$399,000

For sale

#1002 36 Lee Centre Drive, Toronto (Woburn) - Single Family for Sale

#1002 36 Lee Centre Drive, Toronto (Woburn), Ontario, M1H3K2

2 beds1 bath1 parking650 ft²$568/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,000, it is attractively priced about 12% below the $454,900 median asking price in Toronto. It has been on the market 36 days, fresher than the Toronto average of 61 days.

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Description

Welcome To This Bright And Spacious 2-Bedroom Condo In The Heart Of Scarborough! This Well-Maintained Unit Offers A Functional Open-Concept Layout With Large Windows That Flood The Space With Natural Light. The Generous Living And Dining Areas Provide The Perfect Setting For Everyday Living And Entertaining, While The Modern Kitchen Features A Convenient Breakfast Bar And Ample Storage. The Spacious Primary Bedroom Offers A Large Closet And Plenty Of Natural Light, Creating A Comfortable And Inviting Retreat. Enjoy The Added Convenience Of Ensuite Laundry And One Underground Parking Space. Residents Can Take Advantage Of Exceptional Building Amenities, Including A 24-Hour Concierge, Indoor Swimming Pool, Fitness Centre, Party Room, Guest Suites, And Visitor Parking. Ideally Situated Just Steps From Scarborough Town Centre, TTC, Parks, Schools, Restaurants, Shopping, And Everyday Conveniences, With Quick Access To Highway 401 For An Easy Commute. Whether You're A First-Time Buyer, Downsizer, Or Investor, This Condo Offers An Excellent Opportunity To Enjoy Comfortable Living In A Convenient And Well-Connected Location! (id:66096)

Property Details

MLS®: E13840030
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $568/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,818.53/yr
Listed: 36 days ago

Rooms

Ground level

Living room: 5.03 x 3.11 meters
Dining room: 5.03 x 3.11 meters
Kitchen: 2.66 x 2.11 meters
Primary Bedroom: 3.25 x 2.85 meters
Bedroom 2: 2.66 x 2.55 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring: Laminate, Marble
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Woburn) listings, avg age

61d

Price / ft²

$614

List price

$399K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Woburn) has been listed for 36 days, which is 25 days fresher than the city average of 61. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · KENNETH SYLVESTER TOPPIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $399,000, about 5.0× the local median household income of $80,000.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $80,000
Population: 23,964
Median age: 38.4
Owner / renter: 62% / 38%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M1H)

$399,000· $614/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$152/mo

Condo fee$568/mo

Total monthly$2,821

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$8,920

Est. closing costs$3,697

Total cash needed$32,567

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