169 Grandravine Drive, Toronto, ON

York University Heights, Toronto · MLS® W13936268

$1,199,900
For Sale
Listed 4 days agoNo offer date stated

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4Bedrooms
3Bathrooms
2Garage · 4 parking
2000-2500Sq ft

About this home

In short

  • Ideally located in the sought-after York University Heights community, this spacious detached home backs onto a peaceful ravine and offers an exceptional opportunity...
  • The family room features a wood-burning fireplace and a direct walkout to an elevated balcony overlooking the ravine, creating a beautiful connection to the outdoors.
  • The primary bedroom includes a private ensuite bath, while multiple living areas provide flexibility for families of all sizes.
  • Additional highlights include hardwood floors, skylights, and a basement with a ground-level walk-out to the backyard.
  • With its generous layout, unique multi-level design, expansive lot, and ravine setting, this home offers possibilities beyond the typical backsplit.

Ideally located in the sought-after York University Heights community, this spacious detached home backs onto a peaceful ravine and offers an exceptional opportunity for living, investment, or creating your forever home. Situated on an oversized 57 x 118 ft* lot that widens to over 74 ft along the backyard greenspace, the property provides an impressive outdoor setting-perfect for entertaining, relaxing, and enjoying time with family and friends. Inside, this bright and spacious 4-bedroom, 3-bathroom home offers an abundance of living space across five levels. The family room features a wood-burning fireplace and a direct walkout to an elevated balcony overlooking the ravine, creating a beautiful connection to the outdoors. The primary bedroom includes a private ensuite bath, while multiple living areas provide flexibility for families of all sizes. Additional highlights include hardwood floors, skylights, and a basement with a ground-level walk-out to the backyard. With its generous layout, unique multi-level design, expansive lot, and ravine setting, this home offers possibilities beyond the typical backsplit. Conveniently located close to schools, parks, transit, grocery stores, and a variety of local amenities. A rare opportunity to enjoy space, privacy, and natural surroundings in the heart of York University Heights.

Key facts

Property type
Detached, Backsplit 5
MLS®
W13936268
Bedrooms
4
Bathrooms
3 (1 half)
Size
2000-2500 sq ft
Lot
57.61 × 118 ft
Cross streets
Keele/Sheppard
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,916 / 2026
Days on market
4
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

RecreationBasement8.41 × 57.49 m

w/o to yard · ceramic floor · l-shaped room

Great RoomLower8.05 × 4.24 m

broadloom · above grade window · electric fireplace

KitchenMain3.58 × 2.92 m

ceramic floor · large window · b/i oven

Bedroom 2Upper3.83 × 3.40 m

large window · closet · hardwood floor

Family RoomIn Between8.48 × 3.58 m

w/o to balcony · hardwood floor · fireplace

Bedroom 3Upper3.23 × 2.77 m

large window · closet · hardwood floor

Dining RoomMain3.28 × 3.20 m

hardwood floor · large window · pot lights

Primary BedroomUpper4.50 × 3.40 m

walk-in closet(s) · ensuite bath · hardwood floor

KitchenLower4.04 × 3.32 m

ceramic floor · window · eat-in kitchen

Living RoomMain4.90 × 4.22 m

hardwood floor · large window · overlooks dining

Living RoomMain4.90 × 4.22 m

hardwood floor · pot lights · large window

Living RoomMain4.90 × 4.22 m

hardwood floor · pot lights · large window

BreakfastMain3.10 × 2.57 m

ceramic floor · large window · overlooks frontyard

Dining RoomMain3.28 × 3.20 m

hardwood floor · large window · overlooks living

Bedroom 4In Between3.76 × 3.23 m

hardwood floor · closet · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

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.

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
Lamberton Public School · Public elementary0.6 km · 63% at standard
Sheppard Public School · Public elementary0.9 km · 24% at standard
Derrydown Public School · Public elementary1.0 km · 34% at standard
Africentric Alternative School · Public elementary1.0 km · 57% at standard
St Martha Catholic School · Catholic elementary1.1 km · 58% at standard
St Wilfrid Catholic School · Catholic elementary1.2 km · 74% at standard
St. Margherita of Cittá di Castello Catholic School · Catholic elementary1.2 km · 75% at standard
Topcliff Public School · Public elementary1.2 km · 34% at standard
Oakdale Park Middle School · Public elementary1.2 km · 55% at standard
Yorkwoods Public School · Public elementary1.3 km · 16% at standard
James Cardinal McGuigan Catholic High School · Catholic secondary1.5 km · 66% at standard
ALPHA II Alternative School · Public secondary1.5 km

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

Affordability & Mortgage

Affordability
$5,469/mo
$227KIncome needed
5.3×Price ÷ income
$1,262Weekly cost
$40,946Land 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.

92%mortgage
Mortgage $5,469Property tax $493Total carry $5,962

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)
$5,308per month

Mortgage amount $959,920 · 4.49% over 25 years

$239,980Down payment (20.0%)
$959,920Loan before insurance
$0CMHC premium
$5,801Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,308
Property tax
$493
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,801

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

One-time closing costs

Ontario land transfer tax
$20,473
Toronto municipal land transfer tax
$20,473
Estimated closing costs
$40,946

Plus your down payment of $239,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,424/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

$632,349Total interest paid
$1,592,269Total of all payments
Principal $959,920 Interest $632,349
YearPrincipalInterestBalance
1$21,421$42,269$938,499
2$22,394$41,297$916,105
3$23,411$40,280$892,694
4$24,474$39,217$868,220
5$25,585$38,106$842,635
6$26,747$36,944$815,889
7$27,961$35,730$787,928
8$29,230$34,460$758,698
9$30,558$33,133$728,140
10$31,945$31,746$696,195
11$33,396$30,295$662,799
12$34,912$28,779$627,888
13$36,497$27,194$591,391
14$38,154$25,537$553,237
15$39,886$23,804$513,350
16$41,697$21,993$471,653
17$43,591$20,100$428,062
18$45,570$18,121$382,493
19$47,639$16,052$334,854
20$49,802$13,889$285,052
21$52,063$11,628$232,989
22$54,427$9,264$178,562
23$56,898$6,793$121,664
24$59,482$4,209$62,182
25$62,182$1,509$0

At the end of your 5-year term

Total paid over the term
$318,454
Principal paid down
$117,285
Interest paid
$201,169
Balance remaining
$842,635

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
Estimate$4,200/mo
$50,400Gross annual rent
3.1%Cap rate after taxes and upkeep

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 numbers

Estimates 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.

4.2%
Gross yield
− Property tax $5,916− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $37,540

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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