38 Lee Centre Drive Unit TH120, Toronto E09

Price: $618,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: E13000504

Welcome to this beautifully maintained, light-filled two-storey townhouse offering 2 bedrooms, a versatile den, 2 bathrooms, 1 parking space, and a locker. Complete with dual entrances: one through the condo lobby and another with direct street access, making this the ideal home for your everyday convenience! Situated in the heart of Scarborough, this townhouse features an open-concept living and dining area with soaring 10-foot ceilings, and expansive windows that frame serene park views with ample natural light. The modern kitchen is equipped with a breakfast bar, ideal for casual meals and entertaining! Freshly painted throughout. This home is move-in ready! Step outside to your private south-facing terrace. Perfect for relaxing or dining while enjoying the outdoors. Second floor is complete w/ 9-foot ceilings offering a bright, airy ambiance. Equipped with 2nd floor laundry for your added convenience. The spacious primary bedroom offers large windows and ample closet space, while the second bedroom is sun-drenched and inviting with its own closet and generous size window. Residents enjoy access to exceptional amenities, including a 24-hour concierge, fitness centre, indoor pool, guest suites, party and billiards rooms, visitor parking, and a rooftop terrace with BBQs. Unbeatable location. Just minutes to schools, parks, shops, restaurants, grocery stores, TTC, Scarborough Town Centre, Centennial College, University of Toronto, highway 401, and lots more! This is a must-see property! Don't miss this rare opportunity!

38 Lee Centre Drive Unit TH120 - Condo photo 1 of 32 in Scarborough (West Hill / Highland Creek), Ontario
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$618,000 - 38 Lee Centre Drive Unit TH120, Highland Creek

Condo for Sale in Highland Creek

62 days on market
3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
E13000504
Property Type
Condo
Status
active
Days on Site
62
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Description

Welcome to this beautifully maintained, light-filled two-storey townhouse offering 2 bedrooms, a versatile den, 2 bathrooms, 1 parking space, and a locker. Complete with dual entrances: one through the condo lobby and another with direct street access, making this the ideal home for your everyday convenience! Situated in the heart of Scarborough, this townhouse features an open-concept living and dining area with soaring 10-foot ceilings, and expansive windows that frame serene park views with ample natural light. The modern kitchen is equipped with a breakfast bar, ideal for casual meals and entertaining! Freshly painted throughout. This home is move-in ready! Step outside to your private south-facing terrace. Perfect for relaxing or dining while enjoying the outdoors. Second floor is complete w/ 9-foot ceilings offering a bright, airy ambiance. Equipped with 2nd floor laundry for your added convenience. The spacious primary bedroom offers large windows and ample closet space, while the second bedroom is sun-drenched and inviting with its own closet and generous size window. Residents enjoy access to exceptional amenities, including a 24-hour concierge, fitness centre, indoor pool, guest suites, party and billiards rooms, visitor parking, and a rooftop terrace with BBQs. Unbeatable location. Just minutes to schools, parks, shops, restaurants, grocery stores, TTC, Scarborough Town Centre, Centennial College, University of Toronto, highway 401, and lots more! This is a must-see property! Don't miss this rare opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,170.66/mo

Includes CMHC insurance ($17,242)

$
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5-yr fixed avg.

Principal: $556,200Interest: $377,756
Mortgage Amount$573,442
Total Interest$377,756
Est. Property Tax$438/mo
Total Cost$951,198

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

38 Lee Centre Drive Unit TH120, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$1,528

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 $687/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 62 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.

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 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $2,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    38 Lee Centre Drive Unit TH120… — $618,000 | Battaglia Team