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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $649,880 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 your Penthouse Loft with breathtaking views of the lake and rooftop garden terrace. This two-storey, south-facing loft feels like a townhouse in the sky and is the perfect sanctuary to start your next chapter! With 900+sqft of open-concept living, soaring 17ft ceilings, floor-to-ceiling windows, and loads of sunlight, this home checks all the boxes: stunning lake views, ultra-spacious layout, vibrant waterfront community, and iconic heritage building! Entertain your friends and family in a chef's kitchen featuring sleek upgrades, stainless steel appliances, quartz breakfast bar, and designer lighting. The main level living space has a gas fireplace and fits a large sofa and dining table, its the perfect place to relax, recharge, and take in the views! The versatile nook under the stairs can be transformed into a bar, workspace, yoga space, or storage. Enjoy the convenience of full-size stacked laundry, an elegant powder room, and smart thermostat. The second floor features a spacious bedroom that fits a king-size bed, custom walk-in closet, designer chandelier, and large den perfect for an office, nursery, or 2nd bed conversion. The full bathroom has a Jacuzzi tub flooded with sunlight and is a serene space for you to unwind and rejuvenate. Located in Mimicos Humber Bay neighbourhood steps from the lake, parks, nature trails, restaurants, shops, cafes, grocery, transit/ GO, and more! Minutes away from Highway 427 & Gardiner and a quick drive to downtown Toronto. Building amenities: gym, sauna, squash court, party room, rooftop garden terrace with BBQs, and gazebo. Pet-friendly, free visitor parking and EV charging. 1 parking and 1 locker included. This is Loft Living at its Best. A Must See!
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Electric Car Charger, Marina, Park, Public Transit, School, Rec./Commun.Centre
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Carbon Monoxide Detectors, Security System
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This could be the first listing for this address.
Data-driven valuation for 250 Manitoba Street PH837, Toronto W06, ON M8Y 4G8
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 $649,880 in Toronto, the legal minimum down payment is $39,988 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 $9,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,473 also applies, bringing the total estimated land transfer taxes to $18,945.
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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.