1208-3050 Ellesmere Road, Toronto, ON

Morningside, Toronto · MLS® E13771228

$319,000
For Sale
Listed 38 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to this spacious 2-bedroom, 2-bathroom condo offering incredible potential to make it your own.
  • With a few minor updates and renovations, this well-designed unit can truly be transformed into a stunning home.
  • The bright and functional layout is complemented by beautiful northwest views overlooking the Ellesmere Ravine, creating a peaceful backdrop to everyday living.
  • Residents enjoy exceptional building amenities, including 24-hour concierge service, an indoor swimming pool, tennis court, fitness centre, and sauna.
  • Public transit is right at your doorstep, with nearby parks, shopping centres, and quick access to Highway 401, making commuting and daily errands effortless

Welcome to this spacious 2-bedroom, 2-bathroom condo offering incredible potential to make it your own. With a few minor updates and renovations, this well-designed unit can truly be transformed into a stunning home. The bright and functional layout is complemented by beautiful northwest views overlooking the Ellesmere Ravine, creating a peaceful backdrop to everyday living.The unit includes convenient underground parking, and the maintenance fees cover all utilities for added value and peace of mind.Residents enjoy exceptional building amenities, including 24-hour concierge service, an indoor swimming pool, tennis court, fitness centre, and sauna.Ideally located just steps from Centennial College, the University of Toronto Scarborough campus, and St. John Catholic School. Public transit is right at your doorstep, with nearby parks, shopping centres, and quick access to Highway 401, making commuting and daily errands effortless

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13771228
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
ELLESMERE/MORNINGSIDE
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$915/mo
Exposure
North West
Property tax
$1,267 / 2025
Days on market
38
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

KitchenGround2.90 × 2.27 m

Ceramic Floor

Primary BedroomGround4.27 × 3.30 m

laminate · walk-in closet(s) · 4 pc bath

Living RoomGround4.98 × 3.36 m

laminate · combined w/dining · large window

Bedroom 2Ground3.82 × 2.35 m

laminate · window

Dining RoomGround4.98 × 3.36 m

laminate · combined w/dining · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The 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.

What sellers nearby are askingCurrently listed nearby · asking prices
$426kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $662/sqft; this home lists at $376/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
319kThis home399k359k299k648kThis home vs active comparables

Neighbourhood & location

Morningside, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$526K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Military Trail Public School
36%
Military Trail Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 36% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
St John Paul II Catholic Secondary School · Catholic secondary0.5 km · 76% at standard
Highcastle Public School · Public elementary1.2 km · 65% at standard
West Hill Collegiate Institute · Public secondary1.3 km · 52% at standard
Lucy Maud Montgomery Public School · Public elementary1.5 km · 74% at standard
Highland Creek Public School · Public elementary1.6 km · 53% at standard
St Florence Catholic School · Catholic elementary1.6 km · 73% at standard
Henry Hudson Senior Public School · Public elementary1.7 km
Morrish Public School · Public elementary1.7 km · 82% at standard
West Hill Public School · Public elementary1.7 km · 60% at standard
Heather Heights Junior Public School · Public elementary1.9 km · 64% at standard
George B Little Public School · Public elementary1.9 km · 54% at standard
Cardinal Leger Catholic School · Catholic elementary2.0 km · 78% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,454/mo
$79KIncome needed
4.0×Price ÷ income
$336Weekly cost
$6,520Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

59%mortgage
Mortgage $1,454Property tax $106Condo fee $915Total carry $2,475

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,411per month

Mortgage amount $255,200 · 4.49% over 25 years

$63,800Down payment (20.0%)
$255,200Loan before insurance
$0CMHC premium
$2,432Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,411
Property tax
$106
Condo / maintenance fees
$915
Heating
$0
Estimated monthly cost
$2,432

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$3,260
Toronto municipal land transfer tax
$3,260
Estimated closing costs
$6,520

Plus your down payment of $63,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$1,708/monthPayment at the qualifying rate

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

$168,113Total interest paid
$423,313Total of all payments
Principal $255,200 Interest $168,113
YearPrincipalInterestBalance
1$5,695$11,238$249,505
2$5,954$10,979$243,551
3$6,224$10,709$237,328
4$6,506$10,426$230,821
5$6,802$10,131$224,019
6$7,111$9,822$216,909
7$7,434$9,499$209,475
8$7,771$9,161$201,704
9$8,124$8,809$193,580
10$8,493$8,440$185,087
11$8,878$8,054$176,209
12$9,281$7,651$166,927
13$9,703$7,230$157,224
14$10,143$6,789$147,081
15$10,604$6,329$136,477
16$11,085$5,847$125,392
17$11,589$5,344$113,803
18$12,115$4,818$101,688
19$12,665$4,267$89,023
20$13,240$3,692$75,783
21$13,841$3,091$61,941
22$14,470$2,463$47,472
23$15,127$1,806$32,345
24$15,813$1,119$16,531
25$16,531$401$0

At the end of your 5-year term

Total paid over the term
$84,663
Principal paid down
$31,181
Interest paid
$53,482
Balance remaining
$224,019

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.

Let's connect

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

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
5.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

10.2%
Gross yield
− Property tax $1,267− Condo fees $10,984− Insurance $600− Vacancy & upkeep $3,564Net operating income $15,985

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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