$414,900

For sale

#1016 8 Lee Centre Drive North, Toronto (Woburn) - Single Family for Sale

#1016 8 Lee Centre Drive North, Toronto (Woburn), Ontario, M1H3H8

2 beds1 bath1 parking650 ft²$760/mo condo feeListed 105 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $414,900, it is attractively priced about 11% below the $464,000 median asking price in Toronto.

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Description

Welcome to 8 Lee Centre Drive, where comfort convenience, and exceptional value come together. This bright and spacious 1 + Den condo features a functional open-concept layout with large windows that fill the home with natural light and showcase beautiful unobstructed north-facing city views. The generous living spaces and practical floor plan make it an excellent choice for first-time buyers, professionals, downsizers, or investors. Enjoy worry-free living with all-inclusive maintenance fees covering hydro, water, heating, and central air conditioning. Residents also have access to outstanding amenities, including a 24-hour concierge, indoor pool, fitness center, party room, and visitor parking. Ideally located just steps to TTC transit and minutes from Highway 401, Scarborough Town Centre, GO Transit, YMCA, parks, shopping, restaurants, the University of Toronto Scarborough Campus, and Centennial College. A fantastic opportunity to own a bright, well-maintained condo in one of Scarborough's most convenient and connected communities. (id:66096)

Property Details

MLS®: E13599474
Property Type: Single Family
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: Garage, Underground
Pool: Yes
Condo Fee: $760/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,549.97/yr
Listed: 105 days ago

Rooms

Main level

Living room: 4.12 x 3.05 meters
Dining room: 4.12 x 3.05 meters
Kitchen: 2.45 x 2.16 meters
Primary Bedroom: 3.96 x 3.05 meters
Den: 3.05 x 2.74 meters
Bathroom

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Window Coverings
Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

105d

Toronto (Woburn) listings, avg age

62d

Price / ft²

$639

List price

$415K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by EXP REALTY · ARLENE MARQUES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $414,900, about 5.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $81,044 (20% down, 25-yr amortization, stress-tested) — roughly 1% above 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)

$414,900· $639/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,745

Min 5%50%

Mortgage payment$2,185/mo

↳ CMHC premium ($15,766 capitalized)

Property tax (est.)$129/mo

Condo fee$760/mo

Total monthly$3,074

Cash Needed to Close

Down payment (5%)$20,745

Land transfer tax$9,546

Est. closing costs$3,745

Total cash needed$34,036

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