88 Grangeway Avenue, Toronto, ON

$574,900
MLS#:E12442395
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Woburn. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $574,900 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 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Intercom, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient fan coil heating via electric

Description

Presenting unbeatable value at the remarkable Altitude building at McCowan & Ellesmere. The Spire 3 model. One of the largest Spire models in the building selling at a VERY COMPETITIVE $600/sqft. Offered for sale is a spectacular 2 bedroom, 2 full bathroom corner-unit with panoramic North/East views. Very well kept, turnkey unit with a practical floor plan, consisting of a spacious front foyer, large open concept living area, eat-in kitchen with Ceasarstone quartz countertops & stainless steel appliances, and two large bedrooms including one of the largest primary suites in the building with a walk-in closet and 4-piece ensuite bathroom. This unit comes equipped with ensuite laundry, one locker and one underground parking space. Freshly painted for its new owner! Phenomenally well maintained building & amenities including 24 hour concierge, pool, sauna, exercise room, billiards room, party room, visitor parking, and fully furnished guest suite. Unbeatable location just steps from the beloved Scarborough Town Centre & the future Subway Extension station, steps from McCowan square shopping centre (FreshCo, Shoppers Drug Mart), TTC, and so much more. Dont miss out on this incredible offering!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 17, 2025
Sold price information is available to members only
Listed Date10/3/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,888.15

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeFan Coil
CoolingCentral Air

Features

Property Features

Interior Features

Intercom, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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88 Grangeway Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 88 Grangeway Avenue 305, Toronto E09, ON M1H 0A2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$32,490 (5.7%)
* Minimum Canadian down payment required for this price is $32,490.
Amortization Period25 Years
Estimated Monthly Payment$3,232Based on a loan of $542,410 over 25 years.
Purchase Price$574,900
Loan Amount$542,410
Provincial Land Transfer Tax:$7,973
Toronto Municipal Land Transfer Tax:$7,973
Total Estimated Closing Taxes:$15,946

About Purchasing a Home in Toronto, ON

For a property listed at $574,900 in Toronto, the legal minimum down payment is $32,490 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 $7,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,973 also applies, bringing the total estimated land transfer taxes to $15,946.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woburn, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$786,615

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Richard
Public960 Bellamy Road North, Scarborough, Toronto, Ontario, M1H 1H1
5.6
St Thomas More
Public2300 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M7
7.5
St Rose of Lima
Public3220 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1H 1A4
6.0
St Barbara
Public25 Janray Drive, Scarborough, Toronto, Ontario, M1G 1Y2
2.9
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2

Secondary Schools

Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6
Cedarbrae
Public550 Markham Road, Scarborough, Toronto, Ontario, M1H 2A2
4.9
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Philippe-Lamarche
Public2850 Eglinton Avenue East, Scarborough, Toronto, Ontario, M1J 2C8
6.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.