$579,000

For sale

#308 88 Grangeway Avenue, Toronto (Woburn) - Single Family for Sale

#308 88 Grangeway Avenue, Toronto (Woburn), Ontario, M1H0A2

3 beds2 baths1 parking1,100 ft²$913/mo condo feeListed 49 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 62 days.

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Description

Rare 3-Balcony Gem in Prime Scarborough Location! Discover the perfect blend of space and luxury in this massive 2-Bedroom + Den corner suite with lots of south/east light at the prestigious Altitude Condos. Boasting a functional, sun-drenched layout, this unit features three private balconies, a rare find that offers multiple outdoor retreats. The versatile separate den is perfect for a home office. Enjoy a modern kitchen with granite countertop, ample storage and two full 4-piece bathrooms, New Laminate flooring in living & primary bedroom. Premium convenience includes a parking spot located just steps from the elevator, Large L-shape balcony . Resort-style amenities: 24-hr concierge, indoor pool, sauna, gym, outdoor putting green, and theatre. Unbeatable location, steps from Scarborough Town Centre, FreshCo, and the future Subway Extension. A turn-key gem offering "house-sized" living in the heart of the city! (id:66096)

Property Details

MLS®: E13790602
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $913/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,099.29/yr
Listed: 49 days ago

Rooms

Flat

Living room: 5.82 x 4.78 meters
Dining room: 2.46 x 2.77 meters
Kitchen: 3.15 x 2.49 meters
Primary Bedroom: 3.18 x 3.91 meters
Bedroom 2: 2.77 x 3.51 meters
Den: 1.96 x 2.13 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer
Flooring: Tile, Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Toronto (Woburn) listings, avg age

62d

Price / ft²

$527

List price

$579K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Woburn) has been listed for 49 days, which is 13 days fresher than the city average of 62. Act while there is still low competition.

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Listed by GATE REAL ESTATE INC. · KRISH RAMLAKHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $579,000, about 7.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $113,099 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.

Median household income: $80,000
Population: 23,964
Median age: 38.4
Owner / renter: 62% / 38%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1H)

$579,000· $527/ft²

For sale

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Full Cost Breakdown

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Down Payment5.68% · $32,900

Min 5.68%50%

Mortgage payment$3,028/mo

↳ CMHC premium ($21,844 capitalized)

Property tax (est.)$258/mo

Condo fee$913/mo

Total monthly$4,199

Cash Needed to Close

Down payment (5.68%)$32,900

Land transfer tax$16,110

Est. closing costs$4,237

Total cash needed$53,247

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