5-10 Grandravine Drive, Toronto, ON

York University Heights, Toronto · MLS® W13033208

$774,888
For Sale
Listed 180 days agoNo offer date statedSitting longer than typical
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3+1Bedrooms
3Bathrooms
1Parking
1200-1399Sq ft

About this home

In short

  • Beautifully renovated end-unit condo townhome in a prime location.
  • The finished basement offers a unique and inviting space, complete with a built-in bar and plenty of room for entertaining, relaxing, or creating your own home retreat.
  • Conveniently located directly across from a community centre and within walking distance to Walmart, this home is also close to transit, shopping, schools, places of...

Beautifully renovated end-unit condo townhome in a prime location! Freshly painted throughout, this bright and spacious home is filled with natural light and offers a functional layout ideal for a growing family or savvy buyer.The main floor features pot lights and a well-designed kitchen with ample space for everyday living and entertaining. As an end unit, the home benefits from additional windows, creating a warm and inviting atmosphere throughout.The finished basement offers a unique and inviting space, complete with a built-in bar and plenty of room for entertaining, relaxing, or creating your own home retreat. It also includes an additional bedroom with a window and closet, perfect for guests or extended family.Conveniently located directly across from a community centre and within walking distance to Walmart, this home is also close to transit, shopping, schools, places of worship, and major highways, offering both comfort and everyday convenience.A rare opportunity to own a move-in ready end unit in a highly desirable community - don't miss out!

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
W13033208
Bedrooms
3+1 (4 total)
Bathrooms
3 (1 half)
Size
1200-1399 sq ft
Cross streets
Keele Street / Sheppard Avenue West
Parking
1 parking
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Asphalt Shingle
Maintenance
$1,223/mo
Exposure
South
Property tax
$1,800 / 2025
Days on market
180
Listing brokerage
RE/MAX MILLENNIUM REAL ESTATE

Rooms

Bedroom 3Second3.20 × 3.00 m

hardwood floor · large closet · large window

Dining RoomMain3.30 × 3.00 m

pot lights · combined w/living · hardwood floor

KitchenMain4.01 × 3.10 m

stainless steel appl · quartz counter · pot lights

Living RoomMain5.40 × 4.10 m

combined w/dining · large window · w/o to patio

RecreationBasement6.43 × 4.40 m

laminate · pot lights · wet bar

FoyerMain6.10 × 1.40 m

pot lights · closet · laminate

Bedroom 2Second4.52 × 2.82 m

hardwood floor · large closet · large window

Primary BedroomSecond4.01 × 4.31 m

hardwood floor · large closet · large window

Bedroom 4Basement3.70 × 3.12 m

laminate · window · closet

Our TakeTeam Asgarian · Broker
Worth a closer look
$573Kautomated estimate, from recent sales

Listed at $774,888, about 35% above our estimate of $573K (homes like it typically land between $533K and $602K). A gap this wide is more often a limit of an automated estimate than a fact about the home, so treat the figure as a starting point, not a verdict.

Why $573K. The typical townhouse sold in York University Heights over the past year went for about $598K (14 sales). What sets this one apart:

  • ▲ Raises it3+1 bedrooms and 3 baths, against 3 and 2 typically.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $1,800 a year; the typical home sold here pays about $2,100.
  • ▼ Lowers it slightlyIts maintenance fee is $1,223 a month; the typical unit sold here pays about $630.

Longer on the market than typical. 180 days on the market, and asking 35% above where comparable closings put it.

List price
$533KBelow our range$775KAbove our range

Total price vs nearby homes. Fair value about $573K, learned from recent GTA sales.

The market behind the math:

180days on market so far
$3,006/moest. rent · 10 leases
4.7%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $596/sqft against an area asking average of $598/sqft.

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 and this building.

It never sees the asking price. The 27 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $577K. Condition and finishes remain an in-person call.

What the listing highlights3 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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 Stilecroft Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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

Priced above comparable homes overall, but the price per square foot ($596/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in York University Heights, so I widened the search to the surrounding area.

Based on 27 comparable homes that sold in York University Heights over the past two years, from 32 closings there.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$672kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $789K, which is where my estimate comes from.

Per square foot, these ask about $505/sqft; this home lists at $596/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
775kThis home770k500k745kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

Neighbourhood & location

York University Heights, 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.

Downsview-Roding-CFB
$699K
St. Andrew-Windfields
$929K
Casa Loma
$2.80M
Islington-City Centre West
$588K
Niagara
$902K

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 Stilecroft Public School
60%
Stilecroft Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 60% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Jerome Catholic School · Catholic elementary0.4 km · 66% at standard
Sheppard Public School · Public elementary0.8 km · 24% at standard
Derrydown Public School · Public elementary0.8 km · 34% at standard
Africentric Alternative School · Public elementary0.9 km · 57% at standard
Lamberton Public School · Public elementary1.1 km · 63% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary1.3 km · 66% at standard
St Martha Catholic School · Catholic elementary1.6 km · 58% at standard
Topcliff Public School · Public elementary1.7 km · 34% at standard
St. Margherita of Cittá di Castello Catholic School · Catholic elementary1.8 km · 75% at standard
Blaydon Public School · Public elementary1.9 km · 38% at standard
Oakdale Park Middle School · Public elementary1.9 km · 55% at standard
ALPHA II Alternative School · Public secondary2.0 km

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

Affordability & Mortgage

Affordability
$3,532/mo
$165KIncome needed
4.7×Price ÷ income
$815Weekly cost
$23,946Land 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.

72%mortgage
Mortgage $3,532Property tax $150Condo fee $1,223Total carry $4,904

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,428per month

Mortgage amount $619,910 · 4.49% over 25 years

$154,978Down payment (20.0%)
$619,910Loan before insurance
$0CMHC premium
$4,801Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,428
Property tax
$150
Condo / maintenance fees
$1,223
Heating
$0
Estimated monthly cost
$4,801

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

One-time closing costs

Ontario land transfer tax
$11,973
Toronto municipal land transfer tax
$11,973
Estimated closing costs
$23,946

Plus your down payment of $154,978. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,149/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

$408,367Total interest paid
$1,028,277Total of all payments
Principal $619,910 Interest $408,367
YearPrincipalInterestBalance
1$13,834$27,297$606,077
2$14,462$26,669$591,615
3$15,118$26,013$576,496
4$15,805$25,326$560,691
5$16,523$24,609$544,169
6$17,273$23,858$526,896
7$18,057$23,074$508,839
8$18,877$22,254$489,962
9$19,734$21,397$470,228
10$20,630$20,501$449,598
11$21,567$19,564$428,032
12$22,546$18,585$405,486
13$23,569$17,562$381,916
14$24,640$16,491$357,277
15$25,758$15,373$331,518
16$26,928$14,203$304,591
17$28,151$12,981$276,440
18$29,429$11,702$247,011
19$30,765$10,366$216,246
20$32,162$8,969$184,085
21$33,622$7,509$150,463
22$35,149$5,983$115,314
23$36,744$4,387$78,570
24$38,413$2,718$40,157
25$40,157$974$0

At the end of your 5-year term

Total paid over the term
$205,655
Principal paid down
$75,742
Interest paid
$129,914
Balance remaining
$544,169

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 10 whole-home leases in York University Heights$3,006/mo
$36,072Gross annual rent
1.9%Cap rate after taxes and upkeep
$2,766 to $3,247Typical rent range

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 10 whole-home leases in York University Heights signed at a median of $2,881 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,006. 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.

4.7%
Gross yield
− Property tax $1,800− Condo fees $14,671− Insurance $600− Vacancy & upkeep $3,968Net operating income $15,033

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

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