MLS® listing
48 Granby Street 6: condo townhouse for sale
$1,195,000
From the listing brokerage
Rare offering in the McGill-Granby Village. This 2200 square foot multi-level townhouse is part of the Lexington Condominium Complex and offers a very unique space on a quiet street steps to the Yonge Street stores and Church - Wellesley Village. It has generously proportioned rooms, and an interior glass atrium with a sheltered garden space, three good sized bedrooms and two full baths. There is a cathedral ceiling in the dining room and the living room overlooks both the dining room and the street. This is a very bright south-facing residence. Being part of the Lexington Condominium, the townhouse owners have full access to all of the amenities including a pool, gym, sauna, business room, running track, billiard room, squash court and much more. Monthly Maintenance fees include all utilities. Bring your design ideas as this unit will require updating throughout but has been priced to reflect this. Downtown living with a private garage and two car drive for under $550 per square foot. Builder floorplans are attached and the status certificate is available.
Facts on the listing
| Square feet | 2000-2249 |
|---|---|
| Approximate age | 31-50 |
| Style | Multi-Level |
| Basement | None |
| Parking spaces | 3 |
| Garage | Built-In |
| Heating | Baseboard |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $1,572 |
| Property tax | $4,305 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | South |
| Fee includes | Heat Included, Common Elements Included, Hydro Included, Building Insurance Included, Water Included, Parking Included |
| Building amenities | Gym, Indoor Pool, Party Room/Meeting Room, Sauna, Squash/Racquet Court |
| Balcony | None |
| Laundry | Ensuite |
| Parking | Mutual |
| Interior features | Auto Garage Door Remote, Water Heater Owned |
| Features | Park, Place Of Worship, Public Transit, Rec./Commun.Centre |
| Floor | 1 |
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS® C13854400.
About this condo townhouse
48 Granby Street 6 is a 3 bedroom condo townhouse in TRREB's Church-Yonge Corridor community in Toronto, listed for sale at $1,195,000. The listing shows 3 bathrooms and 2000-2249 square feet. The style is given as multi-level. The unit faces south. It comes with 3 parking spaces and a built-in garage according to the listing. The nearest main intersection given is Church / Carlton. The age is listed as 31-50 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: gym, indoor pool, party room/meeting room, sauna and squash/racquet court.
What it costs to buy 48 Granby Street 6
At the asking price of $1,195,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,195,000 |
|---|---|
| Ontario land transfer tax | $20,375 |
| Toronto municipal land transfer tax | $20,375 |
| Both taxes | $40,750 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $94,500 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $1,572 a month |
|---|---|
| Property tax (2026) | $4,305 a year, about $359 a month |
| Fee and tax together | about $1,931 a month |
The listing says the maintenance fee includes heat, common elements, hydro, building insurance, water and parking. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 120 condo townhouse sales in the City of Toronto in August 2026, at a median price of $661,650 and an average of $712,296. This home is listed at $1,195,000, which is $533,350 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 3 parking spaces. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 48 Granby Street 6
How much is land transfer tax on 48 Granby Street 6?
At the asking price of $1,195,000 the Ontario tax is $20,375 and the Toronto tax is $20,375, $40,750 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 48 Granby Street 6?
$94,500 at the asking price of $1,195,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 48 Granby Street 6?
The listing shows $1,572 a month, including heat, common elements, hydro, building insurance, water and parking. Check the current fee in the status certificate.
How much is the property tax on 48 Granby Street 6?
The listing shows $4,305 a year for 2026, about $359 a month.
Is 48 Granby Street 6 priced above or below the median?
It is listed at $1,195,000. The August 2026 median for condo townhouse sales in the City of Toronto was $661,650 across 120 sales, so the asking price is $533,350 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 48 Granby Street 6?
Use the form on this page or call us. Quote MLS® C13854400. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 48 Granby Street 6 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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