$399,900

For sale

#1022 165 Legion Road North, Toronto (Mimico) - Single Family for Sale

#1022 165 Legion Road North, Toronto (Mimico), Ontario, M8Y0B3

1 bed1 bath1 parking250 ft²$582/mo condo feeListed 50 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $399,900, it is attractively priced about 38% below the $649,900 median asking price in Toronto. It has been on the market 50 days, fresher than the Toronto average of 57 days.

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Description

LIVE THE MIMICO LIFESTYLE AT CALIFORNIA CONDOS! The amenities here are truly impressive! This bright 1-bedroom suite offers a smart, efficient layout designed for easy, low-maintenance living. The open-concept kitchen flows into the combined living and dining area, while the bedroom and 4-piece bath provide everything you need in a well-designed space. Step outside to your private north-facing balcony with city views overlooking the outdoor pool. Even the parking adds to the convenience, with the included space ideally located very close to the elevators. Where California Condos really stands out is the lifestyle! Take in spectacular lake and city views from the impressive Sky Lounge on the 31st floor, or enjoy an exceptional array of amenities including a fully equipped gym and fitness center, outdoor swimming pool, indoor pool, sauna, rooftop terrace with BBQ area, party room, games room with billiards, media/theatre room, library, guest suites, meeting/function rooms, bike storage and ample visitor parking. Located in the heart of Mimico with waterfront trails, parks, transit and everyday conveniences close at hand. An ideal opportunity for a first-time buyer, investor or anyone looking for a convenient, lock-and-leave lifestyle in a vibrant neighbourhood with amenities that truly set this building apart. (id:66096)

Property Details

MLS®: W13789030
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $582/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,749.47/yr
Listed: 50 days ago

Rooms

Main level

Kitchen: 3.81 x 4.19 meters
Living room: 3.8 x 4.19 meters
Bedroom: 2.97 x 2.72 meters
Bathroom: 2.79 x 1.39 meters
Foyer: 0.96 x 5.31 meters

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

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Tile, Laminate, Carpeted
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (Mimico) listings, avg age

57d

Price / ft²

$1,603

List price

$400K

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 1-bed single family in Toronto (Mimico) has been listed for 50 days, which is 7 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE RCR REALTY · ANGELA SARDELLA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $399,900, about 4.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$399,900· $1,603/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$146/mo

Condo fee$582/mo

Total monthly$2,834

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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