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    3050 Ellesmere Road

    Mapledale Condos
    5for Sale
    7for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    331
    Condo Completion:
    1989
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,300 SQFT
    Unit Availability:
    High
    Property Management:

    Listing History for Mapledale Condos

    Receive listing updates for Morningside

    Amenities

    Sauna
    Car Wash
    Indoor Parking
    Security System
    Concierge
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 3050 Ellesmere RoadMapledale Condos

    Mapledale Condos was completed in 1989 by Shiu Pong Management. While some buyers associate high maintenance fees with older buildings, maintenance fees at 3050 Ellesmere Road are only $0.84 per-square-foot. These Morningside condos for sale offer floor plans that are more spacious than most modern condos; there are 331 suites in this 16-storey residence, and units range from 549 square feet to 1300 square feet.

    Maintenance fees are $0.84 per-square-foot, which is higher than the neighbourhood average of $0.57 per-square-foot.

    The Suites

    On average, units at 3050 Ellesmere Road sell -0.38% below the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $527 and units sell with 24 days on market on average. Over the past 12 months, 20 have sold and 13 have have been rented here.

    The Neighbourhood

    Living here means you’re just a 10-minute walk from A&W Canada, Toto Express Authentic Chinese Restaurant and Reginos Pizza, making it easy to dazzle your taste buds without much effort. With cafes such as Tim Hortons and La Prep only a short 14-minute walk away, grabbing a coffee while living at Mapledale Condos is a breeze.

    There are a number of grocery stores within a short drive, including Food Basics, Gunaams Supermarket and Charley's West Indian Food Ltd.

    There are a number of banks within a short drive, including RBC Royal Bank and Scotiabank for all your investment needs.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Ellesmere Ravine, Ellesmere Reservoir Park and Military Park are the perfect spot for all kinds of activities.

    Those who love to shop will appreciate all the options nearby with Centenary Plaza, SmartCentres Scarborough East and Pleasant Corner just 4 minutes from here.

    When the weekend rolls around, Galary 1265 are within a short 2-minute drive away. Cineplex Odeon Morningside Cinemas is just a short drive away for movie nights.

    There are plenty of nearby school choices — Military Trail Public School, Lucy Maud Montgomery Public School and Highland Creek Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including St. John Paul II Catholic Secondary School, Rouge Valley Education Center (RVEC) and West Hill Collegiate Institute WHCI.

    Transportation

    For transit users, the nearest light transit stop is Ellesmere Rd At Mornelle Crt and is about a 5 minutes walk away. McCowan isn’t within a close walking distance, but you can drive there in about 12 minutes.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 100 Mornelle Court, 705-819 Military Trail and 21 Livonia Place.

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    Explore Morningside

    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 condos

    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%

    Maintenance Fees

    Mapledale Condos vs The Morningside Area

    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%

    Unit Sales vs Inventory

    Total number of units listed and sold in Morningside