3050 Ellesmere Road, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Morningside. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,475 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient other heating via other
Description
Welcome to this bright and well-maintained 2-bedroom, 2-bathroom condo in the heart of Morningside. Situated on the 14th floor with desirable east exposure, this spacious unit offers approximately 700-799 sq. ft. of functional living space featuring an open-concept layout, ensuite laundry, and a comfortable primary bedroom complete with its own ensuite bath. As an added benefit, the unit will be refreshed prior to occupancy, with vinyl flooring and kitchen updates. Enjoy the convenience of 1 surface parking space. NO PETS allowed. Maintenance fees include all utilities and major building expenses, including heat, hydro, water, central air conditioning, parking, common elements, and building insurance.Ideally located near transit, shopping, schools, parks, and major highways, with easy access to the University of Toronto Scarborough campus, Centennial College, and Scarborough Town Centre.
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Pricing & Value Insights
Data-driven valuation for 3050 Ellesmere Road 1402, Toronto E09, ON M1E 5E6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,475 in Toronto, the legal minimum down payment is $124 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $25.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
