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    Toronto / Scarborough / Woburn

    1505 - 1 Lee Centre Dr

    For SaleMay Tower I Condos
    $499,999
    2 Beds
    2 Bath
    2 Parking
    948 SQFT
    6 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $864/mth
    Taxes:
    $1,981 (2024)
    Cost Per Sqft:
    $527/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    90 days
    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
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Laminate, Bay Window
    14.76 x 13.12ft
    Dining
    Combined with Living, Laminate, Bay Window
    14.76 x 13.12ft
    Kitchen
    Granite Counter, Stainless Steel Appliances, Breakfast Bar
    10.17 x 7.22ft

    About this Listing

    Welcome to Unit 1505, where luxury and breathtaking views meet. This exceptional corner unit offers panoramic, unobstructed vistas through expansive bay windows. With an east-facing orientation, sunlight floods your home each morning, creating a bright and welcoming atmosphere. Spanning close to 1000 square feet, this condo is one of the largest on the floor. The open-concept layout provides ample room for relaxation and entertainment, with a spacious living and dining area that flows seamlessly into the modern kitchen. The master bedroom is a true retreat with large windows, while the additional bedroom offers flexibility for guests or a home office. Both bathrooms are elegantly finished. Residents enjoy top-notch amenities, including a fitness center, swimming pool, and 24-hour concierge service. The location offers easy access to public transportation, shopping, dining, and parks, making it a perfect choice for those seeking a vibrant yet serene living environment. Don't miss the chance to call this stunning corner unit your home and it has an all inclusive maintenance fees. Schedule a viewing today and experience luxury living at its finest. Fridge and Range upgraded in 2024.

    singh brothers realty inc.MLS® #E11989254

    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