8 Lee Centre Dr 702

FOR SALE
$465,000
8 Lee Centre Dr 702, Scarborough
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
8 Lee Centre Dr 702
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E9387026
MLSID
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Property Description
Opportunity Is Knocking Own A RARE Unit- THREE Parking Spaces & One Locker | One Bedroom + One Bathroom Condo In The Heart Of Scarborough | Facing North and Great Views Of The City | Open Concept Living and Dining with Big Windows Letting In Great Natural Light | Spacious Bedroom w/ Double Door Closet and A Four PC Bathroom | Kitchen Has Stainless Steel Appliances, Backsplash, and Breakfast Bar | Great Space For A Couple Or An Investor | Breakdown Of Maintenance Fee: One Locker ($22.30) + Parking ($53.51 x3) + ALL Utilities & Common Elements ($530.67)| Opportunity To Rent Out Parking Spots | Location, Location, Location Minutes To STC, Highway 401, Public Transit, Restaurants, and More.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-24 2022-10-27 3 $2,200 $2,200 Leased
2022-10-13 2022-10-28 16 $475,000 - Suspended
2022-10-24 2022-10-27 3 $2,200 $2,200 Leased
2022-09-26 2022-10-14 18 $500,000 - Terminated
Extras
ALL Utilities Included + Amazing Building Amenities: Indoor Pool, Gym, Squash Court, Library, Game Room, Massive Party Room, Visitor Parking.
Nearby Intersections
Property Features
Library, Park, Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,531 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P1)
Parking 2
Owned (P1)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 14.21'Laminate, Large Window, Combined W/Dining
DiningMain10.50' x 14.21'Laminate, Large Window, Combined W/Living
KitchenMain6.56' x 8.30'Stainless Steel Appl, Breakfast Bar, Custom Backsplash
Prim BdrmMain8.99' x 11.81'Laminate, Large Window, Large Closet
Scarborough Market Statistics
Scarborough Price Trend
8 Lee Centre Dr 702 is a 1-bedroom 1-bathroom condo listed for sale at $465,000, which is $109,082 (19.0%) lower than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.
Inventory Change
There were 1,421 1-bedroom condos listed in Scarborough over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% 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 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Rouge River Realty Ltd.
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