2 Months Ago

$1,399,000Asking Price

141 Gracefield Avenue, Toronto, ON M6L 1L4

Maple Leaf, Toronto

Detached
4 + 3
Bedrooms
7
Baths
7
Parking
Days on Market

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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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).

Key Info

  • Bungalow Detached
  • 6-Car Driveway
  • 1-Car Attached Garage
  • Keele St/Lawrence Ave W
  • 1100-1500 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • Basement Apartment
  • 4 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 51 x 120 Feet
  • Taxes were $5,586 in 2024
  • Possession: Flexible/TBD

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W12085859
  • KELLER WILLIAMS REFERRED URBAN REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 18.47' x 9.84' Porcelain Floor, Large Window, Eat-in Kitchen
2 Kitchen Main 11.94' x 11.48' Porcelain Floor, Large Window, Combined with Living
3 Kitchen Lower 9.84' x 9.84' Porcelain Floor, Combined with Living, Above Grade Window
4 Kitchen Lower 9.19' x 9.19' Porcelain Floor, Combined with Living, Above Grade Window
Washroom4 3-Piece Bathrooms on Main Floor
Washroom3 3-Piece Bathrooms

Who lives here?

Maple Leaf, Toronto is a north Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Italy, the Philippines and India, and Italian, Spanish, Tagalog and Portuguese speakers. Residents tend to be older with a significant number of youth aged 15 to 24 and adults aged 45 to 59.

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BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.3

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

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48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta (45%)

Renters

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43% of residents
are renters.

43% renters

Toronto (47%)
Gta (33%)

Education

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30% of residents are
university grads.

30% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$106K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 18%
Trades 9%
Business 9%
Government 6%
Manufacturing 5%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

54% of residents were
born outside of Canada.

54% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

Italy was once home to 12.2% of immigrants.
Philippines 11.2%
India 6.8%
Caribbean 4.5%
Portugal 3.9%

12.2% from Italy
All-time

Birthplace - Recent

Philippines was once home to 4.2% of immigrants.
India 0.4%
Brazil 0.3%
Other South America 0.3%
Columbia 0.3%

4.2% from Philippines
Recent

Foreign Languages

Foreign Languages

Italian 17%
Tagalog 8%
Spanish 7%
Portuguese 6%
Gujarati 4%

Religions

Religions

Christian 79%
Hindu 8%
Muslim 4%
Buddhist 2%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)