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New3 days ago

1612 - 38 Lee Centre Drive

Woburn, Toronto

$449,000

Condo Apartment |
2 | 1 | 1 | 0
About this home

This beautiful 2-bedroom corner unit in the heart of Scarborough features unobstructed views and a well-designed layout offering both comfort and functionality. The modern kitchen is equipped with stainless steel appliances, quartz countertops, marble bathroom tiles, and custom wood cabinetry, while the unit has been freshly painted and updated. Both bedrooms are generously sized and provide comfortable living space. Enjoy the convenience of ensuite laundry, as well as a parking space conveniently located directly beside the elevator! This unit includes a locker for added storage. Conveniently located just minutes from shopping, dining, schools, parks, and major transit routes, this home offers an ideal blend of everyday comfort and excellent rental appeal. Whether you're a first-time buyer or downsizer looking to settle in or an investor seeking a property in a high-demand area, this opportunity delivers outstanding value.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size700-799 sq. ft.
Maintenance Fees$750
LockerNone
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,923
mls© NumberE13629750
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax
$160
Heat allowance
$150
Condo fees, half counted
$375
Housing costs
$2,983 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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