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    Toronto / Scarborough / Morningside

    1518 - 3050 Ellesmere Rd

    For SaleMapledale Condos
    $388,888
    Price Increase: $368,888
    1 Bed
    1 Bath
    1 Parking
    623 SQFT
    39 Days on Strata
    Est Sell Timeframe
    18 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $570/mth
    Taxes:
    $987 (2024)
    Cost Per Sqft:
    $624/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    December 2, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Ceramic Floor, 4 Piece Bath
    7.35 x 8.33ft
    Bedroom
    Large Closet, Large Window, Laminate
    16.11 x 10.5ft
    Kitchen
    O/Looks Dining
    7.87 x 10.07ft

    About this Listing

    **Stop renting**Opportunity To Own Real Estate In Toronto**Great Price**Clean/Nice Size 1 Bdrm unit**Very close to University of Toronto Scarborough Campus**Scarborough General Hospital**Easy Access to 401**

    ExtrasFridge Stove Washer Dryer Dishwasher

    re/max all-stars realty inc.MLS® #E10428898

    Amenities

    Visitor Parking
    Concierge
    Games Room
    Tennis Court
    Guest Suites
    Sauna

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    3/10
    Bikeability
    If biking were a video game, this would be expert mode.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,487
    Average Individual Income
    $55,239
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $102,985
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    16%
    20 - 34
    24%
    35 - 49
    18%
    50 - 64
    21%
    65+
    17%
    Household Income
    $0 - $30,000
    53%
    $30,000+
    27%
    $60,000+
    12%
    $90,000+
    5%
    $125,000+
    2%
    Housing Types & Tenancy
    Detached
    34%
    Semi Detached
    27%
    High Rise Apartment
    22%
    Duplex
    9%
    Low Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Other
    14%
    Mandarin
    8%
    Cantonese
    8%
    Tamil
    5%
    Tagalog
    4%
    Urdu
    4%
    Hindi
    1%
    Education
    High School
    30%
    University and Above
    28%
    None
    18%
    College
    16%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    9%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Education
    5%
    Humanities
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Mapledale Condos vs The Morningside Area

    Building Trends At Mapledale Condos

    Days on Strata

    Units at Mapledale Condos spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Morningside

    Turnover of Units

    On average, each unit is owned for
    8.6
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 16 condos in the Morningside area

    Sold Units

    20
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    Mapledale Condos offers the
    ?
    best value out of 16 condos in the Morningside neighbourhood

    Appreciation Rank

    Mapledale Condos has the
    ?
    highest ROI out of 16 condos in the Morningside neighbourhood

    Rental Yield

    Mapledale Condos yields the
    ?
    highest rent prices out of 16 condos in the Morningside neighbourhood

    High Demand

    Mapledale Condos is the
    ?
    most popular building out of 16 condos in the Morningside neighbourhood

    Transaction Insights at 3050 Ellesmere Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$390,000 - $405,000No Data$390,000 - $560,000No DataNo Data
    Avg. Cost Per Sqft$598No Data$541No DataNo Data
    Avg. Wait for Unit Availability114 Days90 Days25 Days95 DaysNo Data
    Ratio of Units in Building17%16%58%10%1%

    Transactions vs Inventory

    Total number of units listed and sold in Morningside