$649,000

For saleJust listed

Book a showing

#1508 110 Marine Parade Drive, Toronto (Mimico) - Single Family for Sale

#1508 110 Marine Parade Drive, Toronto (Mimico), Ontario, M8V0B6

2 beds2 baths parking

#709 70 Annie Craig Drive, Toronto (Mimico), Ontario, M8V0G2

2 bd2 ba1 pk650 ft²+$509/mo

Listed by RIGHT AT HOME REALTY

#120 2261 Lake Shore Boulevard, Toronto (Mimico), Ontario, M8V3X1

For saleJust listed

Today

$819K

#120 2261 Lake Shore Boulevard, Toronto (Mimico), Ontario, M8V3X1

2 bd2 ba1 pk950 ft²+$982/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#3601 16 Brookers Lane, Toronto (Mimico), Ontario, M8V0A5

For saleJust listed

Yesterday

$750K

#3601 16 Brookers Lane, Toronto (Mimico), Ontario, M8V0A5

2 bd2 ba2 pk850 ft²+$935/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

#3506 16 Brookers Lane, Toronto (Mimico), Ontario, M8V0A5

For saleJust listed

Yesterday

$1.15M

#3506 16 Brookers Lane, Toronto (Mimico), Ontario, M8V0A5

3 bd2 ba2 pk1,100 ft²+$1072/mo

Listed by RE/MAX Escarpment Realty Inc., Brokerage

Investment analysis

Rental cashflow calculator

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.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

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.

$649,000

Toronto

Book a showing

$852/mo condo fee

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $649,000 asking price sits right in line with the $649,000 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 56 days.

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

Description

Experience elevated waterfront living in this bright and spacious two-bedroom, two-bathroom suite. The open-concept kitchen, dining and living area is designed for effortless entertaining, featuring 9-foot ceilings, floor-to-ceiling windows and three walkouts to an impressive 250 sq. ft. wraparound balcony. The primary bedroom offers a walk-in closet and private ensuite with a frameless glass shower. Ideally located steps from the lake, waterfront trails, parks, TTC, cafés and restaurants, with quick highway access and an easy commute downtown. (id:66096)

Property Details

MLS®: W14147254
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $852/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,629.39/yr
Listed: Today

Rooms

Main level

Living room: 3.61 x 2.82 meters
Kitchen: 3.3 x 5.11 meters
Primary Bedroom: 3.38 x 3.1 meters
Bedroom 2: 2.92 x 3.12 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, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick Facing
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mimico) listings, avg age

56d

Price / ft²

$764

List price

$649K

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 0 days, which is 56 days fresher than the city average of 56. Act while there is still low competition.

Set a price alert Book a showing

Listed by ROYAL LEPAGE SIGNATURE REALTY · ELENA SARADIDIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $649,000, about 8.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 60% 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)

$649,000· $764/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.15% · $39,900

Min 6.15%50%

Mortgage payment$3,377/mo

↳ CMHC premium ($24,364 capitalized)

Property tax (est.)$302/mo

Condo fee$852/mo

Total monthly$4,532

Cash Needed to Close

Down payment (6.15%)$39,900

Land transfer tax$18,910

Est. closing costs$4,447

Total cash needed$63,257

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice