88 Grangeway Avenue, Toronto, ON

$499,500
MLS#:E13090338
2 beds
2 baths
800-899 sqft
2.0 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This listing is no longer active (Sold)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 Apartment condo apartment located in the coveted neighborhood of Woburn. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $499,500 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 800-899 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

In the heart of Woburn, where a Walk Score of 92 & Transit Score of 90 put everything within easy reach, this highly sought after split-bedroom layout with 2 large bedrooms, 2 full bathrooms, large balcony, 825 sq.ft. of bright, open-concept living that's been meticulously maintained. Complete with rare tandem parking for 2 vehicles, freshly painted, and truly move-in ready. East facing with floor-to-ceiling windows that flood the space with natural light while showcasing breathtaking, unobstructed views and beautiful sunsets. The expansive eat-in kitchen features sleek quartz countertops, stainless steel appliances, ample cabinetry breakfast nook, peninsula island, along with room for a dining table & chairs, ideal for larger gatherings & hosting. The spacious primary bedroom easily accommodates a king-size bed and boasts a walk-in closet & 4-piece ensuite bathroom, while the generously sized second bedroom offers flexibility for guests or a home office, with both providing direct access to the balcony. The second 4-piece bathroom offers everyday convenience for guests, while a stackable washer & dryer & dedicated storage locker add to the suite's functionality. Enjoy access to an impressive collection of amenities designed to elevate daily life, including a large indoor pool, sauna, fully equipped exercise room, private movie theatre, billiards room, library, elegant party room, visitor parking, guest suites & a 24-hour concierge providing comfort, convenience & security. Surrounded by everyday essentials, steps to groceries, parks, schools, dining, and just steps to Scarborough Town Centre. With direct access to TTC, GO Bus Terminal, the highly anticipated Subway Extension, and close to Highway 401, this is a location where convenience is high & car ownership becomes entirely optional. A lifestyle defined by connection, convenience & effortless everyday living.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 22, 2026
Sold price information is available to members only
Listed Date5/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,488.48

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Hospital, Library, Park, Public Transit, Rec./Commun.Centre

Interior Features

Storage

Security Features

Concierge/Security, Carbon Monoxide Detectors, Alarm System

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 2207, 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.

Market Trend
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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$24,975 (5.0%)
* Minimum Canadian down payment required for this price is $24,975.
Amortization Period25 Years
Estimated Monthly Payment$2,828Based on a loan of $474,525 over 25 years.
Purchase Price$499,500
Loan Amount$474,525
Provincial Land Transfer Tax:$6,465
Toronto Municipal Land Transfer Tax:$6,465
Total Estimated Closing Taxes:$12,930

About Purchasing a Home in Toronto, ON

For a property listed at $499,500 in Toronto, the legal minimum down payment is $24,975 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 $6,465 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,465 also applies, bringing the total estimated land transfer taxes to $12,930.

Nearby Listings

Distance:

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$786,177

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.