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MLS® E13544418For SaleComm Element Condo

1617-88 Corporate Dr

Woburn, Toronto, Ontario M1H 3G6

Map
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1617-88 Corporate Dr, Toronto, photo 1
Asking$618,000
Bedrooms
2+1
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$562at the range’s middle
Tax a year
$2,2402025 tax year
Built
31-50
Parking
22 underground
Days on market
Members

The brief

About 1617-88 Corporate Dr

1617-88 Corporate Dr is a 2+1-bedroom, 2-bathroom condo in Woburn, Toronto, listed for sale at an asking price of $618,000 (MLS® E13544418).

Spacious, Bright & Move-In Ready!Welcome to this beautifully 2-bedroom + large den condo, offering 1,190 sq. ft. of open, sun- filled living space; glass wall entrance -perfect for families or professionals.Enjoy a freshly painted interior with laminate flooring and a modernized open-concept living/dining area. The renovated kitchen boasts brand-new counter tops and sink. Both bathrooms were updated, including a 4-piece ensuite in the primary bedroom with a large closet. The second bedroom is spacious, and the versatile den (with a door and large windows) can serve as a third bedroom, office, or playroom.Flooded with natural light and unobstructed views! Plus, this unit includes TWO Parking Spots Owned.Prime Location & Amenities:Near Scarborough Town Centre, Highway 401, and public transit. Tridel- built community with:---Free Car Wash--- Recreation Centre, Party room & Gym--- Indoor Pool, Squash & Tennis Courts BBQ Area & Bowling Alley--- 24-Hours Security Don't miss this incredible home-schedule your viewing today.

Insights

  • Condition Score

    Good

    2 documented update signals

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,210/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 45 homes with 3 bedrooms for lease in Woburn right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,240 / 2025
MLS® number
E13544418
Board
TRREB MLS®
Property Type
Comm Element Condo
Building Age
31-50
Days on market
Size
1000-1199 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: HOMELIFE SILVERCITY REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Comm Element Condo
Style
Multi-Level
Community
Woburn
Municipality
Toronto

Building

Size
1000-1199 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
2+1
Bathrooms
2
Bathroom Details
1 × 4pc Main, 1 × 4pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Foundation
Concrete
Fireplace
No
Den
Yes
Family room
Yes
Extras
Fridge, stove, built-in dishwasher, washer, dryer , electric light fixtures, window covering.
Condo maint.
$953

Rooms

RoomSizeFeaturesLevel
Solarium2.8 × 5.6 m—Flat
Dining3.6 × 3.6 m—Flat
Primary4.55 × 4.65 m4 Pc Bath, ClosetFlat
Living3.55 × 5.9 m—Flat
Kitchen2.49 × 5.43 m—Flat
2nd Br2.96 × 3.37 mClosetFlat
Foyer1.56 × 2.11 m—Flat

Listing history

Buy/sell history for 1617-88 Corporate Dr, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$618,000N/AFor SaleE13544418

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $123,600

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$123,600
Total mortgage amount
$494,400
Total interest payment
$351,600
Total purchase cost
$969,600
Mortgage payment
$2,820/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

54%

Monthly carrying cost

$3,960
−$1,210per month
  • Rent $2,750
  • Shortfall $1,210

Rental income opens at $2,750, the median asking rent of 45 comparable homes for lease in Woburn. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$8,835
Toronto municipal land transfer tax
$8,835
Total land transfer tax
$17,670
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$9,195
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $618,000
$4,360
Ontario total
$8,835

Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,835.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

By-law

See Former City of Scarborough Employment District By-Law No. 24982 (Progress)
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 85 CORPORATE DRPlan of subdivisionUnder Review

    Draft Plan of Subdivision (DPS) to permit a comprehensive mixed-use development on the subject site, including two development blocks, a public road, public park, and a natural areas block.


    180 m away

  • 85 CORPORATE DROfficial plan or zoning amendmentUnder Review

    Proposal of five residential/mixed-use buildings, with heights of 48 storeys (Building D1), 46 storeys (Building D2), 44 storeys (Building D3) and 42 storeys (Building D4), as well as a 12-storey mid-rise building (Building D5). Total 2,424 residential units, gross floor area (GFA) of 160,204 square metres, comprised of 158,567 square metres of residential GFA and 1,637 square metres of non-residential GFA, resulting in a density of 7.21 FSI. Providing a 1,854.7 square metre new public park, a 2,362 square metre conveyance to the TRCA along the East Highland Creek, and a 401 square metre daycare facility.


    180 m away

  • 710 PROGRESS AVEOfficial plan or zoning amendmentApplication Received


    330 m away

  • 710 PROGRESS AVEOfficial plan or zoning amendmentUnder Review

    Official Plan amendment and zoning by-law amendment to facilitate the development of two mixed-use towers (41 and 46-storeys) on a 8,885.58 square metre site.


    330 m away

  • 690 PROGRESS AVEPlan of subdivisionUnder Review

    Draft Plan of Subdivision proposing to create eight new blocks to facilitate the proposed residential development. All relevant materials have been circulated jointly with Rezoning application File #: 17 277456 ESC 38 OZ.


    370 m away

  • 690 PROGRESS AVEOfficial plan or zoning amendmentOMB Appeal

    Official Plan Amendment application to establish a site-specific parkland dedication rate for the subject lands, which are within Scarborough Centre. The application is to be reviewed concurrently with the related Rezoning application for a mixed use development (File #: 17 277456 ESC 38 OZ) and Draft Plan of Subdivision application (File #: 17 277479 ESC 38 OZ).


    370 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Agincourt GOGO Transit train: Stouffville2.8 km
Eglinton GOGO Transit train: Lakeshore East4.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
White Haven Junior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion750 m75%Grade 6 average
St Elizabeth Seton Catholic SchoolToronto CDSBCatholic · grades JK–8900 m—
North Bendale Junior Public SchoolToronto DSBPublic · grades JK–61.2 km78%Grade 6 average
ÉÉC Saint-Jean-de-LalandeConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.9 km81%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Woburn Collegiate InstituteToronto DSBPublic · grades 9–121.7 km51%Grade 9 math
Agincourt Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.5 km75%Grade 9 math
Francis Libermann Catholic High SchoolToronto CDSBCatholic · grades 9–123.5 km60%Grade 9 math
ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.7 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Email Yossi Kaplan, MBA, Salesperson