38 Lee Centre Dr #508 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $419,900. It has 600-699 sq ft of living space.
1Open concept kitchen with brand new granite countertop.
2Sliding door walk out to terrace which gives you an additional space for BBQ, outdoor party, planting, gardening or just enjoying the peaceful afternoon with a cup of coffee/tea.
3This condominium is equipped with gym, indoor pool, sauna, ping pong, meeting room, BBQ area, guest suites & visitor parking.
Stylish Ellipse Condo, 9 feet ceilings with panoramic south view, private terrace/garden (feels like a townhouse!). 1 Bedroom + Den, the Den could be used as 2nd Bedroom (with door and double mirrored closet) or home office. Open concept kitchen with brand new granite countertop. Brand new floor throughout. Sliding door walk out to terrace which gives you an additional space for BBQ, outdoor party, planting, gardening or just enjoying the peaceful afternoon with a cup of coffee/tea. This condominium is equipped with gym, indoor pool, sauna, ping pong, meeting room, BBQ area, guest suites & visitor parking. Just moments from Scarborough Town Centre, TTC transit, Highway 401, parks, shopping, dining, and every urban convenience. Enjoy an impressive collection of resort-inspired amenities within one of Scarborough's most established and sought-after condominium communities. Must see, a unit with walk-out terrace is a rare opportunity to you, it won't last long on the market!
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $700 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 38 Lee Centre Dr #508
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
38 Lee Centre Dr #508 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14126822$419,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 38 Lee Centre Dr #508 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,063
/mo
based on the purchase price of $419,900
$83,980 cash
$335,920 financed
$282,933 total interest
Principal54%$335,920
Interest46%$282,933
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $420K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5105.6%On average, homes sold at or above asking.
Active listings12,834Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.
Based on 9,287 sales from Jul 31 – Oct 29, 2026 (6,995 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 2 for rent at 38 Lee Centre Dr — plus its sale and lease history.
38 Lee Centre Dr #508 is listed at $419,900 (MLS® E14126822). Summitly updates the price as soon as the MLS® record changes.
Is $419,900 a good price for 38 Lee Centre Dr #508?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 38 Lee Centre Dr #508 changed?
No — 38 Lee Centre Dr #508 is still listed at its original asking price of $419,900.
How many bedrooms and bathrooms does 38 Lee Centre Dr #508 have?
38 Lee Centre Dr #508 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 38 Lee Centre Dr #508 close to transit?
The nearest rapid-transit station is Agincourt GO Station (Stouffville GO), about 3.1 km in a straight line. Eglinton GO Station is about 4.9 km, and Guildwood GO Station is about 4.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 38 Lee Centre Dr #508?
About $2,063 a month — principal and interest on $419,900 with 20% down ($83,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 38 Lee Centre Dr #508 compare with other homes in Toronto?
Its asking price of $419,900 is about 50% below the median sold price in Toronto over the last 90 days, $840,000, across 9,287 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 38 Lee Centre Dr #508 been sold before?
Summitly has no earlier MLS® sale or lease of 38 Lee Centre Dr #508 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 38 Lee Centre Dr #508?
38 Lee Centre Dr #508 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 38 Lee Centre Dr #508 been on the market?
1 day — 38 Lee Centre Dr #508 was listed on October 28, 2026.
What is the price per square foot of 38 Lee Centre Dr #508?
About $601 to $700 per square foot: the asking price of $419,900 over the 600–699 sq ft the listing gives as its size range.
Does 38 Lee Centre Dr #508 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
