$485,999

For sale

#519 251 Manitoba Street, Toronto (Mimico) - Single Family for Sale

#519 251 Manitoba Street, Toronto (Mimico), Ontario, M8Y0C7

1 bed1 bath1 parking250 ft²$401/mo condo feeListed 150 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $485,999, it is attractively priced about 25% below the $650,000 median asking price in Toronto.

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Description

Welcome to the Luxury Empire Phoenix Condo at 251 Manitoba St. This modern suite features 1 Bedroom,1 Bath, 1Underground (corner) Parking right next to your Locker and Low Maintenance. Modern open-concept layout with soaring 9-ft ceilings, floor-to-ceiling windows, and an abundant of natural light throughout. Enjoy a sleek modern kitchen cabinetry with quartz countertops, a modern backsplash, upgraded stainless steel appliances and a high end water filtration system for drinking. Spacious Primary Bedroom with a large walk-in closet and custom clothing organizer. Enjoy your open-concept Living Dinning with walkout to Large balcony. Laminate flooring throughout and custom window coverings. Includes 1 premium oversized corner parking space and right next to you locker. Friendly Community with Tree-Lined Streets, Parks, Waterfront Recreation, Restaurants, Cafes, LCBO, TTC and Mimico Go. This community has it all. Easily get Downtown Via Transit, Bike or Hwy. Enjoy your resort style Amenities which Include A State-of-the-Art Fitness Center, fully equipped gym, yoga/spin studio, Rooftop Deck, Spa, Relax Zone, Saunas, Meeting Room, Outdoor Heated Infinity Pool With Cabanas, BBQ, Lounge Area, And 24-Hour Concierge. (id:66096)

Property Details

MLS®: W13420870
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $401/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,025.7/yr
Listed: 150 days ago

Rooms

Main level

Living room: 3.72 x 3.6 meters
Dining room: 3.72 x 3.6 meters
Kitchen: 3.02 x 2.3 meters
Primary Bedroom: 3.66 x 3 meters

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

Features

Appliances: All, Water Treatment, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

150d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$1,948

List price

$486K

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) 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 RE/MAX REAL ESTATE CENTRE INC. · SIMON JOSEPH CAMBER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $485,999, about 5.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $94,933 (20% down, 25-yr amortization, stress-tested) — roughly 4% 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)

$485,999· $1,948/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,299.95

Min 5%50%

Mortgage payment$2,560/mo

↳ CMHC premium ($18,468 capitalized)

Property tax (est.)$169/mo

Condo fee$401/mo

Total monthly$3,129

Cash Needed to Close

Down payment (5%)$24,300

Land transfer tax$12,390

Est. closing costs$3,958

Total cash needed$40,648

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