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Listed 7 days ago

114 Gracefield Avenue

Maple Leaf, Toronto

$799,000

Detached|Bungalow
2 | 2 | 6
About this home

Welcome to this charming, move-in ready home offering the perfect opportunity for first-time buyers, young professionals, or growing families. Featuring 2+1 bedrooms and 2 full bathrooms, this well-maintained property combines comfortable living with incredible future potential. Move in and enjoy as-is, or renovate and customize to suit your personal style. Situated on a desirable lot with room to add a second floor, this home offers the opportunity to add on as your family's needs grow. The finished lower level features a separate living space with excellent income potential, making it ideal for an in-law suite or future rental to help offset your mortgage. Whether you're looking for your first home, a smart investment, or a property with room to grow, this home checks all the boxes. Conveniently located close to parks, schools, shopping, transit, and everyday amenities, it's an opportunity you won't want to miss.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,335
Lot Size35 ft x 142 ft
mls© NumberW13613950
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY

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%
$4,090
Property tax
$361
Heat allowance
$150
Housing costs
$4,601 / mo

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

Down payment20% · $159,800
25-yr amortization

Income needed

$142,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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