170 Gracefield Avenue, Toronto, ON
Maple Leaf, Toronto · MLS® W13656348
About This Home
In short
- Income Generated Property.
- Two Suites Currently Leased For $4,800/Month, Utilities Extra.
- Proximity To Major Highway 401 And 400, Close To All Amenities, School At The Opposite Of The Street.
- A Detached Bungalow In A Large 55.77X108.68 Lot.
- Main Floor 3 Cozy And Spacious Bedrooms, Sun Filled Living Room Combined With Dining Room, Eat In Kitchen With Access To Sunroom.
Read the full description
Priced To Sell! Income Generated Property! Two Suites Currently Leased For $4,800/Month, Utilities Extra. Proximity To Major Highway 401 And 400, Close To All Amenities, School At The Opposite Of The Street. A Detached Bungalow In A Large 55.77X108.68 Lot! Living And Renting! Main Floor 3 Cozy And Spacious Bedrooms, Sun Filled Living Room Combined With Dining Room, Eat In Kitchen With Access To Sunroom. Separated Entrance To The Basement Updated In 2021 With A Kitchen And Two Bedrooms And A Bathroom. The Large Bed Room Can Be Used As A Family Room Or A Office. Best For The First Time Home Buyers And Investors.
Key Facts
- Property type
- Detached, Bungalow
- MLS®
- W13656348
- Bedrooms
- 3+2 (5 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 55.77 × 108.68 ft
- Cross streets
- Keele / Lawrence
- Parking
- 1 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,899 / 2025
- Days on market
- 80
- Listing brokerage
- AIMHOME REALTY INC.
Rooms
See all 12 rooms, floor by floor
ceramic floor · double sink
W/O To Yard
hardwood floor · closet · window
hardwood floor · crown moulding · combined w/living
ceramic floor · fireplace
hardwood floor · crown moulding · combined w/dining
hardwood floor · closet · window
Ceramic Floor
enclosed · sliding doors
ceramic floor · wet bar
ceramic floor · w/o to sunroom
hardwood floor · closet · window
Our Take
Team Asgarian · BrokerListed at $1,079,000. Going by how homes in Rustic and the wider GTA have actually closed against their asking prices (about 99%, 5 local closings in 90 days), the likely sale price is near $1.07M, if it sells. A realistic range is $1.00M to $1.20M.
Independent value check: $1.01M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $948K and $1.06M).
Why $1.01M. The typical detached home sold in Rustic over the past year went for about $1.10M (39 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,899 a year; the typical home sold here pays about $5,300.
Longer on the market than typical. 80 days on the market against about 35 for homes like it here, and asking 7% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.07M, from 5 recent closings in this pocket.
The market behind the math:
About 4.8 months of inventory: 8 detached homes for sale in the area against 5 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $830/sqft against an area asking average of $838/sqft.
- Separate-entrance basement apartment features. A finished 2 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Rustic: 7 of the 22 detached leases here lately were basement units, around $2,100 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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $992K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
The 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.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($830/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 Maple Leaf, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in Rustic over the past two years, from 42 closings there.
What sellers nearby are asking
For sale in Maple Leaf now · asking prices
Every home like this one for sale in Maple Leaf right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $870/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 14 for sale in Maple Leaf.
See all comparable homesSold price trend
Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,409 closings in 12 months.
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
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.25M | 742 |
| November 2025 | $1.21M | 601 |
| December 2025 | $1.14M | 385 |
| January 2026 | $1.20M | 287 |
| February 2026 | $1.21M | 459 |
| March 2026 | $1.33M | 584 |
| April 2026 | $1.30M | 784 |
| May 2026 | $1.30M | 868 |
| June 2026 | $1.25M | 778 |
| July 2026 | $1.17M | 687 |
| August 2026 | $1.19M | 553 |
| September 2026 | $1.20M | 681 |
Thinking of selling near Maple Leaf?
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Neighbourhood & location
Maple Leaf, Toronto, ON
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Get the full neighbourhood report (schools, parks, transit & safety) →
Schools & catchment
Assigned attendance-boundary schools, with EQAO resultsThe 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.
Questions About 170 Gracefield Avenue
What is the asking price for 170 Gracefield Avenue?
It is listed at $1,079,000.
How many bedrooms and bathrooms does 170 Gracefield Avenue have?
3+2 bedrooms, and 2 bathrooms.
How big is 170 Gracefield Avenue?
The listing gives 1100-1500 sq ft of living space, on a 55.77 × 108.68 ft lot.
Does 170 Gracefield Avenue have parking?
1 garage space, 5 parking spaces in all.
What are the property taxes on 170 Gracefield Avenue?
$4,899 a year, for 2025.
Is there an offer date for 170 Gracefield Avenue?
The listing does not state an offer date.
Which schools is 170 Gracefield Avenue zoned for?
By the school boards' attendance boundaries: Gracefield Public School, Amesbury Middle School, Weston Collegiate Institute and St. Francis Xavier. Boundaries change, so confirm with the board before relying on it.
When was 170 Gracefield Avenue listed?
It came on the market on August 10, 2026.
Who is the listing brokerage for 170 Gracefield Avenue?
AIMHOME REALTY INC.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.
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
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.
Mortgage amount $863,200 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,821
- Property tax
- $408
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,229
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,055
- Toronto municipal land transfer tax
- $18,055
- Estimated closing costs
- $36,110
Plus your down payment of $215,800. 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
- $289,252
- Principal paid down
- $104,217
- Interest paid
- $185,035
- Balance remaining
- $758,983
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of AIMHOME REALTY INC.. MLS®/PropTx.