$779,000

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#505 10 Drummond Street, Toronto (Mimico) - Single Family for Sale

#505 10 Drummond Street, Toronto (Mimico), Ontario, M8V1Y8

2 beds3 baths2 parking1,100 ft²$538/mo condo feeListed 74 days ago

Overview

This 2-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space.

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Description

Welcome to stylish urban living in the heart of Mimico! **NOTE 2 PARKING SPOTS** This bright and spacious 3-storey stacked townhouse offers 2 bedrooms, 3 bathrooms, 2 private balconies and an incredible private rooftop terrace - the ultimate outdoor space for entertaining, relaxing, summer BBQs or enjoying warm evenings under the stars. Freshly painted from top to bottom and filled with natural light, this move-in-ready home offers a functional multi-level layout with a great balance of comfortable living space and privacy, while multiple outdoor areas make this home truly stand out. Thoughtful upgrades include Hunter Douglas automated smart blinds, high-end appliances and hard-surface flooring throughout, while two owned parking spaces and a large storage locker add valuable everyday convenience. Location is hard to beat! With Mimico GO Station directly across the street, commuting is a breeze, getting you to Union Station in 15 minutes, while the iconic SanRemo Bakery is just down the street. Enjoy easy access to restaurants, shopping, parks, the Waterfront, and everything Mimico has to offer! (id:66096)

Property Details

MLS®: W13706128
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 2
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $538/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,736.81/yr
Listed: 74 days ago

Rooms

Second level

Bedroom 2: 2.81 x 2.61 meters
Primary Bedroom: 4.49 x 3.28 meters

Main level

Dining room: 4.41 x 1.98 meters
Living room: 5.64 x 3.6 meters
Kitchen: 4.56 x 2.98 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave, Window Coverings, Garage door opener remote(s), Water Heater
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Lighting, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

74d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$709

List price

$779K

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) 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 CREDIT VALLEY REAL ESTATE · SCOTT VINCENT GRISCTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $779,000, about 9.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $152,166 (20% down, 25-yr amortization, stress-tested) — roughly 93% 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)

$779,000· $709/ft²

For sale

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Full Cost Breakdown

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Down Payment6.79% · $52,900.00

Min 6.79%50%

Mortgage payment$4,026/mo

↳ CMHC premium ($29,044 capitalized)

Property tax (est.)$311/mo

Condo fee$538/mo

Total monthly$4,875

Cash Needed to Close

Down payment (6.79%)$52,900

Land transfer tax$24,110

Est. closing costs$4,837

Total cash needed$81,847

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#505 10 Drummond Street, Toronto (Mimico) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M8V)

Book a showing

Full Cost Breakdown