Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Kennedy Park
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1 Greystone Walk Dr, Toronto
Built
1991
Storeys
20
Suites
266
Developer
Greystone Walk
Corporation
MTCC-986
Walk Score
71
Free · about 45 seconds · no obligation
What is your unit at 1 Greystone Walk worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Very Walkable
Transit Score
Excellent Transit
Bike Score
Somewhat Bikeable
Transit, nearest first
- 20CliffsideTTC bus0.2 km
- 16McCowanTTC bus0.2 km
- 102Markham RdTTC bus0.5 km
- GOScarborough GOLakeshore East line0.7 km
- 2Kennedy stationLine 2 Bloor–Danforth1.4 km
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–6
Walter Perry Junior Public School
45 Falmouth Ave, Scarborough
1.1 km · ~17 min walk
Zoned for this address
MiddleGr 7–8
Robert Service Senior Public School
945 Danforth Rd, Scarborough
0.6 km · ~9 min walk
Zoned for this address
High schoolGr 9–12
R H King Academy
3800 St Clair Ave E, Scarborough
1.2 km · ~19 min walk
Zoned for this address
High schoolGr 9–12
David and Mary Thomson Collegiate Institute
125 Brockley Dr, Scarborough
3.7 km
Zoned for this address
Catholic elementary
St Theresa Shrine Catholic Elementary School
1.2 km · ~19 min walk
Nearest, confirm zoning
Catholic elementary
St Maria Goretti Catholic Elementary School
1.3 km · ~20 min walk
Nearest, confirm zoning
Catholic secondary
St. John Henry Newman Catholic High School
1.3 km · ~20 min walk
Nearest, confirm zoning
French-language · MonAvenir (Catholic)
Pere Philipe Lamarche Catholic Secondary School
2.0 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at 1 Greystone Walk actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 2 bed | 6 | $497,500 | 7 | $2,700/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at 1 Greystone Walk
Do mostly owners or renters live here?
Mix of owners and renters. Of 34 deals here in the last 24 months, 18 were leases and 16 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at 1 Greystone Walk?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about 1 Greystone Walk
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at 1 Greystone Walk lists or sells.
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- New listings for sale or rent here
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Burgers
McDonald's
Steps away
Chinese
Royal Congee Chinese Cuisine
0.2 km · ~3 min walk
Pizza
241 Pizza
0.3 km · ~5 min walk
Pizza
Pizza Nova
0.6 km · ~9 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Greystone Park
- Jeanette Park
- Glen Sheppard Park
Nearest grocery
Fu Yao Supermarket
0.3 km · ~5 min walk
Prices: TRREB MLS® System aggregate medians for 1 Greystone Walk Dr, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
1 Greystone Walk Drive is the building I point to when a buyer tells me they want one cheque a month and no utility surprises. Its fee covers hydro as well as heat, cooling and parking, which is rare in Toronto, and the suites start at a size most new towers treat as large. It is a 1991 building, so the question is not whether there is value here but whether the corporation is ready for its next 20 years. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
1 Greystone Walk is a 20-storey high-rise condominium of 266 suites at 1 Greystone Walk Drive in Scarborough, Toronto, in the Kennedy Park area south of Eglinton Avenue East. It was built in 1991 by Greystone Walk Limited, and the condominium corporation, MTCC-986, was registered on 27 September 1991. Synapse Property Management manages it. Suites run about 871 to 1,374 sq ft. Condos.ca lists the fee as covering air conditioning, common elements, heat, hydro, building insurance, parking and water.
1 Greystone Walk at a glance
The all-inclusive fee is the headline
Condos.ca lists air conditioning, common elements, heat, hydro, building insurance, parking and water in the fee at 1 Greystone Walk. In most Toronto condos built in the last 20 years, hydro is on your own meter and often heat and cooling are too. Here, apart from internet and your phone, the fee is close to your full cost of occupying the suite.
Current listings work out to about $0.84 per square foot in fees. On its own, that number looks average. Once you remember it includes electricity for an 871 to 1,374 sq ft suite, plus heating, cooling and a parking space, it compares well with newer buildings where those costs are added on top.
There is a trade-off. When utilities are bundled, the corporation carries the risk of energy prices, and heavy users are subsidised by light ones. Ask the manager how utility costs have moved in recent budgets and whether the board has looked at energy retrofits or suite metering, because either can change your fee.
Cable, internet and phone are not on the condos.ca inclusion list, so budget for those separately. Confirm with the manager what, if anything, the building has a bulk agreement for.
