402-80 Grandravine Drive, Toronto, ON

York University Heights, Toronto · MLS® W13451426

$468,000
For Sale
Listed 125 days agoNo offer date statedSitting longer than typical
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3Bedrooms
1Bathrooms
1Garage
900-999Sq ft

About this home

Spacious and well-maintained 3-bedroom condo featuring a functional layout and generous living areas. Situated in a desirable North York neighbourhood, this home offers exceptional convenience with easy access to TTC, schools, parks, shopping, and all essential amenities. An excellent opportunity for families, first-time home buyers, or investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13451426
Bedrooms
3
Bathrooms
1
Size
900-999 sq ft
Cross streets
Keele St. & Sheppard Ave. W
Parking
1 garage (underground)
Basement
None
Heating
Baseboard
A/C
Window Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Maintenance
$962/mo
Exposure
South
Property tax
$1,300 / 2025
Days on market
125
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Primary BedroomFlat4.32 × 3.38 m
KitchenFlat4.31 × 3.09 m
Bedroom 2Flat3.62 × 2.95 m
Bedroom 3Flat3.76 × 2.90 m
Living RoomFlat5.18 × 4.04 m
Dining RoomFlat3.08 × 2.94 m

W/O To Balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$450Klikely sale price

Listed at $468,000. Going by how homes in York University Heights and the wider GTA have actually closed against their asking prices (about 96%, 11 local closings in 90 days), the likely sale price is near $450K, if it sells. A realistic range is $424K to $487K.

Independent value check: $382K. Without looking at the asking price, our model values the home itself about 18% below the ask (homes like it typically land between $356K and $402K).

Why $382K. The typical condo sold in York University Heights over the past year went for about $465K (75 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $1,300 a year; the typical home sold here pays about $2,000.
  • ▲ Raises itIt is 900 to 999 sq ft; the typical home sold here is 800 to 899.
  • ▲ Raises it slightly3 bedrooms and 1 baths, against 2+1 and 1 typically.

Longer on the market than typical. 125 days on the market against about 55 for homes like it here, and asking 22% above where comparable closings put it.

List price
$424KBelow recent closings$487KAbove recent closings

Total price vs nearby homes. Likely closing about $450K, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$465Kmedian sold price
93%of asking, on average
−11%prices vs a year ago
~26 dayshomes like this take to sell
125days on market so far
$2,954/moest. rent · 145 leases
7.6%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.9 months of inventory: 18 condo apartment homes for sale in the area against 11 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 $493/sqft against an area asking average of $482/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $370K. Condition and finishes remain an in-person call.

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 ($493/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 3 homes sold in this building over the past two years, plus 2 nearby in York University Heights, from 91 closings in York University Heights.

What sellers nearby are askingCurrently listed nearby in York University Heights · asking prices
$534kavg asking

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 $564/sqft; this home lists at $493/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
468kThis home448k496k540k653kThis home vs active comparables

Sold price trend

Median sold price for condos in York University Heights: $480K in September 2026, level with a year ago, on 60 closings in 9 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$530K11
January 2026$440K5
February 2026$454K6
March 2026$463K6
April 2026$465K9
May 2026$483K6
June 2026$455K6
July 2026$505K5
September 2026$480K6

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.

Bayview Village
$543K
Dovercourt-Wallace Emerson-Junction
$640K
North St. James Town
$765K
Kensington-Chinatown
$585K
Little Portugal
$549K

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 elementary0.5 km · 66% at standard
Derrydown Public School · Public elementary0.7 km · 34% at standard
Sheppard Public School · Public elementary0.9 km · 24% at standard
Lamberton Public School · Public elementary1.0 km · 63% at standard
Africentric Alternative School · Public elementary1.0 km · 57% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary1.1 km · 66% at standard
Topcliff Public School · Public elementary1.6 km · 34% at standard
St Martha Catholic School · Catholic elementary1.6 km · 58% at standard
St. Margherita of Cittá di Castello Catholic School · Catholic elementary1.7 km · 75% at standard
Oakdale Park Middle School · Public elementary1.8 km · 55% at standard
Yorkwoods Public School · Public elementary1.9 km · 16% 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
$2,133/mo
$106KIncome needed
4.4×Price ÷ income
$492Weekly cost
$11,670Land 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.

67%mortgage
Mortgage $2,133Property tax $108Condo fee $962Total carry $3,204

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,070per month

Mortgage amount $374,400 · 4.49% over 25 years

$93,600Down payment (20.0%)
$374,400Loan before insurance
$0CMHC premium
$3,140Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,070
Property tax
$108
Condo / maintenance fees
$962
Heating
$0
Estimated monthly cost
$3,140

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

One-time closing costs

Ontario land transfer tax
$5,835
Toronto municipal land transfer tax
$5,835
Estimated closing costs
$11,670

Plus your down payment of $93,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,506/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

$246,637Total interest paid
$621,037Total of all payments
Principal $374,400 Interest $246,637
YearPrincipalInterestBalance
1$8,355$16,486$366,045
2$8,734$16,107$357,311
3$9,131$15,711$348,180
4$9,546$15,296$338,634
5$9,979$14,863$328,655
6$10,432$14,409$318,223
7$10,906$13,936$307,318
8$11,401$13,441$295,917
9$11,918$12,923$283,998
10$12,460$12,382$271,539
11$13,025$11,816$258,513
12$13,617$11,225$244,897
13$14,235$10,606$230,662
14$14,881$9,960$215,780
15$15,557$9,284$200,223
16$16,263$8,578$183,960
17$17,002$7,840$166,958
18$17,774$7,068$149,185
19$18,581$6,261$130,604
20$19,424$5,417$111,179
21$20,306$4,535$90,873
22$21,228$3,613$69,645
23$22,192$2,649$47,453
24$23,200$1,642$24,253
25$24,253$588$0

At the end of your 5-year term

Total paid over the term
$124,207
Principal paid down
$45,745
Interest paid
$78,463
Balance remaining
$328,655

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 145 whole-home leases in York University Heights$2,954/mo
$35,448Gross annual rent
3.9%Cap rate after taxes and upkeep
$2,806 to $3,101Typical rent range
~25 daysTo find a tenant, on average

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 145 whole-home leases in York University Heights signed at a median of $2,640 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,954. 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.

7.6%
Gross yield
− Property tax $1,300− Condo fees $11,549− Insurance $600− Vacancy & upkeep $3,899Net operating income $18,099

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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