15 Ellerslie Avenue Unit 1403, Toronto C07

Price: $398,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13044056

Cozy Urban Living at Its Finest in the Heart of North York, Toronto! Welcome to this 2-year-new luxury 1-bedroom, 1-bath condo ideally located in the vibrant Yonge/Finch/Sheppard corridor - a true Walker's Paradise with an outstanding 98/100 Walk Score. At only 428 SF, this Home prides itself for super easy upkeep and low maintenance. The thoughtfully designed condo features 9-foot smooth ceiling and a breathtaking south-facing view overlooking treetops and open blue skies, filling the space with natural light. Step out to the expansive private balcony - perfect for morning coffee or unwinding after a long day. The modern, high-end kitchen boasts stainless steel appliances, elegant cabinetry, and neutral-toned finishes that create a timeless minimalist aesthetic. Enjoy the convenience of ensuite laundry with premium front-load washer and dryer, along with strategic storage solutions, including a large entry closet, the wall-to-wall closet in the primary bedroom, and a bonus locker in the building. Enjoy unparalleled convenience with the North York Centre subway station just a 5-minute walk away, and the Yonge/Finch bus terminal nearby, making commuting downtown or nearby universities effortless. Stroll to Empress Walk, where groceries, Cineplex theatre, trendy shops, restaurants, and all the conveniences of Yonge Street are right at your doorstep. With Highway 401 only a 5-minute drive away, this location is perfect for both transit users and drivers alike. Whether you're a first-time buyer, mature student, young professional, or savvy investor, this home offers the perfect blend of lifestyle, convenience, and location - a peaceful retreat to recharge while staying connected to the pulse of city living. Don't miss this rare opportunity to own a piece of Toronto's finest real estate at the most sought-after location and watch its future value grow!

15 Ellerslie Avenue Unit 1403 - Condo photo 1 of 34 in Thornhill / Willowdale, Ontario
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$398,000 - 15 Ellerslie Avenue Unit 1403, Willowdale

Condo for Sale in Willowdale

47 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13044056
Property Type
Condo
Status
active
Days on Site
47
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Thornhill / Willowdale
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Description

Cozy Urban Living at Its Finest in the Heart of North York, Toronto! Welcome to this 2-year-new luxury 1-bedroom, 1-bath condo ideally located in the vibrant Yonge/Finch/Sheppard corridor - a true Walker's Paradise with an outstanding 98/100 Walk Score. At only 428 SF, this Home prides itself for super easy upkeep and low maintenance. The thoughtfully designed condo features 9-foot smooth ceiling and a breathtaking south-facing view overlooking treetops and open blue skies, filling the space with natural light. Step out to the expansive private balcony - perfect for morning coffee or unwinding after a long day. The modern, high-end kitchen boasts stainless steel appliances, elegant cabinetry, and neutral-toned finishes that create a timeless minimalist aesthetic. Enjoy the convenience of ensuite laundry with premium front-load washer and dryer, along with strategic storage solutions, including a large entry closet, the wall-to-wall closet in the primary bedroom, and a bonus locker in the building. Enjoy unparalleled convenience with the North York Centre subway station just a 5-minute walk away, and the Yonge/Finch bus terminal nearby, making commuting downtown or nearby universities effortless. Stroll to Empress Walk, where groceries, Cineplex theatre, trendy shops, restaurants, and all the conveniences of Yonge Street are right at your doorstep. With Highway 401 only a 5-minute drive away, this location is perfect for both transit users and drivers alike. Whether you're a first-time buyer, mature student, young professional, or savvy investor, this home offers the perfect blend of lifestyle, convenience, and location - a peaceful retreat to recharge while staying connected to the pulse of city living. Don't miss this rare opportunity to own a piece of Toronto's finest real estate at the most sought-after location and watch its future value grow!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,041.95/mo

Includes CMHC insurance ($11,104)

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5-yr fixed avg.

Principal: $358,200Interest: $243,280
Mortgage Amount$369,304
Total Interest$243,280
Est. Property Tax$282/mo
Total Cost$612,584

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Thornhill / Willowdale

Discover Thornhill / Willowdale

Thornhill / Willowdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Thornhill / Willowdale

  • Convenient location in Thornhill / Willowdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Thornhill / Willowdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

15 Ellerslie Avenue Unit 1403, Thornhill / Willowdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$282
Insurance (est.)-$83
Net Cash Flow+$1,020

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 47 days on site, this property has exceeded the typical selling timeline for Willowdale. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    15 Ellerslie Avenue Unit 1403… — $398,000 | Battaglia Team