12 Graymar Avenue, Toronto, ON

Clanton Park, Toronto · MLS® C13715060

$1,039,000
For Sale
Listed 16 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage · 5 parking
700-1100Sq ft

About this home

In short

  • Welcome to 12 Graymar Avenue, a rare opportunity to create your perfect home in one of North York's most sought-after family neighbourhoods.
  • Nestled on a prime corner on a quiet, tree-lined street in the heart of Clanton Park, this charming bungalow sits on a generous 43 x 121 ft lot, offering endless...
  • Commuting is effortless with nearby TTC transit, Highway 401, and Yorkdale Shopping Centre just minutes away, along with restaurants, shopping, recreation, and more.
  • Whether you're envisioning your forever home or your next exciting project, 12 Graymar Avenue offers the location, lot, and potential to make that vision a reality.

Welcome to 12 Graymar Avenue, a rare opportunity to create your perfect home in one of North York's most sought-after family neighbourhoods. Nestled on a prime corner on a quiet, tree-lined street in the heart of Clanton Park, this charming bungalow sits on a generous 43 x 121 ft lot, offering endless possibilities for today's buyer. Whether you're searching for your first home, looking to downsize into a peaceful community, or dreaming of building a spectacular custom residence, this property provides the ideal canvas. Move in and update the existing home to reflect your own style, or take advantage of the exceptional lot and join the many stunning custom homes that have transformed this highly desirable street. Families will love the welcoming neighbourhood where children can safely ride their bikes and play outside, while enjoying easy access to excellent schools, parks, and every convenience imaginable. Commuting is effortless with nearby TTC transit, Highway 401, and Yorkdale Shopping Centre just minutes away, along with restaurants, shopping, recreation, and more. Opportunities like this are becoming increasingly rare. Whether you're envisioning your forever home or your next exciting project, 12 Graymar Avenue offers the location, lot, and potential to make that vision a reality.

Key facts

Property type
Detached, Bungalow
MLS®
C13715060
Bedrooms
2
Bathrooms
1
Size
700-1100 sq ft
Lot
43.5 × 121 ft
Cross streets
Bathurst/Wilson
Parking
1 garage · 5 parking (attached)
Driveway
Private
Basement
Partially Finished, Separate Entrance
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,304 / 2025
Days on market
16
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Dining RoomGround2.33 × 3.76 m

hardwood floor · combined w/living

LaundryLower1.61 × 2.74 m
KitchenGround4.21 × 3.12 m

tile floor · window

BedroomLower4.08 × 2.80 m
Bedroom 2Ground2.85 × 3.32 m

hardwood floor · window · closet

Primary BedroomGround3.22 × 4.06 m

hardwood floor · window · closet

Living RoomLower4.06 × 3.51 m
BedroomLower4.08 × 3.86 m
Living RoomGround5.43 × 3.76 m

hardwood floor · window

Our TakeTeam Asgarian · Broker
In line
$997Kest. value

Listed at $1,039,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $997K, typically $892K to $1.08M. Comparable closings on their own put this home around $900K, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.

Second read, from the city assessment: $1.10M. That is about 22% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.

One thing to square: the homes for sale nearby are asking more than this one. My estimate is built on recent closings, and around here sellers have been asking more than buyers end up paying. So this can be the least expensive home on the street and still be priced ahead of where sales actually land.

List price
$892KBelow recent closings$1.08MAbove recent closings

Total price vs nearby homes. Fair value about $997K, median of 14 comparables.

The market behind the math:

18sold nearby · 90 days
$1.33Mmedian sold price
95%of asking, on average
−5%prices vs a year ago
~28 dayshomes like this take to sell
16days on market so far
$2,336/moest. rent · 9 leases
2.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.2 months of inventory: 19 detached homes for sale in the area against 18 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,154/sqft against an area asking average of $875/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 14 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.10M, a bit higher.

