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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 $549,900 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.
Absolutely Stunning. 1 Bed + Den and 1 Bath With Parking & Locker at The New Empire Phoenix Condo. North Exposure with Large Balcony. All Amenities Included. Walk to the harbourfront, metro grocery store, shoppers drug mart, restaurants and cafes.The amenities include a state of the art fitness centre, rooftop deck, spa relax zone, saunas, meeting room, outdoor heated infinity pool with cabanas, bbq, lounges area, 24 hour concierge.
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Park, Marina, Public Transit
None
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 251 Manitoba Street 1611, 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 $549,900 in Toronto, the legal minimum down payment is $29,990 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 $7,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,473 also applies, bringing the total estimated land transfer taxes to $14,946.
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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.