3050 Ellesmere Road Unit 1221, Toronto E09

Price: $298,880

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13514508

Don't miss this excellent opportunity to own real estate in Toronto* Introducing an affordable large 660 sq ft 1 bdrm, 1 bath unit w/panoramic unobstructed relaxing views of green space & ravine south exposure assures you of natural light streaming through the unit, *Amazing value to own and reside in or to rent out* Unit Includes parking* Situated in prime location that's steps to TTC, UofT Scarboro campus, Centennial College, PanAm Sports Centre* easy access to 401, GO trains, Centenary Hosp., schools, shopping, & Morningside Pk trails* Maintenance fee covers all utilities* Enjoy bldg. amenities: gym, indoor pool, exercise rm, games room, party room, sauna, 24-hr concierge* Wait no more - book an appointment to see this now!

3050 Ellesmere Road Unit 1221 - Condo photo 1 of 20 in Scarborough (West Hill / Highland Creek), Ontario
3050 Ellesmere Road Unit 1221 - Condo photo 2 of 20 in Scarborough (West Hill / Highland Creek), Ontario
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3050 Ellesmere Road Unit 1221 - Condo photo 11 of 20 in Scarborough (West Hill / Highland Creek), Ontario
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New Listing
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$298,880 - 3050 Ellesmere Road Unit 1221, Highland Creek

Condo for Sale in Highland Creek

New — Listed 5 days ago

Neighbourhood: Morningside

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13514508
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Scarborough (West Hill / Highland Creek)
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Don't miss this excellent opportunity to own real estate in Toronto* Introducing an affordable large 660 sq ft 1 bdrm, 1 bath unit w/panoramic unobstructed relaxing views of green space & ravine south exposure assures you of natural light streaming through the unit, *Amazing value to own and reside in or to rent out* Unit Includes parking* Situated in prime location that's steps to TTC, UofT Scarboro campus, Centennial College, PanAm Sports Centre* easy access to 401, GO trains, Centenary Hosp., schools, shopping, & Morningside Pk trails* Maintenance fee covers all utilities* Enjoy bldg. amenities: gym, indoor pool, exercise rm, games room, party room, sauna, 24-hr concierge* Wait no more - book an appointment to see this now!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,533.41/mo

Includes CMHC insurance ($8,339)

$
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5%10%50%

5-yr fixed avg.

Principal: $268,992Interest: $182,692
Mortgage Amount$277,331
Total Interest$182,692
Est. Property Tax$212/mo
Total Cost$460,023

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Morningside

Discover Morningside

Morningside is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Morningside

  • Convenient location in Scarborough (West Hill / Highland Creek)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Morningside offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

3050 Ellesmere Road Unit 1221, Scarborough (West Hill / Highland Creek)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,136

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $498/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Highland Creek's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Morningside

I know Morningside well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    3050 Ellesmere Road Unit 1221 | $298,880 | Battaglia Team