11 Lee Centre Drive Unit #2002, Toronto E09

Price: $515,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: New Construction

MLS#: E12661472

Conveniently located spacious 2 Bedroom, 2 Bathroom condo with parking and locker. Super well maintained property as Seller is original owner. This functional layout boasts an abundance of natural light with clear view of the courtyard. Located in one of Scarborough's Most Desirable and Convenient Locations - Steps to Scarborough Town Centre, TTC, Restaurants, Shopping, 401, UoT Scarborough, Centennial College and much more. A Large Living/Dining Space Ideal for Both Relaxing and Entertaining. The Spacious Primary Bedroom includes a Private 4-pc ensuite, while The Second Bedroom includes a Bright Bay Window Perfect for Enjoying Gorgeous Sunset Views. All Utilities included in the Maintenance Fees. This well managed building offers top tier amenities: indoor pool, gym, basketball and badminton courts, 24-hour concierge, guest suites, party room, billiards and more. Perfect for professionals, couples, and families. Some pictures are virtually enhanced.

11 Lee Centre Drive Unit #2002 - New Construction photo 1 of 22 in Scarborough (West Hill / Highland Creek), Ontario
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$515,000 - 11 Lee Centre Drive Unit #2002, Highland Creek

New Construction for Sale in Highland Creek

138 days on market
2Beds
2Baths
800Sq Ft
New Construction
Property Details
MLS Number
E12661472
Property Type
New Construction
Status
active
Days on Site
138
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Conveniently located spacious 2 Bedroom, 2 Bathroom condo with parking and locker. Super well maintained property as Seller is original owner. This functional layout boasts an abundance of natural light with clear view of the courtyard. Located in one of Scarborough's Most Desirable and Convenient Locations - Steps to Scarborough Town Centre, TTC, Restaurants, Shopping, 401, UoT Scarborough, Centennial College and much more. A Large Living/Dining Space Ideal for Both Relaxing and Entertaining. The Spacious Primary Bedroom includes a Private 4-pc ensuite, while The Second Bedroom includes a Bright Bay Window Perfect for Enjoying Gorgeous Sunset Views. All Utilities included in the Maintenance Fees. This well managed building offers top tier amenities: indoor pool, gym, basketball and badminton courts, 24-hour concierge, guest suites, party room, billiards and more. Perfect for professionals, couples, and families. Some pictures are virtually enhanced.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,642.22/mo

Includes CMHC insurance ($14,369)

$
$
5%10%50%

5-yr fixed avg.

Principal: $463,500Interest: $314,797
Mortgage Amount$477,869
Total Interest$314,797
Est. Property Tax$365/mo
Total Cost$792,665

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

11 Lee Centre Drive Unit #2002, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$1,928

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 $644/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.

Negotiation Opportunity

At 138 days on site, this property has exceeded the typical selling timeline for Highland Creek. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Efficient Living

At 800 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.

Investment Perspective

Looking at this as an investment: Highland Creek properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    11 Lee Centre Drive Unit #2002… — $515,000 | Battaglia Team