913-8 Lee Centre Drive, Toronto, ON

Woburn, Toronto · MLS® E13536742

$499,900
For Sale
Listed 9 days ago
2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome To This Sun-Filled, Spacious 2-Bedroom, 2-Bathroom Luxury Condo Offering The Perfect Blend Of Style, Comfort, And Unbeatable Convenience. With Approximately 900 Sq. Ft. Of Thoughtfully Designed Living Space, This Move-In-Ready Suite Features A Bright Open-Concept Layout, Elegant Laminate Flooring, A Spacious Primary Bedroom, And A Modern KitchenComplete With Quartz Countertops. Ideally Located In One Of Scarborough's Most Sought-After Communities, You will Enjoy Being Just Steps To TTC Transit, Within Walking Distance Of Scarborough Town Centre, McCowan RT Station, Restaurants, Shopping, And Everyday Essentials, With Quick AccessTo Highway 401 For Effortless Commuting. Enjoy An Exceptional Lifestyle With An Impressive Collection Of Resort-Inspired Amenities, Including An Indoor Swimming Pool, Sauna, Fully Equipped Fitness Centre, Squash And Badminton Courts, Billiards Room, Guest Suite, Party Room, Library, And Resident Lounge. Whether You Are A First-Time Buyer, Busy Professional, Downsizer, Or Savvy Investor, This Exceptional Condo Offers Outstanding Value, An Unbeatable Location, And The Opportunity To Enjoy Convenient Urban Living At Its Best.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13536742
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
McCowan Rd / Corporate Dr
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,034/mo
Exposure
North West
Property tax
$1,880 / 2026
Days on market
9
Listing brokerage
DAN PLOWMAN TEAM REALTY INC.

Rooms

Dining RoomFlat5.11 × 3.23 m

combined w/living · open concept · laminate

Primary BedroomFlat4.06 × 2.90 m

walk-in closet(s) · 4 pc ensuite · large window

Living RoomFlat5.11 × 3.23 m

combined w/dining · open concept · large window

KitchenFlat2.39 × 2.62 m

stainless steel appl · quartz counter · backsplash

Bedroom 2Flat2.62 × 2.90 m

double closet · large window

Moe’s TakeTeam Asgarian · Broker
In line
$490Kest. value

Listed at $499,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $430K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $490K
  • Adjusts to $490K

That comparable adjusts to $490K; the $490K estimate above is the median of all 17 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Corporate Dr at Lee Centre Dr West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$469KGreat deal$517KOverpriced

Total price vs nearby homes. Fair value about $490K, median of 17 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Woburn · asking prices
$492kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2003-88 Grangeway Avenue$499k1207-88 Grangeway Avenue$490k1512-68 Grangeway Avenue$490kPH302-1 Lee Centere Drive$490k3503-38 Lee Centre Drive$490k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home499k490k490k490k490kThis home vs active comparables
Live market pulseActive comparables in Woburn · median list $499K
$588this home / sqft
45active listings nearby
9days on market

This home lists 1% below the area average of $594/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Getting around

73/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Corporate Dr at Lee Centre Dr West Side, about 34 m away

20+ transit stops5 grocery20+ dining18 parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Banbury-Don Mills
$500K
Willowdale East
$441K
Willowdale West
$770K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 · 2.0 km awayBelow the GTA average · 62% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published

Affordability & Mortgage

Affordability
$2,278/mo
$114KIncome needed
4.4×Price ÷ income
$526Weekly cost
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.

66%mortgage
Mortgage $2,278Property tax $157Condo fee $1,034Total carry $3,469

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$3,325Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$157
Condo / maintenance fees
$1,034
Heating
$0
Estimated monthly cost
$3,325

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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
2.8%Est. cap rate

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.

6.5%
Gross yield
− Property tax $1,880− Condo fees $12,403− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,953

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

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