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 $724,000 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 Unit 2506 at Empire Phoenix-a must-see gem! This luxury 2-bedroom, 2-bathroom condo sits high on the 25th floor, spanning 745 sq. ft. of beautifully designed space. It features floor-to-ceiling windows, two private balconies, and a bright southern exposure with breathtaking, unobstructed views of Lake Ontario and Grand Avenue Park. The modern kitchen shines with quartz countertops and stainless steel appliances. The unit includes one parking space and one locker. Premium building amenities feature a 24-hour concierge, an outdoor swimming pool, a BBQ area, a fully equipped gym, a sauna, and a dog wash station. This incredible location is right next to the Grand Avenue soccer field, a kids' park, a running track, and gated dog parks-perfect for young families and pet owners! Enjoy close proximity to shops, transit, Mimico GO, Lakeshore, and the QEW for a quick commute downtown. Don't miss the opportunity to own in this thriving area.
Contact us to schedule a private viewing of this property.
Clear View, Park, Lake/Pond
Built-In Oven, Carpet Free
Concierge/Security, Security Guard
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 251 Manitoba Street 2506, Toronto, ON M8Y 1C9
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 $724,000 in Toronto, the legal minimum down payment is $47,400 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 $10,955 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,955 also applies, bringing the total estimated land transfer taxes to $21,910.
No current listings found in Toronto.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.