1113-18 Lee Centre Drive, Toronto, ON

Woburn, Toronto · MLS® E13634540

$368,500
For Sale
Listed 76 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this bright and spacious corner suite featuring 1 bedroom plus a fully enclosed den, perfect as a second bedroom, home office, or nursery.
  • The thoughtfully designed open-concept layout is complemented by expansive windows that flood the space with natural light while showcasing spectacular unobstructed...
  • Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge service, an indoor swimming pool, fitness centre, sauna, party room...
  • Ideally located in the heart of Scarborough, you'll enjoy TTC transit right at your doorstep, quick access to Highway 401, and easy access to Scarborough Town Centre...

Welcome to this bright and spacious corner suite featuring 1 bedroom plus a fully enclosed den, perfect as a second bedroom, home office, or nursery. The thoughtfully designed open-concept layout is complemented by expansive windows that flood the space with natural light while showcasing spectacular unobstructed views.This well-maintained unit includes one underground parking space and one storage locker for added convenience. Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge service, an indoor swimming pool, fitness centre, sauna, party room, billiards room, squash and badminton courts, table tennis, and guest suites.Ideally located in the heart of Scarborough, you'll enjoy TTC transit right at your doorstep, quick access to Highway 401, and easy access to Scarborough Town Centre, parks, the YMCA, library, restaurants,shopping, the University of Toronto Scarborough campus, Centennial College, and other everyday conveniences.Maintenance fees offer exceptional value by including heat, hydro, water, air conditioning, one underground parking space, and one locker. An outstanding opportunity for first-time buyers, downsizers,families, or investors seeking a move-in-ready home in a highly desirable location.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13634540
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
McCowan Rd and Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$661/mo
Exposure
North
Property tax
$1,600 / 2025
Days on market
76
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomFlat5.00 × 3.20 m

combined w/living · laminate

DenFlat2.80 × 2.38 m

large closet · laminate

Living RoomFlat5.00 × 3.20 m

combined w/dining · laminate

KitchenFlat2.44 × 2.13 m

double sink · b/i dishwasher · ceramic floor

Primary BedroomFlat3.63 × 2.80 m

large window · laminate · large closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$359Klikely sale price

Listed at $368,500. Going by how homes in Woburn and the wider GTA have actually closed against their asking prices (about 97%, 29 local closings in 90 days), the likely sale price is near $359K, if it sells. A realistic range is $338K to $388K.

Independent value check: $352K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $327K and $370K).

Why $352K. The typical condo sold in Woburn over the past year went for about $457K (133 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $1,600 a year; the typical home sold here pays about $2,100.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 800 to 899.

Longer on the market than typical. 76 days on the market against about 42 for homes like it here, and asking 5% above where comparable closings put it.

List price
$338KBelow recent closings$388KAbove recent closings

Total price vs nearby homes. Likely closing about $359K, from 29 recent closings in this pocket.

The market behind the math:

29sold nearby · 90 days
$480Kmedian sold price
97%of asking, on average
−5%prices vs a year ago
~35 dayshomes like this take to sell
76days on market so far
$2,125/moest. rent · 12 leases
6.9%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.3 months of inventory: 32 condo apartment homes for sale in the area against 29 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $567/sqft against an area asking average of $622/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 29 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $367K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 10 homes sold in this building over the past two years, from 274 closings in Woburn.

Sold price trend

Median sold price for condos in Woburn: $447K in September 2026, down 2% from a year ago, on 132 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$475K18
November 2025$463K12
December 2025$510K7
January 2026$511K10
February 2026$477K8
March 2026$423K16
April 2026$445K9
May 2026$428K10
June 2026$450K17
July 2026$473K6
August 2026$490K11
September 2026$447K8

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 · 2.0 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 elementary0.8 km · 74% at standard
St Elizabeth Seton Catholic School · Catholic elementary0.9 km
North Bendale Junior Public School · Public elementary1.1 km · 64% at standard
Bellmere Junior Public School · Public elementary1.4 km · 65% at standard
C D Farquharson Junior Public School · Public elementary1.5 km · 87% at standard
St Victor Catholic School · Catholic elementary1.6 km · 74% at standard
Woburn Collegiate Institute · Public secondary1.6 km · 66% at standard
St Andrews Public School · Public elementary1.6 km · 77% at standard
Woburn Junior Public School · Public elementary1.7 km · 67% at standard
St Thomas More Catholic School · Catholic elementary1.9 km · 74% at standard
Burrows Hall Junior Public School · Public elementary2.0 km · 81% at standard
Churchill Heights Public School · Public elementary2.1 km · 78% at standard

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

Affordability & Mortgage

Affordability
$1,680/mo
$84KIncome needed
4.4×Price ÷ income
$388Weekly cost
$8,005Land 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.

68%mortgage
Mortgage $1,680Property tax $133Condo fee $661Total carry $2,473

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)
$1,630per month

Mortgage amount $294,800 · 4.49% over 25 years

$73,700Down payment (20.0%)
$294,800Loan before insurance
$0CMHC premium
$2,424Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,630
Property tax
$133
Condo / maintenance fees
$661
Heating
$0
Estimated monthly cost
$2,424

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

One-time closing costs

Ontario land transfer tax
$4,003
Toronto municipal land transfer tax
$4,003
Estimated closing costs
$8,005

Plus your down payment of $73,700. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,973/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

$194,200Total interest paid
$489,000Total of all payments
Principal $294,800 Interest $194,200
YearPrincipalInterestBalance
1$6,579$12,981$288,221
2$6,877$12,683$281,344
3$7,190$12,370$274,154
4$7,516$12,044$266,638
5$7,857$11,703$258,781
6$8,214$11,346$250,567
7$8,587$10,973$241,980
8$8,977$10,583$233,003
9$9,385$10,175$223,618
10$9,811$9,749$213,808
11$10,256$9,304$203,552
12$10,722$8,838$192,830
13$11,209$8,351$181,621
14$11,717$7,843$169,904
15$12,249$7,311$157,654
16$12,806$6,754$144,849
17$13,387$6,173$131,462
18$13,995$5,565$117,467
19$14,630$4,930$102,837
20$15,295$4,265$87,542
21$15,989$3,571$71,553
22$16,715$2,845$54,838
23$17,474$2,086$37,364
24$18,267$1,293$19,097
25$19,097$463$0

At the end of your 5-year term

Total paid over the term
$97,800
Principal paid down
$36,019
Interest paid
$61,781
Balance remaining
$258,781

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
From 12 whole-home leases in Woburn$2,125/mo
$25,500Gross annual rent
3.4%Cap rate after taxes and upkeep
$2,019 to $2,231Typical rent range
~28 daysTo find a tenant, on average

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

Talk about the numbers

The last 12 whole-home leases in Woburn signed at a median of $2,148 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,125. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.9%
Gross yield
− Property tax $1,600− Condo fees $7,928− Insurance $600− Vacancy & upkeep $2,805Net operating income $12,567

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

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