



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,049,000
Toronto
15 Burlington Street, Toronto (Mimico), Ontario, M8V2L1
This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $1,049,000, it is attractively priced about 15% below the $1,229,000 median asking price in Toronto.
Set on a 25 x 125 ft lot on a quiet, tree-lined street in Mimico, this extensively updated 3-bedroom, 2-bathroom home offers approximately 1,500 sq ft of thoughtfully designed living space just moments from the lake. The open-concept main floor is filled with natural light and anchored by a custom fireplace feature wall, flowing into a fully remodelled kitchen with quartz countertops, custom cabinetry, and brand-new stainless steel appliances. Extensive updates include renovated bathrooms, flooring, windows, furnace, air conditioning, ESA-certified electrical, front and rear decks, and cosmetic improvements throughout the interior and exterior, allowing the next owner to move in without taking on major projects. Upstairs, three well-proportioned bedrooms provide flexibility for a growing household, guests, or a dedicated home office. Outside, the deep backyard extends the living space with a spacious deck and plenty of room to entertain, garden, or simply enjoy having outdoor space that's increasingly difficult to find. Front pad parking is already in place, with the potential for additional off-street parking at the rear if a new fence were installed along the property line. Just steps from the waterfront and close to local restaurants, the beach, Mimico GO Station, and the QEW, this home offers the rare combination of turnkey condition, meaningful outdoor space, and an established lakeside neighbourhood-without the road noise of nearby Lake Shore Boulevard. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 129 days on market, against an average age of 58 days across the listings currently for sale in this city
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.
This 3-bed single family in Toronto (Mimico) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,049,000, about 13.3× the local median household income of $79,000.
Carrying it typically needs a household income of about $204,906 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8V)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice