2308-38 Lee Centre Drive, Toronto, ON

Woburn, Toronto · MLS® E13621816

$410,000
For Sale
Listed 81 days agoNo offer date statedSitting longer than typical
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◎ Directions
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Beautiful North Facing 1+1 Condo Unit Conveniently Located At Mccowan/Hwy 401.
  • Short Walk To Scarborough Town Centre/Ymca Centre/Shopping/Restaurants And Minutes To Hwy 401, Direct Bus To Centennial College And Lrt.
  • Excellent Layout, Open Concept, Bright And Spacious.
  • Sizeable Den With Huge Double Closet Can Be Used As 2nd Bedroom.

Beautiful North Facing 1+1 Condo Unit Conveniently Located At Mccowan/Hwy 401. Short Walk To Scarborough Town Centre/Ymca Centre/Shopping/Restaurants And Minutes To Hwy 401, Direct Bus To Centennial College And Lrt. Excellent Layout, Open Concept, Bright And Spacious. Light-Filled Living/Dinning Room And Master Bedroom With Unobstructed Clear South View. Sizeable Den With Huge Double Closet Can Be Used As 2nd Bedroom. Kitchen With Breakfast Bar.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13621816
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Mccowan/Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$667/mo
Exposure
South
Property tax
$1,757 / 2026
Days on market
81
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenFlat3.08 × 2.83 m

breakfast area · backsplash · open concept

DenFlat2.46 × 2.20 m

laminate · double closet

Primary BedroomFlat3.44 × 3.32 m

Laminate

Dining RoomFlat6.12 × 3.08 m

laminate · combined w/living · open concept

Living RoomFlat6.12 × 3.08 m

laminate · combined w/dining · south view

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 elementary0.6 km · 74% at standard
St Elizabeth Seton Catholic School · Catholic elementary0.8 km
North Bendale Junior Public School · Public elementary1.3 km · 64% at standard
Bellmere Junior Public School · Public elementary1.4 km · 65% at standard
Woburn Collegiate Institute · Public secondary1.5 km · 66% at standard
C D Farquharson Junior Public School · Public elementary1.6 km · 87% at standard
Woburn Junior Public School · Public elementary1.6 km · 67% at standard
St Victor Catholic School · Catholic elementary1.7 km · 74% at standard
St Thomas More Catholic School · Catholic elementary1.8 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 elementary2.0 km · 78% at standard

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

Affordability & Mortgage

Affordability
$1,869/mo
$92KIncome needed
4.5×Price ÷ income
$431Weekly cost
$9,350Land 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.

70%mortgage
Mortgage $1,869Property tax $146Condo fee $667Total carry $2,683

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)
$1,814per month

Mortgage amount $328,000 · 4.49% over 25 years

$82,000Down payment (20.0%)
$328,000Loan before insurance
$0CMHC premium
$2,627Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,814
Property tax
$146
Condo / maintenance fees
$667
Heating
$0
Estimated monthly cost
$2,627

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

One-time closing costs

Ontario land transfer tax
$4,675
Toronto municipal land transfer tax
$4,675
Estimated closing costs
$9,350

Plus your down payment of $82,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,195/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

$216,070Total interest paid
$544,070Total of all payments
Principal $328,000 Interest $216,070
YearPrincipalInterestBalance
1$7,320$14,443$320,680
2$7,652$14,111$313,029
3$7,999$13,763$305,029
4$8,363$13,400$296,667
5$8,742$13,021$287,924
6$9,139$12,624$278,785
7$9,554$12,209$269,231
8$9,988$11,775$259,243
9$10,441$11,321$248,802
10$10,915$10,847$237,886
11$11,411$10,352$226,475
12$11,929$9,834$214,546
13$12,471$9,292$202,075
14$13,037$8,726$189,038
15$13,629$8,134$175,409
16$14,248$7,515$161,162
17$14,895$6,868$146,267
18$15,571$6,192$130,696
19$16,278$5,485$114,418
20$17,017$4,746$97,401
21$17,790$3,973$79,611
22$18,597$3,165$61,014
23$19,442$2,321$41,572
24$20,325$1,438$21,247
25$21,247$515$0

At the end of your 5-year term

Total paid over the term
$108,814
Principal paid down
$40,076
Interest paid
$68,739
Balance remaining
$287,924

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$2,050/mo
$24,600Gross annual rent
2.8%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.

6.0%
Gross yield
− Property tax $1,757− Condo fees $8,010− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,527

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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