Th3-11 Superior Avenue, Toronto, ON
Mimico, Toronto · MLS® W12995476
About this home
Lower your carrying costs in 2026 at 11 Superior Ave TH3 in Toronto's sought-after Mimico waterfront community. Seller incentive available: the seller agrees to pay the property taxes to the end of 2026 and 50% of the maintenance fees to the end of 2026, subject to terms agreed to in the Agreement of Purchase and Sale. Welcome to this rare end-unit two-storey condo townhouse in the heart of Mimico, proudly offered by the original owner. With over 1,050 sq. ft. of stylish and functional living space, this home offers the privacy and feel of a traditional townhome in one of Toronto's most desirable waterfront communities. The spacious one-bedroom plus den, two-bathroom layout offers excellent flexibility. The den can be used as a second bedroom, home office, nursery, or guest space, making it a smart option for professionals, couples, downsizers, or investors looking in Toronto's west end. The bright open-concept main living area is ideal for everyday comfort and entertaining. Features include a four-piece bathroom with soaker tub, a convenient two-piece powder room, in-suite full-size laundry, a prime Level 1 parking spot, and a storage unit on the same floor. Located directly across from Lake Ontario, this Mimico waterfront townhouse is steps from scenic trails, parks, restaurants, cafés, bars, and seasonal farmers markets. Mimico GO Station is approximately a 10-minute walk away, with nearby Lakeshore transit offering easy access across the city and downtown Toronto. Residents also enjoy premium amenities, including a fitness centre, 24-hour security, and a party room overlooking the Toronto skyline. A rare opportunity to own a bright, spacious, end-unit townhouse-style condo near Lake Ontario, Humber Bay Shores, waterfront trails, transit, shops, restaurants, and downtown Toronto access. Book your private showing today.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W12995476
- Bedrooms
- 1
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- Superior / Lakeshore
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,022/mo
- Exposure
- South
- Property tax
- $3,167 / 2026
- Days on market
- 94
- Listing brokerage
- RE/MAX HALLMARK EASTERN REALTY
Rooms
Breakfast Bar
Above Grade Window
Listed at $549,900, this home is about 23% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $546K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $799K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $754K
That comparable adjusts to $754K; the $710K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is John English Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Lake Shore Blvd West at Superior Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $710K, median of 5 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 33% below the area average of $742/sqft.
90 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Lake Shore Blvd West at Superior Ave, about 26 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $439,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,348
- Property tax
- $264
- Condo / maintenance fees
- $1,022
- Heating
- $0
- Estimated monthly cost
- $3,633
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,473
- Toronto municipal land transfer tax
- $7,473
- Estimated closing costs
- $14,946
Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $140,855
- Principal paid down
- $56,024
- Interest paid
- $84,831
- Balance remaining
- $383,896
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK EASTERN REALTY. MLS®/PropTx.