$419,900

For saleJust listed

#508 38 Lee Centre Drive, Toronto (Woburn) - Single Family for Sale

#508 38 Lee Centre Drive, Toronto (Woburn), Ontario, M1H3J7

2 beds1 bath1 parking650 ft²$694/mo condo feeListed 7 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $419,900, it is attractively priced about 8% below the $454,900 median asking price in Toronto. It has been on the market 7 days, fresher than the Toronto average of 61 days.

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Description

Stylish Ellipse Condo, 9 feet ceilings with panoramic south view, private terrace/garden (feels like a townhouse!). 1 Bedroom + Den, the Den could be used as 2nd Bedroom (with door and double mirrored closet) or home office. Open concept kitchen with brand new granite countertop. Brand new floor throughout. Sliding door walk out to terrace which gives you an additional space for BBQ, outdoor party, planting, gardening or just enjoying the peaceful afternoon with a cup of coffee/tea. This condominium is equipped with gym, indoor pool, sauna, ping pong, meeting room, BBQ area, guest suites & visitor parking. Just moments from Scarborough Town Centre, TTC transit, Highway 401, parks, shopping, dining, and every urban convenience. Enjoy an impressive collection of resort-inspired amenities within one of Scarborough's most established and sought-after condominium communities. Must see, a unit with walk-out terrace is a rare opportunity to you, it won't last long on the market! (id:66096)

Property Details

MLS®: E14126822
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: $694/mo
Fee Includes: Heat, Water
Ownership: Condo/Strata
Property Tax: $1,772.49/yr
Listed: 7 days ago

Rooms

Flat

Living room: 6.12 x 3.08 meters
Bedroom: 3.3 x 2.85 meters
Den: 2.44 x 2.41 meters
Kitchen: 2.11 x 2.06 meters
Bathroom: 2.5 x 1.5 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, Stove, Dryer, Garage door opener remote(s)
Flooring: Vinyl
Exterior: Concrete
Lot Features: Elevator, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Woburn) listings, avg age

61d

Price / ft²

$646

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 7 days, which is 54 days fresher than the city average of 61. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · MACO ZHAO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1H)

This home lists at $419,900, about 5.2× the local median household income of $80,000.

Carrying it typically needs a household income of about $82,021 (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)

$419,900· $646/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,995

Min 5%50%

Mortgage payment$2,212/mo

↳ CMHC premium ($15,956 capitalized)

Property tax (est.)$148/mo

Condo fee$694/mo

Total monthly$3,053

Cash Needed to Close

Down payment (5%)$20,995

Land transfer tax$9,746

Est. closing costs$3,760

Total cash needed$34,501

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