Part of a three-tower Greystone Walk community
Greystone Walk Drive has three condominium towers: this building at number 1, plus Greystone Walk II at 3 and Greystone Walk I at 5. They share a street and a name, but each is its own corporation, so fees, rules and reserve funds differ from building to building.
Condos.ca records Greystone Walk Limited as the builder of number 1, and the corporation was registered in September 1991. Condos.ca credits Tridel with Greystone Walk II at number 3, which suggests a phased community, but number 1 is recorded under Greystone Walk Limited and I could not confirm an architect. Synapse Property Management currently manages the building, according to condos.ca.
When you compare suites along the street, compare corporations, not just floor plans. A cheaper suite next door can carry a higher fee or a different reserve fund position, and that difference is what you will live with every month.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Layouts built for households, not investors
Suites here run from about 871 to 1,374 sq ft. The current listings are mostly two-bedroom and two-bedroom-plus-den plans, and the size bands on several of them fall in the 900 to 999 sq ft range. That is a family-sized footprint, and early-1990s plans usually give you a proper dining area and real separation between bedrooms.
The usual caution applies to a building of this age: kitchens, bathrooms and flooring vary enormously from suite to suite. One suite may be original and the next fully renovated, which explains much of the spread in asking prices. Price the renovation before you compare.
Condos.ca also lists guest suites, a rooftop deck, an outdoor patio and a party room. Guest suites are a practical extra in a building full of families, because visiting relatives have somewhere to stay without crowding a two-bedroom.
Listings also show a penthouse level at the top of the tower. If you are paying a premium for a top-floor suite, ask about the roof: when it was last replaced, what the reserve fund study says about it, and whether there is any history of leaks into the suites below it.
Living in Kennedy Park
Kennedy Park is an established residential pocket of south-central Scarborough, south of Eglinton Avenue East. It is practical rather than polished, and most daily errands happen along the main roads.
The bigger story is transit change around Kennedy Station. Line 5 Eglinton, the Crosstown, entered service in February 2026 with Kennedy as its eastern end, and the City’s Line 2 East extension will run 7.8 km from Kennedy Station toward Scarborough Centre and Sheppard and McCowan. Both strengthen this part of Scarborough as a commuting base. The panel on this page shows the exact transit options from this address.
Transit construction also brings disruption while it lasts, and new stations tend to attract new development around them. If you plan to stay for the long term, look at what is proposed on the nearby main roads through the City’s development application map before you buy, so you know what the next decade around you may look like.
What 1 Greystone Walk costs
Condos.ca puts the building average at about $448 per square foot. That is low by Toronto standards, and it reflects both the age of the building and the size of the suites, since larger suites always sell for less per square foot.
When I checked, five suites were for sale, asking between $489,900 and $549,000, and one was for lease. That is a tight range, which tells you the market here prices mostly on condition and view rather than on layout. For what has actually sold, use the panel on this page, or ask me for a building sold report.
Judge the fee as a total cost of housing, not as a fee. If a newer building charges $0.65 per square foot and bills you separately for hydro, heat, cooling and parking, the all-in figure here can come out ahead.
Building specifications
| Building name | 1 Greystone Walk |
| Address | 1 Greystone Walk Drive, Scarborough, Toronto |
| Builder | Greystone Walk Limited |
| Storeys | 20 |
| Total suites | 266 |
| Condo corporation | MTCC-986 |
| Registered | 27 September 1991 |
| Property management | Synapse Property Management |
| Suite sizes | Approximately 871 to 1,374 sq ft |
| Maintenance fees | About $0.84 per sq ft across current listings |
| Fees include | Air conditioning, common elements, heat, hydro, building insurance, parking and water |
| Sister buildings | Greystone Walk II (3 Greystone Walk Drive) and Greystone Walk I (5 Greystone Walk Drive), separate corporations |
Amenities at 1 Greystone Walk
The amenity list is short but useful: a rooftop deck and patio for summer, a party room for family events, and guest suites for visiting relatives. There is no listed pool or concierge, which helps keep the fee pointed at utilities and the building itself.
Jatin’s honest take on 1 Greystone Walk
Who this building suits
Families and downsizers who want two bedrooms and a den with room to breathe, and anyone on a fixed income who values a single predictable monthly cost. It also suits commuters who want to be close to the Kennedy Station transit hub as Line 5 and the Line 2 extension change the area.
