612 - 1 Lee Centre Dr
1 / 1
For SaleMay Tower I CondosEst Sell Timeframe 7 Days
$495,000
2 Beds
2 Bath
1 Parking
808 SQFT
1 Day on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$780/mth
Taxes:
$1,803 (2024)
Cost Per Sqft:
$613/sqft
Locker:
Owned
Outdoor Space:
None
Exposure:
North West
Possession Date:
30 days
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Hydro
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
None
Utility Type
- Air Conditioning
- Other
- Heat Source
- No Data
- Heating
- Forced Air
Room Dimensions
Living
Combined with Dining, Laminate
16.08 x 11.58ft
Dining
Combined with Living, Laminate
16.08 x 11.58ft
Kitchen
Ceramic Floor
8.01 x 7.78ft
About this Listing
SEE ADDITIONAL REMARKS TO DATA FORM
ExtrasNONE- SOLD AS-IS AS PER SCHEDULE "A"
re/max crossroads realty inc.MLS® #E11925464
Amenities
Concierge
Sauna
Indoor Pool
Tennis Court
Party Room
Visitor Parking
Explore Neighbourhood
7/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
8/10
Transit
So frequent, you might accidentally start collecting tickets.
4/10
Bikeability
A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
11,938
Average Individual Income
$63,489
Average Household Size
3 persons
Average Age
41
Average Household Income
$113,834
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
44%
Semi Detached
23%
High Rise Apartment
19%
Duplex
9%
Low Rise Apartment
3%
Marital Status
Commute
Languages (Primary Language)
English
60%
Cantonese
12%
Other
9%
Mandarin
6%
Tamil
6%
Tagalog
3%
Urdu
3%
Gujarati
1%
Education
High School
29%
University and Above
26%
None
19%
College
17%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
27%
Architecture & Engineering
18%
Health & Related Fields
13%
Social Sciences
10%
Math & Computer Sciences
6%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
2%
Price Trends
Maintenance Fees
May Tower I Condos vs The Woburn Area
Building Trends At May Tower I Condos
Days on Strata
Units at May Tower I Condos spend an average of
20
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Woburn
Turnover of Units
On average, each unit is owned for
3.1
YEARS before being sold againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
6th
Highest price per SQFT out of 15 condos in the Woburn area
Sold Units
9
Units were Sold over the past twelve months
Rented Units
14
Units were Rented over the past twelve months
Best Value Rank
May Tower I Condos offers the best value out of 15 condos in the Woburn neighbourhood
?
Appreciation Rank
May Tower I Condos has the highest ROI out of 15 condos in the Woburn neighbourhood
?
Rental Yield
May Tower I Condos yields the highest rent prices out of 15 condos in the Woburn neighbourhood
?
High Demand
May Tower I Condos is the most popular building out of 15 condos in the Woburn neighbourhood
?
Transaction Insights at 1 Lee Centre Drive
| 1 Bed + Den | 2 Bed | |
|---|---|---|
| Price Range | $489,900 | $495,000 - $635,000 |
| Avg. Cost Per Sqft | $787 | $636 |
| Price Range | $2,250 - $2,500 | $2,280 - $3,000 |
| Avg. Wait for Unit Availability | 73 Days | 29 Days |
| Avg. Wait for Unit Availability | 85 Days | 39 Days |
| Ratio of Units in Building | 33% | 68% |
Transactions vs Inventory
Total number of units listed and sold in Woburn
