1109-88 Grangeway Avenue, Toronto, ON

Woburn, Toronto · MLS® E13854930

$509,900
For Sale
Listed 17 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Altitude Condominiums, a residence where sophisticated urban living meets the warmth of a sun-filled home.
  • This impeccably maintained and freshly painted 2 bedroom, 2 bathroom condo offers a great combination of style, light, and connectivity.
  • The centrepiece of the open-concept living area is the expansive walls of windows.
  • Location is one thing you can't change about a property, and this condo is perfectly placed mere minutes away from the 401, the new Scarborough subway extension, many...
  • This unit's convenience continues with an owned parking spot and locker both conveniently located near the elevator.

Welcome to Altitude Condominiums, a residence where sophisticated urban living meets the warmth of a sun-filled home! If you've been searching for a property that balances turnkey convenience with an unbeatable location, your search ends here! This impeccably maintained and freshly painted 2 bedroom, 2 bathroom condo offers a great combination of style, light, and connectivity. Whether you're a first-time homebuyer, downsizing, or investing, this home will impress you. The centrepiece of the open-concept living area is the expansive walls of windows. With south and west exposure, they flood the space with natural light all day long making the space feel even larger. You'll love spending time on the balcony sipping your favourite beverage while watching the sun's path across the sky. The Primary Suite is a true sanctuary featuring a spacious layout, large walk-in closet, and a private ensuite bathroom. The Second Bedroom is equally bright and versatile, ideal for use as a child's bedroom, a guest suite, or a home office for the remote professional. Location is one thing you can't change about a property, and this condo is perfectly placed mere minutes away from the 401, the new Scarborough subway extension, many shops, plus the variety of stores at the Scarborough Town Centre. Lush parks and Scarborough Centennial Recreation Centre are within walking distance, providing fun options for getting some fresh air, exercising, and enjoying relaxing activities in the area. The caring, responsive management team of Altitude offers the peace of mind of a well maintained, secure building. This unit's convenience continues with an owned parking spot and locker both conveniently located near the elevator. Pride of ownership is evident in every corner of this unit and building. There is nothing left to do but move in!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13854930
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
McCowan Rd. & Ellesmere Rd.
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$902/mo
Exposure
South West
Property tax
$2,933 / 2026
Days on market
17
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Primary BedroomFlat3.00 × 4.00 m

4 pc ensuite · walk-in closet(s) · large window

Bedroom 2Flat2.80 × 3.00 m

hardwood floor · large window

KitchenFlat4.60 × 2.40 m

eat-in kitchen · granite counters · b/i dishwasher

Living RoomFlat5.50 × 5.20 m

combined w/dining · hardwood floor · large window

Dining RoomFlat5.50 × 5.20 m

combined w/living · hardwood floor · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Woburn · asking prices
$536kavg asking

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

Per square foot, these ask about $488/sqft; this home lists at $464/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
510kThis home498k499k611kThis home vs active comparables

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
$543K
North St. James Town
$649K
Annex
$1.03M
Moss Park
$549K
Church-Yonge Corridor
$876K

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 · 0.5 km awayBelow the GTA average · 64% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
St Victor Catholic School · Catholic elementary0.9 km · 74% at standard
St Andrews Public School · Public elementary0.9 km · 77% at standard
Bellmere Junior Public School · Public elementary1.2 km · 65% at standard
Bendale Junior Public School · Public elementary1.4 km · 62% at standard
White Haven Junior Public School · Public elementary1.5 km · 74% at standard
Edgewood Public School · Public elementary1.5 km · 36% at standard
Tredway Woodsworth Public School · Public elementary1.6 km · 60% at standard
St Elizabeth Seton Catholic School · Catholic elementary1.7 km
C D Farquharson Junior Public School · Public elementary1.7 km · 87% at standard
Woburn Collegiate Institute · Public secondary1.8 km · 66% at standard
Woburn Junior Public School · Public elementary1.9 km · 67% at standard
St Rose of Lima Catholic School · Catholic elementary2.1 km · 73% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,324/mo
$117KIncome needed
4.4×Price ÷ income
$536Weekly cost
$13,346Land transfer tax, one-time (Ontario + Toronto)
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.

67%mortgage
Mortgage $2,324Property tax $244Condo fee $902Total carry $3,470

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,255per month

Mortgage amount $407,920 · 4.49% over 25 years

$101,980Down payment (20.0%)
$407,920Loan before insurance
$0CMHC premium
$3,402Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,255
Property tax
$244
Condo / maintenance fees
$902
Heating
$0
Estimated monthly cost
$3,402

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

One-time closing costs

Ontario land transfer tax
$6,673
Toronto municipal land transfer tax
$6,673
Estimated closing costs
$13,346

Plus your down payment of $101,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,730/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

$268,718Total interest paid
$676,638Total of all payments
Principal $407,920 Interest $268,718
YearPrincipalInterestBalance
1$9,103$17,962$398,817
2$9,516$17,549$389,301
3$9,948$17,117$379,352
4$10,400$16,665$368,952
5$10,872$16,193$358,080
6$11,366$15,700$346,714
7$11,882$15,183$334,832
8$12,422$14,644$322,410
9$12,986$14,080$309,425
10$13,575$13,490$295,849
11$14,191$12,874$281,658
12$14,836$12,230$266,822
13$15,509$11,556$251,313
14$16,214$10,852$235,099
15$16,950$10,116$218,149
16$17,719$9,346$200,430
17$18,524$8,542$181,906
18$19,365$7,701$162,541
19$20,244$6,821$142,297
20$21,163$5,902$121,133
21$22,124$4,941$99,009
22$23,129$3,937$75,880
23$24,179$2,887$51,701
24$25,277$1,789$26,424
25$26,424$641$0

At the end of your 5-year term

Total paid over the term
$135,328
Principal paid down
$49,840
Interest paid
$85,487
Balance remaining
$358,080

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$3,400/mo
$40,800Gross annual rent
4.3%Cap rate after taxes and upkeep

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.

8.0%
Gross yield
− Property tax $2,933− Condo fees $10,819− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,960

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

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