Welcome to this remarkable Backsplit 5 detached located in the coveted neighborhood of York University Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,349,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Well maintained Detached 5-Level Backsplit situated on a premium ravine lot! This spacious and versatile home offers 4 generous bedrooms, 3 bathrooms, and an ideal layout for large or multi-generational families. Featuring skylights that fill the home with natural light, 2 kitchens, and a fully finished basement with separate entrance, a second kitchen, expansive rec room, and walk-out to the private ravine backyard, this home is perfect for extended living or entertaining. Enjoy bright principal rooms, functional living spaces, and the rare combination of privacy and convenience in a sought-after location close to schools (York University), parks, Steps to TTC, shopping, and major highways.
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Data-driven valuation for 169 Grandravine Drive, Toronto, ON M3J 1B6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,349,000 in Toronto, the legal minimum down payment is $269,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $23,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,455 also applies, bringing the total estimated land transfer taxes to $46,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.