808-68 Grangeway Avenue, Toronto, ON

Woburn, Toronto · MLS® E13109886

$2,900/mo
For Lease
Listed 72 days ago
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3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Experience the perfect blend of comfort and convenience in this stunning, open-concept 2-bedroom plus den suite, where floor-to-ceiling windows flood the space with natural morning light. Perfect for professionals or small families. The versatile floor plan features two full bathrooms, a spacious den ideal for a home office, and a large private balcony offering serene morning views. Enjoy a stress-free lifestyle with all utilities, parking included in the rent. Situated in an Excellent location, steps away from Scarborough Town Centre, McCowan Square (FreshCo, Shoppers Drug Mart, BMO), and the TTC station, with lightning-fast access to Highway 401 for commuters. Complete with 24-hour security and maintained in great condition, this Suite is ready for you to move in and enjoy.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13109886
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Mccowan/Ellesmere
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
East
Days on market
72
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Living RoomMain5.30 × 3.20 m

laminate · overlooks dining · east view

Bedroom 2Main3.30 × 2.80 m

laminate · walk-in closet(s)

KitchenMain3.20 × 2.79 m

ceramic floor · overlooks dining

Primary BedroomMain6.00 × 3.30 m

4 pc ensuite · laminate · east view

DenMain2.74 × 2.01 m

laminate · overlook patio · east view

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2,773/moest. value

Listed at $2,900/mo, this rental is about 5% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Woburn lately, landlords have been getting about 98% of asking and homes lease in about 24 days.

Based on 89 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 89 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $2,650/mo
  • Adjusts to $2,650/mo

That comparable adjusts to $2,650/mo; the $2,773/mo estimate above is the median of all 89 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$2,650/moBelow market$2,900/moAbove market

Total price vs nearby homes. Fair value about $2,773/mo, median of 89 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Woburn · asking prices
$2,817avg asking

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

1532-68 Corporate Drive$2,9001929-68 Corporate Drive$2,9001602-30 Meadowglen Place$2,650

The 3 closest active listings nearby.

See all comparable homes
2,900This home2,9002,9002,650This home vs active comparables
Live market pulseActive comparables in Woburn · median list $3K
45active listings nearby
72days on market
100leased nearby · 90 days
$3Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Nearby neighbourhoods

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

Bayview Village
$3K
Mount Pleasant West
$2K
North St. James Town
$2K
Church-Yonge Corridor
$2K
Bay Street Corridor
$2K

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
$13/mo
$4KIncome needed
0.7×Price ÷ income
$3Weekly 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.

88%mortgage
Mortgage $13Property tax $2Total carry $15

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12per month

Mortgage amount $2,320 · 4.14% over 25 years

$580Down payment (20.0%)
$2,320Loan before insurance
$0CMHC premium
$14Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$14

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

One-time closing costs

Ontario land transfer tax
$15
Toronto municipal land transfer tax
$15
Estimated closing costs
$29

Plus your down payment of $580. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$15/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

$1,394Total interest paid
$3,714Total of all payments
Principal $2,320 Interest $1,394
YearPrincipalInterestBalance
1$54$94$2,266
2$57$92$2,209
3$59$90$2,150
4$61$87$2,089
5$64$85$2,025
6$67$82$1,958
7$69$79$1,888
8$72$76$1,816
9$75$73$1,741
10$79$70$1,662
11$82$67$1,580
12$85$63$1,495
13$89$60$1,406
14$93$56$1,313
15$96$52$1,217
16$100$48$1,116
17$105$44$1,012
18$109$39$903
19$114$35$789
20$118$30$671
21$123$25$547
22$129$20$419
23$134$15$285
24$139$9$145
25$145$3$0

At the end of your 5-year term

Total paid over the term
$743
Principal paid down
$295
Interest paid
$447
Balance remaining
$2,025

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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