182 Gracefield Avenue, Toronto, ON

Rustic, Toronto · MLS® W14087860

$1,799,000
For Sale
Listed 3 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • EXCEPTIONAL OUTDOOR LIVING - ALL WITHOUT LEAVING TORONTO.
  • Featuring 4+1 bedrooms, 4 bathrooms, 2 kitchens and 2 separate laundry areas, this home offers incredible flexibility for large families, multigenerational living, or...
  • The beautifully finished lower level offers its own separate entrance, second chef-inspired kitchen, spacious living area with gas fireplace, bedroom with walk-in...
  • Step outside to a spectacular backyard oasis set on a rare oversized lot that widens at the rear.
  • Imagine a future pool, sport court, outdoor kitchen, gardens and endless space to entertain, play and unwind.

SPACE. QUALITY. EXCEPTIONAL OUTDOOR LIVING - ALL WITHOUT LEAVING TORONTO. Welcome to 182 Gracefield Avenue, an impressive multi-level backsplit offering approximately 4,100 sq. ft. of total living space, including the finished lower level. Featuring 4+1 bedrooms, 4 bathrooms, 2 kitchens and 2 separate laundry areas, this home offers incredible flexibility for large families, multigenerational living, or the opportunity to live in and rent. Exceptional craftsmanship and premium finishes are showcased throughout, including custom millwork, crown moulding, wainscoting and designer feature walls. The chef-inspired kitchen features premium stainless steel appliances, quartz countertops and an impressive 8-ft island, perfect for everyday living and entertaining. The beautifully finished lower level offers its own separate entrance, second chef-inspired kitchen, spacious living area with gas fireplace, bedroom with walk-in closet, spa-like bathroom and dedicated laundry - ideal for extended family or potential rental income. Step outside to a spectacular backyard oasis set on a rare oversized lot that widens at the rear. Imagine a future pool, sport court, outdoor kitchen, gardens and endless space to entertain, play and unwind. Complete with a double-car garage and private driveway with parking for up to 6 vehicles. 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®
W14087860
Bedrooms
4+1 (5 total)
Bathrooms
4
Size
2000-2500 sq ft
Lot
50 × 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
3
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

Bedroom 2Second4.57 × 3.00 m
Dining RoomMain4.27 × 3.48 m
Furnace RoomLower4.83 × 1.37 m
KitchenMain5.79 × 3.86 m
Family RoomMain9.17 × 3.51 m
Living RoomMain4.32 × 4.27 m
FoyerMain4.50 × 1.75 m
Bedroom 3Second3.45 × 3.15 m
Primary BedroomSecond4.52 × 3.40 m
BedroomLower3.40 × 2.29 m
RecreationLower3.56 × 3.45 m
KitchenLower5.66 × 3.89 m
Bedroom 4Main3.48 × 2.79 m
Living RoomLower7.72 × 5.89 m
LaundryLower3.18 × 3.05 m
Cold Room/CantinaLower6.10 × 1.40 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Rustic, 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.

Dovercourt-Wallace Emerson-Junction
$1.25M
Stonegate-Queensway
$2.25M
Islington-City Centre West
$1.54M
St. Andrew-Windfields
$4.10M
Willowdale East
$2.19M

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 Gracefield Public School
29%
Gracefield Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 29% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Chaminade College School · Catholic secondary0.3 km · 66% at standard
Maple Leaf Public School · Public elementary0.6 km · 42% at standard
Brookhaven Public School · Public elementary0.8 km · 31% at standard
St Bernard Catholic School · Catholic elementary1.0 km · 54% at standard
St Fidelis Catholic School · Catholic elementary1.0 km · 66% at standard
George Anderson Public School · Public elementary1.2 km · 88% at standard
Weston Memorial Junior Public School · Public elementary1.4 km · 85% at standard
Highview Public School · Public elementary1.4 km · 51% at standard
Immaculate Conception Catholic School · Catholic elementary1.7 km · 48% at standard
Pierre Laporte Middle School · Public elementary1.7 km · 71% at standard
C R Marchant Middle School · Public elementary1.9 km · 61% at standard
Tumpane Public School · Public elementary2.1 km · 55% at standard

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

Affordability & Mortgage

Affordability
$8,199/mo
$332KIncome needed
5.4×Price ÷ income
$1,892Weekly cost
$64,910Land 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.

94%mortgage
Mortgage $8,199Property tax $552Total carry $8,752

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,958per month

Mortgage amount $1,439,200 · 4.49% over 25 years

$359,800Down payment (20.0%)
$1,439,200Loan before insurance
$0CMHC premium
$8,510Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,958
Property tax
$552
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,510

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

One-time closing costs

Ontario land transfer tax
$32,455
Toronto municipal land transfer tax
$32,455
Estimated closing costs
$64,910

Plus your down payment of $359,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,631/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

$948,075Total interest paid
$2,387,275Total of all payments
Principal $1,439,200 Interest $948,075
YearPrincipalInterestBalance
1$32,117$63,374$1,407,083
2$33,575$61,916$1,373,508
3$35,099$60,392$1,338,409
4$36,693$58,798$1,301,715
5$38,359$57,132$1,263,356
6$40,101$55,390$1,223,256
7$41,922$53,569$1,181,334
8$43,825$51,666$1,137,509
9$45,815$49,676$1,091,694
10$47,895$47,596$1,043,799
11$50,070$45,421$993,730
12$52,343$43,148$941,387
13$54,720$40,771$886,667
14$57,204$38,287$829,463
15$59,801$35,690$769,662
16$62,517$32,974$707,145
17$65,355$30,136$641,790
18$68,322$27,169$573,468
19$71,425$24,066$502,043
20$74,667$20,824$427,376
21$78,058$17,433$349,318
22$81,602$13,889$267,716
23$85,307$10,184$182,409
24$89,180$6,311$93,229
25$93,229$2,262$0

At the end of your 5-year term

Total paid over the term
$477,455
Principal paid down
$175,844
Interest paid
$301,611
Balance remaining
$1,263,356

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
2.0%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.

2.8%
Gross yield
− Property tax $6,628− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,828

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

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