TH1-11 Superior Avenue, Toronto, ON
Mimico, Toronto · MLS® W12995500
About this home
INCREDIBLE OPPORTUNITY!! Offered at a fantastic price of $612/sqft, one of the best in the area, this is an opportunity you won't want to miss. Welcome to this stunning 2-storey townhome in the heart of Mimico, where urban lifestyle meets a serene retreat. Only steps from the lake, you will fall in love with the location and convenience this property offers. Hop on the streetcar line out your front door or take a 10-minute walk to Mimico Go Train to connect directly to the center of downtown Toronto. With an open concept design, this beautiful 946 sq. ft. townhome offers 2 bedrooms, 2 updated full bathrooms, and luxury finishes throughout. The large primary suite features a 3-piece ensuite with glass shower, two double closets, and a stylish accent wall. Entertain friends and family in the modern open concept kitchen and living space, or lounge atop the roof terrace and BBQ area with striking views of the lake, marina, and city skyline.This property is ideally located west of the city close to the airport, major highways, Mimico Go Train, TTC streetcar line, Lake Ontario trails, Superior Park, lakeshore shops and restaurants, San Remo Bakery, and much more! Enjoy both the vibrancy of city living and the picturesque natural surroundings of a family-friendly neighbourhood. Additional features include one underground parking space, an owned locker, personal bike storage, and convenient ensuite laundry. The building offers fantastic amenities such as a rooftop terrace, fitness center, party room, 24-hour concierge/security guard, and visitor parking. Maintenance fees cover most of your monthly expenses, including heat and water, making homeownership easy and stress-free. Don't miss your chance to own this incredible townhome in one of Torontos most desirable lakeside communities.
Key facts
- Property type
- Condo Townhouse, 2-Storey
- MLS®
- W12995500
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 900-999
- Cross streets
- Lake Shore Blvd & Superior Ave
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $966/mo
- Exposure
- West
- Property tax
- $3,156 / 2025
- Days on market
- 94
- Listing brokerage
- RE/MAX REALTY ENTERPRISES INC.
Rooms
3 pc bath · glass doors · tile floor
3 pc ensuite · tile floor · glass doors
Laminate
combined w/living · overlooks frontyard · laminate
stainless steel appl · quartz counter · backsplash
his and hers closets · large window · overlooks frontyard
combined w/dining · laminate · closet
Listed at $579,800, this home is about 24% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
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 $667K, a bit lower.
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 $725K
- Adjusts to $725K
That comparable adjusts to $725K; the $758K 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 $758K, 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.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Lifestyle
- Value driver
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 34% below the area average of $925/sqft.
91 days longer than the Toronto average (3 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 $463,840 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,475
- Property tax
- $263
- Condo / maintenance fees
- $966
- Heating
- $0
- Estimated monthly cost
- $3,704
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $8,071
- Toronto municipal land transfer tax
- $8,071
- Estimated closing costs
- $16,142
Plus your down payment of $115,960. 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
- $148,513
- Principal paid down
- $59,070
- Interest paid
- $89,443
- Balance remaining
- $404,770
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 REALTY ENTERPRISES INC.. MLS®/PropTx.