8 Lee Centre Dr 502
Woburn, Scarborough, M1H 3H8
FOR SALE
$445,000
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Property Description
*Facing North *Open Concept Living Room + Dining Room *Very clean apartment with 2 parking spaces *One bedroom apartment located in the Scarborough *Suitable for couple or first time home buyer *Maintenance Fee includes Heat, Hydro, Water, CAC, Locker & Parking Space *Close To Hwy 401, TTC Nearby, Go Bus, YMCA, Scarborough Town Centre, the Go Station, and is also close to University of Toronto and Centennial College ***Photos are virtual staging **EXTRAS** *Fridge, Stove, Dishwasher, Stacked washer & Dryer, All Electrical Light Fixtures. *2 Parking Spaces: 1 parking (Tandem Space for 2 Cars) = can Park 3 Cars
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-28 | 2025-01-12 | 76 | $465,999 | - | Expired |
Nearby Intersections
Property Features
Clear View, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,359 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
2
Parking 1
Owned (P1)
Parking 2
Owned (P1)
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.17' x 14.01' | Combined W/Dining, Hardwood Floor, Window |
| Dining | Flat | 10.17' x 14.01' | Combined W/Living, Hardwood Floor, Window |
| Kitchen | Flat | 7.64' x 8.40' | Ceramic Floor, O/Looks Dining, O/Looks Living |
| Br | Flat | 8.10' x 13.29' | Large Closet, Large Window, Hardwood Floor |
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Scarborough Market Statistics
Scarborough Price Trend
8 Lee Centre Dr 502 is a 1-bedroom 1-bathroom condo listed for sale at $445,000, which is $112,110 (20.1%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less 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 1-bedroom condos in Scarborough over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Sincere Realty Inc.
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