$829,900
For sale: Apartment

Welcome to this stunning lakeview corner unit in the highly sought-after Mimico waterfront community. This sun-filled 2-bedroom plus study, 2-bathroom suite offers a functional split-bedroom layout with floor-to-ceiling windows showcasing breathtaking southeast views of the city skyline and Lake Ontario. Step outside onto the private balcony, perfect for outdoor dining, entertaining, or simply relaxing while enjoying the spectacular views. The modern open-concept kitchen features stainless steel appliances, sleek cabinetry, a glass tile backsplash, and generous counter space, seamlessly flowing into the spacious living and dining areas.The primary bedroom offers a large closet and a 4-piece ensuite, while the second bedroom is bright and spacious. The versatile study/den provides the ideal space for a home office, reading nook, or additional workspace. Additional features include 9-foot ceilings, laminate flooring throughout, ample storage, a full-sized stacked washer and dryer, one underground parking space, and a storage locker. Residents enjoy exceptional resort-style amenities including a fitness centre, outdoor pool, BBQ terrace, resident lounge, library, and more. Convenient direct indoor access to Metro, Shoppers Drug Mart, LCBO, Starbucks, banks, and other daily conveniences. Just steps to waterfront parks, trails, restaurants, and minutes to the Gardiner Expressway, QEW, and Mimico GO Station. Whether you're an end-user seeking an exceptional waterfront lifestyle or an investor looking for a prime opportunity, this is a rare chance to own in one of Etobicoke's most vibrant and desirable lakefront communities. Currently tenanted to an AAA tenant who is willing to either vacate the property or remain and continue the tenancy, providing flexibility for both end-users and investors. The tenant is currently paying $3,550 per month plus hydro, offering an excellent opportunity for immediate rental income.
Sold data
Apartment homes in Toronto (Mimico) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 53, across 2,905 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $569,999.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 2,905 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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