Maintenance Fees
May Tower I Condos vs The Woburn Area
1008 - 1 Lee Centre Dr
$499,0001 bd1 ba1 pk612 sqft
For SaleMay Tower I Condos
5.0
62 Days on Strata
$499,000
1 Bed + 1
1 Bath
1 Parking
612 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$568/mth
Taxes:
$1,566 (2024)
Cost Per Sqft:
$815/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
South
Possession Date:
April 1, 2025
Amenities
Rec Room
Visitor Parking
Party Room
Concierge
Indoor Pool
Indoor Parking
Sauna
Guest Suites
BBQs Allowed
Gym
Tennis Court
Security System
About this Listing
A bright and beautifully-kept unit with spacious bedroom and a huge bedroom-size Den with door and closet.Conveniently located near Scarborough town centre. Close to excellent schools, major shopping, and hwy 401. Enjoy beautiful Evening Sunsets with a beautiful view. Electricity/Heat/ Water are all included in the very affordable maintenance fees. This condo also comes with 1 Parking spot and 1 Locker for your use. Amenities include: 24 HR Concierge, Multipurpose Courts, Gym, Party Room, Indoor Pool & Sauna. TTC at your doorsteps with GO Transit located at STC. University of Toronto-Scarborough Campus & Centennial College are conveniently nearby. Perfect for a small family , investor. **EXTRAS** Upgeade & Extras: Led ceiling light, bathroom shower head, washroom faucet, Kitchen pull down faucet, Microwave hoodAdditional added cabinetBedroom disabled spot lightsNew laminated floorVertical zebra blindsBedroom blackout blinds
ExtrasFridge, Stove, Dishwasher, Washer/Dryer, Electric Light Fixtures, All Window Coverings
forest hill real estate inc.MLS® #E11959519
Fees & Utilities
Maintenance Fees
Included in Fees
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
Gas
Heating
Forced Air
Room dimensions are not available for this listing.
Buyer's Market
Balanced
Seller's Market
Similar Listings
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7/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
8/10
Transit
So frequent, you might accidentally start collecting tickets.
4/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
11,938
Average Individual Income
$63,489
Average Household Size
3 persons
Average Age
41
Average Household Income
$113,834
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
44%
Semi Detached
23%
High Rise Apartment
19%
Duplex
9%
Low Rise Apartment
3%
Marital Status
Commute
Languages (Primary Language)
English
60%
Cantonese
12%
Other
9%
Mandarin
6%
Tamil
6%
Tagalog
3%
Urdu
3%
Gujarati
1%
Education
High School
29%
University and Above
26%
None
19%
College
17%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
27%
Architecture & Engineering
18%
Health & Related Fields
13%
Social Sciences
10%
Math & Computer Sciences
6%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Building Trends At May Tower I Condos
Days on Strata
Units at May Tower I Condos spend an average of
19
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Woburn
Turnover of Units
On average, each unit is owned for
3.1
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
9th
Highest price per SQFT out of 15 condos in the Woburn area
Sold Units
10
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
May Tower I Condos offers the best value out of 15 condos in the Woburn neighbourhood
?
Appreciation Rank
May Tower I Condos has the highest ROI out of 15 condos in the Woburn neighbourhood
?
Rental Yield
May Tower I Condos yields the highest rent prices out of 15 condos in the Woburn neighbourhood
?
High Demand
May Tower I Condos is the most popular building out of 15 condos in the Woburn neighbourhood
?
Market Insights
Transaction Insights at May Tower I Condos
| 1 Bed + Den | 2 Bed | |
|---|---|---|
| Price Range | $489,900 | $479,000 - $590,000 |
| Avg. Cost Per Sqft | $787 | $631 |
| Price Range | $2,250 - $2,500 | $2,350 - $3,000 |
| Avg. Wait for Unit Availability | 74 Days | 29 Days |
| Avg. Wait for Unit Availability | 82 Days | 41 Days |
| Ratio of Units in Building | 33% | 68% |
Market Inventory
Total number of units listed and sold in Woburn
