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Price Change$445,500

1502 - 38 Lee Centre Drive

Woburn, Toronto

$395,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Lovely Ellipse Tower 2 Condo! Experience urban convenience and modern comfort in this absolutely gorgeous, well-maintained 1 Bedroom + Den suite. Boasting a functional layout flooded with natural light and laminate flooring throughout, a sleek quartz kitchen countertop & backsplash. The versatile den is a true bonus, spacious enough to serve as a functional second bedroom or a quiet home office. Enjoy your morning coffee against the backdrop of a beautiful, unobstructed clear view that offers total privacy and a sense of space. ALSO INCLUDED ARE UNIT 100, LEVEL B, UNIT 144, LEVEL B, TORONTO STANDARD CONDOMINIUM PLAN NO. 1650

Extras

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BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$680
LockerOwned
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,982
mls© NumberE13436410
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$2,022
Property tax
$165
Heat allowance
$150
Condo fees, half counted
$340
Housing costs
$2,677 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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