AS OF Jun 4, 2025

$1,299,990Asking Price

24 Gracemount Crescent, Toronto, ON M1G 1K3

Woburn, Toronto

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

**LEGAL BASEMENT** Welcome to this beautifully maintained detached bungalow in the highly desirable Woburn community with an INCOME PRODUCING BASEMENT perfectly situated on a large lot surrounded by mature trees and natural light. This home features an open-concept main floor with hardwood flooring throughout, a spacious living and dining area, a modern kitchen with granite countertops and a centre island, three well-sized bedrooms, and a full bathroom with main-floor laundry. The fully finished INCOME GENERATING basement with a separate side entrance offers excellent income potential or space for extended family, complete with a second kitchen, three additional bedrooms, two bathrooms, and a generous family/rec room. Additional highlights include an insulated two-car garage, interlocking walkway, fenced yard, and updated systems in full compliance with city building codes. Roof and windows updated approx 10 years ago. Basement currenltly tenanted for approx $2400/month - can stay or leave with 2 months notice. Ideally located close to public transit, schools, UofT Scarborough, Centennial College, parks, shopping, and more. This is a fantastic opportunity for families or investors alike.

**LEGAL BASEMENT** Welcome to this beautifully maintained detached bungalow in the highly desirable Woburn community with an INCOME PRODUCING BASEMENT perfectly situated on a large lot surrounded by mature trees and natural light. This home features an open-concept main floor with hardwood flooring throughout, a spacious living and dining area, a modern kitchen with granite countertops and a centre island, three well-sized bedrooms, and a full bathroom with main-floor laundry. The fully finished INCOME GENERATING basement with a separate side entrance offers excellent income potential or space for extended family, complete with a second kitchen, three additional bedrooms, two bathrooms, and a generous family/rec room. Additional highlights include an insulated two-car garage, interlocking walkway, fenced yard, and updated systems in full compliance with city building codes. Roof and windows updated approx 10 years ago. Basement currenltly tenanted for approx $2400/month - can stay or leave with 2 months notice. Ideally located close to public transit, schools, UofT Scarborough, Centennial College, parks, shopping, and more. This is a fantastic opportunity for families or investors alike.

Key Info

  • Bungalow Detached
  • 2-Car Driveway
  • 2-Car Attached Garage
  • Lawrence Ave E/Markham Rd
  • 1100-1500 Approximate Sq Feet
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 50 x 120 Feet
  • Brick Exterior
  • Taxes were $4,957 in 2024
  • Possession: 30-60 Days/TBA

Details

  • Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #E12152678
  • IPRO REALTY LTD.

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

Woburn, Toronto is an east Toronto neighbourhood notable for its renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from the Philippines, India and Sri Lanka, and Tamil and Gujarati speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 55 to 59.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

1.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

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49% of residents are
single and loving it.

49% singles

Toronto (50%)
Gta (45%)

Renters

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55% of residents
are renters.

55% renters

Toronto (47%)
Gta (33%)

Education

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36% of residents are
university grads.

36% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$86K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

Sales 17%
Business 9%
Trades 7%
Manufacturing 5%
Government 5%

Immigrants

Created with Highcharts 7.1.2Highcharts.com

58% of residents were
born outside of Canada.

58% immigrants

Toronto (48%)
Gta (45%)

Birthplace - All

India was once home to 18.8% of immigrants.
Sri Lanka 8.1%
Philippines 5.3%
Caribbean 4.3%
Pakistan 3.0%

18.8% from India
All-time

Birthplace - Recent

India was once home to 4.9% of immigrants.
Philippines 1.0%
Sri Lanka 0.8%
Pakistan 0.4%
Bangladesh 0.3%

4.9% from India
Recent

Foreign Languages

Foreign Languages

Gujarati 13%
Tamil 9%
Tagalog 4%
Urdu 4%
Bengali 2%

Religions

Religions

Christian 45%
Hindu 25%
Muslim 18%
Sikh 2%
Buddhist 1%

Social Housing

Social Housing Buildings

16

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)