51 days on Market

31 Gravenhurst Ave, Toronto, Ontario M3L 1M2

Semi-Detached
3 + 3
3
- sqft
$1,099,999
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Semi-Detached
3 + 3
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,724/mo

Tax Amount (2024)$3,212/yr

Days On Market51 days


Description

This charming bungalow offers incredible income potential with three separate units, each with its own kitchen perfect for investors or multi-generational living. Located in a highly desirable neighborhood, it backs onto a scenic ravine and the Oakdale Golf Course, providing a serene backyard retreat. Just a short walk to Oakdale Public School and close to all amenities, this home boasts the best of both nature and convenience. All three units are currently leased out, with tenants willing to stay or go, making this a fantastic turn-key investment. Whether you're looking to rent out all three units or live in one while generating income from the others, this property is a must-see!


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size3,750 SqFt(125 x 30)
Parking Spaces3
MLS ®NumberW9418757
Community NameDownsview
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment, Fin W/O

Main Floor

Living

7.54 x 3.55

Kitchen

3.77 x 2.61

Dining

7.54 x 3.55

Prim Bdrm

4.25 x 3.06


Features

Lot size: 3,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ROYAL LEPAGE YOUR COMMUNITY REALTY, Brokerage

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Market DataFor the past 30 days in Downsview

Median Selling Price

$900,000

11.94% less than GTA:

$1,022,000

Median Bidding

Underbidding - Trending to buyer market

-$20,000

GTA median: -$14,900

Median Number of Sales

14 sales

445 sales less than GTA:

459 sales

Median Number of Days on Market

32 days

17 days more than GTA:

15 days

Want more insights?Visit the Market Pulse


Population and Demographics

Overview

Total population 43894
Average household income $106,204

Age (%)

20 to 34
22%
0 to 19
22%
35 to 49
21%
50 to 64
21%
65 and plus
15%

Household composition (%)

Single family
63%
Single person
28%
Multi person
7%
Multi family
2%

Mother tongue (%)

English
51%
Italian
10%
Spanish
9%
Tagalog (Pilipino, Filipino)
7%
Vietnamese
5%
Others
4%
Portuguese
3%
Yue (Cantonese)
1%
Turkish
1%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget