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MLS® listing

38 Lee Centre Drive 3515: condo apartment for sale

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$415,000

2 bedrooms, 1 bathroom, Condo Apartment · Woburn · near McCowan Rd & Corporate Dr

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From the listing brokerage

Welcome to Suite 3515 at the prestigious Ellipse Condominiums-an exceptional high-floor 2-bedroom residence offering an elevated lifestyle in the heart of Scarborough. Thoughtfully designed with a spacious open-concept layout, this beautifully maintained suite features contemporary flooring, elegant pot lights throughout, a modern kitchen designed for both everyday living and effortless entertaining, and a versatile second bedroom complete with a door and closet-ideal for guests, a home office, or a growing family. Ideally located at 38 Lee Centre Drive, residents are 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. Complete with one parking space and two lockers, Suite 3515 presents a rare opportunity to own a sophisticated high-floor home that seamlessly combines comfort, convenience, and outstanding value.

Virtual tour

Facts on the listing

Square feet600-699
Approximate age16-30
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingForced Air
CoolingCentral Air
Kitchens1
Maintenance fee$717
Property tax$1,772
Tax year2026
LockerOwned
PetsYes-with Restrictions
ExposureNorth
Fee includesHeat Included, Water Included, Common Elements Included, Building Insurance Included
Building amenitiesGuest Suites, Gym, Rooftop Deck/Garden, Indoor Pool, Concierge
BalconyNone
LaundryIn-Suite Laundry
Interior featuresCarpet Free
Floor35

Listing courtesy of LISTO INC.. MLS® E13569108.

About this condo apartment

38 Lee Centre Drive 3515 is a 2 bedroom condo apartment in TRREB's Woburn community in Toronto, listed for sale at $415,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces north. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is McCowan Rd & Corporate Dr. The age is listed as 16-30 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

Building amenities on the listing: guest suites, gym, rooftop deck/garden, indoor pool and concierge.

What it costs to buy 38 Lee Centre Drive 3515

At the asking price of $415,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$415,000
Ontario land transfer tax$4,775
Toronto municipal land transfer tax$4,775
Both taxes$9,550
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$20,750

The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$717 a month
Property tax (2026)$1,772 a year, about $148 a month
Fee and tax togetherabout $865 a month

The listing says the maintenance fee includes heat, water, common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $415,000, which is $135,000 below that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

Toronto neighbourhoods and prices

Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.

Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale

Similar homes for sale in Toronto

Questions about 38 Lee Centre Drive 3515

How much is land transfer tax on 38 Lee Centre Drive 3515?

At the asking price of $415,000 the Ontario tax is $4,775 and the Toronto tax is $4,775, $9,550 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 38 Lee Centre Drive 3515?

$20,750 at the asking price of $415,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 38 Lee Centre Drive 3515?

The listing shows $717 a month, including heat, water, common elements and building insurance. Check the current fee in the status certificate.

How much is the property tax on 38 Lee Centre Drive 3515?

The listing shows $1,772 a year for 2026, about $148 a month.

Is 38 Lee Centre Drive 3515 priced above or below the median?

It is listed at $415,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $135,000 lower. The median covers all sizes and neighbourhoods.

How do I book a showing for 38 Lee Centre Drive 3515?

Use the form on this page or call us. Quote MLS® E13569108. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 38 Lee Centre Drive 3515 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

Send your details and we will get back to you about this listing. The address of this page, with its MLS® number, is sent with your message.

We reply to every message ourselves. Nothing here is legal, tax, mortgage or investment advice.

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