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    Toronto / Scarborough / Woburn

    313 - 1 Lee Centre Dr

    For SaleMay Tower I Condos
    $520,000
    1 Bed + 1
    1 Bath
    2 Parking
    646 SQFT
    78 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $609/mth
    Taxes:
    $1,559 (2024)
    Cost Per Sqft:
    $805/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    60 days/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, North View
    15.68 x 11.02ft
    Dining
    Laminate, Combined with Living, Breakfast Bar
    15.68 x 11.02ft
    Kitchen
    Ceramic Floor, Ceramic Back Splash, Double Sink
    10.86 x 10.63ft

    About this Listing

    Welcome to May Tower condos located in one of Scarborough's most popular neighbourhoods! TWO parking spaces! Exceptionally spacious one bedroom plus den unit, where the den can be used as a separate room! Den has an air vent, a door, a large mirrored closet, and can easily fit a queen size bed if needed! Features laminate floors throughout, double mirrored closets, large living & Dining rooms, open courtyard views. Being on the 3rd floor means you don't need to rely on the elevators to get home. Children's playground & splash pad right next door! Within walking distance and a short drive, enjoy all that the Scarborough Town Centre has to offer, which includes Walmart, IKEA, YMCA, Best Buy, Mccowan subway station, GO Transit terminal, movie theatre, shopping, banks, tons of restaurants, & much more! Need to go further? Hop on highway 401 in less than 5 minutes! Don't miss!

    ExtrasCondo fee includes all utilities (water, hydro, heating, air conditioning). Existing AAA tenant willing to stay, currently pays $2665 per month. If vacant possession is needed, please allow 60 days for closing, or to be negotiated.

    century 21 atria realty inc.MLS® #E9263145

    Amenities

    Concierge
    Party Room
    Tennis Court
    Rec Room
    Security System
    Sauna

    Explore Neighbourhood

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    4/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,938
    Average Individual Income
    $63,489
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $113,834
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    17%
    50 - 64
    23%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    28%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    23%
    High Rise Apartment
    19%
    Duplex
    9%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    60%
    Cantonese
    12%
    Other
    9%
    Mandarin
    6%
    Tamil
    6%
    Tagalog
    3%
    Urdu
    3%
    Gujarati
    1%
    Education
    High School
    29%
    University and Above
    26%
    None
    19%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    May Tower I Condos vs The Woburn Area

    Building Trends At May Tower I Condos

    Days on Strata

    Units at May Tower I Condos spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Woburn

    Turnover of Units

    On average, each unit is owned for
    3.1
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 13 condos in the Woburn area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    May Tower I Condos offers the
    ?
    best value out of 13 condos in the Woburn neighbourhood

    Appreciation Rank

    May Tower I Condos has the
    ?
    highest ROI out of 13 condos in the Woburn neighbourhood

    Rental Yield

    May Tower I Condos yields the
    ?
    highest rent prices out of 13 condos in the Woburn neighbourhood

    High Demand

    May Tower I Condos is the
    ?
    most popular building out of 13 condos in the Woburn neighbourhood

    Transaction Insights at 1 Lee Centre Drive

    1 Bed + Den2 Bed
    Price RangeNo Data$535,000 - $635,000
    Avg. Cost Per SqftNo Data$627
    Avg. Wait for Unit Availability58 Days29 Days
    Ratio of Units in Building33%68%

    Transactions vs Inventory

    Total number of units listed and sold in Woburn