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Listed 1 month ago

1617 - 3050 Ellesmere Road

Morningside, Toronto

$359,000

Condo Apartment |
1 | 1 | 1 | 0
About this home

Stylish 1-Bedroom Condo with Prime Location Set against a serene green backdrop, this beautifully updated 1-bedroom condo in a reputable, well-managed building offers the perfect blend of modern design, comfort, and location. Whether you're a first-time buyer, downsizer, or savvy investor, this turnkey unit delivers lifestyle and long-term value. Step into a welcoming open-concept living and dining area, filled with natural light from large east-facing windows that offer bright mornings. The spacious layout is ideal for relaxing, entertaining, or working from home. The large bedroom easily accommodates a king-sized bed and additional furnishings, offering a peaceful retreat. The kitchen features custom quartz countertops, shaker-style cabinetry, and a pass-through with a breakfast bar - Perfect for casual meals or entertaining. Located just a short walk to University of Toronto (Scarborough), Centennial College, and the Pan Am Sports Centre, this unit is perfect for students, professionals, or athletes. Enjoy easy access to public transit, Highway 401, local parks, and conservation areas. Whether you're buying to live in or lease out, this unit checks every box for comfort, connectivity, and long-term value.

Extras

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$674
LockerNone
BalconyNone
ExposureEast West
Parking TypeSurface
Parking Spaces1
Parking FeaturesSurface
Property Tax$1,059
mls© NumberE13494452
Listed BySignature Elite Realty Ltd.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,838
Property tax
$88
Heat allowance
$150
Condo fees, half counted
$337
Housing costs
$2,413 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $71,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,511 / mo
Cash down
$71,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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