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Price Change$724,000

2506 - 251 Manitoba Street

Mimico, Toronto

$650,000

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

Welcome to Unit 2506 at Empire Phoenix-a must-see gem! This luxury 2-bedroom, 2-bathroom condo sits high on the 25th floor, spanning 745 sq. ft. of beautifully designed space. It features floor-to-ceiling windows, two private balconies, and a bright southern exposure with breathtaking, unobstructed views of Lake Ontario and Grand Avenue Park. The modern kitchen shines with quartz countertops and stainless steel appliances. The unit includes one parking space and one locker. Premium building amenities feature a 24-hour concierge, an outdoor swimming pool, a BBQ area, a fully equipped gym, a sauna, and a dog wash station. This incredible location is right next to the Grand Avenue soccer field, a kids' park, a running track, and gated dog parks-perfect for young families and pet owners! Enjoy close proximity to shops, transit, Mimico GO, Lakeshore, and the QEW for a quick commute downtown. Don't miss the opportunity to own in this thriving area.

Extras

No extras listed.

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No upcoming open houses.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775

This seller is likely holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$576
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,167
mls© NumberW13499322
Listed ByHOMELIFE NEW WORLD REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,327
Property tax
$264
Heat allowance
$150
Condo fees, half counted
$288
Housing costs
$4,029 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

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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