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    The Residences at The Consilium I

    88 Corporate Drive

    7for Sale
    4for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    29
    Number of Units:
    557
    Condo Completion:
    1992
    Condo Demand:
    Medium
    Unit Size Range:
    500 - 1,499 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Residences at The Consilium I

    Amenities

    Guest Suites
    BBQ
    Indoor Pool
    Rec Room
    Outdoor Pool
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 88 Corporate DriveThe Residences at The Consilium I

    Living in a 1992-built condo is more glamorous than it sounds — trust us. While some condo seekers want nothing but the newest and shiniest homes in town, others understand the value of aged wines, cheeses, and even condominiums.

    The glass and red brick tower at 88 Corporate Drive was constructed by Tridel and designed by Peter F. Turner, and contains a grand total of 557 Toronto condos. With the building reaching to 29 storeys, this means each floor contains around 20 homes.

    While the façade of the Residences at The Consilium I isn’t all too flashy, it’s the amenities that really stand out. To start, not only is the building equipped with a concierge, but a 24-hour gatehouse provides an additional layer of security for residents. Then there are the standard amenities such as a gym, and underground parking. Finally, 88 Corporate Dr is also equipped with indoor and outdoor swimming pools, a sauna, a four-lane bowling alley, a squash court, four tennis courts, two hot tubs, two squash courts, four guest suites, billiards and table tennis, a library, a cards room, and a mahjong room.

    The Suites

    Even with 20 units per floor, many of the homes at 88 Corporate Dr are still quite large, with some suites reaching to 1,400 square feet. Those who prefer something on the smaller side will also be glad to hear that units start at approximately 500 square feet.

    Homes at The Residences at The Consilium I contain one bedroom, one bedroom plus a den, two bedrooms, two bedrooms plus a den, or three bedrooms, and in some units the dens in question are more like solariums. Plus, all of the two bedroom suites in the building come equipped with two bathrooms. Best, if you can't find a unit here then there's probably something on the market next door at The Residences At The Consilium II.

    The Neighbourhood

    The Residences at The Consilium I is perfectly situated for residents who experience FOMO — fear of missing out. While some Scarborough condos are set in residential neighbourhoods, 88 Corporate Dr is located in the Woburn neighbourhood, and just down the street from the Scarborough Town Centre.

    In addition to the restaurants and shops found within this large mall, residents can find an array of eclectic restaurants along Ellesmere Road. There’s also a Toronto Public Library branch, a Service Canada Centre, and a YMCA right across the street from the Scarborough Town Centre. And when it comes time to stock up on groceries, residents living at 88 Corporate Dr don’t have to travel far in order to reach a FreshCo, as well as a couple of independent Indian supermarkets.

    Transportation

    Torontonians living any farther east might have a hard time travelling around the city without a car, but not residents of 88 Corporate Dr. The building is situated less than a kilometre away from McCowan Station, the final stop on the Scarborough subway line. The 9 Bellamy bus also comes in handy: this route carries passengers south down to St. Clair Avenue East, eventually offering the chance to transfer onto the Bloor-Danforth subway line at Warden Station.

    As for drivers living at 88 Corporate Dr, nothing quite beats having an on ramp for the 401 around the corner, at McCowan Road. Residents can zip east or west in order to reach destinations in Scarborough, North York, Mississauga and beyond.

    7

    Listings For Sale

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    4

    Listings For Rent

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    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,938
    Average Individual Income
    $63,489
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $113,834
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    44%
    Semi Detached
    23%
    High Rise Apartment
    19%
    Duplex
    9%
    Low Rise Apartment
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    60%
    Cantonese
    12%
    Other
    9%
    Mandarin
    6%
    Tamil
    6%
    Tagalog
    3%
    Urdu
    3%
    Gujarati
    1%
    Education
    High School
    29%
    University and Above
    26%
    None
    19%
    College
    17%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    18%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at The Residences at The Consilium I spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.7
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 13 condos in the Woburn area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    27
    Units were Rented over the past twelve months

    Best Value Rank

    The Residences at The Consilium I offers the
    ?
    best value out of 13 condos in the Woburn neighbourhood

    Appreciation Rank

    The Residences at The Consilium I has the
    ?
    highest ROI out of 13 condos in the Woburn neighbourhood

    Rental Yield

    The Residences at The Consilium I yields the
    ?
    highest rent prices out of 13 condos in the Woburn neighbourhood

    High Demand

    The Residences at The Consilium I is the
    ?
    most popular building out of 13 condos in the Woburn neighbourhood

    Transaction Insights at 88 Corporate Drive

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$530,000 - $568,000$520,000 - $569,000No Data$620,000 - $694,500
    Avg. Cost Per Sqft$691$738No Data$620
    Avg. Wait for Unit Availability143 Days29 Days145 Days27 Days
    Ratio of Units in Building7%39%7%48%

    Maintenance Fees

    The Residences at The Consilium I vs The Woburn Area

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