What I’d want you to check
With hydro, heat and cooling bundled, the building’s energy costs are your costs, so read the budget closely and ask how utility spending has trended. At 35 years old, the windows, balcony doors, garage, elevators and heating and cooling plant are all on the reserve fund study, so check what is done and what is funded. Condos.ca flags pet restrictions, so read the rules before you move in with a pet.
The value question
At about $448 per square foot with every major utility in the fee, the value is real for an owner-occupier. You trade new finishes and a big amenity floor for space and monthly certainty. If the reserve fund and recent budgets look sound, I think this is one of the better space-for-money options on this side of Scarborough.
Free building report: 1 Greystone Walk
Send me your email and I’ll put together a current report on 1 Greystone Walk — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
1 Greystone Walk — frequently asked questions
Does the maintenance fee at 1 Greystone Walk include hydro?
Yes. Condos.ca lists hydro, heat, air conditioning, water, building insurance, parking and common elements in the fee.
How many storeys and suites does 1 Greystone Walk have?
It is a 20-storey tower with 266 suites.
When was 1 Greystone Walk built and who built it?
It was built in 1991 by Greystone Walk Limited. The corporation, MTCC-986, was registered on 27 September 1991.
Are 1, 3 and 5 Greystone Walk Drive the same condominium?
No. Greystone Walk II at 3 and Greystone Walk I at 5 are separate corporations with their own fees, rules and reserve funds.
How big are the suites?
About 871 to 1,374 sq ft, with many two-bedroom and two-bedroom-plus-den plans.
Who manages the building?
Condos.ca lists Synapse Property Management. Confirm the current manager in the status certificate.
What amenities does 1 Greystone Walk have?
Condos.ca lists guest suites, a rooftop deck, an outdoor patio, a party room, a parking garage and visitor parking.
What are the fees per square foot?
Current listings average about $0.84 per square foot, which is reasonable given that hydro, heat and cooling are included.
Is parking included?
Condos.ca lists parking in the fee. Confirm how many spaces come with the suite you are considering.
How does the new transit affect this area?
Line 5 Eglinton opened in February 2026 with Kennedy as its eastern end, and the Line 2 East extension will run from Kennedy Station into Scarborough. Both improve access from this part of Scarborough.
How much do condos at 1 Greystone Walk sell for?
Over the last 12 months the median resale at 1 Greystone Walk was $497,500, across 6 sales. The typical unit sold in 23 days at about 98% of the asking price.
How much is rent at 1 Greystone Walk?
The median lease at 1 Greystone Walk over the last 12 months was $2,700/mo, from 7 leases. Units typically leased in 25 days.
What does each unit type cost at 1 Greystone Walk?
Over the last 24 months: Two-bedrooms sold for a median $497,500 and rented for $2,700/mo. Each median uses three or more deals.
What rental yield does 1 Greystone Walk offer an investor?
At a median price of $497,500 and a median rent of $2,700 a month, the gross yield is about 6.5%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at 1 Greystone Walk?
A mix of both. Of the deals here in the last 24 months, 53% were leases and 47% were sales.
Can you Airbnb a unit at 1 Greystone Walk?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has 1 Greystone Walk had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is 1 Greystone Walk zoned for?
For TDSB public schools, the address is zoned for Walter Perry Junior Public School (Elementary, JK–6), Robert Service Senior Public School (Middle, Gr 7–8), R H King Academy (High school, Gr 9–12), David and Mary Thomson Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the Walk Score of 1 Greystone Walk?
Walk Score 71, Transit Score 77 and Bike Score 45. Most daily errands can be done on foot.
What restaurants and shops are near 1 Greystone Walk?
Within about a 10-minute walk: McDonald's (Burgers), Royal Congee Chinese Cuisine (Chinese), 241 Pizza (Pizza), Pizza Nova (Pizza). The closest grocery store is Fu Yao Supermarket, 0.3 km away.
Which parks are near 1 Greystone Walk?
Greystone Park, Jeanette Park, Glen Sheppard Park are the closest green spaces.
What is my unit at 1 Greystone Walk worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at 1 Greystone Walk lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at 1 Greystone Walk, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Agincourt, L’Amoreaux, Milliken, Dorset Park and Wexford in Scarborough building guides: 10 Cardwell Avenue Townhouses · 10 Reidmount Avenue Townhouses · 10 Stonehill Court Condos · 100 Prudential Drive Condos · 1000 Bridletowne Circle Townhouses · 1120 Huntingwood Drive Townhouses
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.