250 Manitoba Street, Toronto, ON

$714,000
MLS#:W9241274
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $714,000 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 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome To 250 Manitoba Street, Penthouse Suite #812 In The Highly Desirable Area Of Mimico. Upgraded Luxurious 2-Storey Loft Offers Large Open Concept Living, 1Bedroom + Den, 2Bathroom, Insuite Laundry, Locker & Parking. Suite Also Features Updated Kitchen, Granite Countertops, Backsplash, S/S Appl Massive Center Island, Laminate Flooring Throughout, Overlooking The Large Living/Dining Space With West Views That Provide Amazing Sunsets Through The 17ft Windows. Building Comes With Many Amenities, Key Fob Access, Security, Gym, Sqaush Court, Sauna, Bbq Grounds & Party Room. Mins Away From Downtown Toronto, Public Transit, Shopping, Grocery, Lake Ontario, Parks & Trails. Dont Miss Out On This Rare Oppotunity To Make This Penthouse Your Home.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 20, 2024
Sold price information is available to members only
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style2-Storey
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$2,300

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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250 Manitoba Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 250 Manitoba Street PH812, Toronto W06, ON M8Y 4G8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$46,400 (6.5%)
* Minimum Canadian down payment required for this price is $46,400.
Amortization Period25 Years
Estimated Monthly Payment$3,978Based on a loan of $667,600 over 25 years.
Purchase Price$714,000
Loan Amount$667,600
Provincial Land Transfer Tax:$10,755
Toronto Municipal Land Transfer Tax:$10,755
Total Estimated Closing Taxes:$21,510

About Purchasing a Home in Toronto, ON

For a property listed at $714,000 in Toronto, the legal minimum down payment is $46,400 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 $10,755 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,755 also applies, bringing the total estimated land transfer taxes to $21,510.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$879,133

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.