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    Greystone Walk I Condos

    5 Greystone Walk Drive

    2for Sale
    2for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    22
    Number of Units:
    353
    Condo Completion:
    1990
    Condo Demand:
    High
    Unit Size Range:
    505 - 1,299 SQFT
    Unit Availability:
    High

    Listing History for Greystone Walk I Condos

    Amenities

    Party Room
    Indoor Parking
    Indoor Pool
    Rooftop Deck
    Security System
    Outdoor Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5 Greystone Walk DriveGreystone Walk I Condos

    Greystone Walk I Condos was completed in 1990 by Tridel. While some buyers associate high maintenance fees with older buildings, maintenance fees at 5 Greystone Walk Drive are only $0.79 per-square-foot. These Scarborough Junction condos for sale offer floor plans that are more spacious than most modern condos; there are 353 suites in this 22-storey residence, and units range from 505 square feet to 1299 square feet.

    Maintenance fees are $0.79 per-square-foot, which is higher than the neighbourhood average of $0.68 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 5 Greystone Walk Drive is $754 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at Greystone Walk I Condos spend 18 days on the market on average and usually sell for 2.51% above the listing price. In the last 12 months, 7 units have rented, and 20 have sold.

    The Neighbourhood

    Living here means you’re just a 11-minute walk from Royal Congee Chinese Cuisine, HomeTakeOut and Banjara Indian Cuisine, making it easy to dazzle your taste buds without much effort. Scarborough Junction has plenty to offer coffee enthusiasts, with great cafes like McDonald's, Panellinion Cafe and Tim Hortons.

    There are a number of grocery stores within a short drive, including Fu Yao Supermarket, Yal Market and Yasmeen Halal.

    There are a number of banks within a short drive, including CIBC Branch with ATM and BMO Bank of Montreal for all your investment needs.

    Having Greystone Park and Gordonridge (G-Ridge) Park within 4 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 5 Greystone Walk Drive, including GREYSTONE FLOWER SHOP, Kennedy Park Plaza and Midland and Eglinton Plaza which are only 3 away.

    If you’re tired of the usual neighbourhood attractions, then perhaps having Toronto Ink less than a 5-minute drive away will give you a lift.

    There are plenty of nearby school choices — Walter Perry Junior Public School and Glen Ravine Junior Public School — with more in neighbouring areas so you can find the best school for your child’s needs. Scarborough Junction is an excellent area for parents and teens alike where your teenager will be able to explore close to home after attending South East Year Round Alternative Centre, Midland Avenue Collegiate Institute and Scarborough Centre for Alternative Studies. And you’ll have peace of mind they’re nearby!

    Transportation

    Transit users aren’t far from a light transit stop at Danforth Rd At Midland Ave East Side. Those who live in the area can easily drive to Kennedy, just 3 minutes from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 3 Greystone Walk Drive, 1 Greystone Walk Drive and 3734 St Clair Avenue E.

    2

    Listings For Sale

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    2

    Listings For Rent

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    Nearby Amenities

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    8/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    12,515
    Average Individual Income
    $58,606
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $101,238
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    43%
    High Rise Apartment
    22%
    Semi Detached
    22%
    Duplex
    6%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    45%
    Cantonese
    24%
    Mandarin
    18%
    Other
    9%
    Tamil
    3%
    Tagalog
    1%
    Education
    University and Above
    30%
    High School
    28%
    None
    20%
    College
    15%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Days on Strata

    Units at Greystone Walk I Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    8.3
    YEARS before being sold again

    Property Value

    14%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 10 condos in the Scarborough Junction area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    Greystone Walk I Condos offers the
    ?
    best value out of 10 condos in the Scarborough Junction neighbourhood

    Appreciation Rank

    Greystone Walk I Condos has the
    ?
    highest ROI out of 10 condos in the Scarborough Junction neighbourhood

    Rental Yield

    Greystone Walk I Condos yields the
    ?
    highest rent prices out of 10 condos in the Scarborough Junction neighbourhood

    High Demand

    Greystone Walk I Condos is the
    ?
    most popular building out of 10 condos in the Scarborough Junction neighbourhood

    Transaction Insights at 5 Greystone Walk Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$437,000 - $505,000$445,000 - $495,000$450,000 - $650,000$572,500 - $630,000
    Avg. Cost Per Sqft$833$632$583$565
    Avg. Wait for Unit Availability94 Days164 Days59 Days43 Days
    Ratio of Units in Building19%11%30%43%

    Maintenance Fees

    Greystone Walk I Condos vs The Scarborough Junction Area

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