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    Toronto / Scarborough / Woburn

    1008 - 1 Lee Centre Dr

    For SaleMay Tower I Condos
    $499,000
    1 Bed + 1
    1 Bath
    1 Parking
    612 SQFT
    26 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $568/mth
    Taxes:
    $1,566 (2024)
    Cost Per Sqft:
    $815/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South
    Possession Date:
    April 1, 2025
    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

    Room dimensions are not available for this listing.

    About this Listing

    A bright and beautifully-kept unit with spacious bedroom and a huge bedroom-size Den with door and closet.Conveniently located near Scarborough town centre. Close to excellent schools, major shopping, and hwy 401. Enjoy beautiful Evening Sunsets with a beautiful view. Electricity/Heat/ Water are all included in the very affordable maintenance fees. This condo also comes with 1 Parking spot and 1 Locker for your use. Amenities include: 24 HR Concierge, Multipurpose Courts, Gym, Party Room, Indoor Pool & Sauna. TTC at your doorsteps with GO Transit located at STC. University of Toronto-Scarborough Campus & Centennial College are conveniently nearby. Perfect for a small family , investor. **EXTRAS** Upgeade & Extras: Led ceiling light, bathroom shower head, washroom faucet, Kitchen pull down faucet, Microwave hoodAdditional added cabinetBedroom disabled spot lightsNew laminated floorVertical zebra blindsBedroom blackout blinds

    forest hill real estate inc.MLS® #E11959519

    Amenities

    Indoor Parking
    Visitor Parking
    Rec Room
    Gym Room
    Tennis Court
    Concierge

    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
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the 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

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 15 condos in the Woburn area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    May Tower I Condos offers the
    ?
    best value out of 15 condos in the Woburn neighbourhood

    Appreciation Rank

    May Tower I Condos has the
    ?
    highest ROI out of 15 condos in the Woburn neighbourhood

    Rental Yield

    May Tower I Condos yields the
    ?
    highest rent prices out of 15 condos in the Woburn neighbourhood

    High Demand

    May Tower I Condos is the
    ?
    most popular building out of 15 condos in the Woburn neighbourhood

    Transaction Insights at 1 Lee Centre Drive

    1 Bed + Den2 Bed
    Price Range$489,900$495,000 - $590,000
    Avg. Cost Per Sqft$787$637
    Avg. Wait for Unit Availability74 Days29 Days
    Ratio of Units in Building33%68%

    Transactions vs Inventory

    Total number of units listed and sold in Woburn