92 Gradwell Drive, Toronto, ON
Cliffcrest, Toronto · MLS® E13751698
About this home
In short
- Welcome to 92 Gradwell Dr - a beautifully updated detached home that blends timeless character with modern comfort in Cliffcrest, one of the east ends most sought...
- Set on a large 45 x 136 lot, this spacious 4+1 bedroom, 4 bathroom home offers the kind of layout and outdoor space that's getting harder and harder to find in the city.
- Upstairs features four well-sized bedrooms, including a primary retreat with walk in closet and ensuite, while the finished basement adds even more flexibility with a...
- Out back, the private yard leads to an oversized 2-car detached garage complete with heat and power - ideal for car enthusiasts, a workshop, studio space, or simply...
- A rare combination of space, function, and understated luxury in a fantastic family-friendly neighbourhood close to parks, schools, transit, and the waterfront.
Welcome to 92 Gradwell Dr - a beautifully updated detached home that blends timeless character with modern comfort in Cliffcrest, one of the east ends most sought after neighbourhoods. Set on a large 45 x 136 lot, this spacious 4+1 bedroom, 4 bathroom home offers the kind of layout and outdoor space that's getting harder and harder to find in the city. Inside, you'll find bright, thoughtfully designed living spaces with an easy flow that works just as well for everyday family life as it does for entertaining. Upstairs features four well-sized bedrooms, including a primary retreat with walk in closet and ensuite, while the finished basement adds even more flexibility with a fifth bedroom (or home office), additional living space, room for guests, or the perfect kids play area. Out back, the private yard leads to an oversized 2-car detached garage complete with heat and power - ideal for car enthusiasts, a workshop, studio space, or simply the ultimate storage setup. A rare combination of space, function, and understated luxury in a fantastic family-friendly neighbourhood close to parks, schools, transit, and the waterfront. This is the kind of home you move into and stay for years.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13751698
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (2 half)
- Size
- 2000-2500 sq ft
- Lot
- 45 × 136 ft
- Cross streets
- Gradwell & Kingston Rd
- Parking
- 2 garage · 6 parking (detached)
- Driveway
- Private
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,956 / 2025
- Days on market
- 41
- Listing brokerage
- THE WEIR TEAM, BROKERAGE INC.
Rooms
Listed at $1,890,900. Going by how homes in Cliffcrest and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $1.83M, if it sells. A realistic range is $1.71M to $2.06M.
Independent value check: $1.54M. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $1.45M and $1.62M).
Why $1.54M. The typical detached home sold in Cliffcrest over the past year went for about $950K (81 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $7,956 a year; the typical home sold here pays about $4,500.
- ▲ Raises it stronglyIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it slightly4+1 bedrooms and 4 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Likely closing about $1.83M, from 29 recent closings in this pocket.
The market behind the math:
About 0.7 months of inventory: 7 detached homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $840/sqft against an area asking average of $669/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Cliffcrest: 26 of the 93 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.49M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is R H King Academy. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 29 comparable homes that sold in Cliffcrest over the past two years, from 187 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $634/sqft; this home lists at $840/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in Cliffcrest: $883K in September 2026, down 16% from a year ago, on 73 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.03M | 11 |
| November 2025 | $1.16M | 7 |
| December 2025 | $933K | 5 |
| April 2026 | $929K | 8 |
| May 2026 | $936K | 8 |
| June 2026 | $813K | 8 |
| July 2026 | $990K | 6 |
| August 2026 | $853K | 8 |
| September 2026 | $883K | 12 |
Neighbourhood & location
Cliffcrest, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,512,720 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,364
- Property tax
- $663
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,027
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $34,293
- Toronto municipal land transfer tax
- $34,293
- Estimated closing costs
- $68,586
Plus your down payment of $378,180. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $501,845
- Principal paid down
- $184,826
- Interest paid
- $317,019
- Balance remaining
- $1,327,894
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.
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
The suite is real income here: basements rent in Cliffcrest (26 of 93 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 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 numbersThe last 7 whole-home leases in Cliffcrest signed at a median of $4,376 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,617. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of THE WEIR TEAM, BROKERAGE INC.. MLS®/PropTx.