251 Manitoba Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Bachelor/Studio condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $519,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
1.5 Year Old Phoenix Condo By Award Winning Developer Empire Communities. This Luxurious One-bedroom One Bathroom Condo Located In The Heart of Mimico. Offers Great Amenities Like Fitness Center, Rooftop Patio, Outdoor Pool, Garden BBQ, Party Room, 24 Hrs Concierge, Visitor Parking & More. Amazing Open Concept, Very Functional Layout. Close to Gardiner Hwy, Go+TTC, Restaurants, Shopping, Etc.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 251 Manitoba Street W 203, Toronto W06, ON M8Y 0C7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $519,000 in Toronto, the legal minimum down payment is $26,900 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 $6,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,855 also applies, bringing the total estimated land transfer taxes to $13,710.
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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.
