$597,000

$619,000For salePrice drop↓ $22,000 (4%)

#327 2261 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X1

1 bd2 ba1 pk750 ft²+$863/mo

Listed by RE/MAX REALTY SERVICES INC.

5 Marine Parade Drive, Toronto (Mimico), Ontario, M8V4B4

For saleJust listed

Today

$2.50M

5 Marine Parade Drive, Toronto (Mimico), Ontario, M8V4B4

3 bd5 ba2 pk2,375 ft²+$2063/mo

Listed by ORION REALTY CORPORATION

#511 2269 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X6

For saleJust listed

Yesterday

$799K

#511 2269 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X6

2 bd2 ba1 pk1,100 ft²+$1153/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#WL08 80 Marine Parade Drive, Toronto (Mimico), Ontario, M8V0A3

For saleJust listed

Yesterday

$879K

#WL08 80 Marine Parade Drive, Toronto (Mimico), Ontario, M8V0A3

2 bd2 ba2 pk1,100 ft²+$1035/mo

Listed by PROPERTY.CA INC.

Investment analysis

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$597,000

Toronto

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712-11 Superior Ave Avenue, Toronto (Mimico) - Single Family for Sale

712-11 Superior Ave Avenue, Toronto (Mimico), Ontario, M8V0A7

2 beds2 baths1 parking750 ft²$802/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $597,000, it is attractively priced about 8% below the $650,000 median asking price in Toronto. It has been on the market 35 days, fresher than the Toronto average of 58 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Experience Elevated Waterfront Living In This Exceptional Bright Corner Suite With Breathtaking Panoramic Views Of Lake Ontario, The Marina, Toronto Island & The Iconic CN Tower Skyline. This Highly Functional 2-Bedroom Suite Features An Open-Concept Layout With Hardwood Flooring Throughout, Large Windows In Both Bedrooms, A Full 4-Piece Bath Plus A Convenient 2-Piece Bath. The Modern Kitchen Is Designed For Both Everyday Living & Entertaining, Featuring Granite Countertops, Stainless Steel Appliances & A Centre Island With Additional Seating & Prep Space. Step Out Onto The Expansive Walk-Out Balcony And Take In Spectacular Lake & Downtown Skyline Views. The Primary Bedroom Offers An Upgraded Closet, While The Second Bedroom Includes A Murphy Bed, Included For Added Flexibility & Convenience. Parking & Locker Included. Ideally Located Near The Waterfront, Shops, Cafés, Restaurants & Mimico GO Station. A Rare Opportunity To Own A Spacious, Functional Corner Suite With Unforgettable Views & Exceptional Waterfront Lifestyle! (id:66096)

Property Details

MLS®: W13852752
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $802/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,639.55/yr
Listed: 35 days ago

Rooms

Flat

Primary Bedroom: 3.66 x 2.82 meters
Bedroom 2: 3.35 x 2.49 meters
Kitchen: 3.68 x 2.2 meters
Dining room: 5.44 x 4.62 meters
Living room: 5.44 x 4.62 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, Water purifier, Dishwasher, Stove, Range, Dryer, Microwave, Blinds
Flooring: Hardwood
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$797

List price

$597K

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 35 days, which is 23 days fresher than the city average of 58. Act while there is still low competition.

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Listed by CIRCLE REAL ESTATE · SAHIL BANSAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $597,000, about 7.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $116,615 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$597,000· $797/ft²

For sale

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Full Cost Breakdown

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Down Payment5.81% · $34,700

Min 5.81%50%

Mortgage payment$3,117/mo

↳ CMHC premium ($22,492 capitalized)

Property tax (est.)$220/mo

Condo fee$802/mo

Total monthly$4,139

Cash Needed to Close

Down payment (5.81%)$34,700

Land transfer tax$16,830

Est. closing costs$4,291

Total cash needed$55,821

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