$656,600

For sale

#3301 16 BROOKERS Lane, Toronto (Mimico) - Single Family for Sale

#3301 16 BROOKERS Lane, Toronto (Mimico), Ontario, M8V0A5

2 beds2 baths1 parking850 ft²$841/mo condo feeListed 52 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Its $656,600 asking price sits right in line with the $650,000 median in Toronto. It has been on the market 52 days, fresher than the Toronto average of 58 days.

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Description

Welcome to "The Nautilus at Humber Bay Shores" This Fantastic Corner Suite has Two spacious Bedrooms and 2 Washrooms. Most Sought After Layout in the Building. Open Concept Living Room and Dining Room which leads to a Double Balcony with Gorgeous Views! Gourmet Kitchen with Breakfast Bar. The Primary Bedroom has walk-in closet and a 3 piece ensuite. It also has a Extra Large Bedroom with spacious closet and Large Windows. Amenities includes: Concierge, Meeting Rooms, Rooftop Deck/Garden, Outdoor Pool, Gym, and Guest Suites. Located in one of the most Scenic Waterfront Communities. This Building is surrounded by Waterfront Trails, Cafes Parks, and Restaurants. 24 Hour Security!! Bus at Door!! Shows 10+++ (id:66096)

Property Details

MLS®: W13781798
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: No Garage
Condo Fee: $841/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,267/yr
Listed: 52 days ago

Rooms

Flat

Kitchen: 5.4 x 5.15 meters
Living room: 5.12 x 5.09 meters
Dining room: 5.12 x 5.09 meters
Primary Bedroom: 4.66 x 4.36 meters
Bedroom 2: 3.89 x 3.75 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$773

List price

$657K

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 52 days, which is 6 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HOMELIFE/RESPONSE REALTY INC. · CHARLES EDWARD PARSONS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $656,600, about 8.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $128,257 (20% down, 25-yr amortization, stress-tested) — roughly 62% 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)

$656,600· $773/ft²

For sale

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Full Cost Breakdown

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Down Payment6.19% · $40,660

Min 6.19%50%

Mortgage payment$3,415/mo

↳ CMHC premium ($24,638 capitalized)

Property tax (est.)$272/mo

Condo fee$841/mo

Total monthly$4,528

Cash Needed to Close

Down payment (6.19%)$40,660

Land transfer tax$19,214

Est. closing costs$4,470

Total cash needed$64,344

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