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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Woburn. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $530,000 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.
Experience modern urban living in this stunning 2-bedroom, 2-bathroom condo boasting over 800 sq. ft. of bright, open-concept space.The unit features an expansive eat-in kitchen complete with sleek quartz countertops, brand-new stainless steel appliances, and ample cabinetry. Floor-to-ceiling windows flood the home with natural light and offer breathtaking east-facing unobstructed views. In terms of the the Building & Lifestyle Amenities, enjoy access to the large Indoor Swimming Pool, Gym, Private Theatre, Billiard Room, Library and an Elegant Party Room for entertaining. The location here is unbeatable - Perfectly situated at McCowan and Ellesmere, you are steps away from the upcoming TTC's Scarborough Subway Station, Scarborough Town Centre, Bus Stops, diverse dining and entertainment, and essential services. With major employers, schools, and the Civic Centre nearby, everything you need is right at your doorstep. Furthermore, major new developments and investments are planned for the surrounding area, making this condo an ideal investment.
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Data-driven valuation for 88 Grangeway Avenue 2007, Toronto E09, ON M1H 0A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $530,000 in Toronto, the legal minimum down payment is $28,000 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 $7,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,075 also applies, bringing the total estimated land transfer taxes to $14,150.
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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.