A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 141 Gracefield Ave, Toronto Ontario M6L 1L4
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50 days on Market

141 Gracefield Ave, Toronto, Ontario M6L 1L4

Detached
4 + 3
7
~1500-2000 sqft
$1,469,000
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Detached
4 + 3
7
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$857/sqft

Est. Mortgage$6,309/mo

Tax Amount (2024)$5,586/yr

Days On Market50 days


Description

Must see, custom renovated income producing property! 4 completely independent apartments (three 2 bed, 2 bath apartments + one 1 bed, 1 bath apartment), all with separate entrances, en-suite laundry, full kitchen, and luxurious finishes. Quartz countertops in all kitchens. 51 x 129 ft lot in the sought after Maple Leaf neighbourhood! Premium porcelain tiles & engineered hardwood flooring through the main apartments. Porcelain tile & luxury vinyl flooring in basement apartments. Front main level apartment (2 bed, 2 bath). Rear basement apartment (1 bed, 1 bath). 9 foot ceilings on main level, 8 ft ceilings in basement. Fully renovated in 2019. Single attached garage. Two furnaces, 2 A/C units. **REAR MAIN LEVEL APARTMENT IS NOW VACANT!*** ***MAIN FRONT APARTMENT WILL BE VACANT AS OF APRIL 1** CAN BE PURCHASED AS AN OWNER OCCUPIED INVESTMENT PROPERTY! MAIN FRONT 2 br, 2 bath: $2300 month to month (tenant leaving and will be vacant for April 1st). MAIN REAR 2 bed, 2 bath: VACANT (previously $2400/month). LOWER FRONT 2 bed, 2 bath: $2000 month to month. LOWER REAR 1 bed, 1 bath: $1500 month to month. 98,400 gross annual rental income when fully occupied! All Inclusive rents. BOTH MAIN LEVELS WILL BE VACANT, leaving opportunity to convert back to single family main level, keeping two basement apartments for additional income!


Property Details

StyleBungalow
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size6,120 SqFt(120 x 51)
Parking Spaces7
MLS ®NumberW11966943
Community NameMaple Leaf Drive
Data SourceTRREB
Listing byKELLER WILLIAMS REFERRED URBAN REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Apartment

Main Floor

Kitchen

5.63 x 3.0

Porcelain Floor / Large Window / Eat-In Kitchen

Living

3.5 x 3.5

hardwood floor / Large Window

Br

2.93 x 3.0

Window / hardwood floor / 3 Pc Ensuite

Br

2.93 x 3.0

Window / hardwood floor / Closet


Features

Lot size: 6,120 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 6

Total parking spaces 7


Property listed by KELLER WILLIAMS REFERRED URBAN REALTY, Brokerage

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Market Data - Maple Leaf Drive

Geo Zone Map ThumbnailMaple Leaf Drive

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

45 days

2023

12 days

2022

13 days

New Listings

Past 30 days

17 listings

Compared to

2024

6 listings

2023

12 listings

2022

20 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

7 units

2022

10 units

Median Sold Price

Past 30 days

$1,440,000

Compared to

2024

$1,192,500

2023

$1,170,000

2022

$1,471,250


Population and Demographics

Overview

Total population 17905
Average household income $107,305

Age (%)

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

Household composition (%)

Single family
66%
Single person
28%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
51%
Italian
14%
Spanish
8%
Portuguese
7%
Tagalog (Pilipino, Filipino)
5%
Others
3%
Vietnamese
3%
Somali
2%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget