$1,469,000
8.86 BTC
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141 Gracefield Avenue, Toronto
$1,469,000
PRICE
4 + 3
BEDROOMS
7
BATHROOMS
W11966943
MLSID

141 Gracefield Avenue, Toronto

Must see, custom renovated income producing property! 4 completely independent apartments (three 2 bed, 2 bath apartments + one 1 bed, 1 bath apartment), all with separate entrances, en-suite laundry, full kitchen, and luxurious finishes. Quartz countertops in all kitchens. 51 x 129 ft lot in the sought after Maple Leaf neighbourhood! Premium porcelain tiles & engineered hardwood flooring through the main apartments. Porcelain tile & luxury vinyl flooring in basement apartments. Front main level apartment (2 bed, 2 bath). Rear basement apartment (1 bed, 1 bath). 9 foot ceilings on main level, 8 ft ceilings in basement. Fully renovated in 2019. Single attached garage. Two furnaces, 2 A/C units. **REAR MAIN LEVEL APARTMENT IS NOW VACANT!*** ***MAIN FRONT APARTMENT WILL BE VACANT AS OF APRIL 1** CAN BE PURCHASED AS AN OWNER OCCUPIED INVESTMENT PROPERTY! MAIN FRONT 2 br, 2 bath: $2300 month to month (tenant leaving and will be vacant for April 1st). MAIN REAR 2 bed, 2 bath: VACANT (previously $2400/month). LOWER FRONT 2 bed, 2 bath: $2000 month to month. LOWER REAR 1 bed, 1 bath: $1500 month to month. 98,400 gross annual rental income when fully occupied! All Inclusive rents. BOTH MAIN LEVELS WILL BE VACANT, leaving opportunity to convert back to single family main level, keeping two basement apartments for additional income!
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Summary

Address
141 Gracefield Avenue
Community
MLSID
W11966943
Property Type
Detached
Property Category
Bedrooms
4 + 3
Bathrooms
7
Kitchens
4
Taxes (Annual)
$5,586.00
Tax Year
2024
Published
February 11, 2025
Days on Market
153 Days
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Inclusions

4 fridges, 4 stoves, 4 washers, 4 dryers, All ELF's all window coverings

Exclusions

Tenant belongings

Details

Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Basement Level
Parking Spaces
6
Parking Total
7
Parking Features
Private
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Stucco (Plaster)
Lot Width
51 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with KELLER WILLIAMS REFERRED URBAN REALTY
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Date
Time
Wed, Jul 16
9:00 AM
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