38 Lee Centre Dr Condos, Toronto

Scarborough Real Estate Condos for Sale and Rent


38 Lee Centre Dr, Toronto M1H3J7

Ellipse - East Tower was built by Lee Development Group and completed in year 2004.

There are total 34 floors and approximately 383 units.

The building currently has 7 units on sale, and 2 for lease.

Condo monthly management fee includes: Heat, Water and Air Conditioning.

Condo facility includes: Gym, Concierge, Indoor Pool, Party/Meeting Room, Sauna, Visitor Parking and Guest Suites.

Condo Building Analysis

For Sale

Condo values have decreased 32% over the past two years.

Maintenance costs have increased 11.4% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$0 – $550/sqft

For Lease

Rent levels have decreased 8% compared with the same period last year.

Recent Rent Range
$2.79 – $3.82/sqft

How This Condo Compares

Price Position
In Line
Recent sale prices are broadly in line with condos in the community.
Maintenance Cost
14.5% Higher
Adjusted maintenance costs are above condo buildings in the community.
Effective Cost
19.2% Higher
Estimated occupancy costs are higher than condo buildings in the community after adjusting for included utilities.

School Information

  • Bendale Junior Public School (Grade:JK-6) 766/3037
  • Tredway Woodsworth Public School (Grade:JK-8) 1936/3037
  • David and Mary Thomson Collegiate Institute (Grade:9-12) 676/739
  • St. Richard Catholic School (Grade:JK-8) 1119/3037
  • Cedarbrook Public School (Grade:JK-8) 392/3037
  • Charles Gordon Senior Public School (Grade:7-8)
  • Tredway Woodsworth Public School (Grade:JK-8) 1936/3037


Local Area Profile

This property is located in an area with a high level of homeownership with a strong concentration of apartment and condominium housing. Approximately 53% of residents hold a bachelor's degree or higher, while about 21% have a college credential. Residents use a combination of driving and public transit for commuting.



Commute Information

Toronto Subway McCowan Subway Station: 0.9km (~16 mins walk)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
Ph302 2+1 2 1 900-999 764,111
1907 2 2 1 800-899 548,000
1502 1+1 1 1 600-699 379,900
2308 1+1 1 1 600-699 410,000
1612 2 1 1 700-799 415,000
2605 2 2 1 700-799 454,900
TH120 2+1 2 1 900-999 570,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Scarborough, please contact Scarborough real estate agent Alan Zheng at 647-877-9311.

Explore more GTA properties and market information through our Toronto real estate, Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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