$839,999

For sale

#133 251 Manitoba Street, Toronto (Mimico) - Single Family for Sale

#133 251 Manitoba Street, Toronto (Mimico), Ontario, M8Y0C7

2 beds2 baths1 parking1,100 ft²$730/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 22 days, fresher than the Toronto average of 57 days.

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Description

Welcome to this Beautiful 2-Storey Condo Townhouse At Empire Phoenix! This Bright 2-Bed, 1.5-Bath Garden Suite Offers Over 1,000 Sq Ft Of Thoughtfully Designed Living Space With No Wasted Space. A Private Entrance, Parking Included & An Unobstructed Park View. The Open-Concept Layout Features Huge Windows Bringing In Plenty Of Natural Light & A Fully Upgraded Kitchen Perfect For Everyday Living And Entertaining. Enjoy Exceptional Amenities Including An Outdoor Pool, Fitness Centre, Party Room, Rooftop Terrace, Courtyard & BBQ Stations. Ideally Located Minutes From The Lake, Gardiner Expressway, Queensway, Lakeshore, Mimico GO Station & TTC, With Dining, Shopping & Grand Avenue Park Just A Short Walk Away. A Perfect Opportunity For First-Time Buyers, Investors and Young Families. Must See To Truly Appreciate! (Unit is Currently Under Lease for $3500/Month until March 2027. Tenant Willing to stay.) (id:66096)

Property Details

MLS®: W14031144
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $730/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,775.17/yr

Rooms

Main level

Living room: 4.02 x 5.81 meters
Kitchen: 4.02 x 5.81 meters
Dining room: 4.02 x 5.81 meters

Second level

Bedroom: 3.44 x 4.02 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, Stove, Range, Dryer, Microwave, Oven - Built-In
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Toronto (Mimico) listings, avg age

57d

Price / ft²

$764

List price

$840K

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 22 days, which is 35 days fresher than the city average of 57. Act while there is still low competition.

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Listed by KING REALTY INC. · KARAN CHAHAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $839,999, about 9.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $164,081 (20% down, 25-yr amortization, stress-tested) — roughly 80% 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)

$839,999· $764/ft²

For sale

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Full Cost Breakdown

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Down Payment7.02% · $58,999.90

Min 7.02%50%

Mortgage payment$4,330/mo

↳ CMHC premium ($31,240 capitalized)

Property tax (est.)$315/mo

Condo fee$730/mo

Total monthly$5,375

Cash Needed to Close

Down payment (7.02%)$59,000

Land transfer tax$26,550

Est. closing costs$5,020

Total cash needed$90,570

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