$2,199,000 - 25 Grange Avenue, Downtown Toronto
Multi-Family for Sale in Downtown Toronto
New — Listed 2 days ago- MLS Number
- C13231124
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
An exceptional Victorian semi in the heart of Queen West, steps from the revitalized Grange Park. Extensively renovated top to bottom, this showstopping 3-storey home balances timeless character with thoroughly modern living across approx. 2,500 sq ft above grade plus a fully self-contained lower level - with 6-car laneway parking to boot. Original stained glass vestibule, solid wood staircase with turned spindles, and wide-plank hardwood floors set the tone; a chef's kitchen and rooftop city-view terrace seal the deal.The open-concept main floor was made for entertaining. A sun-drenched living room with gas fireplace and bay window flows effortlessly into a generous dining area and a stunning galley kitchen with quartz counters and gas range. French doors spill out to a rear deck hovering above a private stone-paved courtyard - sheltered by a magnificent mature maple and worlds away from the city buzz just outside your gate.Upstairs, the primary suite delivers. A walk-in closet feeds into a 5-pc ensuite that earns every superlative: floor-to-ceiling dramatic dark marble, soaker tub, glass block shower, double sinks. A second bedroom, 4-pc bath, and sitting room anchored by an exposed brick fireplace round out the 2nd floor. Formerly 4 bedrooms, the 2nd floor was thoughtfully changed to have 2 generous bedrooms along with a walk-in closet and light-filled sitting room complete with fireplace in the bay window. The 3rd floor is in a class of its own - a luminous great room opens through a glass solarium wall to a finished rooftop terrace with sweeping city views. Second full kitchen, skylights, 2-pc bath. Guests, in-laws, or simply the best home office in the neighbourhood. The lower level adds a separate entrance, open living/kitchen, bedroom, 3-pc bath, and laundry. Steps to U of T, St Patrick Station, the AGO, and Kensington Market.
Estimate your monthly payments for this property
Estimated Payment
$9,726.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
25 Grange Avenue, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $880/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.