Discover an exceptionally large and spacious 2-bedroom, 2-bathroom suite with a bright sunroom - a rare find offering an abundance of living space. Newly upgraded flooring gives the unit a fresh, modern feel, while the generous layout provides plenty of flexibility for comfortable living, working from home, or rental opportunities. One parking space and one locker are included, and hydro is included in the maintenance fees, providing added convenience and value. Ideally located just steps from University of Toronto (Scarborough), Centennial College, and the Pan Am Sports Centre, this property offers excellent potential for rental income and strong appeal to students, faculty, professionals and athletes. Conveniently situated near major highways, transit, shopping, and everyday amenities. A truly rare opportunity for bothinvestors and end-users! The maintenance fee include covers all utilities.
2 bedrooms, 2 bathrooms, about 1,200 sq ft, works out to roughly $333 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 3050 Ellesmere Rd #406
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1200-1399 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
3050 Ellesmere Rd #406 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $399K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,861Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 4 for rent at 3050 Ellesmere Rd — plus its sale and lease history.
3050 Ellesmere Rd #406 is listed at $399,000 (MLS® E13810678). Summitly updates the price as soon as the MLS® record changes.
Is $399,000 a good price for 3050 Ellesmere Rd #406?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3050 Ellesmere Rd #406 changed?
Yes — it was first listed at $449,000 and is now $399,000, a drop of $50,000 (11.1%).
How many bedrooms and bathrooms does 3050 Ellesmere Rd #406 have?
3050 Ellesmere Rd #406 has 2 bedrooms and 2 bathrooms, with about 1,200–1,399 square feet of living space. It is a condo in Toronto.
Is 3050 Ellesmere Rd #406 close to transit?
The nearest rapid-transit station is Guildwood GO Station (Lakeshore East GO), about 3.4 km in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 3050 Ellesmere Rd #406?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3050 Ellesmere Rd #406 compare with other homes in Toronto?
Its asking price of $399,000 is about 53% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3050 Ellesmere Rd #406 been sold before?
Summitly has no earlier MLS® sale or lease of 3050 Ellesmere Rd #406 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3050 Ellesmere Rd #406?
3050 Ellesmere Rd #406 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3050 Ellesmere Rd #406 been on the market?
48 days — 3050 Ellesmere Rd #406 was listed on September 21, 2026.
What is the price per square foot of 3050 Ellesmere Rd #406?
About $285 to $333 per square foot: the asking price of $399,000 over the 1,200–1,399 sq ft the listing gives as its size range.
Does 3050 Ellesmere Rd #406 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
