Welcome to this remarkable commercial retail located in the coveted neighborhood of Mimico. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,299,000 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.
An exceptional opportunity to acquire a beautifully designed luxury commercial space in the heart of Mimico's prestigious Park Lawn & Lakeshore community. This 1,125 sq. ft. commercial condo unit features a meticulously built-out, high-end spa environment with dramatic 17-foot ceilings and a bright, open-concept layout. Expansive floor-to-ceiling windows flood the space with natural light, creating the serene, upscale atmosphere. The sophisticated build-out allows for immediate occupancy, minimizing startup costs, making it equally appealing to owner-operators and investors seeking a strong, established commercial presence. Strategically positioned along Manitoba Street, the unit offers excellent visibility, steady pedestrian traffic and unparalleled access to one of Toronto's fastest-growing residential hubs. Surrounded by luxury condominium towers and just steps from Mimico GO and waterfront, it benefits from exceptional demographic density and a clientele aligned with premium personal care and wellness services.The soaring ceilings provide the rare opportunity to add a mezzanine or second level, significantly increasing functional square footage and long-term investment value. This space comes with a proven operating history: the current business has been successfully operating in this space for the the past 11 years, demonstrating the location's strong revenue potential. A rare chance to secure a polished, income-generating commercial asset in a thriving lakeside community with continued growth and development. Business is not listed for sale; all inquiries regarding current lease, business acquisition or related opportunities can be discussed directly with LA.
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Major Highway, Public Transit
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 274 Manitoba Street, Toronto W06, ON M8Y 4G9
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 $1,299,000 in Toronto, the legal minimum down payment is $259,800 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 $22,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $22,455 also applies, bringing the total estimated land transfer taxes to $44,910.
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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.