20 Gracefield Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Maple Leaf. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $970,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 53.4 x 183.97 ft lot
- Features a separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Surrounded by mature trees and deceptively large inside, 'the little grey home on Gracefield' awaits your magic touch! The massive lot (53 feet wide by 184 feet deep!) was enjoyed for decades by the original owners and truly is the perfect backyard oasis. You could reimagine the interior and move in right away if you wish (and let the developers chase you later). Ultra convenient location in the highly coveted Maple Leaf neighbourhood. Easy walk to schools and just steps to public transit. Super quick access to major highways, Yorkdale Mall and all of life's conveniences.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 20 Gracefield Avenue, Toronto W04, ON M6L 1L1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $970,000 in Toronto, the legal minimum down payment is $72,000 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 $15,875 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,875 also applies, bringing the total estimated land transfer taxes to $31,750.
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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.
