Maintenance Fees
May Tower II Condos vs The Woburn Area
1516 - 11 Lee Centre Dr
$2,3002 bds1 ba1 pk670 sqft
For RentMay Tower II Condos
8 Days on Strata
$2,300/mth
2 Beds
1 Bath
1 Parking
670 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
April 8, 2025
Lease Term:
1 Year
Utilities Included:
Yes
Outdoor Space:
None
Furnished:
No
Exposure:
West
Locker:
Owned
Amenities
Indoor Pool
Indoor Parking
Gym
Games Room
Sauna
Squash Court
Visitor Parking
Concierge
Guest Suites
Security System
Rec Room
Party Room
About this Listing
Welcome to May 2 Towers! A Bright & Spacious 2-Bedroom Condo in the Heart of Scarborough! This well-maintained unit features a functional layout with large windows offering plenty of natural light. Enjoy an updated kitchen with ample cabinetry, a cozy open-concept living and dining area, generously sized bedrooms with ample closet space, and laminate flooring throughout. Conveniently located close to Scarborough Town Centre, TTC, Hwy 401, shops restaurants, and parks. Building amenities include 24-hour concierge, fitness centre, indoor pool, sauna, party room, indoor racquet/basktball court, visitor parking and more. One underground parking spot, one locker, Heat, Hydro and AC utilities included.
ExtrasFridge, Stove, Microwave, Range Hood, Built In Dishwasher, Washer and Dryer. One underground parking, one storage locker. All Utilities Included in Rent (Except Cable & Internet)
homelife broadway realty inc.MLS® #E12070204
Fees & Utilities
Utilities Included
Rent Includes
Hydro
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Laminate
18.01 x 10.24ft
Dining
Combined with Living, Laminate
18.01 x 10.24ft
Kitchen
Ceramic Floor, Modern Kitchen
8.01 x 6.76ft
Primary
Large Window, Closet
10.99 x 10.76ft
2nd Bedroom
Closet
8.53 x 7.51ft
Renter's Market
Balanced
Landlord's Market
Similar Listings
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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!'
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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%
Building Trends At May Tower II Condos
Days on Strata
Units at May Tower II Condos spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
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
3.9
YEARS before being sold againProperty Value
-15%
Decrease in property value within the past twelve months
Price Ranking
8th
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
19
Units were Rented over the past twelve months
Best Value Rank
May Tower II Condos offers the best value out of 15 condos in the Woburn neighbourhood
?
Appreciation Rank
May Tower II Condos has the highest ROI out of 15 condos in the Woburn neighbourhood
?
Rental Yield
May Tower II Condos yields the highest rent prices out of 15 condos in the Woburn neighbourhood
?
High Demand
May Tower II Condos is the most popular building out of 15 condos in the Woburn neighbourhood
?
Market Insights
Transaction Insights at May Tower II Condos
| 1 Bed + Den | 2 Bed | |
|---|---|---|
| Price Range | $476,000 - $499,999 | $505,000 - $572,500 |
| Avg. Cost Per Sqft | $765 | $665 |
| Price Range | $2,188 - $2,500 | $2,425 - $3,000 |
| Avg. Wait for Unit Availability | 48 Days | 37 Days |
| Avg. Wait for Unit Availability | 50 Days | 32 Days |
| Ratio of Units in Building | 42% | 59% |
Market Inventory
Total number of units listed and leased in Woburn
