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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 $449,900 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.
Breathtaking Lake Views:* Unobstructed, south-facing views of Lake Ontario are a major draw.* This offers a serene and picturesque living environment. Modern and Stylish Interior:* High-end kitchen finishes, including ss appliances, quartz countertops, and a herringbonebackøplash.which will appeals to buyers seeking a contemporary and sophisticated living space. Luxurious Building Amenities:* including a fitness facility, sauna, infinity pool, party & games room, pet wash station, 24/7 concierge/security, providing a convenient and upscale lifestyle. Prime Mimico Location:* Walking distance to the MIMICO GO station, grocery stores like Metro, Costco, Walmart, cafes, and parks, offering a vibrant and convenient urban lifestyle. Excellent Commute Options:* Access to major highways & a quick commute to downtown via TTC, Mimico GO station, Humber Path.* A bike/walking path that leads directly to downtown Toronto, appealing to commuters and those seeking easy access to the city. Ideal for First-Time Buyers and Investors:* The property's size, location & amenities make it attractive to both first-time home buyers and investors. Functional Features:* High Ceilings and Floor to ceiling windows, increasing the natural light within the unit.* In-suite laundry for added convenience.* Owned parking space & Locker
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Data-driven valuation for 251 Manitoba Street S 1007, Toronto W06, ON M8Y 0C7
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 $449,900 in Toronto, the legal minimum down payment is $22,495 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 $5,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,473 also applies, bringing the total estimated land transfer taxes to $10,946.
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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.