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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 $518,888 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 Empire Phoenix Condominiums, a modern development by Empire Communities perfectly located in the heart of Etobicokes thriving Park Lawn & Lake Shore / Humber Bay Shores community. This is the sought-after Anthony Model, a beautifully designed 1-bedroom, 1-bathroom suite that truly maximizes space with no wasted square footage. Offering 575 sq. ft. by floor plan (613 sq. ft. by iGuide), the home is thoughtfully laid out with an open-concept living and dining area, laminate flooring throughout, and a bright, contemporary kitchen featuring quartz countertops, stainless steel appliances, and ample storage space. The living area extends out to a spacious 100 sq. ft. balcony, perfect for morning coffee, entertaining, or simply enjoying the outdoors. For added convenience and value, this unit comes with one parking space and one locker, a rare combination in this high-demand community.Empire Phoenix provides residents with a wide range of resort-inspired amenities designed to elevate everyday living. Highlights include an outdoor pool and cabanas, fully equipped fitness centre, rooftop terrace with panoramic views, stylish party and social rooms, and 24-hour concierge service for security and peace of mind. These features make the building not just a place to live, but a true community lifestyle, location is exceptional. Just steps from the waterfront, parks, and trails, residents can enjoy active outdoor living year-round. Within walking distance are grocery stores, restaurants, cafes, fitness studios, Metro, Shoppers Drug Mart, and other everyday conveniences. Commuters will love the easy transit access, with TTC, Mimico GO Station, and the upcoming Ontario Line connections nearby. For those travelling by car, the Gardiner Expressway, Hwy 427, and QEW are only minutes away, providing seamless access to Downtown Toronto, North Toronto, and Mississauga. (Some photos Virtually Staged)
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Data-driven valuation for 251 Manitoba Street 406, 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 $518,888 in Toronto, the legal minimum down payment is $26,889 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 $6,853 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,853 also applies, bringing the total estimated land transfer taxes to $13,706.
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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.