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    7 - 40 Grandravine Dr

    For SaleKeele Ravine Condominiums
    $830,000
    3 Beds + 1
    3 Bath
    4 Parking
    1,566 SQFT
    95 Days on Strata
    Est Sell Timeframe
    19 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,186/mth
    Taxes:
    $1,624 (2024)
    Cost Per Sqft:
    $530/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    South West
    Possession Date:
    90 days
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Backsplash, Window
    13.78 x 10.99ft
    Dining
    Hardwood Floor, Window, Combined with Living
    12.17 x 8.27ft
    Living
    Hardwood Floor, Walkout To Patio, Combined with Dining
    18.5 x 15.95ft

    About this Listing

    Welcome to this beautifully maintained 3-bedroom, 2-storey townhome nestled in the tranquil Downsview neighbourhood of Toronto. Surrounded by lush greenery and a park-like setting, this home offers a peaceful retreat while remaining conveniently close to shopping, transit, and the Grandravine Community Centre.Step inside to find a spacious and inviting interior, featuring a large eat-in kitchen that is perfect for family gatherings. The open concept living and dining room flows seamlessly, leading out to a fully fenced backyard a perfect space for outdoor entertaining and relaxation. Underneath the broadloom on the main floor, discover classic stripped hardwood that adds a touch of elegance.The second floor hosts three generously sized bedrooms and a well-appointed 4-piece bathroom, ensuring ample space for the entire family. The finished basement extends the living area with a cozy recreation room, an additional bedroom, and a convenient laundry/utility room.One of the standout features of this property is the built-in garage with a private driveway accommodating up to 3 additional cars an invaluable asset in urban living.Maintenance fees cover snow removal, lawn maintenance, internet, cable, water, and gas, making for a hassle-free lifestyle.Don't miss your chance to own this exceptional home in a sought-after neighbourhood. Schedule a viewing today and experience for yourself why this property is truly one of a kind.

    ExtrasHydro is extra/ Maintenance includes Water, Gas, Lawn Maintenance, garbage removal, Basic Cable + Internet, Snow removal.

    homelife/romano realty ltd.MLS® #W9237224


    Amenities

    Outdoor Pool
    BBQs Allowed
    Security System
    Visitor Parking
    Indoor Parking
    Tennis Court

    Explore Neighbourhood

    6/10
    Walkability
    Your legs are getting a workout, and so is your patience. But look, a wild post office appears!
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    19,424
    Average Individual Income
    $62,679
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $112,078
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    2%
    20 - 34
    20%
    35 - 49
    17%
    50 - 64
    23%
    65+
    22%
    Household Income
    $0 - $30,000
    52%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    6%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    58%
    Semi Detached
    20%
    High Rise Apartment
    9%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Cantonese
    15%
    Mandarin
    13%
    Other
    9%
    Tagalog
    2%
    Tamil
    2%
    Education
    University and Above
    29%
    High School
    28%
    None
    18%
    College
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    12%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Keele Ravine Condominiums vs The York University Heights Area

    Days on Strata

    Units at Keele Ravine Condominiums spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in York University Heights

    Turnover of Units

    On average, each unit is owned for
    12.2
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 13 condos in the York University Heights area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Keele Ravine Condominiums offers the
    ?
    best value out of 13 condos in the York University Heights neighbourhood

    Appreciation Rank

    Keele Ravine Condominiums has the
    ?
    highest ROI out of 13 condos in the York University Heights neighbourhood

    Rental Yield

    Keele Ravine Condominiums yields the
    ?
    highest rent prices out of 13 condos in the York University Heights neighbourhood

    High Demand

    Keele Ravine Condominiums is the
    ?
    most popular building out of 13 condos in the York University Heights neighbourhood

    Transaction Insights at 10-80 Grandravine Drive

    1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$345,000 - $360,000$355,000$640,000$555,000$780,000
    Avg. Cost Per Sqft$539$423$477$514$587
    Avg. Wait for Unit Availability227 Days76 Days189 Days85 Days100 Days
    Ratio of Units in Building10%28%10%30%24%

    Transactions vs Inventory

    Total number of units listed and sold in York University Heights