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Listed 28 days ago

2508 - 88 Grangeway Avenue

Woburn, Toronto

$546,000

Condo Apartment |
2 + 2 | 2 | 1 | 1
About this home

Welcome to 88 Grangeway at Altitude Condo. In the heart of Scarborough just steps to STC, transit, restaurants, and everyday amenities. This spacious and sun-filled corner unit features a unique and rare 2+2 bedroom, 2 bathroom layout that offers exceptional value and versatility. A portion of the living room has been thoughtfully converted into a 3rd bedroom (all split, no side by side bedrooms), creating a unique and functional layout that stands out from the rest! With over 1,000 sqft of living space, this bright and well-designed corner unit provides plenty of room for families, professionals, or investors alike. The added den offers even more flexibility for a home office, study area, or extra storage. A rare opportunity to own a large condo in one of Scarborough's most convenient and highly sought-after locations. Well managed building w/ Concierge, Gym, Pool, Party Room, Jacuzzi, Sauna, Visitor Parking & More.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size1000-1199 sq. ft.
Maintenance Fees$899
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,979
mls© NumberE13534748
Listed ByHOMEART REALTY SERVICES INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,795
Property tax
$248
Heat allowance
$150
Condo fees, half counted
$449
Housing costs
$3,642 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,200
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,298 / mo
Cash down
$109,200

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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