$614,900

For saleJust listed

#609 200 Manitoba Street, Toronto (Mimico) - Single Family for Sale

#609 200 Manitoba Street, Toronto (Mimico), Ontario, M8Y3Y9

2 beds2 baths2 parking950 ft²$834/mo condo feeListed 3 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Listed at $614,900, it is attractively priced about 5% below the $649,900 median asking price in Toronto. It has been on the market 3 days, fresher than the Toronto average of 57 days.

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Description

Unit 609 at 200 Manitoba Street brings together dramatic scale and clear, south-facing views over Grand Avenue Park and Lake Ontario. Freshly painted throughout, this 1+den, two-bath loft features rare 17-foot floor-to-ceiling windows that fill the open layout with all-day light. And an added bonus is there are no upstairs neighbours! The only thing above you is the amazing on-site amenities. The private balcony looks directly across the park's green space, running track, and dog park, with the lake sitting right on the horizon. Inside, the main level flows naturally between the kitchen, dining, and living areas, while the den easily functions as a quiet work-from-home office or guest space. The suite also includes two parking spaces and a dedicated storage locker. Building amenities include a gym, sauna, squash court, party room, bike storage, visitor parking, and an outdoor rooftop terrace. Heating / Air unit updated 2024. It is hard to beat the walkability here. You're minutes on foot from Mimico GO station for a quick commute downtown, steps from waterfront trails and local cafes, and just a short drive to the Gardiner, highway networks, and the Airport. (id:66096)

Property Details

MLS®: W14139450
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 950 ft²
Style: Loft
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $834/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Kitchen: 1.81 x 3.79 meters
Living room: 5.33 x 3.79 meters
Dining room: 5.33 x 3.79 meters
Primary Bedroom: 4.08 x 3.79 meters
Den: 3.33 x 3.79 meters

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

Features

Appliances: Window Coverings
Exterior: Brick
Lot Features: Wooded area, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mimico) listings, avg age

57d

Price / ft²

$648

List price

$615K

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 3 days, which is 54 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX Jazz INC. · Grant Desjardine

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $614,900, about 6.8× the local median household income of $91,000.

Carrying it typically needs a household income of about $120,111 (20% down, 25-yr amortization, stress-tested) — roughly 32% 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)

$614,900· $648/ft²

For sale

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Full Cost Breakdown

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Down Payment5.93% · $36,490

Min 5.93%50%

Mortgage payment$3,207/mo

↳ CMHC premium ($23,136 capitalized)

Property tax (est.)$229/mo

Condo fee$834/mo

Total monthly$4,270

Cash Needed to Close

Down payment (5.93%)$36,490

Land transfer tax$17,546

Est. closing costs$4,345

Total cash needed$58,381

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