1 Lee Centre Dr PH108

FOR SALE
$649,000
1 Lee Centre Dr PH108, Scarborough
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
E10415098
MLSID
Contact Us
Property Description
Welcome to 1 Lee Centre Drive, an exceptional penthouse residence perfectly situated at the junction of McCowan Road and Highway 401. This expansive end-unit offers over 1,000 square feet of sophisticated living space, accentuated by sweeping, panoramic views that flood the interiors with natural light. The layout includes two generously sized bedrooms, each complemented by a full bathroom, as well as a spacious kitchen and dining area designed for both functionality and style. This residence also comes with a dedicated parking space, a storage locker, and the convenience of ensuite laundry. The all-inclusive maintenance fees cover all utilities, ensuring a seamless living experience. The building provides an impressive selection of amenities to suit a variety of lifestyles, including an indoor pool, full basketball and badminton courts, a versatile party/meeting room, and a state-of-the-art fitness center for health enthusiasts. Additional conveniences feature ample visitor parking, 24-hour security and concierge services, and a charming park and playground just steps away, offering a blend of luxury, comfort, and community right at your doorstep.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-08 2024-12-23 46 $649,000 - Suspended
2024-09-23 2024-10-18 25 $649,000 - Terminated
Extras
ALL INCLUSIVE Maintenance Fees
Nearby Intersections
Property Details
Community
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,160 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Scarborough Market Statistics
Scarborough Price Trend
1 Lee Centre Dr PH108 is a 2-bedroom 2-bathroom condo listed for sale at $649,000, which is $89,752 (12.1%) lower than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.
Inventory Change
There were 743 2-bedroom condos listed in Scarborough over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Scarborough over the last 30 days (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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