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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 $850,000 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.
Welcome to Penthouse 1-16 Brookers Lane, a stunning waterfront residence offering exceptional natural light and breathtaking, unobstructed lakefront views. This sun-filled 2 bedroom, 2 bathroom penthouse offers an ideal sense of space and flow, complemented by two private balconies overlooking the skyline and Lake Ontario. Residents enjoy full-service, resort-style amenities including 24-hour concierge and security, an indoor pool, fitness centre, sauna, rooftop deck and garden, party and media rooms, guest suites, and visitor parking, all within a well-managed building. Additional amenities include community BBQ areas, a game room, bike storage and car wash facilities available at an additional cost. Elevator access is provided throughout the building, and water is included in the maintenance fees. Designed for both everyday living and entertaining, the open-concept living and dining area features floor-to-ceiling windows, chevron hardwood flooring, an ensuite laundry and seamless indoor-outdoor access. The chef-inspired kitchen is beautifully appointed with granite countertops, integrated appliances, sleek cabinetry, and a centre island, making it ideal for hosting or unwinding. The primary bedroom is a serene retreat with a walk-in closet and a private three-piece ensuite. The second bedroom offers flexibility for guests, a home office, or growing needs and is conveniently located near a full four-piece bathroom. Step outside to either balcony to enjoy the lake breeze and panoramic views. Ideally situated in the vibrant Humber Bay Shores community, this home is just steps from waterfront trails, Humber Bay Park, marinas, cafés, restaurants, grocery stores, and transit, with quick access to Lake Shore Boulevard, the Gardiner Expressway, and downtown Toronto.
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Waterfront, Park, School, Public Transit
Guest Accommodations, Built-In Oven, Other
Concierge/Security, Carbon Monoxide Detectors, Alarm System, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 16 Brookers Lane PH1, Toronto W06, ON M8V 0A5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $850,000 in Toronto, the legal minimum down payment is $60,000 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.