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Price Change$424,800

706 - 4 Elsinore Path

New Toronto, Toronto

$400,000

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

Get More On Elsinore. Thoughtfully renovated and move-in ready, this bright one-bedroom condo offers exceptional value in the heart of New Toronto. Freshly painted throughout and featuring new flooring (2026), the functional layout is complemented by a beautifully renovated galley kitchen with quartz countertops, sleek black hardware, white cabinetry, stylish backsplash, and updated finishes completed in 2026. The open-concept living area walks out to a private balcony with views stretching toward Lake Ontario, while the spacious bedroom offers a large closet and plenty of natural light. Located in The Wave by Daniels, residents enjoy underground parking, a party/media room, business centre, and maintenance fees that include heat, water, parking, and common area maintenance. A short walk to the Lake Ontario, shops, cafes, and restaurants of Lakeshore Boulevard. Close to the waterfront, trails, TTC, Mimico GO, and Kipling Subway. An ideal opportunity for first-time buyers, downsizers, or investors seeking a turnkey home in a convenient and connected community.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$719
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,576
mls© NumberW13537064
Listed ByRoyal LePage Real Estate Associates
Heat Included
Water Included
Parking 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%
$2,047
Property tax
$131
Heat allowance
$150
Condo fees, half counted
$359
Housing costs
$2,688 / mo

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

Down payment20% · $80,000
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$80,000

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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