Schools & getting aroundcatchment and transit

Its public catchment (William Lyon Mackenzie Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

There were not many closely comparable homes right in Clanton Park, so I widened the search to the surrounding area.

Based on 14 comparable homes that sold in Clanton Park over the past two years, from 129 closings there.

What sellers nearby are askingCurrently listed nearby in Clanton Park · asking prices
$1.22Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $900K, which is where my estimate comes from.

Per square foot, these ask about $936/sqft; this home lists at $1,154/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.04MThis home998k1.39M900k1.25M1.55MThis home vs active comparables

Neighbourhood & location

Clanton Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Newtonbrook West
$1.70M
Edenbridge-Humber Valley
$3.99M
High Park-Swansea
$1.47M
Kingsway South
$3.75M
Wexford-Maryvale
$1.10M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Faywood Arts-Based Curriculum School
70%
Faywood Arts-Based Curriculum SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Summit Heights Public School · Public elementary0.9 km · 85% at standard
Baycrest Public School · Public elementary1.1 km · 69% at standard
St Robert Catholic School · Catholic elementary1.3 km · 74% at standard
Dublin Heights Elementary and Middle School · Public elementary1.3 km · 68% at standard
Bannockburn Public School · Public elementary1.6 km
Ledbury Park Elementary and Middle School · Public elementary1.6 km · 77% at standard
Armour Heights Public School · Public elementary1.7 km · 70% at standard
St Norbert Catholic School · Catholic elementary2.0 km · 70% at standard
Flemington Public School · Public elementary2.0 km · 36% at standard
Lawrence Heights Middle School · Public elementary2.1 km · 44% at standard
Ancaster Public School · Public elementary2.2 km · 47% at standard
John Polanyi Collegiate Institute · Public secondary2.3 km · 54% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,735/mo
$201KIncome needed
5.2×Price ÷ income
$1,093Weekly cost
$34,510Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $4,735Property tax $525Total carry $5,261

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,481per month

Mortgage amount $831,200 · 4.24% over 25 years

$207,800Down payment (20.0%)
$831,200Loan before insurance
$0CMHC premium
$5,006Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,481
Property tax
$525
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,006

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$17,255
Toronto municipal land transfer tax
$17,255
Estimated closing costs
$34,510

Plus your down payment of $207,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$5,437/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$513,128Total interest paid
$1,344,328Total of all payments
Principal $831,200 Interest $513,128
YearPrincipalInterestBalance
1$19,205$34,568$811,995
2$20,028$33,745$791,968
3$20,886$32,887$771,082
4$21,781$31,992$749,301
5$22,714$31,059$726,587
6$23,687$30,086$702,900
7$24,702$29,071$678,197
8$25,761$28,012$652,437
9$26,865$26,908$625,572
10$28,016$25,757$597,556
11$29,216$24,557$568,340
12$30,468$23,305$537,872
13$31,774$21,999$506,098
14$33,135$20,638$472,963
15$34,555$19,218$438,408
16$36,036$17,737$402,372
17$37,580$16,193$364,793
18$39,190$14,583$325,603
19$40,869$12,904$284,733
20$42,621$11,153$242,113
21$44,447$9,326$197,666
22$46,351$7,422$151,315
23$48,337$5,436$102,977
24$50,409$3,364$52,569
25$52,569$1,204$0

At the end of your 5-year term

Total paid over the term
$268,866
Principal paid down
$104,613
Interest paid
$164,253
Balance remaining
$726,587

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 9 whole-home leases in Clanton Park$2,336/mo
$28,032Gross annual rent
1.7%Cap rate after taxes and upkeep
$1,879 to $2,915Typical rent range

The suite is real income here: basements rent in Clanton Park (20 of 68 recent detached leases were basement units, around $1,850 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,850 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 9 whole-home leases in Clanton Park signed at a median of $2,186 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,336. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

2.7%
Gross yield
− Property tax $6,304− Insurance $1,400− Vacancy & upkeep $3,084Net operating income $17,244

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.

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