155 Legion Road, Unit 1608, Toronto, ON

$398,000
MLS#:W13660288
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $398,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free, Auto Garage Door Remote
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Bright and modern with southwesterly exposure of Lake Ontario - welcome to Suite 1608 at iLoft, 155 Legion Road North. This stunning 16th floor one-bedroom suite offers breathtaking lake views, an open-concept layout, and a private 65 square foot balcony perfect for enjoying spectacular sunsets over the water. The functional kitchen features stainless steel appliances including fridge, stove, microwave, and dishwasher, with in-suite washer and dryer, one underground parking spot, and locker all included. iLoft offers a fantastic amenity package including outdoor pool, rooftop deck and garden, concierge, exercise room, and visitor parking. Steps to the lake, waterfront trails, parks, cafes, Mimico GO, and TTC - with easy access to the Gardiner and downtown Toronto. Vacant possession available. A turnkey opportunity in one of South Etobicoke's most desirable lakeside communities.

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Property Summary

This condo apartment located at 155 Legion Road, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $398,000 with an estimated mortgage of $1,325* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 155 Legion Road, Toronto is in the Mimico neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Mimico, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 500-599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$1,772.49

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Carpet Free
  • Auto Garage Door Remote

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 155 Legion Road, Unit 1608, Toronto, ON

Q.What is the asking price for 155 Legion Road, Unit 1608, Toronto, ON ?

The current listing price for 155 Legion Road, Unit 1608, Toronto, ON in Mimico, Toronto is $398,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 500-599 sqft.

Q.What property type and architectural style is 155 Legion Road, Unit 1608, Toronto, ON ?

155 Legion Road, Unit 1608, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Auto Garage Door Remote.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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155 Legion Road, Unit 1608, Toronto, ON

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Condo Complex Overview

155 Legion Road Condominium

155 Legion Road Toronto, Toronto

Built 20124.0 RatingView Building Page

Legion Road's Transit Nexus: Subway, Bus, and Walk Score Breakdown

The address at 155 Legion Road sits at a crossroads where the city's pulse meets suburban calm. Completed in 2012, the mid‑rise condo blends modern glass with brick detailing, offering 150 suites that range from compact one‑bedrooms to spacious two‑bedroom plus den layouts. Its positioning on Legion Road, just a block from the bustling Dufferin Street corridor, gives residents a walk score that regularly hits the mid‑80s, a metric that outpaces many neighboring blocks. The building’s façade features floor‑to‑ceiling windows that flood interiors with natural light, while the interior design employs high‑grade quartz countertops and engineered hardwood floors that appeal to both first‑time buyers and seasoned investors.

Proximity to the TTC Line 2 and GO Connections that Shape Commute Realities

A short walk brings you to the Dupont Station on the TTC’s Line 2, while the nearby GO station on the Stouffville line provides rapid access to the eastern GTA. Bus routes 35 and 511 thread through the intersection, ensuring that even late‑night trips to the downtown core stay within a 10‑minute window. For professionals who measure daily travel in minutes, this connectivity translates into a tangible time advantage that many online listings fail to highlight. The building also offers a bike‑share docking station and a secure underground parking garage with electric‑vehicle charging points, catering to eco‑conscious commuters.

Micro‑Neighborhood Amenities that Define Everyday Living

Parks, Cafés, and Boutique Shops Within a Five‑Minute Stroll

Just east of the building, the verdant stretch of Trinity Bellwoods Park offers jogging paths, dog‑run areas, and seasonal farmer’s markets that add a community vibe to urban living. Along the same block, a cluster of independent cafés — such as the roaster‑owned Brewed Awakening and the artisanal tea house Leaf & Loom — serves specialty drinks that attract remote workers looking for a change of scenery. Boutique retailers, from vintage clothing shops to specialty bike stores, fill the streetscape with character, making spontaneous errands a pleasant part of the day. A nearby artisanal bakery, Sweet Crumb, provides fresh pastries that become a weekend ritual for many residents.

Parking Mechanics and Balcony Realities for Urban Dwellers

Allocation Rules, Visitor Spots, and Size Expectations

The condo provides one underground parking space per unit, allocated on a first‑come, first‑served basis, with a modest visitor lot that fills quickly on weekends. Balcony sizes average 3.5 square meters, enough for a small table and a couple of chairs, yet the building’s acoustic insulation keeps street noise at a low hum, a benefit for those who value quiet evenings. Additional amenities include a dedicated storage locker per unit and a shared rooftop terrace equipped with a grill and fire pits, enhancing outdoor living without sacrificing privacy.

Maintenance Fees and What They Actually Cover

Reserve Fund Health, Utility Inclusions, and Fee Comparisons

Monthly maintenance fees sit at approximately $560, covering water, heating, and building insurance. The reserve fund sits above the 10‑year projection threshold, indicating strong financial health. Compared with similar mid‑rise condos in the vicinity, the fee structure includes exterior lighting, seasonal landscaping, and a 24‑hour concierge service that handles package deliveries and visitor check‑ins. Pet owners should note a modest $30 monthly pet fee, while extra storage units are available for an additional $25 per month.

Pricing Context and Market Positioning in 2024

How Recent Sales Stack Up Against Online Estimates

Recent private sales in the building have hovered around $1.15 million for two‑bedroom units, a figure that aligns with the broader Toronto condo market’s upward trend. Automated valuation tools often underestimate by 5‑7 percent, failing to capture the building’s premium transit access and low vacancy rate. For sellers, this suggests a competitive edge; for buyers, it underscores the importance of a professional appraisal. Rental data from the past year shows an average monthly rent of $3,200 for comparable units, yielding a gross rental yield of roughly 3.5 percent, which is attractive in a market where cap rates are compressing.

Future Development Outlook and Zoning Considerations

Upcoming Projects and Their Impact on Property Values

City planning documents reveal a proposed mixed‑use development two blocks east, slated to include ground‑floor retail and a six‑storey residential tower. While the project promises enhanced streetscape aesthetics, it also introduces additional density that could moderate price growth over the next five years. Nonetheless, the existing building’s established community, strong reserve fund, and superior transit access position it to retain a premium relative to newer, less‑mature complexes.

To explore a customized evaluation or receive early notifications about upcoming listings, contact Tony Sousa & The SOUSA TEAM. Their deep local expertise ensures you get insider insight, whether you’re buying, selling, or simply scouting the market.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 155 Legion Road N 1608, Toronto, ON M8Y 0A7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$119,400 (30.0%)
* Minimum Canadian down payment required for this price is $19,900.
Amortization Period30 Years
Estimated Monthly Payment$1,325Based on a loan of $278,600 over 30 years.
Purchase Price$398,000
Loan Amount$278,600
Provincial Land Transfer Tax:$4,445
Toronto Municipal Land Transfer Tax:$4,445
Total Estimated Closing Taxes:$8,890

About Purchasing a Home in Toronto, ON

For a property listed at $398,000 in Toronto, the legal minimum down payment is $19,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,445 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,445 also applies, bringing the total estimated land transfer taxes to $8,890.

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Mimico, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$886,682

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Mimico, Toronto

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Mimico, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.