$595,000

For sale

#2524 165 Legion Road, Toronto (Mimico) - Single Family for Sale

#2524 165 Legion Road, Toronto (Mimico), Ontario, M8Y0B3

2 beds2 baths1 parking850 ft²$990/mo condo feeListed 31 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $595,000, it is attractively priced about 8% below the $650,000 median asking price in Toronto. It has been on the market 31 days, fresher than the Toronto average of 58 days.

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Description

Experience elevated condo living in this beautifully designed 2-bedroom, 2-bathroom corner suite offering breathtaking views of Lake Ontario and the Toronto skyline. Featuring soaring 10-foot ceilings and an efficient, open-concept layout, this bright and airy residence maximizes both space and natural light. The modern kitchen flows seamlessly into the living and dining areas, while the private balcony provides the perfect setting to enjoy spectacular lake and city views. The spacious primary bedroom features custom closet organizers for exceptional storage, and both generously sized bedrooms offer the rare convenience of their own ensuite bathrooms. California shutters throughout add timeless style and privacy. Residents enjoy an outstanding selection of premium amenities, including indoor and outdoor swimming pools, a fully equipped fitness centre, sauna, theatre room, BBQ terrace, elegant party room, and 24-hour concierge service. Ideally located just minutes from the waterfront, parks, trails, restaurants, cafés, shopping, transit, and major highways, this exceptional suite offers the perfect blend of luxury, comfort, and convenience in one of Toronto's most sought-after waterfront communities. (id:66096)

Property Details

MLS®: W13863868
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $990/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,654/yr
Listed: 31 days ago

Rooms

Flat

Living room: 6.77 x 3.42 meters
Bedroom 2: 2.77 x 2.47 meters
Primary Bedroom: 3.81 x 2.99 meters
Kitchen: 6.77 x 3.42 meters
Dining room: 6.77 x 3.42 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, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$700

List price

$595K

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 31 days, which is 27 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · JUSTIN DANIEL ENGLISH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $595,000, about 6.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$595,000· $700/ft²

For sale

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Full Cost Breakdown

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Down Payment5.80% · $34,500

Min 5.80%50%

Mortgage payment$3,108/mo

↳ CMHC premium ($22,420 capitalized)

Property tax (est.)$221/mo

Condo fee$990/mo

Total monthly$4,319

Cash Needed to Close

Down payment (5.80%)$34,500

Land transfer tax$16,750

Est. closing costs$4,285

Total cash needed$55,535

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