246 Grandravine Drive, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Glenfield-Jane Heights. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $849,000 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 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 56.04 x 96.59 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Situated on an impressive 56-foot pie-shaped corner lot with parking for up to 6 vehicles, this spacious and well-maintained two storey semi-detached home offers over 2,000 sq. ft. of finished living space and exceptional versatility for families and investors alike. Bright and inviting throughout, the home features hardwood floors, pot lights, generous principal rooms, a renovated kitchen and stainless steel appliances, upgraded bathrooms, and spacious bedrooms including a primary suite with custom closets. The renovated basement boasts a separate side entrance, full kitchen, private laundry, and excellent income potential as a rental suite or in-law acomodation. Enjoy a large backyard, abundant storage, and an unbeatable location just steps to shopping, schools, parks, playgrounds, TTC transit, and everyday conveniences, with easy access to York University, Downsview Park, and major highways. A rare opportunity offering space, flexibility, and outstanding value.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School, School Bus Route
Interior Features
In-Law Suite
Security Features
Smoke Detector
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 246 Grandravine Drive, Toronto W05, ON M3N 1J3
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 $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.
