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    Ph501 - 38 Lee Centre Dr

    For SaleEllipse - East Tower Condos
    $698,000
    2 Beds
    2 Bath
    2 Parking
    1,000 SQFT
    2 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $976/mth
    Taxes:
    $2,412 (2024)
    Cost Per Sqft:
    $698/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    30-60 days TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Modern Kitchen, Breakfast Bar, Pot Lights
    10.17 x 19.88ft
    Living
    Laminate, Combined with Living, Open Concept
    10.79 x 19.88ft
    Dining
    Laminate, Modern Kitchen, Open Concept
    10.79 x 19.88ft

    About this Listing

    Experience unparalleled luxury in this rarely available pristine 2-bedroom, 2-bathroom Penthouse suite. Approx 1,000 sq ft of sophisticated living space. With its thoughtfully designed layout, high-end finishes and unobstructed north-facing panoramic views, this suite perfectly balances comfort, style, and functionality. Spectacular recently renovated wall-to-wall kitchen features sleek white quartz countertops with seamless matching backsplash, elegant two-tone cabinetry with ample storage and soft close doors, waterfall breakfast bar with seating, ideal for entertaining. Enjoy working from home with the custom-built computer nook beside stunning window views. High-end stainless steel appliances, touchless faucet and gold accents are an only a few details. Massive open concept living area with modern plank flooring, 9-ft smooth ceilings, pot lights and gallery windows flood the open space with natural light. 2 well appointed bedrooms. Primary bedroom features a luxurious retreat with space for a king-sized bed, walk-in closet & a spa-like ensuite. Second bedroom is versatile and spacious, perfect for a guest room, office or nursery. Both bathrooms exude modern elegance with high-end fixtures & finishes. Stacked ensuite washer/dryer for convenience. 2 premium parking spots plus oversized locker, With only 7 units on the floor it provides maximum privacy & exclusivity. Experience the magical unobstructed seasonal views all year long! Conveniently situated just minutes to Scarborough Town Centre, YMCA, shopping, restaurants & seamless commuting options via nearby subway access as well as the 401. The buildings gym, pool and sauna will keep you active year-round while the outdoor garden offers a peaceful escape. Ample Visitor Parking For Guests.This suite is a sanctuary in the sky, offering the pinnacle of urban luxury. Do not miss your opportunity to call Penthouse 501 home! This is not just an apartment, this is a PENTHOUSE!

    re/max ultimate realty inc.MLS® #E10432619


    Amenities

    Guest Suites
    Concierge
    Security System
    Indoor Parking
    Rooftop Deck
    Gym Room

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Maintenance Fees

    Ellipse - East Tower Condos vs The Woburn Area

    Days on Strata

    Units at Ellipse - East Tower Condos spend an average of
    34
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 13 condos in the Woburn area

    Sold Units

    21
    Units were Sold over the past twelve months

    Rented Units

    47
    Units were Rented over the past twelve months

    Best Value Rank

    Ellipse - East Tower Condos offers the
    ?
    best value out of 13 condos in the Woburn neighbourhood

    Appreciation Rank

    Ellipse - East Tower Condos has the
    ?
    highest ROI out of 13 condos in the Woburn neighbourhood

    Rental Yield

    Ellipse - East Tower Condos yields the
    ?
    highest rent prices out of 13 condos in the Woburn neighbourhood

    High Demand

    Ellipse - East Tower Condos is the
    ?
    most popular building out of 13 condos in the Woburn neighbourhood

    Transaction Insights at 38 Lee Centre Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$443,000 - $470,000$485,000 - $530,000$519,500 - $715,000$645,000$730,000
    Avg. Cost Per Sqft$936$790$724$697$728
    Avg. Wait for Unit Availability84 Days44 Days25 Days457 Days402 Days
    Ratio of Units in Building14%33%49%3%4%

    Transactions vs Inventory

    Total number of units listed and sold in Woburn