$420,000

For sale

#1111 18 Lee Centre Drive, Toronto (Woburn) - Single Family for Sale

#1111 18 Lee Centre Drive, Toronto (Woburn), Ontario, M1H3H5

2 beds2 baths1 parking850 ft²$915/mo condo feeListed 30 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $420,000, it is attractively priced about 8% below the $454,900 median asking price in Toronto. It has been on the market 30 days, fresher than the Toronto average of 61 days.

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Description

Welcome to this Luxury Unit In The Heart Of Scarborough. Well Maintained Building With 24 Hours Concierge. Newly fresh new paint throughout , Bright and spacious layout with two good sized bedrooms with big windows west view. 2 Full Baths, Kitchen Equipped With Quartz Counter, Bright Living Room . Maintenance fee Includes all Utilities! including 24-hour concierge service, an indoor swimming pool, fitness centre, sauna, party room, billiards room, squash and badminton courts, table tennis, and guest suites.located in the heart of Scarborough,TTC transit right at your doorstep, quick access to Highway 401, and easy access to Scarborough Town Centre, parks, the YMCA, library, restaurant, shopping, the University of Toronto Scarborough campus, Centennial College, Do Not Miss This Unit! Perfect For First-Time Buyers or Investors. (id:66096)

Property Details

MLS®: E13862876
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $915/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,832.44/yr

Rooms

Flat

Living room: 6.38 x 3.4 meters
Dining room: 6.38 x 3.4 meters
Kitchen: 3.4 x 3.3 meters
Primary Bedroom: 4.2 x 3.3 meters
Bedroom 2: 2.64 x 2.52 meters
Laundry room: 1.4 x 1 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, Range, Dryer, Hood Fan, Window Coverings
Flooring: Laminate, Ceramic
Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free, In-Law Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Woburn) listings, avg age

61d

Price / ft²

$494

List price

$420K

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 30 days, which is 31 days fresher than the city average of 61. Act while there is still low competition.

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Listed by EXPRESS REALTY INC. · HONG XIE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $420,000, about 5.3× the local median household income of $80,000.

Carrying it typically needs a household income of about $82,041 (20% down, 25-yr amortization, stress-tested) — roughly 3% 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)

$420,000· $494/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,000

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,960 capitalized)

Property tax (est.)$153/mo

Condo fee$915/mo

Total monthly$3,280

Cash Needed to Close

Down payment (5%)$21,000

Land transfer tax$9,750

Est. closing costs$3,760

Total cash needed$34,510

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