1115-8 Lee Centre Drive, Toronto, ON

Woburn, Toronto · MLS® E13821498

$399,900
For Sale
Listed 25 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • Great Investment Opportunity with AAA Tenants.
  • Prime Location, Very Bright Condo Unit with Unobstructed View, In-Suite Laundry, Brand New Stove, Dishwasher with 5 yrs Warranty.
  • 24 hr Concierge with Indoor Pool, Gym, Badminton/Squash Room, Party Room and lots more...
  • Just off Hwy 401, Close to Shopping, Go Train, TTC, Schools, Colleges.

Great Investment Opportunity with AAA Tenants!!! Immediate ROI with no Downtime. Prime Location, Very Bright Condo Unit with Unobstructed View, In-Suite Laundry, Brand New Stove, Dishwasher with 5 yrs Warranty. Newer Fridge, Washer Countertop, Sink. All Utilities included in Maintenance Fee. 24 hr Concierge with Indoor Pool, Gym, Badminton/Squash Room, Party Room and lots more... Includes Parking and Locker. Just off Hwy 401, Close to Shopping, Go Train, TTC, Schools, Colleges.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13821498
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
McCowan Rd/Progress Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$648/mo
Exposure
North
Property tax
$1,433 / 2026
Days on market
25
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

LaundryMain1.05 × 1.05 m

Combined w/Kitchen

Living RoomMain4.43 × 3.10 m

large window · combined w/dining

KitchenMain2.45 × 2.35 m

b/i dishwasher · combined w/kitchen · modern kitchen

Primary BedroomMain3.65 × 2.80 m

large closet · large window · laminate

BathroomMain2.00 × 1.50 m

4 Pc Bath

Dining RoomMain4.43 × 3.10 m

large window · 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
$543K
North St. James Town
$649K
Annex
$1.03M
Moss Park
$549K
Church-Yonge Corridor
$876K

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 elementary0.7 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
Woburn Collegiate Institute · Public secondary1.6 km · 66% at standard
St Victor Catholic School · Catholic elementary1.6 km · 74% at standard
Woburn Junior Public School · Public elementary1.7 km · 67% at standard
St Andrews Public School · Public elementary1.7 km · 77% at standard
St Thomas More Catholic School · Catholic elementary1.8 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
$1,823/mo
$89KIncome needed
4.5×Price ÷ income
$421Weekly cost
$8,947Land 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 $1,823Property tax $119Condo fee $648Total carry $2,590

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,769per month

Mortgage amount $319,920 · 4.49% over 25 years

$79,980Down payment (20.0%)
$319,920Loan before insurance
$0CMHC premium
$2,536Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,769
Property tax
$119
Condo / maintenance fees
$648
Heating
$0
Estimated monthly cost
$2,536

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

One-time closing costs

Ontario land transfer tax
$4,474
Toronto municipal land transfer tax
$4,474
Estimated closing costs
$8,947

Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,141/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

$210,748Total interest paid
$530,668Total of all payments
Principal $319,920 Interest $210,748
YearPrincipalInterestBalance
1$7,139$14,087$312,781
2$7,463$13,763$305,317
3$7,802$13,424$297,515
4$8,157$13,070$289,359
5$8,527$12,700$280,832
6$8,914$12,313$271,918
7$9,319$11,908$262,599
8$9,742$11,485$252,857
9$10,184$11,043$242,673
10$10,647$10,580$232,026
11$11,130$10,097$220,896
12$11,635$9,591$209,261
13$12,164$9,063$197,097
14$12,716$8,511$184,381
15$13,293$7,933$171,088
16$13,897$7,330$157,191
17$14,528$6,699$142,664
18$15,187$6,039$127,476
19$15,877$5,350$111,599
20$16,598$4,629$95,001
21$17,351$3,875$77,650
22$18,139$3,087$59,511
23$18,963$2,264$40,548
24$19,824$1,403$20,724
25$20,724$503$0

At the end of your 5-year term

Total paid over the term
$106,134
Principal paid down
$39,088
Interest paid
$67,045
Balance remaining
$280,832

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$1,700/mo
$20,400Gross annual rent
2.1%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.

5.1%
Gross yield
− Property tax $1,433− Condo fees $7,774− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,349

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

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