








































216 Gracefield Avenue
Rustic, Toronto
$1,749,900
*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!*
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Listing History
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,957
- Property tax
- $549
- Heat allowance
- $150
- Housing costs
- $9,656 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$297,000
gross annual household income
- Payment at 4%
- $7,364 / mo
- Cash down
- $349,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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