1 Lee Centere Drive Unit PH302, Toronto E09

Price: $489,900

2 bedrooms, 2 bathrooms

Property Type: Condo

MLS#: E13240272

Experience luxury living in this stunning penthouse suite perched high above the city in a beautifully maintained building at McCowan & Hwy 401. This bright and spacious two-bathroom unit features an open-concept living area with a stylish breakfast bar, professionally finished flooring, and floor-to-ceiling windows offering breathtaking panoramic views. The well-appointed kitchen includes ceramic tile flooring and a convenient breakfast bar, perfect for casual dining. The primary bedroom boasts a private ensuite and a generous walk-in closet, providing both comfort and functionality. Enjoy resort-style amenities including an indoor pool, state-of-the-art gym, guest suites, and ample visitor parking. Ideally located just minutes from Scarborough Town Centre, top-rated restaurants, and entertainment, with immediate access to Highway 401 for effortless commuting. Maintenance fees include: Hydro, Heat, Water, Parking, Locker, Common Elements & Building Insurance-offering exceptional value and peace of mind.

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New Listing
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$489,900 - 1 Lee Centere Drive Unit PH302, Highland Creek

Condo for Sale in Highland Creek

New — Listed 2 days ago
2Beds
2Baths
N/ASq Ft
Condo
Property Details
MLS Number
E13240272
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
N/A sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Ensuite+Exclusive
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX COMMUNITY REALTY INC.
Description

Experience luxury living in this stunning penthouse suite perched high above the city in a beautifully maintained building at McCowan & Hwy 401. This bright and spacious two-bathroom unit features an open-concept living area with a stylish breakfast bar, professionally finished flooring, and floor-to-ceiling windows offering breathtaking panoramic views. The well-appointed kitchen includes ceramic tile flooring and a convenient breakfast bar, perfect for casual dining. The primary bedroom boasts a private ensuite and a generous walk-in closet, providing both comfort and functionality. Enjoy resort-style amenities including an indoor pool, state-of-the-art gym, guest suites, and ample visitor parking. Ideally located just minutes from Scarborough Town Centre, top-rated restaurants, and entertainment, with immediate access to Highway 401 for effortless commuting. Maintenance fees include: Hydro, Heat, Water, Parking, Locker, Common Elements & Building Insurance-offering exceptional value and peace of mind.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

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: Scarborough (West Hill / Highland Creek)

Discover Scarborough (West Hill / Highland Creek)

Scarborough (West Hill / Highland Creek) 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 Scarborough (West Hill / Highland Creek)

  • 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

Scarborough (West Hill / Highland Creek) 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

1 Lee Centere Drive Unit PH302, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,336

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

Just Listed - Act Strategically

This property hit the market within the last week. In Highland Creek's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    1 Lee Centere Drive Unit PH302… — $489,900 | Battaglia Team