May Tower 1 Condos in Toronto E09

1 Lee Centre Drive, Toronto E09

Total Units

1

For Sale

1

For Rent

23

Sold

36

Leased

$490K

Avg Price

29

Days (Sale)

25

Days (Lease)

OQ

OVAIS QASSIM

Questions about May Tower 1?

Property Type:
Condo
Number of Units:
Condo Demand:
High
Unit Availability:
Low
Number of Storeys:
Condo Completion:
Unit Size Range:
0 - 1,500 SQFT
Property Management:
Shiu Pong Management

Market Overview

For-Sale Inventory

Highest Sale (12mo)

$505K

Lowest Sale (12mo)

$386K

Median Maintenance

$580/mo

Year Built

May Tower 1 Market

Updated Aug 21, 2026
Condos
Median sale price
$459K
Median PSF (est.) 8.9%
$505/sqft
Sold last 90 days
3
Active listings
2
Months of inventory
2.0
Avg days on market
28
Sale-to-list ratio
96.92%
Absorption rate
50.0%
Market Insights
Investor mix — estimated proxy (90d)
Investor-proxy share: 40.00% · End-user: 60.00% (from 3 sales, 2 leases)
Price reductions (90d)
Price-reduction rate: 33.33%
Avg reduction: $40,000 (7.42%)
Re-entries (past 12 months)
Re-entries: 0 · rate 0.00%
Median PSF (est.) vs parent area
Median PSF: $505-12.26% vs community avg ($576)[discount]
Supply vs demand by unit type (90d)
Sample: 2 active listings · 3 sold (90d)
studio: 0 active / 0 sold · mismatch +0.00%
1br: 0 active / 0 sold · mismatch +0.00%
2br: 2 active / 3 sold · mismatch +0.00%
3br: 0 active / 0 sold · mismatch +0.00%
Concession pattern by unit type (90d)
2br (20 sales)90.00% closed with concessions, avg 3.89% below ask
Seasonality (annual pattern)
Historically strongest months: May, Aug, Oct
Historically weakest months: Jun, Nov, Jul
Annual averages: DOM 31.6d · sale-to-list 96.92% (n=20)
Monthly detail
Jan · 2 sales · DOM 32.5d · STL 97.29%
Apr · 2 sales · DOM 30.0d · STL 96.61%
May · 1 sales · DOM 5.0d · STL 97.66%
Jun · 2 sales · DOM 37.0d · STL 96.02%
Jul · 3 sales · DOM 48.0d · STL 93.75%
Aug · 1 sales · DOM 12.0d · STL 99.11%
Sep · 3 sales · DOM 35.3d · STL 94.85%
Oct · 1 sales · DOM 21.0d · STL 97.56%
Nov · 2 sales · DOM 38.0d · STL 104.21%
Dec · 3 sales · DOM 22.7d · STL 96.67%

Market Intelligence

Price per sqft analysis and trends

May Tower 1

Sale PSF

N/A

Lease PSF

N/A

Woburn

Sale PSF

$544/sqft

9 sales

Lease PSF

$3.31/sqft/mo

1 leases

Toronto E09

Sale PSF

$553/sqft

18 sales

Lease PSF

$3.31/sqft/mo

1 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.85/sqft/mo

1 leases

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
May Tower 1This Building
/mo
Woburn
5443.31/mo91
Toronto E09
5533.31/mo181
Toronto
7883.85/mo8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Parking & Locker Values

Parkingcommunity

Purchase

N/A

Monthly Lease

$103.11/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Community BBQ
Concierge
Elevator
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Lap Pool
Party Room/Meeting Room
Recreation Room
Sauna
Squash/Racquet Court
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsCondo TaxesHeatHydroParkingWater

Building Reviews

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About May Tower 1 Condos

May Tower 1 is a premier condominium located at 1 Lee Centre Drive, Toronto E09. offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 61 units available at May Tower 1, with prices averaging around $490K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

May Tower 1 stands out in Toronto E09's competitive real estate market for its prime location. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at May Tower 1, 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 and market analysis.

Explore more real estate in the wider area: Woburn, Toronto E09 and the Toronto area.

Units for Sale at May Tower 1

Units for Lease at May Tower 1

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