334-200 Manitoba Street, Toronto, ON

Mimico, Toronto · MLS® W13232818

$565,000
For Sale
Listed 51 days ago
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1Bedrooms
2Bathrooms
1Garage · 2 parking
700-799Sq Ft

About this home

Loft Living 2 Storey at Skylofts Mystic Pointe in Mimico. Approx 17 Foot Floor to Ceiling Window and Tons of Natural Light. S/S Appliances, Quartz Countertop, Tile Back Splash. Walking Distance to Go Station, Transit , The Lake, Grocery & Easy Access to Highway. Fantastic Area with Shopping and Lake Nearby.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13232818
Bedrooms
1
Bathrooms
2 (1 half)
Size
700-799
Cross streets
South-East Side of The Queens Way/Royal York Rd
Parking
1 garage · 2 parking (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Stone, Brick
Maintenance
$601/mo
Exposure
North
Property tax
$2,345 / 2025
Days on market
51
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Living RoomMain0.00 × 0.00 m
Primary BedroomSecond0.00 × 0.00 m
Dining RoomMain0.00 × 0.00 m
KitchenMain0.00 × 0.00 m
Our TakeTeam Asgarian · Broker
Above comparables
$537Kest. value

Listed at $565,000, and my independent estimate is about 5% above what comparable homes suggest.

In Mimico lately, sellers get about 95% of asking; homes sell in ~43 days.

List price
$529KGreat deal$565KOverpriced

Total price vs nearby homes. Fair value about $537K, median of 9 comparables.

How this estimate is builtthe short version

I take the 9 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 $545K, a close match.

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($754/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.

Based on 9 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$592kavg asking

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

904-11 Superior Avenue$675k206-16 Brookers Lane$635k303-65 Annie Craig Drive$590k1822-30 Shore Breeze Drive$530k5111-30 Shore Breeze Drive$529k

The 5 closest of 8 active listings nearby.

See all comparable homes
565kThis home675k635k590k530k529kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $619K
$754this home / sqft
73active listings nearby
51days on market
100sold nearby · 90 days
$607Kmedian sold price
95%of asking, on average

This home lists 17% below the area average of $903/sqft.

50 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.

Niagara
$615K
Waterfront Communities C1
$593K
Bay Street Corridor
$556K
Annex
$798K
Church-Yonge Corridor
$599K

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 George R Gauld Junior School
73%
George R Gauld Junior SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,575/mo
$119KIncome needed
4.8×Price ÷ income
$594Weekly 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.

76%mortgage
Mortgage $2,575Property tax $195Condo fee $601Total carry $3,371

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,412per month

Mortgage amount $452,000 · 4.14% over 25 years

$113,000Down payment (20.0%)
$452,000Loan before insurance
$0CMHC premium
$3,208Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,412
Property tax
$195
Condo / maintenance fees
$601
Heating
$0
Estimated monthly cost
$3,208

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

One-time closing costs

Ontario land transfer tax
$7,775
Toronto municipal land transfer tax
$7,775
Estimated closing costs
$15,550

Plus your down payment of $113,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,930/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

$271,612Total interest paid
$723,612Total of all payments
Principal $452,000 Interest $271,612
YearPrincipalInterestBalance
1$10,589$18,356$441,411
2$11,032$17,913$430,379
3$11,493$17,451$418,886
4$11,974$16,971$406,912
5$12,475$16,470$394,438
6$12,997$15,948$381,441
7$13,540$15,404$367,901
8$14,107$14,838$353,794
9$14,697$14,248$339,098
10$15,311$13,633$323,787
11$15,952$12,993$307,835
12$16,619$12,325$291,216
13$17,314$11,630$273,902
14$18,038$10,906$255,863
15$18,793$10,152$237,070
16$19,579$9,365$217,491
17$20,398$8,547$197,093
18$21,251$7,693$175,842
19$22,140$6,804$153,702
20$23,066$5,878$130,636
21$24,031$4,914$106,605
22$25,036$3,908$81,569
23$26,083$2,861$55,485
24$27,174$1,770$28,311
25$28,311$633$0

At the end of your 5-year term

Total paid over the term
$144,722
Principal paid down
$57,562
Interest paid
$87,160
Balance remaining
$394,438

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
2.7%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 $2,345− Condo fees $7,208− Insurance $600− Vacancy & upkeep $3,168Net operating income $15,479

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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