906-3050 Ellesmere Road, Toronto, ON
Morningside, Toronto · MLS® E13558900
About this home
Welcome to this beautifully renovated and exceptionally spacious 1,246 sq. ft. condo offering outstanding comfort, functionality, and value in one of Scarborough's most convenient locations. This bright and inviting 2 bedroom + den, 2 bathroom suite features a beautiful unobstructed south-facing exposure with peaceful views of ravine and green space, filling the home with natural light throughout the day. Perfectly suited for families, professionals, downsizers, or investors, this thoughtfully designed unit combines rare size, a highly functional layout, and an unbeatable location directly across from the University of Toronto Scarborough campus. Step inside to a sun-filled open-concept living and dining area with generous proportions, ideal for both everyday living and entertaining. The well-designed floor plan enhances flow and usability, while the spacious primary bedroom serves as a private retreat featuring two closets and a full ensuite bathroom. Residents enjoy an impressive range of building amenities including an indoor pool, gym, tennis court, party room, and 24-hour security, offering comfort, convenience, and peace of mind. One of the most valuable features of this condo is the all-inclusive maintenance fee, covering heat, hydro, gas, and water-delivering predictable monthly costs and exceptional overall value. Additional highlights include three storage lockers and one underground parking space conveniently located near the elevator. The location is second to none, with TTC transit at your doorstep and easy access to Centennial College, shopping, parks, restaurants, and major highways-making daily commuting and errands effortless. 3050 Ellesmere Rd offers a rare opportunity to own a move-in-ready, oversized condo with beautiful exposure, full amenities, and unmatched convenience in a prime Toronto location.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- E13558900
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Ellesmere/Morningside
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,315/mo
- Exposure
- South East
- Property tax
- $1,682 / 2025
- Days on market
- 4
- Listing brokerage
- RE/MAX MILLENNIUM REAL ESTATE
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Military Trail Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Ellesmere Rd at Mornelle Crt is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Elevator: rare and valuable for accessibility and resale.
- Worth verifying
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 25% below the area average of $413/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Morningside, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Ellesmere Rd at Mornelle Crt, about 227 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $319,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,707
- Property tax
- $140
- Condo / maintenance fees
- $1,315
- Heating
- $0
- Estimated monthly cost
- $3,162
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,474
- Toronto municipal land transfer tax
- $4,474
- Estimated closing costs
- $8,947
Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $102,433
- Principal paid down
- $40,742
- Interest paid
- $61,691
- Balance remaining
- $279,178
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE. MLS®/PropTx.