18 Lee Centre Drive Unit 1506, Toronto E09

Price: $499,900

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13487516

Sought after 15th Floor 1308SF 4 bedroom CORNER SUITE with ((( 2 PARKING SPACES ))) and a locker. Offers south-east exposure, contemporary finishes, floor-to-ceiling glazing, and an open concept layout overlooking the circular driveway in front of the building entrance.Utilities (Gas, Water, Hydro) are included in the maintenance fee (Note size vs. Maintenance Fee).Building amenities include 24hr Concierge, Indoor Pool, Gym/ Exercise Rm, Squash Court, Bike Storage, Games Rm, Library/ Study Rm & Guest Suites.Walking distance conveniences include Scarborough Town Centre, Subway and Public Transit,Schools, Places of Worship, Movie Theatre, Restaurants, Parks, & Highway 401.

18 Lee Centre Drive Unit 1506 - Condo photo 1 of 32 in Scarborough (West Hill / Highland Creek), Ontario
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$499,900 - 18 Lee Centre Drive Unit 1506, Highland Creek

Condo for Sale in Highland Creek

Popular Listing

Neighbourhood: Woburn

4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13487516
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
South East
Balcony
None
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Sought after 15th Floor 1308SF 4 bedroom CORNER SUITE with ((( 2 PARKING SPACES ))) and a locker. Offers south-east exposure, contemporary finishes, floor-to-ceiling glazing, and an open concept layout overlooking the circular driveway in front of the building entrance.Utilities (Gas, Water, Hydro) are included in the maintenance fee (Note size vs. Maintenance Fee).Building amenities include 24hr Concierge, Indoor Pool, Gym/ Exercise Rm, Squash Court, Bike Storage, Games Rm, Library/ Study Rm & Guest Suites.Walking distance conveniences include Scarborough Town Centre, Subway and Public Transit,Schools, Places of Worship, Movie Theatre, Restaurants, Parks, & Highway 401.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
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5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Woburn

Discover Woburn

Woburn is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Woburn

  • Convenient location in Scarborough (West Hill / Highland Creek)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Woburn offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

18 Lee Centre Drive Unit 1506, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$2,082

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $417/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Highland Creek. Good resale value as demand remains consistent.

About Woburn

I know Woburn well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    18 Lee Centre Drive Unit 1506 | $499,900 | Battaglia Team