$1,150,000

For saleJust listed

#3506 16 Brookers Lane, Toronto (Mimico) - Single Family for Sale

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

3 beds2 baths2 parking1,100 ft²$1,072/mo condo feeListed Yesterday

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 56 days.

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Description

Rarely offered south-facing two-bedroom suite on the 35th floor of Nautilus at Waterview, featuring unobstructed panoramic views of Lake Ontario and the Toronto skyline. The open-concept living and dining area is framed by floor-to-ceiling windows and opens to two balconies offering approximately 368 sq. ft. of outdoor space-perfect for enjoying spectacular sunsets and lake views. The renovated chef's kitchen features stainless-steel appliances (2025), a large quartz-topped island, marble backsplash and pendant lighting. Replaced laminate flooring, 9- foot ceilings and abundant natural light enhance the suite's modern, airy feel. The desirable split-bedroom layout provides excellent privacy. The primary retreat offers a private ensuite, walk-in closet and balcony access. The spacious second bedroom also includes a private walkout to the balcony. Concealed laundry includes a full-size stacked washer and dryer with additional storage. Includes two premium side-by-side parking spaces. Exceptional amenities include a gym, indoor pool, hot tub, sauna, movie theatre, outdoor terrace with BBQs and 24-hour concierge. Steps to the Martin Goodman Trail, waterfront bike paths, restaurants, cafes, shopping and LCBO. Convenient access to TTC, GO Transit, downtown Toronto, major highways and airports. An exceptional waterfront residence offering a luxurious resort-inspired lifestyle. (id:66096)

Property Details

MLS®: W14141364
Property Type: Single Family
Zoning: R370
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $1,072/mo
Fee Includes: Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Kitchen: 3.51 x 3.51 meters
Dining room: 3.51 x 3.05 meters
Den: 2.51 x 1.75 meters
Living room: 3.96 x 3.51 meters
Primary Bedroom: 3.63 x 3.18 meters
Bedroom: 3.15 x 3.1 meters
Foyer: 3.66 x 1.22 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
Foundation: Concrete
Exterior: Concrete
Lot Features: Flat site, Conservation/green belt, Elevator, Balcony, 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

$1,046

List price

$1.15M

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 3-bed single family in Toronto (Mimico) has been listed for 1 day, which is 55 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX Escarpment Realty Inc., Brokerage · MATTHEW REGAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $1,150,000, about 14.6× the local median household income of $79,000.

Carrying it typically needs a household income of about $224,635 (20% down, 25-yr amortization, stress-tested) — roughly 184% 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)

$1,150,000· $1,046/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $90,000

Min 7.83%50%

Mortgage payment$5,877/mo

↳ CMHC premium ($42,400 capitalized)

Property tax (est.)$415/mo

Condo fee$1,072/mo

Total monthly$7,364

Cash Needed to Close

Down payment (7.83%)$90,000

Land transfer tax$38,950

Est. closing costs$5,950

Total cash needed$134,900

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