1102-68 Grangeway Avenue, Toronto, ON

Woburn, Toronto · MLS® E12988962

$475,000
For Sale
Listed 96 days ago
2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

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.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E12988962
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
700-799
Cross streets
McCowan and Ellesmere
Parking
1 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Metal/Steel Siding
Maintenance
$796/mo
Exposure
West
Property tax
$2,081 / 2025
Days on market
96
Listing brokerage
FR CAPITAL REALTY ADVISORY SERVICES INC.

Rooms

Bedroom5.99 × 3.66 m

walk-in closet(s) · 3 pc ensuite · irregular room

Living Room5.79 × 3.66 m

window floor to ceiling · w/o to balcony

Laundry1.17 × 0.81 m
Kitchen2.49 × 2.44 m

combined w/living · granite counters · stainless steel appl

Office2.44 × 2.44 m

french doors · sliding doors

Foyer2.61 × 1.76 m

Mirrored Closet

Moe’s TakeTeam Asgarian · Broker
In line
$464Kest. value

Listed at $475,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $479K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $495K
  • Bathrooms +$15K
  • Adjusts to $510K

That comparable adjusts to $510K; the $464K estimate above is the median of all 23 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is North Bendale Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. 1255 McCowan Rd - Freshco is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$429KGreat deal$506KOverpriced

Total price vs nearby homes. Fair value about $464K, median of 23 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Woburn · asking prices
$486kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2803-38 Lee Centre Drive$469kPH302-1 Lee Centere Drive$490k3503-38 Lee Centre Drive$490k1207-88 Grangeway Avenue$490k1512-68 Grangeway Avenue$490k

The 5 closest of 8 active listings nearby.

See all comparable homes
475kThis home469k490k490k490k490kThis home vs active comparables
Live market pulseActive comparables in Woburn · median list $490K
$634this home / sqft
38active listings nearby
96days on market

This home lists 3% above the area average of $617/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Woburn, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

82/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: 1255 McCowan Rd - Freshco, about 138 m away

20+ transit stops4 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Church-Yonge Corridor
$574K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near North Bendale Public School
64%
North Bendale Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 64% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published

Affordability & Mortgage

Affordability
$2,165/mo
$106KIncome needed
4.5×Price ÷ income
$500Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

69%mortgage
Mortgage $2,165Property tax $173Condo fee $796Total carry $3,135

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,028per month

Mortgage amount $380,000 · 4.14% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$2,997Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,028
Property tax
$173
Condo / maintenance fees
$796
Heating
$0
Estimated monthly cost
$2,997

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,463/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$228,346Total interest paid
$608,346Total of all payments
Principal $380,000 Interest $228,346
YearPrincipalInterestBalance
1$8,902$15,432$371,098
2$9,274$15,059$361,823
3$9,662$14,671$352,161
4$10,067$14,267$342,095
5$10,488$13,846$331,607
6$10,926$13,408$320,681
7$11,383$12,951$309,297
8$11,859$12,474$297,438
9$12,356$11,978$285,082
10$12,872$11,461$272,210
11$13,411$10,923$258,799
12$13,972$10,362$244,827
13$14,556$9,778$230,271
14$15,165$9,169$215,106
15$15,799$8,535$199,307
16$16,460$7,874$182,847
17$17,149$7,185$165,698
18$17,866$6,468$147,832
19$18,613$5,721$129,219
20$19,392$4,942$109,827
21$20,203$4,131$89,624
22$21,048$3,286$68,576
23$21,929$2,405$46,647
24$22,846$1,488$23,801
25$23,801$533$0

At the end of your 5-year term

Total paid over the term
$121,669
Principal paid down
$48,393
Interest paid
$73,276
Balance remaining
$331,607

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.1%
Gross yield
− Property tax $2,081− Condo fees $9,555− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,395

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FR CAPITAL REALTY ADVISORY SERVICES INC.. MLS®/PropTx.

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