816 Grenon Ave, Britannia Heights - Queensway Terrace N and Area
Britannia Heights - Queensway Terrace N and Area, ON · · MLS® X14155196Updated
$1,980,000Est. $9,727/mo mortgage
Bedrooms
10
Bathrooms
6
Living space
5000 +sq ft
Parking spaces
7
Type Multiplex
Basement Separate Entrance
What you should know
816 Grenon Ave is a 10-bedroom, 6-bathroom multiplex in Britannia Heights - Queensway Terrace N and Area, listed for $1,980,000. It has 5000 + sq ft of living space.
1Exceptional six-unit investment opportunity!
2Brand new roof (2026), all windows replaced (2025), plumbing updated (2024), and electrical updated (2026).
3Two furnaces, one approximately four years old and the second 2026.
10 Bed, 6 Bath Multiplex in Britannia Heights - Queensway Terrace N and Area
About 816 Grenon Avenue
Exceptional six-unit investment opportunity! Welcome to 816 Grenon Avenue, a well-maintained, income-generating property offering six residential apartments, strong rental income, and extensive recent capital improvements. An excellent opportunity for investors seeking a turnkey multi-unit property with significant upgrades already completed. Brand new roof (2026), all windows replaced (2025), plumbing updated (2024), and electrical updated (2026). Two furnaces, one approximately four years old and the second 2026. Additional upgrades include all-new aluminum and vinyl siding (2026), a new driveway and parking lot for 7 vehicles (2026), and two new central A/C units (2026). The property is also equipped with a self-monitored CCTV security system with DVR recording and video footage & a storage shed. With extensive improvements to major building components, multiple rental income streams, and excellent long-term investment potential, this property is an outstanding addition to any real estate investment portfolio!
10 bedrooms, 6 bathrooms, about 5,000 sq ft, works out to roughly $396 per square foot. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 816 Grenon Ave
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
7 spaces
Basement
Separate Entrance
Features & systems
Parking & garage
Parking spaces
7
Interior
Basement
Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
816 Grenon Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14155196$1,980,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 816 Grenon Ave Compares to the Britannia Heights - Queensway Terrace N and Area Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,727
/mo
based on the purchase price of $1,980,000
$396,000 cash
$1,584,000 financed
$1,334,144 total interest
Principal54%$1,584,000
Interest46%$1,334,144
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 816 Grenon Ave
Market pulse · Britannia Heights - Queensway Terrace N and Area
Median sold price$650,250Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings32Homes for sale here right now.
Median vs prior 90 days+12.6%Compared with May 10 – Aug 8, 2026: prices up.
Based on 38 sales from Aug 8 – Nov 6, 2026 (31 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 816 Grenon Ave
How much is 816 Grenon Ave listed for?
816 Grenon Ave is listed at $1,980,000 (MLS® X14155196). Summitly updates the price as soon as the MLS® record changes.
Is $1,980,000 a good price for 816 Grenon Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Britannia Heights - Queensway Terrace N and Area. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 816 Grenon Ave changed?
No — 816 Grenon Ave is still listed at its original asking price of $1,980,000.
How many bedrooms and bathrooms does 816 Grenon Ave have?
816 Grenon Ave has 10 bedrooms and 6 bathrooms, with about 5,000 square feet of living space. It is a multiplex in Britannia Heights - Queensway Terrace N and Area.
How much would the monthly mortgage be on 816 Grenon Ave?
About $9,727 a month — principal and interest on $1,980,000 with 20% down ($396,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 816 Grenon Ave compare with other homes in Britannia Heights - Queensway Terrace N and Area?
Its asking price of $1,980,000 is about 204% above the median sold price in Britannia Heights - Queensway Terrace N and Area over the last 90 days, $650,250, across 38 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 816 Grenon Ave been sold before?
Summitly has no earlier MLS® sale or lease of 816 Grenon Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 816 Grenon Ave?
816 Grenon Ave is in Britannia Heights - Queensway Terrace N and Area, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 816 Grenon Ave been on the market?
1 day — 816 Grenon Ave was listed on November 5, 2026.
What is the price per square foot of 816 Grenon Ave?
About $396 per square foot: the asking price of $1,980,000 over the 5,000 sq ft the listing gives.
Does 816 Grenon Ave have parking or a garage?
Yes — the listing gives 7 parking spaces.
Does 816 Grenon Ave have a basement, and is it finished?
The listing describes the basement as: Separate Entrance.