8 Grafton Avenue
Roncesvalles, Toronto
$1,889,000
Bedrooms: 6
Bathrooms: 4
Living Area: 2,500 sqft
Price Per Sqft: $755.60
About this Duplex
in Roncesvalles, Toronto
Welcome to 8 Grafton Ave - a fully renovated, turnkey duplex in the heart of trendy Roncesvalles offering exceptional flexibility for investors, end-users, and multi-generational families alike. Renovated back to the studs in 2018, including interior finishes, mechanical systems, and roof, this stylish income-producing property blends modern functionality with strong long-term value in one of Toronto's most sought-after west-end neighbourhoods. Featuring two self-contained suites, each unit offers separate mechanical systems and front-load laundry, creating efficient day-to-day living and simplified property management. The property offers two spacious 4-bedroom, 2-bathroom suites and generates nearly $100,000 in gross annual rental income, making it an exceptional opportunity for investors or owner-occupiers looking to offset their mortgage. One unit is currently vacant, providing immediate flexibility for buyers looking to move in themselves or secure a new tenant at current market rents. The walk-out basement is already roughed in for a kitchen, making conversion to a triplex a straightforward opportunity for those looking to further maximize income potential. The upper-level suite showcases a bright open-concept layout with wide plank flooring, exposed brick accents, striking architectural beam details, and a beautifully updated kitchen complete with stone countertops, stainless steel appliances, custom cabinetry, and a centre island ideal for entertaining. Spacious bedrooms, updated bathrooms, and a private upper deck create a warm and contemporary living space filled with character. Located just moments from Roncesvalles Village, High Park, transit, cafes, restaurants, boutique shopping, and approximately 15 minutes to Toronto's Financial and Entertainment Districts, this is a rare opportunity to own a fully updated duplex with excellent rental appeal in one of Toronto's most vibrant communities.
Listed by RE/MAX ULTIMATE REALTY INC..
Photo 0
Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
Photo 8
Photo 9
Photo 10
Photo 11
Photo 12
Photo 13
Photo 14
Photo 15
Photo 16
Photo 17
Photo 18
Photo 19
Photo 20
Photo 21
Photo 22
Photo 23
Photo 24
Photo 25
Photo 26
Photo 27
Photo 28
Photo 29
Photo 30
Photo 31
Photo 32
Photo 33
Photo 34
Photo 35
Photo 36
Photo 37
Photo 38
Photo 39
Photo 40
Photo 41
Photo 42
Photo 43
Photo 44
Photo 45
Photo 46
Photo 47
Photo 48
Photo 49
LAND TRANSFER TAX CALCULATOR
| Purchase Price | |
| First-Time Home Buyer |
|
| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
Province of Ontario (effective January 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
City of Toronto (effective March 1, 2017)
For Single Family or Two Family Homes
- Up to and including $55,000.00 -> 0.5%
- $55,000.01 to $250,000.00 -> 1%
- $250,000.01 to $400,000 -> 1.5%
- $400,000.01 & $2,000,000.00 -> 2%
- Over $2,000,000.00 -> 2.5%
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
MORTGAGE CALCULATOR
| Asking Price: | Interest Rate (%): | ||
| Amortization: | |||
| Percent Down: | |||
| Down Payment: | |||
| First Mortgage: | |||
| CMHC Prem.: | |||
| Total Financing: | |||
| Monthly P&I: | |||
| * This material is for informational purposes only. | |||
Request A Showing Or Find Out More
Have a question or interested in this property? Send us a message!
inquire
