
216 Gracefield Avenue, Toronto, ON
Rustic, Toronto · MLS® W14134246
Listed By RE/MAX Hallmark Realty Ltd.
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Key Facts
- Property type
- Detached, 2-Storey
- Lot
- 60.33 × 104.9 ft
- Basement
- Finished with Walk-Out, Separate Entrance
- Parking
- 2 garage · 6 parking (attached)
- Property tax
- $6,591 / 2025
- Offer date
- None stated
- Cross streets
- Maple Leaf Dr/Culford Rd
All Facts And 13 Rooms, Floor By Floor
- Property type
- Detached, 2-Storey
- MLS®
- W14134246
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 60.33 × 104.9 ft
- Cross streets
- Maple Leaf Dr/Culford Rd
- Parking
- 2 garage · 6 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,591 / 2025
- Offer date
- None stated
- Listing brokerage
- RE/MAX Hallmark Realty Ltd.
parquet · fireplace · crown moulding
hardwood floor · double closet · large window
laminate · sliding doors · w/o to balcony
hardwood floor · double closet · large window
hardwood floor · open concept · crown moulding
ceramic floor · pantry · wet bar
ceramic floor · fireplace · w/o to patio
hardwood floor · mirrored closet · 4 pc ensuite
laminate · open concept · backsplash
hardwood floor · california shutters · large window
ceramic floor · open concept · beamed ceilings
hardwood floor · double closet · large window
About This Home
From The Listing Description By RE/MAX Hallmark Realty Ltd.
*Wow*Beautiful & Spacious 2-Family Home In The Heart Of Toronto's Rustic Neighbourhood!*An Exceptional Opportunity To Own A Wonderful Family Home In A Prime Location Close To Top-Rated Schools, Parks, Recreation Centre, Hwy 400 & All Amenities!*Welcoming Curb Appeal Featuring A Double Garage, Long Interlocked Driveway, Covered Front Loggia With Charming Arched Entryway & Double Door Entry Leading Into An Impressive Grand Foyer!*Fantastic Open-Concept Design Offering Generous Principal Rooms & An Ideal Layout For Everyday Family Living & Effortless Entertaining!*Spacious Living & Dining Rooms Featuring Beautiful Hardwood Floors, Elegant Crown Mouldings & California Shutters*Family-Sized Kitchen With Upgraded Laminate Flooring & Walkout To A Private Balcony Overlooking The Backyard*Inviting Family Room Complete With A Cozy Fireplace & French Doors*Convenient Main Floor Laundry Room With Shower, Perfect For A Wash-Down Station, Plus A Separate Side Entrance!*Upstairs Features 4 Generously Sized Bedrooms All With Large Closets & Oversized Windows Including A Spacious Primary Bedroom With 4-Piece Ensuite & A 5-Piece Main Bathroom*The Fully Finished Walk-Out Basement Apartment Offers Incredible Versatility & Additional Living Space Featuring An Eat-In Kitchen, Walk-In Pantry, Wet Bar, Spacious Recreation Room With Fireplace & Decorative Wainscoting, Bathroom & Direct Walkout To A Private Fenced Backyard!*A Wonderful Outdoor Space For Summer BBQs, Family Gatherings & Plenty Of Room For Children & Pets To Play!*An Ideal Opportunity For Growing Families, Multi-Generational Living Or Those Seeking Additional Income Potential!*A Fantastic Home Offering Space, Comfort & Endless Possibilities In A Convenient Toronto Location!*Put This Beauty On Your Must-See List Today!*
Our Take
Team Asgarian · BrokerListed at $1,749,900. 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 $1.73M, if it sells. A realistic range is $1.62M to $1.95M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Total price vs nearby homes. Likely closing about $1.73M, from 5 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 5 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 $636/sqft against an area asking average of $770/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out 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 $1.03M. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 ($636/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Rustic, so I widened the search to the surrounding area.
Based on 5 comparable homes that sold in Rustic over the past two years, from 41 closings there.
Sold Price Trend
Median sold price for detached homes in Toronto: $1.19M in September 2026, down 1% from a year ago, on 7,408 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 | $1.19M | 680 |
Own A Home Nearby?
Discuss your home's value and your selling plans with Team Asgarian. Free, with no obligation to list.
Our Transactions Near This Listing
Homes Team Asgarian has handled within 5 km of Gracefield Avenue. Signed-in members see each price, verified against board records.






Other Homes For Sale In Rustic
For sale in Rustic now · asking pricesEvery home like this one for sale in Rustic right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $712/sqft; this home lists at $636/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 9 for sale in Rustic.
See all comparable homesNeighbourhood & Location
Rustic, Toronto, ON
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 & 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 216 Gracefield Avenue
What is the asking price for 216 Gracefield Avenue?
It is listed at $1,749,900.
How many bedrooms and bathrooms does 216 Gracefield Avenue have?
4+1 bedrooms, and 4 bathrooms (1 of them half baths).
How big is 216 Gracefield Avenue?
The listing gives 2500-3000 sq ft of living space, on a 60.33 × 104.9 ft lot.
Does 216 Gracefield Avenue have parking?
2 garage spaces, 6 parking spaces in all.
What are the property taxes on 216 Gracefield Avenue?
$6,591 a year, for 2025.
Is there an offer date for 216 Gracefield Avenue?
The listing does not state an offer date.
Which schools is 216 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 216 Gracefield Avenue listed?
It came on the market on October 30, 2026.
Who is the listing brokerage for 216 Gracefield Avenue?
RE/MAX Hallmark Realty Ltd. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 216 Gracefield Avenue?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,399,920 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,818
- Property tax
- $549
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,368
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $31,473
- Toronto municipal land transfer tax
- $31,473
- Estimated closing costs
- $62,946
Plus your down payment of $349,980. 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
- $469,103
- Principal paid down
- $169,017
- Interest paid
- $300,086
- Balance remaining
- $1,230,903
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.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX Hallmark Realty Ltd. MLS®/PropTx.








