1015-68 Grangeway Avenue, Toronto, ON

Woburn, Toronto · MLS® E13122624

$429,900
For Sale
Listed 65 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Step Into This Stunning, Light-Filled Unit, Moments Away From Scarborough Town Centre - Offering 686 Sq. Ft. Of Modern Luxury & Convenience. This Residence Features 1 Bedroom Plus Den - A Sleek Open-Concept Design With Expansive Windows That Fill The Suite With Natural Light! The Thoughtfully Designed Layout Boasts A Stylish Kitchen With S/S Appliances, Newer Flooring, & Contemporary Finishes That Elevate Every Space! The Spacious Living And Dining Area Flows Seamlessly To A Private Balcony, Perfect For Entertaining Or Simply Enjoying The View. Residents Enjoy An Array Of Upscale Amenities, Including An Indoor Pool, Fitness Centre, Golf Room, Billiards, Party Room, Guest Suites, & 24/7 Security. Ideally Situated In A Prime Scarborough City Centre Location, Youre Just Steps From Scarborough Town Centre, TTC, GO Transit, Mccowan RT, Shopping, Dining, Parks, Schools, And The YMCA. With Easy Access To Highway 401, This Condo Is Truly The Perfect Transit Hub Connecting You Across The City And Beyond. Whether You're A Young Professional, Small Family, Or Savvy Investor, This Exceptional Suite Offers The Perfect Blend Of Function, Flair, And Lifestyle. Maintenance Fee Includes All Utilities (Heat/Hydro/Water)! Don't Miss This Opportunity To Live In Brilliance!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13122624
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Mccowan/Ellesmere
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Maintenance
$730/mo
Exposure
West
Property tax
$1,983 / 2025
Days on market
65
Listing brokerage
ACCSELL REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$413Kest. value

Listed at $429,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $480K, a bit higher.

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 $446K
  • Adjusts to $446K

That comparable adjusts to $446K; the $413K estimate above is the median of all 12 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
$409KGreat deal$446KOverpriced

Total price vs nearby homes. Fair value about $413K, median of 12 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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Woburn · asking prices
$424kavg asking

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

3515-38 Lee Centre Drive$446k1503-30 Meadowglen Place$410k1708-38 Lee Centre Drive$450k2716-38 Lee Centre Drive$409k1502-38 Lee Centre Drive$405k

The 5 closest of 8 active listings nearby.

See all comparable homes
430kThis home446k410k450k409k405kThis home vs active comparables
Live market pulseActive comparables in Woburn · median list $480K
$662this home / sqft
32active listings nearby
65days on market

This home lists 6% above the area average of $625/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
$1.57M
Church-Yonge Corridor
$590K

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
$1,959/mo
$97KIncome needed
4.4×Price ÷ income
$452Weekly 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 $1,959Property tax $165Condo fee $730Total carry $2,855

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)
$1,835per month

Mortgage amount $343,920 · 4.14% over 25 years

$85,980Down payment (20.0%)
$343,920Loan before insurance
$0CMHC premium
$2,731Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,835
Property tax
$165
Condo / maintenance fees
$730
Heating
$0
Estimated monthly cost
$2,731

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

One-time closing costs

Ontario land transfer tax
$5,073
Toronto municipal land transfer tax
$5,073
Estimated closing costs
$10,146

Plus your down payment of $85,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,229/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

$206,665Total interest paid
$550,585Total of all payments
Principal $343,920 Interest $206,665
YearPrincipalInterestBalance
1$8,057$13,967$335,863
2$8,394$13,630$327,469
3$8,745$13,278$318,724
4$9,111$12,913$309,614
5$9,492$12,532$300,122
6$9,889$12,135$290,233
7$10,303$11,721$279,930
8$10,733$11,290$269,197
9$11,182$10,841$258,014
10$11,650$10,373$246,364
11$12,137$9,886$234,227
12$12,645$9,378$221,582
13$13,174$8,849$208,408
14$13,725$8,298$194,682
15$14,299$7,724$180,383
16$14,897$7,126$165,486
17$15,520$6,503$149,965
18$16,170$5,854$133,796
19$16,846$5,177$116,950
20$17,551$4,473$99,399
21$18,285$3,739$81,114
22$19,050$2,974$62,065
23$19,846$2,177$42,218
24$20,677$1,347$21,541
25$21,541$482$0

At the end of your 5-year term

Total paid over the term
$110,117
Principal paid down
$43,798
Interest paid
$66,319
Balance remaining
$300,122

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$2,050/mo
$24,600Gross annual rent
2.5%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.

5.7%
Gross yield
− Property tax $1,983− Condo fees $8,763− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,548

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

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