$650,000

For sale

#608 185 Legion Road North, Toronto (Mimico) - Single Family for Sale

#608 185 Legion Road North, Toronto (Mimico), Ontario, M8Y0A1

3 beds2 baths1 parking950 ft²$1,034/mo condo feeListed 52 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Its $650,000 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 Tides of Mystic Point! This bright and spacious 2+1 bedroom condo offers 940 square feet of well-designed living space, combining comfort and style. The south-facing unit boasts two balcony walkouts with partial lake views overlooking the outdoor pool, while floor-to-ceiling windows bathe the home in natural light. The primary bedroom features a 4-piece ensuite and a walk-in closet for added convenience. The versatile den, currently used as a third bedroom, can easily adapt to your needs and the bookshelves serving as a divider can stay or be removed, as you prefer. Additional features include ensuite laundry, parking, and a locker for extra storage. Residents enjoy access to a suite of top-tier amenities, including an outdoor pool, gym, sauna, outdoor walking track, guest suites, party room, theatre, library, and both indoor and outdoor hot tubs. With quick access to major highways, the waterfront, and all essential conveniences, this is the perfect place to call home! (id:66096)

Property Details

MLS®: W13786708
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,034/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,700/yr
Listed: 52 days ago

Rooms

Flat

Kitchen: 3.35 x 3.05 meters
Living room: 6.3 x 3.34 meters
Primary Bedroom: 5.02 x 3 meters
Bedroom: 3.05 x 2.74 meters
Dining room: 6.3 x 3.34 meters
Den: 2.74 x 2.74 meters

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

Features

Flooring: Ceramic
Foundation: Block
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

52d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$685

List price

$650K

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 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 REAL BROKER ONTARIO LTD. · CANDACE MACINNIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $650,000, about 7.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 40% 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)

$650,000· $685/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $40,000

Min 6.15%50%

Mortgage payment$3,382/mo

↳ CMHC premium ($24,400 capitalized)

Property tax (est.)$225/mo

Condo fee$1,034/mo

Total monthly$4,641

Cash Needed to Close

Down payment (6.15%)$40,000

Land transfer tax$18,950

Est. closing costs$4,450

Total cash needed$63,400

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