182 Gracefield Avenue, Toronto, ON
Rustic, Toronto · MLS® W13144724
About this home
This luxurious 5-level backsplit offers over 3,500 sq ft of thoughtfully designed living space, including a beautifully finished multi-level basement apartment with outstanding income and multi-generational living potential. Showcasing high-end finishes, elegant design, and exceptional attention to detail throughout.Situated on a rare oversized pie-shaped lot that widens at the rear, the property features a stunning backyard oasis, perfect for entertaining, family gatherings, or relaxing in your own private retreat. Offering a true cottage-like lifestyle, this outdoor space is a rare find in Toronto.Designed for modern family living, this impressive residence features 4+1 spacious bedrooms, 4 luxurious bathrooms, 2 fully equipped kitchens, and 2 separate laundry areas. The main level is enhanced with elegant custom millwork including crown moulding, wainscoting, and designer feature walls. The chef-inspired kitchen is equipped with premium stainless steel appliances, an impressive 8-foot quartz island, quartz countertops, and a sleek modern backsplash, ideal for both everyday living and entertaining.The standout lower-level suite includes a private separate entrance, making it ideal for extended family, in-laws, nanny accommodations, or a potential income-generating rental apartment. Complete with a gourmet kitchen featuring a large island, an expansive living area with a cozy gas fireplace, a private bedroom with walk-in closet, stylish 3-piece bathroom, and dedicated laundry room.Located in the highly sought-after Rustic/Maple Leaf neighbourhood, enjoy the perfect blend of urban convenience and peaceful residential charm. Walking distance to excellent public and Montessori schools, parks, shopping, and transit, with quick access to Yorkdale Mall, major highways, and downtown Toronto.
Key facts
- Property type
- Detached, Backsplit 5
- MLS®
- W13144724
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 4
- Size
- 2000-2500
- Lot
- 62.31 × 166.48 ft
- Cross streets
- Maple Leaf Dr & Keele St
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Metal
- Sewer
- Sewer
- Property tax
- $6,628 / 2025
- Days on market
- 60
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Weston Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Income potential
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 27% above the area average of $680/sqft.
59 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Rustic, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
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.
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 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.
Mortgage amount $1,559,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,320
- Property tax
- $552
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,873
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35,455
- Toronto municipal land transfer tax
- $35,455
- Estimated closing costs
- $70,910
Plus your down payment of $389,800. 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
- $499,228
- Principal paid down
- $198,564
- Interest paid
- $300,664
- Balance remaining
- $1,360,636
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.