$519,000

For sale

#203 16 Brookers Lane, Toronto (Mimico) - Single Family for Sale

#203 16 Brookers Lane, Toronto (Mimico), Ontario, M8V0A5

1 bed1 bath1 parking650 ft²$625/mo condo feeListed 116 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $519,000, it is attractively priced about 20% below the $650,000 median asking price in Toronto.

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Description

Exquisite Corner Unit 'Nautilus' in the heart of Humber Bay ! This beautifully appointed 624 sqft corner unit boasts a massive wrap-around 700 Sqft terrace accessible from both the bedroom and living room, offering serene views of lush trees and the lake from the side. With floor-to-ceiling windows, natural light fills every room, creating a bright and airy atmosphere. Enjoy the luxury of a freshly painted interior and brand-new flooring, ready for you to move in and make it your own. World-class building amenities include: 24-hour concierge, Indoor pool, sauna, and spa areas, Fully equipped fitness centre with cardio, yoga, and aerobic space, Party room, theatre, cyberlounge, and sports lounge with billiards, and an amazing outdoors for your summer parties. Locker and parking includedPerfectly situated for convenience-steps from shopping, dining, and transit this is corner-unit living at its finest with panoramic terrace views and full lifestyle amenities. Some pictures of the terrasse are virutally stagged (id:66096)

Property Details

MLS®: W13557602
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $625/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,300/yr

Rooms

Main level

Living room: 3.5 x 3.42 meters
Dining room: 3.5 x 3.5 meters
Kitchen: 2.3 x 2.3 meters
Primary Bedroom: 3.02 x 2.9 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 meter, Dishwasher, Stove, Range, Dryer, Microwave, Window Coverings
Flooring: Laminate, Carpeted
Exterior: Concrete
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

116d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$799

List price

$519K

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) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · WIDAD HJIAJ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $519,000, about 6.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$519,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$192/mo

Condo fee$625/mo

Total monthly$3,545

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$13,710

Est. closing costs$4,057

Total cash needed$44,667

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