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Mimico, Toronto
$1,099,000
Set on a 25 x 125 ft lot on a quiet, tree-lined street in Mimico, this extensively updated 3-bedroom, 2-bathroom home offers approximately 1,500 sq ft of thoughtfully designed living space just moments from the lake. The open-concept main floor is filled with natural light and anchored by a custom fireplace feature wall, flowing into a fully remodelled kitchen with quartz countertops, custom cabinetry, and brand-new stainless steel appliances. Extensive updates include renovated bathrooms, flooring, windows, furnace, air conditioning, ESA-certified electrical, front and rear decks, and cosmetic improvements throughout the interior and exterior, allowing the next owner to move in without taking on major projects. Upstairs, three well-proportioned bedrooms provide flexibility for a growing household, guests, or a dedicated home office. Outside, the deep backyard extends the living space with a spacious deck and plenty of room to entertain, garden, or simply enjoy having outdoor space that's increasingly difficult to find. Front pad parking is already in place, with the potential for additional off-street parking at the rear if a new fence were installed along the property line. Just steps from the waterfront and close to local restaurants, the beach, Mimico GO Station, and the QEW, this home offers the rare combination of turnkey condition, meaningful outdoor space, and an established lakeside neighbourhood-without the road noise of nearby Lake Shore Boulevard.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,442 |
| Lot Size | 25 ft x 125 ft |
| mls© Number | W13500072 |
| Listed By | BSPOKE REALTY INC. |
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%
- $5,625
- Property tax
- $370
- Heat allowance
- $150
- Housing costs
- $6,145 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$189,000
gross annual household income
- Payment at 4%
- $4,625 / mo
- Cash down
- $219,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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