$999,999

For sale

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

59 Manitoba Street, Toronto (Mimico), Ontario, M8Y1E1

3 beds2 baths5 parking900 ft²40 × 125 ft (5,000 sq ft) lot sizeListed 27 days ago

Overview

This 3-bedroom, 2-bathroom home in Toronto is for sale offering roughly 900 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 27 days, fresher than the Toronto average of 57 days.

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Description

Beautifully renovated bungalow in the heart of Mimico, situated on a premium 40 x 125 ft lot with a private driveway, spacious deck, and large detached garage. The sun-filled main level features an open-concept layout with a modern kitchen, updated bathroom, and comfortable bedrooms. The finished lower-level basement apartment offers exceptional flexibility with its own private entrance, second kitchen, living area, bedroom, bathroom, and large above-grade windows. The shared laundry room is conveniently accessible to both levels. Move-in ready and meticulously maintained. Ideally located within walking distance to local stores and the GO Station, with quick access to the Lake and QEW. (id:66096)

Property Details

MLS®: W13878508
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 5
Interior Size: 900 ft²
Lot Size: 40 × 125 ft (5,000 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 6.35 x 3.25 meters
Dining room: 6.35 x 3.25 meters
Kitchen: 3.85 x 2.85 meters
Primary Bedroom: 3.95 x 3.05 meters
Bedroom: 2 x 2.95 meters

Lower level

Recreational, Games room: 5.98 x 3.5 meters
Kitchen: 3.15 x 2.8 meters
Bedroom: 4.03 x 2.7 meters
Laundry room

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, Stove, Oven, Dryer, Cooktop, Blinds
Flooring: Hardwood
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Mimico) listings, avg age

57d

Price / ft²

$1,111

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 3-bed single family in Toronto (Mimico) has been listed for 27 days, which is 30 days fresher than the city average of 57. Act while there is still low competition.

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Listed by CENTURY 21 INNOVATIVE REALTY INC. · SHAFI SIDDIQUI

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· $1,111/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.)$409/mo

Total monthly$5,538

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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