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Listed 12 days ago

1016 - 8 Lee Centre Drive N

Woburn, Toronto

$424,900

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to 8 Lee Centre Drive, where comfort convenience, and exceptional value come together. This bright and spacious 1 + Den condo features a functional open-concept layout with large windows that fill the home with natural light and showcase beautiful unobstructed north-facing city views. The generous living spaces and practical floor plan make it an excellent choice for first-time buyers, professionals, downsizers, or investors. Enjoy worry-free living with all-inclusive maintenance fees covering hydro, water, heating, and central air conditioning. Residents also have access to outstanding amenities, including a 24-hour concierge, indoor pool, fitness center, party room, and visitor parking. Ideally located just steps to TTC transit and minutes from Highway 401, Scarborough Town Centre, GO Transit, YMCA, parks, shopping, restaurants, the University of Toronto Scarborough Campus, and Centennial College. A fantastic opportunity to own a bright, well-maintained condo in one of Scarborough's most convenient and connected communities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$736
LockerOwned
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,550
mls© NumberE13599474
Listed ByEXP REALTY
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,175
Property tax
$129
Heat allowance
$150
Condo fees, half counted
$368
Housing costs
$2,822 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $84,980
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,788 / mo
Cash down
$84,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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