707-88 Corporate Drive, Toronto, ON

Woburn, Toronto · MLS® E13758882

$510,195
For Sale
Listed 40 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Location, lifestyle, and value-all in one.
  • This rarely available 2+1 suite condo offers a clean, move-in-ready space with fresh paint and modern laminate flooring throughout.
  • Enjoy unbeatable convenience with direct access to Highway 401 and a Toronto Transit Commission stop right at your doorstep.
  • Residents enjoy top-tier amenities with 24-hour security, offering both comfort and peace of mind.

Location, lifestyle, and value-all in one!This rarely available 2+1 suite condo offers a clean, move-in-ready space with fresh paint and modern laminate flooring throughout. The spacious solarium easily converts into a third bedroom, making it perfect for families, professionals, or investors.Enjoy unbeatable convenience with direct access to Highway 401 and a Toronto Transit Commission stop right at your doorstep. You're just steps from Scarborough Town Centre, the LRT and subway, plus everyday essentials like FreshCo, YMCA, and Shoppers Drug Mart.Minutes away from University of Toronto Scarborough and Centennial College-ideal for students and renters alike.Residents enjoy top-tier amenities with 24-hour security, offering both comfort and peace of mind.A rare opportunity in a prime location-don't miss it!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13758882
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Mccowan / Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$983/mo
Exposure
West
Property tax
$2,217 / 2025
Days on market
40
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

SolariumMain2.80 × 2.60 m

Laminate

Family RoomMain5.00 × 3.20 m

Laminate

KitchenMain2.95 × 2.40 m

ceramic floor · stainless steel appl · overlooks dining

Primary BedroomMain4.80 × 3.30 m

laminate · 4 pc bath · closet

Bedroom 2Main3.30 × 3.20 m

laminate · closet

Dining RoomMain3.30 × 2.60 m

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 · 2.0 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 elementary1.0 km
North Bendale Junior Public School · Public elementary1.1 km · 64% at standard
C D Farquharson Junior Public School · Public elementary1.4 km · 87% at standard
St Victor Catholic School · Catholic elementary1.5 km · 74% at standard
Bellmere Junior Public School · Public elementary1.5 km · 65% at standard
St Andrews Public School · Public elementary1.6 km · 77% at standard
Woburn Collegiate Institute · Public secondary1.7 km · 66% at standard
Woburn Junior Public School · Public elementary1.8 km · 67% at standard
St Thomas More Catholic School · Catholic elementary2.0 km · 74% at standard
St Bartholomew Catholic School · Catholic elementary2.0 km
Edgewood Public School · Public elementary2.0 km · 36% at standard

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

Affordability & Mortgage

Affordability
$2,325/mo
$116KIncome needed
4.4×Price ÷ income
$537Weekly cost
$13,358Land 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.

67%mortgage
Mortgage $2,325Property tax $185Condo fee $983Total carry $3,493

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)
$2,257per month

Mortgage amount $408,156 · 4.49% over 25 years

$102,039Down payment (20.0%)
$408,156Loan before insurance
$0CMHC premium
$3,425Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,257
Property tax
$185
Condo / maintenance fees
$983
Heating
$0
Estimated monthly cost
$3,425

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

One-time closing costs

Ontario land transfer tax
$6,679
Toronto municipal land transfer tax
$6,679
Estimated closing costs
$13,358

Plus your down payment of $102,039. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,731/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

$268,873Total interest paid
$677,029Total of all payments
Principal $408,156 Interest $268,873
YearPrincipalInterestBalance
1$9,108$17,973$399,048
2$9,522$17,559$389,526
3$9,954$17,127$379,572
4$10,406$16,675$369,166
5$10,879$16,203$358,287
6$11,373$15,709$346,914
7$11,889$15,192$335,025
8$12,429$14,652$322,597
9$12,993$14,088$309,604
10$13,583$13,498$296,021
11$14,200$12,881$281,821
12$14,844$12,237$266,977
13$15,518$11,563$251,458
14$16,223$10,858$235,235
15$16,960$10,122$218,275
16$17,730$9,352$200,546
17$18,535$8,547$182,011
18$19,376$7,705$162,635
19$20,256$6,825$142,379
20$21,176$5,906$121,203
21$22,137$4,944$99,066
22$23,142$3,939$75,924
23$24,193$2,888$51,731
24$25,291$1,790$26,440
25$26,440$641$0

At the end of your 5-year term

Total paid over the term
$135,406
Principal paid down
$49,869
Interest paid
$85,537
Balance remaining
$358,287

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$3,400/mo
$40,800Gross annual rent
4.3%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.

8.0%
Gross yield
− Property tax $2,217− Condo fees $11,796− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,699

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

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