$599,000

For sale

#302 300 Manitoba Street, Toronto (Mimico) - Single Family for Sale

#302 300 Manitoba Street, Toronto (Mimico), Ontario, M8Y4G6

1 bed2 baths1 parking950 ft²$912/mo condo feeListed 48 days ago

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $599,000, it is attractively priced about 8% below the $650,000 median asking price in Toronto. It has been on the market 48 days, fresher than the Toronto average of 58 days.

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Description

Welcome to Unit 302 at 300 Manitoba Street - a stunning 1-bedroom, 2-bathroom hard loft showcasing 17-foot ceilings with a unique industrial inspired design and thoughtful upgrades throughout. Originally configured with a den, the space has been expertly transformed into a custom walk-in closet dressing room and a convenient second 3-piece bathroom, creating a highly functional and luxurious layout. Exposed concrete accents, modern finishes, a gas fireplace and custom design elements combine to deliver a stylish urban living experience. Enjoy an open concept living space and move-in-ready convenience with select furniture pieces included in the purchase price. The building's amenities include a rooftop garden terrace with a BBQ area, a fully equipped gym, sauna, party room, reading nook and visitor parking. Ideally located close to popular restaurants, cafes, parks, schools, TTC, GO train, and access to major highways, offering the perfect balance of city living and everyday convenience. A must-see for buyers seeking character, comfort, and an exceptional location. (id:66096)

Property Details

MLS®: W13805712
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $912/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax: $2,315/yr
Listed: 48 days ago

Features

Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$631

List price

$599K

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 48 days, which is 10 days fresher than the city average of 58. Act while there is still low competition.

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Listed by SKYBOUND REALTY · FRANK PENTO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $599,000, about 6.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 29% 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)

$599,000· $631/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$193/mo

Condo fee$912/mo

Total monthly$4,232

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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