Maintenance Fees
May Tower I Condos vs The Woburn Area
1505 - 1 Lee Centre Dr
$619,9992 bds2 ba2 pk948 sqft
For SaleMay Tower I Condos
5.0
42 Days on Strata
$619,999
Price Increase: $499,999
Price Increase: $499,999
2 Beds
2 Bath
2 Parking
948 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$864/mth
Taxes:
$1,981 (2024)
Cost Per Sqft:
$654/sqft
Outdoor Space:
None
Locker:
Owned
Exposure:
East
Possession Date:
90 days
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
Welcome to Unit 1505, where luxury and breathtaking views meet. This exceptional corner unit offers panoramic, unobstructed vistas through expansive bay windows. With an east-facing orientation, sunlight floods your home each morning, creating a bright and welcoming atmosphere. Spanning close to 1000 square feet, this condo is one of the largest on the floor. The open-concept layout provides ample room for relaxation and entertainment, with a spacious living and dining area that flows seamlessly into the modern kitchen. The master bedroom is a true retreat with large windows, while the additional bedroom offers flexibility for guests or a home office. Both bathrooms are elegantly finished. Residents enjoy top-notch amenities, including a fitness center, swimming pool, and 24-hour concierge service. The location offers easy access to public transportation, shopping, dining, and parks, making it a perfect choice for those seeking a vibrant yet serene living environment. Don't miss the chance to call this stunning corner unit your home and it has an all inclusive maintenance fees. Schedule a viewing today and experience luxury living at its finest. Fridge and Range upgraded in 2024.
singh brothers realty inc.MLS® #E11989254
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
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate, Bay Window
14.76 x 13.12ft
Dining
Combined with Living, Laminate, Bay Window
14.76 x 13.12ft
Kitchen
Granite Counter, Stainless Steel Appliances, Breakfast Bar
10.17 x 7.22ft
Primary
4 Piece Ensuite, Laminate, His/Hers Closets
19.03 x 12.47ft
2nd Bedroom
Built-in Closet, Laminate, Ne View
13.12 x 10.17ft
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
