811-11 Superior Avenue, Toronto, ON

Mimico, Toronto · MLS® W13047952

$569,900
For Sale
Listed 86 days ago
1Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Stunning and unique! Large, airy and bright! This 1 bedroom, corner unit is 744 square feet (+balcony!) and features a completely open concept living space with stunning views. Working from home never felt this comfortable. An artist's haven! This unit is really nothing like the rest (*one of only 2 units in the building*). Upgrades throughout including luxury laminate flooring, large kitchen with quartz counters and oversize island, large windows with custom blinds, large balcony and includes owned parking and locker. This unit is west and north facing - with private exposure. Enjoy stunning sunsets and amazing views of the lake, the Lake Shore and the neighbourhood. Nestled right on the Lake Shore, but conveniently away from the chaos, discover the charm and character of Old Mimico. Built in 2015, the desirable quiet, low-rise boutique style building is a pleasure to call home. Building great amenities include rooftop terrace, gym, party room, concierge and visitor parking. Steps from the lake, Superior Park, transit, shops, restaurants, bars-every amenity imaginable with convenient grocery across the street. TTC at your door step and a short walk to Mimico GO Station. Easy Access to the Gardiner Expressway/ QEW. Explore miles of waterfront walking and cycling trails and much more!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13047952
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Lake Shore Blvd. W and Superior Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$789/mo
Exposure
West
Property tax
$2,526 / 2026
Days on market
86
Listing brokerage
RE/MAX PROFESSIONALS INC.
Moe’s TakeTeam Asgarian · Broker
In line
$560Kest. value

Listed at $569,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

In Mimico lately, sellers have been getting about 96% of asking and homes sell in about 42 days.

Based on 72 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 72 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $509K, a close match.

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, sold for $701K
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $656K

That comparable adjusts to $656K; the $560K estimate above is the median of all 72 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

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.

List price
$501KGreat deal$599KOverpriced

Total price vs nearby homes. Fair value about $560K, median of 72 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Mimico · asking prices
$501kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

5111-30 Shore Breeze Drive$529k203-16 Brookers Lane$519k4404-36 Park Lawn Road$500k1503-2087 Lake Shore Boulevard$499k802-190 Manitoba Street$460k

The 5 closest active listings nearby.

See all comparable homes
570kThis home529k519k500k499k460kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $590K
$760this home / sqft
50active listings nearby
86days on market
100sold nearby · 90 days
$593Kmedian sold price
96%of asking, on average

This home lists 12% below the area average of $864/sqft.

85 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Mimico, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Islington-City Centre West
$629K
Etobicoke West Mall
$565K
Niagara
$703K
Waterfront Communities C1
$687K
Bay Street Corridor
$465K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near David Hornell Junior School
68%
David Hornell Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$2,597/mo
$124KIncome needed
4.6×Price ÷ income
$599Weekly cost
20% down4.79%25-yr amortization

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.

72%mortgage
Mortgage $2,597Property tax $211Condo fee $789Total carry $3,597

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,433per month

Mortgage amount $455,920 · 4.14% over 25 years

$113,980Down payment (20.0%)
$455,920Loan before insurance
$0CMHC premium
$3,432Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,433
Property tax
$211
Condo / maintenance fees
$789
Heating
$0
Estimated monthly cost
$3,432

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,873
Toronto municipal land transfer tax
$7,873
Estimated closing costs
$15,746

Plus your down payment of $113,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,955/monthPayment at the qualifying rate

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

$273,968Total interest paid
$729,888Total of all payments
Principal $455,920 Interest $273,968
YearPrincipalInterestBalance
1$10,681$18,515$445,239
2$11,127$18,068$434,112
3$11,593$17,603$422,519
4$12,078$17,118$410,441
5$12,583$16,613$397,858
6$13,109$16,086$384,749
7$13,658$15,538$371,092
8$14,229$14,967$356,863
9$14,824$14,371$342,039
10$15,444$13,751$326,595
11$16,090$13,105$310,504
12$16,763$12,432$293,741
13$17,464$11,731$276,277
14$18,195$11,001$258,082
15$18,956$10,240$239,126
16$19,749$9,447$219,377
17$20,575$8,621$198,803
18$21,435$7,760$177,367
19$22,332$6,863$155,035
20$23,266$5,929$131,769
21$24,239$4,956$107,530
22$25,253$3,942$82,276
23$26,310$2,886$55,967
24$27,410$1,785$28,557
25$28,557$639$0

At the end of your 5-year term

Total paid over the term
$145,978
Principal paid down
$58,062
Interest paid
$87,916
Balance remaining
$397,858

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.

Let's connect

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

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

5.1%
Gross yield
− Property tax $2,526− Condo fees $9,470− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,036

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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