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1617 - 3050 Ellesmere Road
Morningside, Toronto
$359,000
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.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $674 |
| Locker | None |
| Balcony | None |
| Exposure | East West |
| Parking Type | Surface |
| Parking Spaces | 1 |
| Parking Features | Surface |
| Property Tax | $1,059 |
| mls© Number | E13494452 |
| Listed By | Signature Elite Realty Ltd. |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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