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    11 Lee Centre Drive

    May Tower II Condos
    3for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    24
    Number of Units:
    271
    Condo Completion:
    2002
    Condo Demand:
    Medium
    Unit Size Range:
    518 - 1,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for May Tower II Condos

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    Amenities

    Sauna
    Gym Room
    Visitor Parking
    Games Room
    Security System
    Concierge

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 11 Lee Centre DriveMay Tower II Condos

    When Ziedler Partnership Architects and Page + Steele Inc. teamed up with May Tower Developments Ltd. to create the May Tower II Condos, both the developers and the architects put careful consideration into the most minute of details. Completed in 2002, 11 Lee Centre Drive rises to 24 storeys and contains 271 Toronto condos.

    Between the impressive lobby, with its black-and-white marble tiles and opulent red carpeting, and the amenities shared with its sister building, May Tower I Condos at 1 Lee Centre Drive, it’s clear that neither comfort nor class have been overlooked. The building even maintains an active website, allowing residents to keep up to date on news and events.

    When we mentioned amenities, we weren’t kidding around. The common spaces at 11 Lee Centre Drive are pretty impressive, with residents able to keep active, unwind, and host friends and family, all without having to leave the building. Those living in the May Tower II have access to an indoor pool, hot tub, and his and hers saunas, as well as a gym that’s spread out over two storeys and contains badminton and basketball courts. There’s also ping pong and mah jong equipment, a library, two guest suites, and an outdoor playground. And just for good measure, there’s a party room in each of the May Tower buildings.

    The Suites

    While western condo dwellers are accustomed to buildings that skip the 13th floor, 11 Lee Centre Dr takes this superstition a step further: step into the elevator and you’ll quickly notice there are no buttons for level 4, 14, and 24. This is because of a Chinese belief the number four is unlucky, since the word ‘four’ and the word ‘death’ sound alike in Mandarin.

    Superstition aside, prospective residents might opt for one floor over another for an entirely different reason. While the building typically contains 13 units per floor, the top three levels are slightly quieter, with only 8 homes on each of these floors.

    Condo seekers interested in Toronto condos for sale at 11 Lee Centre Dr can expect to find one bedroom, one bedroom plus den, and two bedroom homes, some of which boast pass-through kitchens and views of the lake. And while there are no balconies to be found in the building, the architects made up for this by providing every home with large, bright windows.

    The Neighbourhood

    Woburn is a large, mixed-use Scarborough neighbourhood that contains a good mix of both residential and commercial pockets. And although it’s located just outside the western border of Woburn, residents of 11 Lee Centre Dr benefit from being able to walk to the nearby Scarborough Town Centre. In addition to the usual specialty and fashion stores, this large mall is also home to a Walmart and a Cineplex movie theatre.

    Those who aren’t fans of Walmart can get their grocery shopping done at Freshco or Real Canadian Superstore, both of which are situated around the corner from 11 Lee Centre Drive. Better yet, residents have access to a number of supermarkets that sell goods imported from India, such as Panchvati and Royal Kerala Foods.

    Transportation

    Whether residents prefer to drive or sit back and enjoy a ride on the TTC, getting around the city is easy with an address like 11 Lee Centre Dr. McCowan station on the Scarborough subway line takes just 15 minutes to reach, plus the 9 Bellamy bus stops right outside the building before making its way toward Warden station on the Bloor-Danforth line.

    Drivers are also in luck, as the 401 is within close reach of 11 Lee Centre Dr. This major highway can be reached by driving north along McCowan or Markham Road, and is useful for reaching destinations throughout Scarborough, North York, and Mississauga.

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    3

    Listings For Sale

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    Listings For Rent

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    Explore Woburn

    6/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    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 condos

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    17%
    50 - 64
    23%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    28%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    3%
    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%

    Maintenance Fees

    May Tower II Condos vs The Woburn Area

    Days on Strata

    Units at May Tower II Condos spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Woburn

    Turnover of Units

    On average, each unit is owned for
    4
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 13 condos in the Woburn area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    27
    Units were Rented over the past twelve months

    Best Value Rank

    May Tower II Condos offers the
    ?
    best value out of 13 condos in the Woburn neighbourhood

    Appreciation Rank

    May Tower II Condos has the
    ?
    highest ROI out of 13 condos in the Woburn neighbourhood

    Rental Yield

    May Tower II Condos yields the
    ?
    highest rent prices out of 13 condos in the Woburn neighbourhood

    High Demand

    May Tower II Condos is the
    ?
    most popular building out of 13 condos in the Woburn neighbourhood

    Transaction Insights at 11 Lee Centre Drive

    1 Bed + Den2 Bed
    Price Range$479,000 - $499,999$543,000 - $571,000
    Avg. Cost Per Sqft$768$669
    Avg. Wait for Unit Availability44 Days36 Days
    Ratio of Units in Building42%59%

    Unit Sales vs Inventory

    Total number of units listed and sold in Woburn