68 Grangeway Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woburn. Expertly crafted featuring premium stone and metal/steel siding construction, this residence presents an exceptional opportunity offered at $495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
This spacious west facing condo features floor to ceiling windows, pool, sauna, and balcony overlooking a small urban forest with hiking trails. Enter into an open fully-equipped Kitchen, with island into Living and Dining room space, one full bedroom with walk-in closet, and large den/office with sliding French Door, 2 bathrooms, and ensuite laundry. Several recent updates and new hardware/fixtures throughout unit. The common hallways and several elements are anticipated to be completely remodelled in 2026. The building is located on the same block as Shoppers, Freshco, and the new "Scarborough Centre" Bloor subway station, which will replace the former RT station, and offer great commuting options. Other amenities include exercise and weight room, movie theatre, billiard and party room, exterior putting green, outdoor barbeque, and expansive private gated green space surrounding the building and its neighbour building. Unit includes one parking spot aand one storage locker. This area of Scarborough will be experiencing the largest residential building improvement and intensification in Toronto East, with numerous towers being constructed around the STC, adding 15,000 units to the area and a large influx of business, amenities and municipal community improvements to meet young professional and family needs. This Suite will be a great investment, with sunny days and a lovely view.
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Pricing & Value Insights
Data-driven valuation for 68 Grangeway Avenue 1102, Toronto E09, ON M1H 0A1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $495,000 in Toronto, the legal minimum down payment is $24,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,375 also applies, bringing the total estimated land transfer taxes to $12,750.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
