1606-88 Grangeway Ave
Woburn, Toronto, Ontario M1H 0A2
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $661at the range’s middle
- Tax a year
- $2,0722025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1606-88 Grangeway Ave
1606-88 Grangeway Ave is a 1+1-bedroom, 1-bathroom condo in Woburn, Toronto, listed for sale at an asking price of $429,000 (MLS® E13740654).
Altitude Condo Near Scarborough Town Centre! Bright and spacious 1+Den layout featuring 638 sq. ft. of living space, an unobstructed mid-floor view, floor-to-ceiling windows, and two walk-outs to a private balcony. Laminate flooring throughout the living/dining area, bedroom, and den. Conveniently located steps to the future subway extension, Scarborough Town Centre, grocery stores, shopping, restaurants, and all amenities. Includes 1 parking space and 1 locker. Exceptional building amenities include an indoor pool, whirlpool, saunas, gym, party room, billiards room, home theatre, and guest suites. A fantastic opportunity for first-time buyers, investors, or those seeking a modern and convenient urban lifestyle.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall45/100−$407/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 21 condos with 2 bedrooms for lease in Woburn right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,072 / 2025
- MLS® number
- E13740654
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Woburn
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, B/I Dishwasher, Rangehood, Stack Washer & Dryer. All Electrical Light fixtures And All Window Blinds. 1 Parking & 1 Locker Included.
- Condo maint.
- $576
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.05 × 5.49 m | Laminate, W/O To Balcony | Flat |
| Dining | 3.05 × 5.49 m | Laminate | Flat |
| Kitchen | 2.44 × 2.44 m | Ceramic Floor | Flat |
| Primary | 3.05 × 4.15 m | Laminate, W/O To Balcony, Closet | Flat |
Listing history
Buy/sell history for 1606-88 Grangeway Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $429,000 | N/A | For Sale | E13740654 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $85,800
- Total mortgage amount
- $343,200
- Total interest payment
- $244,200
- Total purchase cost
- $673,200
- Mortgage payment
- $1,958/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
37%Monthly carrying cost
$2,707- Rent $2,300
- Shortfall $407
Rental income opens at $2,300, the median asking rent of 21 comparable homes for lease in Woburn. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $5,055
- Toronto municipal land transfer tax
- $5,055
- Total land transfer tax
- $10,110
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $1,635
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $429,000
- $580
- Ontario total
- $5,055
Toronto’s municipal tax uses the same brackets at this price, so it adds another $5,055.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m115 test or monitoring holes also recorded.250 m
- Groundwater recorded about 9.8 m below ground nearbyThe middle water level in the well records within 500 m (485 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 17 building permits issued within 250 m in the last 2 years250 m
- 11 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Mapped parcel: about 44,610 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is J&K Die Casting Limited, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet2
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Fibre to the home, Cable, DSL internet listed for this areaFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, FibreStream. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Dash Networks, Rogers, Routcom. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.At the address
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Scarborough Employment District By-Law No. 24982 (Progress)What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
1 building permit cleared at this address in the City’s file.
Inside and Outside DrainsInspection
Drain - work description: new 20 storey condominiumexisting use: vacantpropsed use: condominium - New Building
Issued December 8, 2005
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1710 ELLESMERE RDPlan of subdivisionUnder Review
Draft Plan of Subdivision application to create 6 blocks to permit a 5 tower mixed-use development on the lands at 1710 Ellesmere Road, including two (2) blocks for public parkland and a new public road block. See Official Plan Amendment and Zoning By-law Amendment Application No. 23 165474 ESC 24 OZ.
150 m away1710 ELLESMERE RDSite planUnder Review
Site Plan Approval for two (2) residential towers above a 6-storey podium. Tower D is proposed at 45-storeys and features approximately 418 residential units, and Tower E is proposed at 49-storeys and features approximately 552 residential units. There will be approximately 75,270.28 square metres for an FSI of 10.17.
150 m away1710 ELLESMERE RDSite planUnder Review
Site Plan Approval for a mixed use building above a 7-storey podium. Tower C is proposed at 28-storeys and features approximately 280 rental units, of which 30% will be available as affordable units. There will be approximately 22,114.19 square metres for an FSI of 7.67.
150 m away1710 ELLESMERE RDSite planUnder Review
Site Plan Approval for two (2) residential towers above a 6-storey podium. Tower A is proposed at 49-storeys total and features approximately 499 residential units, and Tower B is proposed at 53-storeys total and features approximately 561 residential units. There will be approximately 77,036.1 square metres for an FSI of 15.08.
150 m away1215 MCCOWAN RDOfficial plan or zoning amendmentOMB Appeal
The proposed development of McCowan Square contemplates three mixed use towers consisting of a total of 1412 units, a gross floor area of 117,913 square metres and a density of 6.4 FSI. The three proposed high-rise buildings are to consist of 25, 45 and 55 storeys in height (87m-177 m), with a transition in height from south to the north sides of the Subject Property.
190 m away1712 ELLESMERE RDSite planUnder Review
Site Plan Approval for two (2) residential towers above a 6-storey podium. Tower A is proposed at 49-storeys total and features approximately 499 residential units, and Tower B is proposed at 53-storeys total and features approximately 561 residential units. There will be approximately 77,036.1 square metres for an FSI of 15.08.
210 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Woburn right now
- For sale now
- 57
- Median asking price
- $470K
- New in 7 days
- 4
- Price cuts
- 25%
Middle half: $400K to $515K
19 in 28 days
14 listings
This home is asking 9% below the median.
See all homes in WoburnAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Agincourt GO | GO Transit train: Stouffville | 3.1 km |
| Eglinton GO | GO Transit train: Lakeshore East | 4.1 km |
| Guildwood GO | GO Transit train: Lakeshore East | 4.7 km |
| Kennedy Station | TTC subway: Line 2 Bloor-DanforthTTC light rail: Line 5 EglintonGO Transit train: Stouffville | 4.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| North Bendale Junior Public SchoolToronto DSB | Public · grades JK–6 | 450 m | 78%Grade 6 average |
| St Victor Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 950 m | 69%Grade 6 average |
| St Andrews Public SchoolToronto DSB | Public · grades JK–8 | 950 m | 82%Grade 6 average |
| Académie Alexandre-DumasConseil scolaire Viamonde | French-language public · grades JK–6 | 3.5 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Woburn Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.8 km | 51%Grade 9 math |
| David and Mary Thomson Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.4 km | 32%Grade 9 math |
| ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4 km | 55%Grade 9 math |
| Francis Libermann Catholic High SchoolToronto CDSB | Catholic · grades 9–12 | 4.1 km | 60%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Woburn are shown to signed-in members.