$384,999

For sale

#703 80 Grandravine Drive, Toronto (York University Heights) - Single Family for Sale

#703 80 Grandravine Drive, Toronto (York University Heights), Ontario, M3J1B2

2 beds1 bath1 parking950 ft²$740/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $384,999, it is attractively priced about 23% below the $499,999 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 66 days.

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Description

Ideal for First-Time Buyers or Investors! Welcome to this beautifully renovated 2-bedroom condo featuring a bright and spacious open- concept layout, large windows, and convenient in-suite laundry. Enjoy impressive clear views from the 7th-floor private balcony, offering an abundance of natural light and an inviting living space. The unit is currently tenanted and situated in a well-maintained building within a vibrant and highly accessible community, making it an excellent opportunity for both homeowners and investors. Prime Location: Just steps to TTC bus stops and minutes from Finch West Subway Station, York University, Grandravine Community Recreation Centre, and Downsview Park. Conveniently close to Humber River Hospital, Highway 401, Highway 400, Allen Road, schools, shopping, restaurants, and everyday amenities. An excellent opportunity to own a renovated condo in a well-connected neighbourhood with convenient access to transit, major destinations, and a wide range of amenities. (id:66096)

Property Details

MLS®: W13847870
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Window air conditioner
Garage: Garage, Underground
Condo Fee: $740/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,200/yr
Listed: 35 days ago

Rooms

Flat

Living room: 6.73 x 5.3 meters
Dining room: 3.14 x 2.45 meters
Primary Bedroom: 4.98 x 3.3 meters
Bedroom 2: 3.99 x 3.73 meters
Bathroom: 1.85 x 0.89 meters
Laundry room

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Dryer
Flooring: Laminate, Ceramic
Foundation: Unknown
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (York University Heights) listings, avg age

66d

Price / ft²

$405

List price

$385K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (York University Heights) has been listed for 35 days, which is 31 days fresher than the city average of 66. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · HAMID BARZEGAR KHASELOUIE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $384,999, about 5.1× the local median household income of $75,500.

Carrying it typically needs a household income of about $75,204 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$384,999· $405/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,249.95

Min 5%50%

Mortgage payment$2,028/mo

↳ CMHC premium ($14,630 capitalized)

Property tax (est.)$100/mo

Condo fee$740/mo

Total monthly$2,868

Cash Needed to Close

Down payment (5%)$19,250

Land transfer tax$8,500

Est. closing costs$3,655

Total cash needed$31,405

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