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              For Sale 16 Days On Site

              #1612 88 Corporate Drive

              near Mccowan/ Hwy 401
              $479,900 1+1bdr • 1ba • 1kit • 700-799sf
              Average Income
              $54,756
              Population Age
              39 y/old
              School Score
              6.50/10
              Price Index Change 1y
              +19.74%
              Price Index Change 3y
              +21.91%
              Rent Index Change 1y
              -1.48%
              Rent Index Change 3y
              +19.46%

              Condo Apt • Apartment #1612 • 15 Level

              #1612 88 Corporate Drive, Woburn, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure W
              • age n/a
              • locker Owned
              • possession

                Tba

              $479,900

              $1,426.71
              Tax yr: 2019

              $527.26/m

              CALCULATED NUMBERS:

              $1801.00

              calculator

              $1949

              3

              58 Somewhat Walkable

              87 Excellent Transit

              44 Somewhat Bikeable

              6.50/10

              Location Details
              • Toronto

              • Toronto

              • Woburn

              • Mccowan/ Hwy 401

              • M1H3G6

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ZOLO REALTY, BROKERAGE

              Property Overview
              Luxury Tridel Condo In Excellent Location. Original Owner. Large Open Concept 1Bdrm + Den/Solarium. Great Layout, Open Unobstructed View. Low Condo Fee Incl Utilities. Excellent Amenities Incl: In/Outdoor Pools, Sauna, Gym, Tennis & Squash Courts, Bowing Alley, Party/Meeting Rooms, Bbq Area, Car Wash Etc.2 Walk To Scarborough Town Centre, Light Rail Transit, Go Station, Restaurants, Short Drive To Centennial College. Ttc At Door Steps. Easy Access To Hwy 401.
              Extras: Fridge, Stove, Washer & Dryer, All Elfs And Window Coverings.
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              Dining
              • Main Level
              • Combined W/Living
              Kitchen
              • Main Level
              • Ceramic Floor
              Master
              • Main Level
              • Closet
              Den
              • Main Level
              • Open Concept
              Solarium
              • Main Level
              • O/Looks Living
              Basement
              • None
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              • Listing added to site: 2020-11-19 14:38:19
              • Last updated: 2020-11-20 00:29:01
              • Photos updated: 2020-11-19
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              1612 88 Corporate Drive is a condo apt apartment, located in Woburn of city of Toronto, Toronto region, near Mccowan/ Hwy 401, and has been available for sale on CondosDirect since 2020-11-19. This unit is located at level 15 of the building and has West exposure of Corporate Dr. Condo registry office is MTCC, corporation number 1023.

              Lot Size and Living Area:

              1612 88 Corporate Drive has 6+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 700-799 square feet.
              1.0 parking space(s) are owned and located undergrnd at level A - P1 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also identified the following listing features: Open Concept, Swimming Pool.

              Price & Cost Overview

              General:

              1612 88 Corporate Drive condo apt is listed for $479,900. Property tax for year 2019 was $1,427. And the monthly maintenance fee was $527.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $462,852.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,801, and total expenses, including the mortgage, property tax and maintenance, fee around $1,964, assuming $479,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1612 88 Corporate Drive, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Woburn, where 88 Corporate Drive is located, has $707,086 Home Price Index, and $2,069 Home Rent Index. Average household income at dissemination area of 88 Corporate Drive is $54,756, and average polulation age is 39 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,064,628, and average Home Rent Index $2,573.

              Similar Properties & Community Details:

              There are similar to 1612 88 Corporate Drive 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 88 Corporate Drive.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Woburn neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 88 Corporate Drive, or schools, which boundaries this address belongs to with an average School Score 6.50 out of 10. Here are more details about these schools:
              1. Bendale Junior Public School (Grades JK-06), Public, Elementary, ranked as Good.
              2. David and Mary Thomson Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 58, 87, and 44 accordingly, location of 88 Corporate Drive overall can be described as Somewhat Walkable, Excellent Transit, and Somewhat Bikeable.

              Woburn, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (98 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 16 to 20 properties like that to be sold in Woburn during the next 30 days.
              Seasonal sales fluctuation is showing 23% inventory increase comparing to the average annual number, which is equvalent to 14.67 properties sold per month, and -2% decline comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 16 days, which is 3 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing 24% D.O.M. increase comparing to the average annual number, which is equvalent to 15 D.O.M., and 10% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Woburn.
              The selling to asking price ratio is declining in Woburn.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS E4994355 Comparative Market Analysis
              1612 88 Corporate Drive Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Woburn, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +19.74% comparig to the City of Toronto average of +9.18%

              Price Index 3y

              Price Index change was +21.91% comparig to the City of Toronto average of +6.57%

              Rent Index 1y

              Rent Index change was -1.48% comparig to the City of Toronto average of +2.625%

              Rent Index 3y

              Rent Index change was +21.91% comparig to the City of Toronto average of +6.57%

              Walkscore

              Walkscore 58 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 87 out of 100 means Excellent Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.50 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $8,300 Cashback
              $550,000
              1+1br 1ba 600-699sf

              Prop Tax

              $1,862

              Condo Fee

              $522

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$516,637

              $8,100 Cashback
              $539,000
              1br 1ba 500-599sf

              Prop Tax

              $1,762

              Condo Fee

              $365

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$502,370

              $6,700 Cashback
              $445,000
              1+1br 1ba 700-799sf

              Prop Tax

              $2,320

              Condo Fee

              $724

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              59

              Compare n/a

              $8,100 Cashback
              $539,000
              1+1br 1ba 600-699sf

              Prop Tax

              $1,836

              Condo Fee

              $468

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              71

              Compare n/a

              $7,100 Cashback
              $475,000
              1br 1ba 500-599sf

              Prop Tax

              $n/a

              Condo Fee

              $349

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              40

              Compare$442,647

              New
              $399,000
              1+1br 1ba 700-799sf

              Prop Tax

              $1,769

              Condo Fee

              $485

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              55

              Compare n/a

              $7,000 Cashback
              $469,900
              1br 1ba 500-599sf

              Prop Tax

              $1,586

              Condo Fee

              $463

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              63

              Compare$445,608

              $7,500 Cashback
              $499,900
              1+1br 1ba 600-699sf

              Prop Tax

              $1,679

              Condo Fee

              $492

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              50

              Compare n/a

              $8,300 Cashback
              $550,000
              1+1br 1ba 600-699sf

              Prop Tax

              $1,949

              Condo Fee

              $657

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              83

              Compare$552,047

              $8,400 Cashback
              $559,000
              1br 1ba 600-699sf

              Prop Tax

              $2,142

              Condo Fee

              $481

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              66

              Compare$582,831

              $8,100 Cashback
              $539,000
              1+1br 1ba 600-699sf

              Prop Tax

              $1,835

              Condo Fee

              $468

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              70

              Compare n/a

              $8,500 Cashback
              $569,000
              1+1br 1ba 500-599sf

              Prop Tax

              $1,919

              Condo Fee

              $443

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              53

              Compare$543,550

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