434-165 Legion Road, Toronto, ON
Mimico, Toronto · MLS® W13230606
About this home
Welcome To Gorgeous Terrace Unit At The Sought-After California Condos. This Beautifully Upgraded 1+1 Bedroom Suite Offers 580 Sq Ft Of Open-Concept Living With Floor-To-Ceiling Windows, A Versatile Den With Custom Built-In Storage Cabinetry, And A Spa-Inspired Bathroom Featuring A Brand New Vanity And Sink. The Sleek Kitchen Is Highlighted Updates Including Newer Counters, Cabinetry, Backsplash, And Fridge, Complemented By Integrated Dishwasher (2023) And New Laminate Flooring Throughout. The Spacious Bedroom Boasts A Custom-built, Walk-In Closet, And Direct Access To A Rare 180 Sq Ft Outdoor Extra-Large Patio That Connects Seamlessly To The Garden Terrace Perfect For Entertaining Or Enjoying Your Own Private Oasis In The City. Residents Enjoy Resort-Style Amenities Including Indoor/Outdoor Pools, Whirlpool, Sauna, Rooftop Terraces, Sky Gym, Yoga/Pilates Studio, Squash Court, Games Room, Theater, And 24-Hour Concierge Services. Ideally Located In Vibrant Mimico, You're Steps From The Waterfront, Scenic Trails, Shops, Restaurants, TTC/GO Transit, And Major Highways, Offering The Perfect Balance Of Lakeside Serenity And Urban Convenience. Option to Add EV Charger for Parking is Allowed. (2024)Built-In Storage Cabinetry
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13230606
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Lake Shore & Park Lawn
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $741/mo
- Exposure
- North
- Property tax
- $2,081 / 2025
- Days on market
- 51
- Listing brokerage
- KELLER WILLIAMS REALTY CENTRES
Rooms
combined w/den · open concept · b/i appliances
w/o to terrace · combined w/kitchen · open concept
combined w/kitchen · b/i desk · open concept
walk-in closet(s) · w/o to terrace · large window
Listed at $508,000, and my independent estimate is right in line with comparable homes.
In Mimico lately, sellers get about 96% of asking; homes sell in ~41 days.
Total price vs nearby homes. Fair value about $485K, median of 7 comparables.
How this estimate is builtthe short version
I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $537K, a bit higher.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
The assigned public school is George R Gauld Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 7 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 5% above the area average of $881/sqft.
On the market now.
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.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $406,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,169
- Property tax
- $173
- Condo / maintenance fees
- $741
- Heating
- $0
- Estimated monthly cost
- $3,083
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,635
- Toronto municipal land transfer tax
- $6,635
- Estimated closing costs
- $13,270
Plus your down payment of $101,600. 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
- $130,122
- Principal paid down
- $51,755
- Interest paid
- $78,367
- Balance remaining
- $354,645
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 KELLER WILLIAMS REALTY CENTRES. MLS®/PropTx.