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    for sale
    66 Days on Strata
    Est Sell Timeframe:
    10 Days
    $529,000
    2 Beds
    2 Bath
    2 Parking
    924 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $1,082/mth
    Taxes:
    $2,460 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $573/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South East

    Amenities

    Indoor Pool
    Rec Room
    Gym
    Sauna

    About this Listing

    A One-Of-A-Kind Penthouse Offering A Sweeping 300-Degree View Of Toronto, With The Citys Skyline Fully On Display. Welcome To PH506 At 38 Lee Centre Drive, Where Style Meets Convenience High Above The City. This Unit Includes 2 Prime Parking Spots And 3 Lockers, Conveniently Located Near The Elevator Ideal For Personal Use Or Potential Rental Income. Step Into This Bright And Spacious 2-Bedroom, 2-Bathroom Condo On The Top Floor, Offering Stunning Southwest Exposure With An Abundance Of Natural Light. An Oversized Penthouse Balcony (Over 250sf), Perfect For Enjoying The Beauty Of Summer, Hosting BBQs, And Gathering With Family And Friends. Enjoy Panoramic Sunset Views And On Clear Days, Take In The Beauty Of Lake Ontario. You'll Always Have Front-Row Seats To Fireworks Displays Throughout The Year. A Spacious Open-Concept Kitchen Featuring A Stainless Steel Refrigerator, Dishwasher, And A Central Island With A Breakfast BarPerfect For Gatherings And For Enjoying The View Outside While Preparing Meals. Hardwood Flooring Throughout Offers Both Cleanliness And Easy Maintenance. The Home Includes Two Fully Renovated Four-Piece Bathrooms, With Matte Black Faucets Adding A Touch Of Sophistication. Each Bedroom Comes With An Oversized Walk-In Closet, Providing Ample Storage And Everyday Convenience. Live In A Well-Maintained Building With Exceptional Services, Including 24/7 Security, Concierge, Floor-By-Floor Surveillance And Regular Underground And Window Cleaning. Located Just Minutes From Highway 401, TTC, Scarborough Town Centre, Centennial College, University Of Toronto Scarborough Campus, The YMCA, Child Care Services And Major Grocery Stores, Everything You Need Is At Your Doorstep. Enjoy An Unmatched List Of Amenities: Indoor Pool, Gym, Billiards, Ping Pong, Library, Party Room, BBQ Area, Guest Suites And A Family-Friendly Park With Biking And Walking Trails Right Outside Your Door. Extra: 2 BRAND NEW Washrooms(2025), Freshly Painted.

    Extras2 Parking Spots and 3 Lockers. One Parking has Potential to Install EV Charger.

    smart sold realtyMLS® #E12408280

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    19.06 x 12.34ft
    Combined with Dining, Laminate, Walkout To Balcony
    Dining
    19.06 x 12.34ft
    Combined with Living, Laminate, Walkout To Balcony
    Kitchen
    12.63 x 8.04ft
    Open Concept, Breakfast Area, Walkout To Balcony
    Primary
    12.47 x 10.14ft
    Walk-in Closet, 4 Piece Ensuite, Laminate
    2nd Bedroom
    10.63 x 8.96ft
    Large Closet, Laminate, Large Window

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Woburn

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

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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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    17%
    50 - 64
    23%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    28%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    3%
    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%


    Days on Strata

    Units at Ellipse - East Tower Condos spend an average of
    30
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Woburn

    Turnover of Units

    On average, each unit is owned for
    4.2
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 17 condos in the Woburn area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    49
    Units were Rented over the past twelve months

    Best Value Rank

    Ellipse - East Tower Condos offers the
    ?
    best value out of 17 condos in the Woburn neighbourhood

    Appreciation Rank

    Ellipse - East Tower Condos has the
    ?
    highest ROI out of 17 condos in the Woburn neighbourhood

    Rental Yield

    Ellipse - East Tower Condos yields the
    ?
    highest rent prices out of 17 condos in the Woburn neighbourhood

    High Demand

    Ellipse - East Tower Condos is the
    ?
    most popular building out of 17 condos in the Woburn neighbourhood

    Market Insights

    Transaction Insights at Ellipse - East Tower Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$359,200$404,200 - $455,000$460,000 - $540,000No DataNo Data
    Avg. Cost Per Sqft$763$664$677No DataNo Data
    Avg. Wait for Unit Availability92 Days48 Days29 Days457 Days402 Days
    Ratio of Units in Building14%32%49%3%4%

    Market Inventory

    Total number of units listed and sold in Woburn