$999,999

For sale

14 Manitoba Street, Toronto (Mimico) - Single Family for Sale

14 Manitoba Street, Toronto (Mimico), Ontario, M8Y1C7

2 beds2 baths3 parking1,300 ft²25 × 126 ft (3,138 sq ft) lot sizeListed 29 days ago

Overview

This 2-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $999,999, it is attractively priced about 19% below the $1,229,000 median asking price in Toronto. It has been on the market 29 days, fresher than the Toronto average of 57 days.

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Description

Welcome to 14 Manitoba St, a charming freehold home in the heart of Mimico offering comfortable living without any maintenance or POTL fees. The bright, open concept main floor is filled with natural light and designed for easy everyday living and entertaining. A standout feature of this property is the custom four-season, 10x10ft garden suite in the backyard. This versatile space is ideal as a home office, gym, creative studio, or private retreat for work or relaxation. Whether you work from home, need extra space for hobbies, or want a quiet escape, this bonus structure adds tremendous flexibility to the property. The backyard also includes a large matching storage shed, providing excellent space for bikes, tools, seasonal items, or outdoor gear. Enjoy your own peaceful backyard setting while being just steps to the shops, restaurants, and cafes along The Queensway and Mimico Village, including San Remo Bakery, Jimmy's Coffee, and Revolver Pizza. Commuting is simple with Mimico GO Station nearby, and downtown Toronto is only 10 to 15 minutes away. A rare opportunity to own a thoughtfully upgraded home in one of Etobicoke's most convenient neighbourhoods. (id:66096)

Property Details

MLS®: W13868994
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 3
Interior Size: 1,300 ft²
Lot Size: 25 × 126 ft (3,138 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Unfinished, Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $3,253.4/yr
Listed

Rooms

Main level

Living room: 3.58 x 3.48 meters
Dining room: 3.81 x 3.81 meters
Kitchen: 3.18 x 4.27 meters
Other: 2.74 x 3.96 meters

Second level

Primary Bedroom: 3.84 x 3.76 meters
Bedroom 2: 2.67 x 3.4 meters

Lower level

Laundry room: 3.35 x 4.01 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Water Heater
Foundation: Concrete
Exterior: Aluminum siding

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (Mimico) listings, avg age

57d

Price / ft²

$769

List price

$1000K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Mimico) has been listed for 29 days, which is 28 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · MICHAEL SOTOADEH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $999,999, about 11.0× the local median household income of $91,000.

Carrying it typically needs a household income of about $195,335 (20% down, 25-yr amortization, stress-tested) — roughly 115% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$999,999· $769/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,999.90

Min 7.50%50%

Mortgage payment$5,128/mo

↳ CMHC premium ($37,000 capitalized)

Property tax (est.)$271/mo

Total monthly$5,399

Cash Needed to Close

Down payment (7.50%)$75,000

Land transfer tax$32,950

Est. closing costs$5,500

Total cash needed$113,450

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