MLS® listing
4 Elsinore Path 514: condo apartment for sale
$309,000
From the listing brokerage
Welcome to The Wave at 4 Elsinore Path, where comfort, convenience and lakeside living come together in the heart of South Etobicoke. This bright and well-designed 1 Bedroom, 1 Bathroom condo offers an open-concept layout, perfect for entertaining, with the added convenience of a full-size in-suite laundry room providing extra storage and everyday functionality. Walkout to the Balcony, to enjoy your morning coffee, tea or just relax reading a book and the expansive unobstructed views and plentiful natural light enhance the home's bright and airy feel from morning to evening. The Wave is a well-maintained boutique-style condominium including a business centre, visitor parking, and secure entry. Ideally situated in the vibrant Lakeshore Village community, you're just minutes from Humber College's Lakeshore Campus, Lake Ontario, waterfront parks and trails, local cafés, restaurants, shopping, and everyday conveniences. Commuting is effortless with TTC transit at your doorstep, easy access to Mimico GO Station, the Gardiner Expressway, Highway 427, and the QEW, making travel throughout Toronto and the GTA a breeze. Whether you're a first-time buyer, investor, or downsizer, this is an excellent opportunity to enjoy an affordable lifestyle in one of Etobicoke's most desirable waterfront neighbourhoods.
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $743 |
| Property tax | $1,619 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Heat Included, Common Elements Included, Building Insurance Included, Water Included, Parking Included, CAC Included |
| Building amenities | Bike Storage, Elevator, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | Ensuite |
| Interior features | None |
| Floor | 5 |
Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS® W13771022.
About this condo apartment
4 Elsinore Path 514 is a 1 bedroom condo apartment in TRREB's New Toronto community in Toronto, listed for sale at $309,000. The listing shows 1 bathroom and 500-599 square feet. The style is given as apartment. The unit faces north. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Islington/Lakeshore.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: bike storage, elevator, party room/meeting room and visitor parking.
What it costs to buy 4 Elsinore Path 514
At the asking price of $309,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $309,000 |
|---|---|
| Ontario land transfer tax | $3,110 |
| Toronto municipal land transfer tax | $3,110 |
| Both taxes | $6,220 |
| First-time buyer relief, if you qualify | up to $6,220 |
| Minimum down payment | $15,450 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $743 a month |
|---|---|
| Property tax (2026) | $1,619 a year, about $135 a month |
| Fee and tax together | about $878 a month |
The listing says the maintenance fee includes heat, common elements, building insurance, water, parking and cac. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $309,000, which is $241,000 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 4 Elsinore Path 514
How much is land transfer tax on 4 Elsinore Path 514?
At the asking price of $309,000 the Ontario tax is $3,110 and the Toronto tax is $3,110, $6,220 in total. A first-time buyer who qualifies can get up to $6,220 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 4 Elsinore Path 514?
$15,450 at the asking price of $309,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 4 Elsinore Path 514?
The listing shows $743 a month, including heat, common elements, building insurance, water, parking and cac. Check the current fee in the status certificate.
How much is the property tax on 4 Elsinore Path 514?
The listing shows $1,619 a year for 2026, about $135 a month.
Is 4 Elsinore Path 514 priced above or below the median?
It is listed at $309,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $241,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 4 Elsinore Path 514?
Use the form on this page or call us. Quote MLS® W13771022. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 4 Elsinore Path 514 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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