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New2 hours ago

216 Gracefield Avenue

Rustic, Toronto

$1,749,900

Detached|2-Storey
4 | 4 | 6
About this home

*Wow*Beautiful & Spacious 2-Family Home In The Heart Of Toronto's Rustic Neighbourhood!*An Exceptional Opportunity To Own A Wonderful Family Home In A Prime Location Close To Top-Rated Schools, Parks, Recreation Centre, Hwy 400 & All Amenities!*Welcoming Curb Appeal Featuring A Double Garage, Long Interlocked Driveway, Covered Front Loggia With Charming Arched Entryway & Double Door Entry Leading Into An Impressive Grand Foyer!*Fantastic Open-Concept Design Offering Generous Principal Rooms & An Ideal Layout For Everyday Family Living & Effortless Entertaining!*Spacious Living & Dining Rooms Featuring Beautiful Hardwood Floors, Elegant Crown Mouldings & California Shutters*Family-Sized Kitchen With Upgraded Laminate Flooring & Walkout To A Private Balcony Overlooking The Backyard*Inviting Family Room Complete With A Cozy Fireplace & French Doors*Convenient Main Floor Laundry Room With Shower, Perfect For A Wash-Down Station, Plus A Separate Side Entrance!*Upstairs Features 4 Generously Sized Bedrooms All With Large Closets & Oversized Windows Including A Spacious Primary Bedroom With 4-Piece Ensuite & A 5-Piece Main Bathroom*The Fully Finished Walk-Out Basement Apartment Offers Incredible Versatility & Additional Living Space Featuring An Eat-In Kitchen, Walk-In Pantry, Wet Bar, Spacious Recreation Room With Fireplace & Decorative Wainscoting, Bathroom & Direct Walkout To A Private Fenced Backyard!*A Wonderful Outdoor Space For Summer BBQs, Family Gatherings & Plenty Of Room For Children & Pets To Play!*An Ideal Opportunity For Growing Families, Multi-Generational Living Or Those Seeking Additional Income Potential!*A Fantastic Home Offering Space, Comfort & Endless Possibilities In A Convenient Toronto Location!*Put This Beauty On Your Must-See List Today!*

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,591
Lot Size60.33 ft x 104.9 ft
mls© NumberW14134246
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$8,957
Property tax
$549
Heat allowance
$150
Housing costs
$9,656 / mo

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

Down payment20% · $349,980
25-yr amortization

Income needed

$297,000

gross annual household income

Payment at 4%
$7,364 / mo
Cash down
$349,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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