216 Gracefield Avenue, Toronto, ON

Rustic, Toronto · MLS® W14134246

$1,749,900
For Sale
Just Listed Today
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4+1Bedrooms
4Bathrooms
2Garage · 6 parking
2500-3000Sq ft

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.
Family RoomMain4.81 × 3.88 m

parquet · fireplace · crown moulding

Bedroom 3Second3.44 × 3.35 m

hardwood floor · double closet · large window

BreakfastMain4.81 × 3.88 m

laminate · sliding doors · w/o to balcony

Bedroom 2Second4.33 × 3.33 m

hardwood floor · double closet · large window

Living RoomMain6.68 × 3.89 m

hardwood floor · open concept · crown moulding

KitchenBasement3.88 × 3.65 m

ceramic floor · pantry · wet bar

Bedroom 5
RecreationBasement11.83 × 3.58 m

ceramic floor · fireplace · w/o to patio

Primary BedroomSecond4.33 × 3.33 m

hardwood floor · mirrored closet · 4 pc ensuite

KitchenMain4.81 × 3.88 m

laminate · open concept · backsplash

Dining RoomMain4.21 × 3.45 m

hardwood floor · california shutters · large window

Game RoomBasement2.85 × 2.35 m

ceramic floor · open concept · beamed ceilings

Bedroom 4Second3.71 × 3.27 m

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 · Broker
Likely to sell near ask
$1.73Mlikely sale price

Listed 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.

List price
$1.62MBelow recent closings$1.95MAbove recent closings

Total price vs nearby homes. Likely closing about $1.73M, from 5 recent closings in this pocket.

The market behind the math:

5sold nearby · 90 days
$1.15Mmedian sold price
106%of asking, on average
+5%prices vs a year ago
~16 dayshomes like this take to sell
$5,615/moest. rent · 5 leases
3.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

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.

This home
Below area avgAbove area avg

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.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M742
November 2025$1.21M601
December 2025$1.14M385
January 2026$1.20M287
February 2026$1.21M459
March 2026$1.33M584
April 2026$1.30M784
May 2026$1.30M868
June 2026$1.25M778
July 2026$1.17M687
August 2026$1.19M553
September 2026$1.19M680

Own A Home Nearby?

Discuss your home's value and your selling plans with Team Asgarian. Free, with no obligation to list.

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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 prices
$1.53Mavg asking

Every 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 homes
1.75MThis home1.80M1.70M1.70M1.33M1.11MThis home vs active comparables

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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & Catchment

Assigned 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 · 0.3 km awayBelow the GTA average · 29% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Chaminade College School · Catholic secondary0.1 km · 66% at standard
Maple Leaf Public School · Public elementary0.7 km · 42% at standard
Brookhaven Public School · Public elementary0.8 km · 31% at standard
St Bernard Catholic School · Catholic elementary0.8 km · 54% at standard
St Fidelis Catholic School · Catholic elementary1.2 km · 66% at standard
Weston Memorial Junior Public School · Public elementary1.2 km · 85% at standard
George Anderson Public School · Public elementary1.3 km · 88% at standard
Highview Public School · Public elementary1.4 km · 51% at standard
C R Marchant Middle School · Public elementary1.7 km · 61% at standard
Pierre Laporte Middle School · Public elementary1.8 km · 71% at standard
Immaculate Conception Catholic School · Catholic elementary1.8 km · 48% at standard
Pelmo Park Public School · Public elementary1.9 km · 43% at standard

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

Affordability
$7,975/mo
$323KIncome needed
5.4×Price ÷ income
$1,840Weekly cost
$62,946Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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 is 94% of the monthly costMortgage $7,975Property tax $549Total carry $8,525
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

$
20.0%
$
%

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

4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,818per month

Mortgage amount $1,399,920 · 4.59% over 25 years

$349,980Down payment (20.0%)
$1,399,920Loan before insurance
$0CMHC premium
$8,368Total monthly cost

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

6.59%Qualifying rate
$9,454/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

$945,593Total interest paid
$2,345,513Total of all payments
Principal $1,399,920 Interest $945,593
YearPrincipalInterestBalance
1$30,807$63,014$1,369,113
2$32,237$61,583$1,336,876
3$33,734$60,087$1,303,142
4$35,300$58,521$1,267,842
5$36,939$56,882$1,230,903
6$38,654$55,167$1,192,250
7$40,448$53,372$1,151,801
8$42,326$51,494$1,109,475
9$44,291$49,529$1,065,184
10$46,348$47,473$1,018,836
11$48,499$45,321$970,337
12$50,751$43,070$919,586
13$53,107$40,713$866,479
14$55,573$38,248$810,906
15$58,153$35,668$752,753
16$60,853$32,968$691,900
17$63,678$30,143$628,223
18$66,634$27,186$561,588
19$69,728$24,093$491,860
20$72,965$20,855$418,895
21$76,353$17,468$342,543
22$79,897$13,923$262,645
23$83,607$10,214$179,039
24$87,488$6,332$91,550
25$91,550$2,270$0

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.

Book a Consultation

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.

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Request A Showing

216 GRACEFIELD AVENUE, TORONTO, ON · Listed By RE/MAX Hallmark Realty Ltd.

Your request goes to Team Asgarian, RE/MAX Hallmark Realty Ltd. We'll call to discuss your request and confirm a time.

Top 1% of agents in Canada · 5.0 / 300+ reviews across the web

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Discuss Your Home's Value

With Team Asgarian, RE/MAX Hallmark Realty Ltd

Tell us where your home is. We'll call to talk through its value and your selling plans, free and with no obligation to list.

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