- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900–999sq ft
- Per sq ft
- $410at the range’s middle
- Tax a year
- $1,4122026 tax year
- Built
- 31-50
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1407-3050 Ellesmere Rd
1407-3050 Ellesmere Rd is a 2-bedroom, 2-bathroom condo in Morningside, Toronto, listed for sale at an asking price of $389,000 (MLS® E14147218).
Beautiful and Spacious 2-Bedroom Corner Unit Featuring a Bright, Functional Layout! Laminate Flooring Throughout, Ample Closet Space, and Beautiful Ravine Views. Newly Replaced Toilets.Generously Sized Bedrooms Are Separated for Added Privacy. Well-Maintained, Clean, and Quiet Neighbourhood. Conveniently Located Close to U of T, Colleges, Schools, Public Transit, Subway,and Major Highways. Enjoy Comfortable Living with Low Maintenance Fees and Exceptional Convenience!
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall20/100−$1,190/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 10 homes with 2 bedrooms for lease in Morningside right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $1,412 / 2026
- MLS® number
- E14147218
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 31-50
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Morningside
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Building Age
- 31-50
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, B/I Dishwasher, Hood, Washer, Dryer, Light fixtures. Existing Blinds/Window Coverings.
- Condo maint.
- $1,072
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.4 × 5.87 m | Laminate, O/Looks Park, Open Concept | Flat |
| Dining | 2.43 × 3.06 m | Laminate, O/Looks Park, Open Concept | Flat |
| Kitchen | 2.59 × 2.25 m | Vinyl Floor, Separate Rm, Granite Counter | Flat |
| Primary | 3.83 × 3.05 m | Laminate, 3 Pc Ensuite, B/I Closet | Flat |
| 2nd Br | 3.58 × 2.7 m | Laminate, B/I Closet, Large Window | Flat |
Listing history
Buy/sell history for 1407-3050 Ellesmere Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $389,000 | N/A | For Sale | E14147218 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $77,800
- Total mortgage amount
- $311,200
- Total interest payment
- $221,300
- Total purchase cost
- $610,300
- Mortgage payment
- $1,775/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
74%Monthly carrying cost
$2,965- Rent $1,775
- Shortfall $1,190
Rental income opens at $1,775, the median asking rent of 10 comparable homes for lease in Morningside. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,310
- Toronto municipal land transfer tax
- $4,310
- Total land transfer tax
- $8,620
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,310
- Total for first-time buyers
- $310
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $389,000
- $2,085
- Ontario total
- $4,310
Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,310.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- In the mapped Ravine and Natural Feature Protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RAC (au67.0) (x28)By-law
569-2013Municipality
Toronto1 au67.0
Lot area: at least u67.0 m² per dwelling unit.
2 x28
Site-specific exception 28: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(28)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
2 building permits cleared at this address in the City’s file.
Garage Repair/ReconstructionPermit Issued
Garage repairs - localized concrete repairs to existing building
Issued September 11, 2023
Garage Repair/ReconstructionPermit Issued
Structural concrete repairs, interlocking pavers replacement, ashphalt repairs at parking lot, stairs railing repairs
Issued April 1, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
750 MORNINGSIDE AVESite planUnder Review
Site Plan Application for 28 four-storey stacked townhouse units that would be situated within two blocks to the east and south of the existing apartment building, The existing 13-storey apartment building on the site would be maintained.
300 m away755 MORNINGSIDE AVEOfficial plan or zoning amendmentUnder Review
Official Plan Amendment application to adopt a Secondary Plan for the University of Toronto Scarborough Campus.
370 m away1049 MILITARY TRLOfficial plan or zoning amendmentUnder Review
Official Plan Amendment application to adopt a Secondary Plan for the University of Toronto Scarborough Campus.
530 m away875 MORNINGSIDE AVEOfficial plan or zoning amendmentUnder Review
Official Plan Amendment application to adopt a Secondary Plan for the University of Toronto Scarborough Campus.
590 m away1050 MILITARY TRLOfficial plan or zoning amendmentUnder Review
Official Plan Amendment application to adopt a Secondary Plan for the University of Toronto Scarborough Campus.
640 m away1048 MILITARY TRLOfficial plan or zoning amendmentUnder Review
Official Plan Amendment application to adopt a Secondary Plan for the University of Toronto Scarborough Campus.
750 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Guildwood GO | GO Transit train: Lakeshore East | 3.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Military Trail Public SchoolToronto DSB | Public · grades JK–8 | 350 m | 38%Grade 6 average |
| Highcastle Public SchoolToronto DSB | Public · grades JK–8 | 1.2 km | 69%Grade 6 average |
| St Edmund Campion Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.5 km | 80%Grade 6 average |
| ÉÉC Saint-MichelConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 3.4 km | 89%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St John Paul II Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 500 m | 64%Grade 9 math |
| West Hill Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.3 km | 35%Grade 9 math |
| Woburn Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.6 km | 51%Grade 9 math |
| ÉSC Père-Philippe-LamarcheConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 6.3 km | 55%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Morningside are shown to signed-in members.