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New2 hours ago

1604 - 251 Manitoba Street

Mimico, Toronto

$789,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to Phoenix Condos by award-winning Empire Communities! Approx 900 sq ft total living space (790 sq ft interior + 110 sq ft balcony) featuring 2 beds, 2 baths, and a dedicated private office. Never leased & 100% owner-occupied with over $110K spent on premium, highly functional custom upgrades for end-user comfort.Enjoy airy 9-ft ceilings and seamless wood flooring throughout. Expansive floor-to-ceiling windows and large private balcony offer breathtaking, unobstructed views of Lake Ontario, the 12-acre Grand Avenue Park, and evening sunsets. Modern kitchen, spa-inspired baths, and dedicated work-from-home space.Unbeatable location-steps to Starbucks, supermarkets, waterfront trails, dining, and transit. A turnkey gem with world-class views!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$605
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,802
mls© NumberW13731682
Listed ByBAY STREET GROUP INC.
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
CAC Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,038
Property tax
$234
Heat allowance
$150
Condo fees, half counted
$303
Housing costs
$4,725 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $157,800
25-yr amortization

Income needed

$145,000

gross annual household income

Payment at 4%
$3,320 / mo
Cash down
$157,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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