$1,399,000
10.24 BTC
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141 Gracefield Avenue, Toronto
$1,399,000
PRICE
4 + 3
BEDROOMS
7
BATHROOMS
W12085859
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. 9 foot ceilings on main level, 8 ft ceilings in basement. Fully renovated in 2019. Single attached garage with enclosed access to backyard. Two furnaces, 2 A/C units. ** CAN BE PURCHASED AS AN OWNER OCCUPIED INVESTMENT PROPERTY! ** MAIN FRONT 2 br, 2 bath: $2600/month. MAIN REAR 2 bed, 2 bath: $2400/month. LOWER FRONT 2 bed, 2 bath: $2000/month. LOWER REAR 1 bed, 1 bath: $1500/month. $102,000 gross annual rental income! All Inclusive rents, all tenants on month to month. Annual expenses approx $16,500. Vacant possession of one or more units is an option if owner occupancy is needed (all tenants on month to month leases).
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Summary

Address
141 Gracefield Avenue
Community
MLSID
W12085859
Property Type
Detached
Property Category
Bedrooms
4 + 3
Bathrooms
7
Kitchens
4
Taxes (Annual)
$5,586.00
Tax Year
2024
Published
April 16, 2025
Days on Market
67 Days
Possession Type
Flexible
Possession Details
Flexible/Tbd
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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
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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