88 Grangeway Avenue Unit 209, Toronto E09

Price: $550,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E12859794

Welcome to one of the largest and most desirable residences in the building. This exceptionally bright and spacious corner suite offers 1,048 sq. ft. (per MPAC) of thoughtfully designed living space with a true house-like feel. Featuring two generously sized bedrooms and two full bathrooms, the unit is enhanced by hardwood flooring throughout and a private corner balcony showcasing unobstructed southwest views - perfect for enjoying stunning sunsets and natural light all day long. The oversized primary suite includes a large walk-in closet and a private 3-piece ensuite with an accessible walk-in shower. Numerous builder upgrades elevate the home, including modern flooring, upgraded appliances, and sleek, stylish countertops. Residents enjoy premium amenities such as a 24-hour concierge, indoor pool, guest suite, billiards room, and media room. Ideally located just steps to the subway, Scarborough Town Centre, grocery stores, and with quick access to Highway 401, this home offers unbeatable convenience without compromising on space or comfort.

88 Grangeway Avenue Unit 209 - Condo photo 1 of 18 in Scarborough (West Hill / Highland Creek), Ontario
88 Grangeway Avenue Unit 209 - Condo photo 2 of 18 in Scarborough (West Hill / Highland Creek), Ontario
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88 Grangeway Avenue Unit 209 - Condo photo 7 of 18 in Scarborough (West Hill / Highland Creek), Ontario
88 Grangeway Avenue Unit 209 - Condo photo 8 of 18 in Scarborough (West Hill / Highland Creek), Ontario
88 Grangeway Avenue Unit 209 - Condo photo 9 of 18 in Scarborough (West Hill / Highland Creek), Ontario
88 Grangeway Avenue Unit 209 - Condo photo 10 of 18 in Scarborough (West Hill / Highland Creek), Ontario
88 Grangeway Avenue Unit 209 - Condo photo 11 of 18 in Scarborough (West Hill / Highland Creek), Ontario
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$550,000 - 88 Grangeway Avenue Unit 209, Highland Creek

Condo for Sale in Highland Creek

99 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E12859794
Property Type
Condo
Status
active
Days on Site
99
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to one of the largest and most desirable residences in the building. This exceptionally bright and spacious corner suite offers 1,048 sq. ft. (per MPAC) of thoughtfully designed living space with a true house-like feel. Featuring two generously sized bedrooms and two full bathrooms, the unit is enhanced by hardwood flooring throughout and a private corner balcony showcasing unobstructed southwest views - perfect for enjoying stunning sunsets and natural light all day long. The oversized primary suite includes a large walk-in closet and a private 3-piece ensuite with an accessible walk-in shower. Numerous builder upgrades elevate the home, including modern flooring, upgraded appliances, and sleek, stylish countertops. Residents enjoy premium amenities such as a 24-hour concierge, indoor pool, guest suite, billiards room, and media room. Ideally located just steps to the subway, Scarborough Town Centre, grocery stores, and with quick access to Highway 401, this home offers unbeatable convenience without compromising on space or comfort.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,821.79/mo

Includes CMHC insurance ($15,345)

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5-yr fixed avg.

Principal: $495,000Interest: $336,191
Mortgage Amount$510,345
Total Interest$336,191
Est. Property Tax$390/mo
Total Cost$846,536

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Scarborough (West Hill / Highland Creek)

Discover Scarborough (West Hill / Highland Creek)

Scarborough (West Hill / Highland Creek) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Scarborough (West Hill / Highland Creek)

  • Convenient location in Scarborough (West Hill / Highland Creek)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Scarborough (West Hill / Highland Creek) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

88 Grangeway Avenue Unit 209, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$390
Insurance (est.)-$115
Net Cash Flow+$1,205

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $550/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 99 days on site, this property has exceeded the typical selling timeline for Highland Creek. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Investment Perspective

Looking at this as an investment: Highland Creek properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    88 Grangeway Avenue Unit 209, S… — $550,000 | Battaglia Team