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Unit Ph506 at Ellipse

Sold

38 Lee Centre Drive Ph506, Toronto E09, ON M1H 3J7

MLS #E12408280

$520,000

Sold on January 29, 2026

January 29, 2026

Originally listed at $529,000 120 days on market

About This Property

A One-Of-A-Kind Penthouse Offering A Sweeping 300-Degree View Of Toronto, With The Citys Skyline Fully On Display. Welcome To PH506 At 38 Lee Centre Drive, Where Style Meets Convenience High Above The City. This Unit Includes 2 Prime Parking Spots And 3 Lockers, Conveniently Located Near The Elevator Ideal For Personal Use Or Potential Rental Income. Step Into This Bright And Spacious 2-Bedroom, 2-Bathroom Condo On The Top Floor, Offering Stunning Southwest Exposure With An Abundance Of Natural Light. An Oversized Penthouse Balcony (Over 250sf), Perfect For Enjoying The Beauty Of Summer, Hosting BBQs, And Gathering With Family And Friends. Enjoy Panoramic Sunset Views And On Clear Days, Take In The Beauty Of Lake Ontario. You'll Always Have Front-Row Seats To Fireworks Displays Throughout The Year. A Spacious Open-Concept Kitchen Featuring A Stainless Steel Refrigerator, Dishwasher, And A Central Island With A Breakfast BarPerfect For Gatherings And For Enjoying The View Outside While Preparing Meals. Hardwood Flooring Throughout Offers Both Cleanliness And Easy Maintenance. The Home Includes Two Fully Renovated Four-Piece Bathrooms, With Matte Black Faucets Adding A Touch Of Sophistication. Each Bedroom Comes With An Oversized Walk-In Closet, Providing Ample Storage And Everyday Convenience. Live In A Well-Maintained Building With Exceptional Services, Including 24/7 Security, Concierge, Floor-By-Floor Surveillance And Regular Underground And Window Cleaning. Located Just Minutes From Highway 401, TTC, Scarborough Town Centre, Centennial College, University Of Toronto Scarborough Campus, The YMCA, Child Care Services And Major Grocery Stores, Everything You Need Is At Your Doorstep. Enjoy An Unmatched List Of Amenities: Indoor Pool, Gym, Billiards, Ping Pong, Library, Party Room, BBQ Area, Guest Suites And A Family-Friendly Park With Biking And Walking Trails Right Outside Your Door. Extra: 2 BRAND NEW Washrooms(2025), Freshly Painted.

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1082/mo) and property tax ($2,460/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$557/sqft
Woburn
$544/sqft+2.3%
Toronto E09
$493/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 950 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

900-999 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-1650
MLS Size900-999
Listed OnSep 16, 2025
Maintenance Fees$1,082/month
Property Tax$2,460/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Living Room(Ground)5.81 x 3.7619.1 x 12.3-
Dining Room(Ground)5.81 x 3.7619.1 x 12.3-
Kitchen(Ground)3.85 x 2.4512.6 x 8.0-
Primary Bedroom(Ground)3.8 x 3.0912.5 x 10.1-
Bedroom 2(Ground)3.24 x 2.7310.6 x 9.0-

Room Dimensions Available

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Price History

Original List Price

$529,000

Listed on Sep 16, 2025

Sold Price

$520,000

Sold on Jan 29, 2026

-$9,000

-1.7%

120 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameEllipse
Address38 Lee Centre Drive, Toronto E09
Parking TypeUnderground

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About Unit Ph506 at Ellipse

Unit Ph506 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 900-999 square feet located at Ellipse, 38 Lee Centre Drive, Toronto E09. This unit is currently sold (sold for $520K).

About Ellipse

Ellipse is located at 38 Lee Centre Drive, Toronto E09. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Woburn Neighbourhood

This unit is located in Woburn, part of Toronto E09 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Ellipse, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit Ph506 Ellipse Toronto E09

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