ask by $3

−10%Asking rent+10%

Of the asking rent: 99.9%
Leased over asking: 9.6%

From 1,283 leases that closed here in the last 12 months.

Rent or buy in Banbury-Don Mills

28.1 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$786,118

330 sales

Median rent

$2,335/mo

1,283 leases

Gross rental yield

3.56%

before costs

Both figures come from deals that actually closed in Banbury-Don Mills over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually rents in Banbury-Don Mills

A single median hides this: the mix of homes behind it, and what each kind costs.

1,283leases

Condo apartment$2,30187.4%
Detached$5,2035.8%
Other kinds of home$2,2311.2%
Multiplex$2,0000.4%
Other kinds, too few of each —5.2%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Banbury-Don Mills, rentals

Monthly closed leases in Banbury-Don Mills
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	59	$2,550	$2,200 – $3,025	19	100.0%
Aug 2026	78	$2,400	$2,150 – $3,100	20	100.0%
Jul 2026	126	$2,400	$2,100 – $2,838	20	100.0%
Jun 2026	143	$2,250	$2,000 – $2,498	16	100.0%
May 2026	168	$2,300	$2,150 – $2,713	20	100.0%
Apr 2026	151	$2,200	$1,950 – $2,488	16	100.0%
Mar 2026	146	$2,325	$2,100 – $2,684	27	100.0%
Feb 2026	105	$2,150	$1,850 – $2,550	19	100.0%
Jan 2026	95	$2,350	$2,000 – $2,875	22	100.0%
Dec 2025	73	$2,400	$2,200 – $2,800	25	98.4%
Nov 2025	76	$2,475	$2,100 – $3,200	25	100.0%
Oct 2025	63	$2,600	$2,325 – $3,225	20	100.0%
Sep 2025	68	$2,738	$2,250 – $3,300	27	100.0%
Aug 2025	86	$2,723	$2,300 – $3,400	18	100.0%
Jul 2025	78	$2,550	$2,300 – $3,400	27	100.0%
Jun 2025	76	$2,725	$2,300 – $3,300	20	100.0%
May 2025	62	$2,815	$2,250 – $3,725	23	100.0%
Apr 2025	53	$2,600	$2,200 – $3,300	21	100.0%
Mar 2025	57	$2,500	$2,250 – $3,250	26	100.0%
Feb 2025	37	$2,700	$2,300 – $3,400	23	100.0%
Jan 2025	44	$2,675	$2,338 – $3,225	29	100.0%
Dec 2024	36	$2,800	$2,338 – $3,925	28	100.0%
Nov 2024	46	$2,775	$2,413 – $3,450	34	100.0%
Oct 2024	38	$3,100	$2,500 – $3,650	13	100.0%
Sep 2024	49	$3,000	$2,500 – $3,650	27	100.0%
Aug 2024	96	$3,125	$2,479 – $3,900	32	100.0%
Jul 2024	79	$2,800	$2,450 – $3,350	29	100.0%
Jun 2024	54	$2,973	$2,400 – $3,200	35	100.0%
May 2024	55	$2,599	$2,398 – $3,275	37	100.0%
Apr 2024	91	$2,400	$2,300 – $3,100	33	100.0%
Mar 2024	46	$2,500	$2,250 – $3,088	30	100.0%
Feb 2024	37	$2,400	$2,250 – $3,100	21	100.0%
Jan 2024	67	$2,600	$2,300 – $3,100	21	100.0%
Dec 2023	51	$2,450	$2,293 – $2,900	18	100.0%
Nov 2023	62	$2,800	$2,500 – $3,250	17	100.0%
Oct 2023	42	$2,650	$2,550 – $3,375	9	100.0%

What people ask about Banbury-Don Mills

How much does a home cost in Banbury-Don Mills?

Homes in Banbury-Don Mills sold for a median of $786,118 over the 12 months to September 2026, across 330 closed sales — half sold for more and half for less. That is 10.1% lower than the 12 months before it.

How long does it take to sell a home in Banbury-Don Mills?

A home in Banbury-Don Mills took a median of 29 days on the market over the 12 months to September 2026. Homes there closed at 96.2% of the asking price on average, with 13.9% selling over asking.

How much is rent in Banbury-Don Mills?

The median lease in Banbury-Don Mills closed at $2,335 a month over the 12 months to September 2026, across 1,283 leases.

Is it cheaper to rent or buy in Banbury-Don Mills?

A home in Banbury-Don Mills costs about 28.1 years of the rent on one — the median price of $786,118 against a median rent of $2,335 a month, a gross yield of 3.56%. The shorter that number, the closer buying is to renting before financing costs.

What kind of homes sell in Banbury-Don Mills?

Over the 12 months to September 2026 the mix in Banbury-Don Mills was condo apartment (61.2% of sales, median $615,540) and detached (21.5% of sales, median $2,355,648).

Compiled by HOMEH from leases reported closed in Banbury-Don Mills on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Banbury-Don Mills

A condo here is 3.8× cheaper than detached houses

Half the condo apartments that changed hands in Banbury-Don Mills over the 12 months to September 2026 sold above $615,540. The neighbourhood's median across every kind of home was $786,118 — one number, two markets.

Condo apartment$615,540

Detached$2,355,648

Median closed prices over the 12 months to September 2026, from 330 sales in Banbury-Don Mills. Medians describe the group, never one home.

Median condo sold price: $616K; 202 closed sales
Median condo rent: $2,301/mo; 1,121 leases
Days to sell: 32; median, condo apartments
Share of all sales: 61%; of everything that closed here

87condo apartments for sale 55condo apartments for rent

At a glance