PH302-1 Lee Centere Drive, Toronto, ON

Woburn, Toronto · MLS® E13440838

$489,900
For Sale
Listed 129 days agoNo offer date statedSitting longer than typical
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Experience luxury living in this stunning penthouse suite perched high above the city in abeautifully maintained building at McCowan & Hwy 401.
  • This bright and spacious two-bathroomunit features an open-concept living area with a stylish breakfast bar, professionally finishedflooring, and floor-to-ceiling...
  • The primary bedroom boasts a private ensuite and a generous walk-in closet,providing both comfort and functionality.
  • Ideally located justminutes from Scarborough Town Centre, top-rated restaurants, and entertainment, with immediateaccess to Highway 401 for effortless commuting.

Experience luxury living in this stunning penthouse suite perched high above the city in abeautifully maintained building at McCowan & Hwy 401. This bright and spacious two-bathroomunit features an open-concept living area with a stylish breakfast bar, professionally finishedflooring, and floor-to-ceiling windows offering breathtaking panoramic views. Thewell-appointed kitchen includes ceramic tile flooring and a convenient breakfast bar, perfectfor casual dining. The primary bedroom boasts a private ensuite and a generous walk-in closet,providing both comfort and functionality. Enjoy resort-style amenities including an indoorpool, state-of-the-art gym, guest suites, and ample visitor parking. Ideally located justminutes from Scarborough Town Centre, top-rated restaurants, and entertainment, with immediateaccess to Highway 401 for effortless commuting. Maintenance fees include: Hydro, Heat, Water,Parking, Locker, Common Elements & Building Insurance-offering exceptional value and peace ofmind. (Virtualy Staged).

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13440838
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Mccowan/ Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$706/mo
Exposure
North
Property tax
$2,006 / 2025
Days on market
129
Listing brokerage
RE/MAX COMMUNITY REALTY INC.

Rooms

Primary BedroomFlat3.81 × 2.90 m

4 pc ensuite · laminate · closet

KitchenFlat2.53 × 2.36 m

breakfast bar · ceramic floor

Bedroom 2Flat3.58 × 2.67 m

closet · laminate

Living RoomFlat5.49 × 2.93 m

combined w/dining · laminate

Dining RoomFlat5.49 × 2.93 m

combined w/living · laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is Bendale Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Woburn, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Bendale Junior Public School
62%
Bendale Junior Public SchoolPublic · Elementary · 2.1 km awayBelow the GTA average · 62% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
White Haven Junior Public School · Public elementary0.7 km · 74% at standard
St Elizabeth Seton Catholic School · Catholic elementary0.9 km
North Bendale Junior Public School · Public elementary1.2 km · 64% at standard
Bellmere Junior Public School · Public elementary1.3 km · 65% at standard
Woburn Collegiate Institute · Public secondary1.4 km · 66% at standard
Woburn Junior Public School · Public elementary1.5 km · 67% at standard
St Thomas More Catholic School · Catholic elementary1.7 km · 74% at standard
C D Farquharson Junior Public School · Public elementary1.7 km · 87% at standard
St Victor Catholic School · Catholic elementary1.7 km · 74% at standard
St Andrews Public School · Public elementary1.8 km · 77% at standard
Burrows Hall Junior Public School · Public elementary1.9 km · 81% at standard
Churchill Heights Public School · Public elementary1.9 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,233/mo
$107KIncome needed
4.6×Price ÷ income
$515Weekly cost
$12,546Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

72%mortgage
Mortgage $2,233Property tax $167Condo fee $706Total carry $3,106

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,167per month

Mortgage amount $391,920 · 4.49% over 25 years

$97,980Down payment (20.0%)
$391,920Loan before insurance
$0CMHC premium
$3,040Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,167
Property tax
$167
Condo / maintenance fees
$706
Heating
$0
Estimated monthly cost
$3,040

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,273
Toronto municipal land transfer tax
$6,273
Estimated closing costs
$12,546

Plus your down payment of $97,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,623/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$258,178Total interest paid
$650,098Total of all payments
Principal $391,920 Interest $258,178
YearPrincipalInterestBalance
1$8,746$17,258$383,174
2$9,143$16,861$374,031
3$9,558$16,446$364,473
4$9,992$16,012$354,481
5$10,446$15,558$344,035
6$10,920$15,084$333,114
7$11,416$14,588$321,698
8$11,934$14,070$309,764
9$12,476$13,528$297,288
10$13,043$12,961$284,245
11$13,635$12,369$270,610
12$14,254$11,750$256,356
13$14,901$11,103$241,455
14$15,578$10,426$225,878
15$16,285$9,719$209,593
16$17,024$8,980$192,568
17$17,797$8,207$174,771
18$18,605$7,398$156,166
19$19,450$6,554$136,715
20$20,333$5,671$116,382
21$21,257$4,747$95,126
22$22,222$3,782$72,904
23$23,231$2,773$49,673
24$24,285$1,719$25,388
25$25,388$616$0

At the end of your 5-year term

Total paid over the term
$130,020
Principal paid down
$47,885
Interest paid
$82,134
Balance remaining
$344,035

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
3.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.6%
Gross yield
− Property tax $2,006− Condo fees $8,473− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,757

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX COMMUNITY REALTY INC.. MLS®/PropTx.

CallRequest a showing