250 Manitoba Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $725,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this stunning 2-storey penthouse offering approximately 1,150 sq. ft. of bright, functional living space with 2 bedrooms and 2 full bathrooms. This sun-filled unit features soaring ceilings, oversized windows, and an inviting open-concept layout. The main level includes a kitchen with breakfast bar, a cozy fireplace, a bedroom, and a full bathroom. Walk out to a private terrace complete with a BBQ gas line, perfect for entertaining or relaxing outdoors. The second level is dedicated to the spacious primary bedroom, featuring a walk-in closet and a unique ensuite-style bathroom with a separate tub, shower, and double vanity. The parking space can accommodate 2 cars side-by-side, plus an extra-large walk-in locker conveniently attached to the parking spot. A truly unique penthouse offering space, light, outdoor living, and exceptional storage. Located in the heart of Mimico, 250 Manitoba offers easy access to the waterfront, parks, transit, shops, restaurants, and major highways. Amenities may include concierge, gym, party room, outdoor rooftop terrace, squash/racket court & visitor parking.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 250 Manitoba Street 827, Toronto W06, ON M8Y 4G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $725,000 in Toronto, the legal minimum down payment is $47,500 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 $10,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,975 also applies, bringing the total estimated land transfer taxes to $21,950.
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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.
