Bind property of one instantiated control

   
   

<Window xmlns="http://schemas.microsoft.com/winfx/2006/xaml/presentation"
  xmlns:x="http://schemas.microsoft.com/winfx/2006/xaml"
  Width="460" Height="200"
  Title="Binding the Properties of Two Controls">
    <DockPanel>
      <TextBlock>Choose a Color:</TextBlock>
      <ComboBox Name="myComboBox" SelectedIndex="0">
        <ComboBoxItem>Green</ComboBoxItem>
        <ComboBoxItem>Blue</ComboBoxItem>
        <ComboBoxItem>Red</ComboBoxItem>
      </ComboBox>
      <Canvas>
        <Canvas.Background>
          <Binding ElementName="myComboBox" Path="SelectedItem.Content"/>
        </Canvas.Background>
      </Canvas>
    </DockPanel>
</Window>