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    Toronto / Scarborough / Woburn

    703 - 11 Lee Centre Dr

    For SaleMay Tower II Condos
    $529,900
    Price Cut: $549,900
    2 Beds
    1 Bath
    1 Parking
    793 SQFT
    38 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $623/mth
    Taxes:
    $1,731 (2023)
    Cost Per Sqft:
    $668/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North West
    Possession Date:
    November 1, 2024
    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
    18.5 x 11.25ft
    Dining
    Laminate, Combined with Living
    18.5 x 11.25ft
    Kitchen
    Ceramic Floor, Stainless Steel Appliances
    7.97 x 3.61ft

    About this Listing

    It's all about location! Welcome to this light-filled and roomy corner Condo. Large 2 bedroom with 1 complete bathroom. A superb layout. Highway 401, the TTC, Scarborough Town Center, parks, restaurants, the YMCA, and much more are all within walking distance.

    Extras24Hr gate entrance @ 2 storey, High grand marble lobby, Million $ rec ctr w/pool. Appliances: Fridge, Stove, Washer, Dryer, B/I Dishwasher, close to Scarborough Town Center, 401, TTC & GO Train. Building has guest suite.

    keller williams referred urban realtyMLS® #E9398861

    Amenities

    Indoor Pool
    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room

    Explore Neighbourhood

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    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 II Condos vs The Woburn Area

    Building Trends At May Tower II Condos

    Days on Strata

    Units at May Tower II Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    4
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 13 condos in the Woburn area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    27
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 11 Lee Centre Drive

    1 Bed + Den2 Bed
    Price Range$479,000 - $499,999$543,000 - $571,000
    Avg. Cost Per Sqft$768$669
    Avg. Wait for Unit Availability44 Days36 Days
    Ratio of Units in Building42%59%

    Transactions vs Inventory

    Total number of units listed and sold in Woburn