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    1 Greystone Walk Drive

    1 Greystone Walk Condos
    3for Sale
    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    266
    Condo Completion:
    1991
    Condo Demand:
    Medium
    Unit Size Range:
    749 - 1,499 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for 1 Greystone Walk Condos

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    Amenities

    Party Room
    Security System
    Visitor Parking
    Outdoor Pool
    Gym Room
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1 Greystone Walk Drive1 Greystone Walk Condos

    A Scarborough condo that's touted for great value — Greystone Walk Condos was completed in 1991, and has remained a popular choice ever since. Surrounded by manicured gardens, the tower stands 20 storeys tall, clad in concrete and glass. While this condo does show its age on the outside, there's a reason that 1 Greystone Walk Dr is in demand.

    In addition to the green space on site, residents of 1 Greystone Walk Dr enjoy a slew of desirable and seldom offered extras; a rooftop garden, tennis and squash courts, an indoor pool and whirlpool, an outdoor pool, saunas, a squash court, dog paths, and more. As well, the building offers numerous programs for fitness and community engagement.

    Condo fees are above the neighbourhood average, but on par with the average cost in the GTA. And as incredible as the amenities are, it's the generous suites that captures the attention of buyers and renters.

    The Suites

    Homes at 1 Greystone Walk Dr offer generous floor plans — to say the least. Suites in this residence range in size from 749 square feet for a one bedroom to 1400 square feet for the largest 2 bedroom plus den. Suites follow layouts that are more akin to apartments than modern condos, with kitchens that are separate from the living space. However, many units have seen renovations.

    Prospective buyers should expect finishes to vary depending on past renovations, as some units in the building are modern and luxurious and others require upgrades. Units have large living rooms with bay windows, hard surface flooring — laminate or wood — large windows and private balconies.

    1 Greystone Walk Dr contains 266 Toronto condos but due to high demand, they rarely appear on the market. For those lucky enough to land a home here, the Scarborough Junction neighbourhood provides a great place to explore.

    The Neighbourhood

    For prospective buyers in search of a community with plenty of nature around, the Kennedy Park pocket of Scarborough Junction is an ideal location. Residents of Greystone Walk Condos can go for a quiet stroll on the McCowan District Park Trail and skate at McCowan District Park during winter. There are several playgrounds nearby for young children, and many schools and daycares in the area.

    Dining options can be found centered around the intersection at Midland and Danforth; there are fast food chains like McDonald's and restaurants offering international dishes like Royal Congee Chinese Cuisine. On warm summer evenings the patio at Working Dog Saloon provides a great place to cool down.

    Shopping options are limited to specialized shops and hardware stores in the immediate area around the building, however, residents can head west to Golden Mile for SmartCentres Scarborough on Eglinton.

    Transportation

    Residents of 1 Greystone Walk Dr can run most daily errands on foot; Fu Yao Supermarket is only minutes from the building, as is Greystone Pharmacy.

    Public transit users can catch a bus at the intersection of Midland and Danforth, and connect to Scarborough GO for service into the downtown core. Car owners will need to rely on Kingston Rd or head west on O'Connor for the Don Valley Parkway, to make it into the downtown core.

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    Listings For Rent

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    Explore Scarborough Junction

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    7/10
    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.

    Similar condos

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    22%
    Household Income
    $0 - $30,000
    54%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    2%
    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%

    Maintenance Fees

    1 Greystone Walk Condos vs The Scarborough Junction Area

    Days on Strata

    Units at 1 Greystone Walk Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Scarborough Junction

    Turnover of Units

    On average, each unit is owned for
    9
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 12 condos in the Scarborough Junction area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    7
    Units were Rented over the past twelve months

    Best Value Rank

    1 Greystone Walk Condos offers the
    ?
    best value out of 12 condos in the Scarborough Junction neighbourhood

    Appreciation Rank

    1 Greystone Walk Condos has the
    ?
    highest ROI out of 12 condos in the Scarborough Junction neighbourhood

    Rental Yield

    1 Greystone Walk Condos yields the
    ?
    highest rent prices out of 12 condos in the Scarborough Junction neighbourhood

    High Demand

    1 Greystone Walk Condos is the
    ?
    most popular building out of 12 condos in the Scarborough Junction neighbourhood

    Transaction Insights at 1 Greystone Walk Drive

    2 Bed2 Bed + Den3 Bed + Den
    Price Range$540,000 - $650,000$490,000 - $635,000No Data
    Avg. Cost Per Sqft$596$493No Data
    Avg. Wait for Unit Availability69 Days39 DaysNo Data
    Ratio of Units in Building34%66%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Scarborough Junction