2133-165 Legion Road, Toronto, ON

Mimico, Toronto · MLS® W13478230

$515,000
For Sale
Listed 24 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Beautiful Lakeside California Condo right in the heart of Mimico in South Etobicoke! Being on the 21st floor, this unit offers beautiful unobstructed views, and loads of natural sunlight! One of the largest and most practical layouts available! 675 sq ft open concept with a separate den, and two walkouts (from Living Room and Bedroom) to a large balcony! This beauty offers brand new vinyl floors, 9 ft ceilings, potlights, SS Appliances, undermount sink, granite counters, sensor valence lighting, and more! This building is the only building of the 3buildings (155, 165, 185) that has its own amenities on the 31st floor, which include a private dining room w/kitchen, party room with large outside terrace and incredible views, gym, changerooms, and volleyball/badminton court! The 4th floor offers even more amenities (shared)including an indoor pool, outdoor pool, jacuzzies, BBQ, terrace area, and gym. Further amenities(shared) are found on the 2nd floor, which include a library room, billiards room, large party room, squash court, ping pong area, theater room, dining room, games room, and more! 24 hour security and gated garage for increased convenience and safety! Close proximity to TTC, 15 Mins To Union Station Via Go. 1 Parking Close To Elevators + 1 Locker. This property has it all and must be seen!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13478230
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Park Lawn Rd/Lake Shore Blvd W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$810/mo
Exposure
North
Property tax
$2,356 / 2026
Days on market
24
Listing brokerage
RE/MAX PREMIER INC.

Rooms

Living RoomFlat3.50 × 3.50 m

vinyl floor · combined w/dining · w/o to balcony

Primary BedroomFlat3.30 × 2.90 m

vinyl floor · double closet · w/o to balcony

DenFlat3.00 × 2.10 m

vinyl floor · closet · separate room

KitchenFlat3.00 × 2.40 m

vinyl floor · granite counters · pot lights

Dining RoomFlat3.50 × 3.00 m

vinyl floor · open concept · combined w/living

Moe’s TakeTeam Asgarian · Broker
Below comparables
$573Kest. value

Listed at $515,000, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $495K, 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 $690K
  • Adjusts to $690K

That comparable adjusts to $690K; the $573K estimate above is the median of all 23 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 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.

On location, this is a very walkable address with everyday errands close by. Manitoba St at Legion Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$515KGreat deal$615KOverpriced

Total price vs nearby homes. Fair value about $573K, median of 23 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$527kavg asking

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

512-2212 Lake Shore Boulevard$519k5201-30 Shore Breeze Drive$520k701-33 Shore Breeze Drive$490k1601-15 Legion Road$548k2401-36 Park Lawn Road$560k

The 5 closest of 8 active listings nearby.

See all comparable homes
515kThis home519k520k490k548k560kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $588K
$793this home / sqft
50active listings nearby
24days on market

This home lists 10% below the area average of $880/sqft.

On the market now.

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.

Getting around

82/ 100

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: Manitoba St at Legion Rd, about 57 m away

20+ transit stops7 grocery20+ dining20+ parks15 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C1
$694K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K
Banbury-Don Mills
$500K

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 · 0.9 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,347/mo
$114KIncome needed
4.5×Price ÷ income
$542Weekly 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.

70%mortgage
Mortgage $2,347Property tax $196Condo fee $810Total carry $3,353

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,199per month

Mortgage amount $412,000 · 4.14% over 25 years

$103,000Down payment (20.0%)
$412,000Loan before insurance
$0CMHC premium
$3,205Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,199
Property tax
$196
Condo / maintenance fees
$810
Heating
$0
Estimated monthly cost
$3,205

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

One-time closing costs

Ontario land transfer tax
$6,775
Toronto municipal land transfer tax
$6,775
Estimated closing costs
$13,550

Plus your down payment of $103,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,670/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

$247,575Total interest paid
$659,575Total of all payments
Principal $412,000 Interest $247,575
YearPrincipalInterestBalance
1$9,652$16,731$402,348
2$10,055$16,328$392,293
3$10,476$15,907$381,817
4$10,914$15,469$370,902
5$11,371$15,012$359,532
6$11,846$14,537$347,685
7$12,342$14,041$335,343
8$12,858$13,525$322,485
9$13,396$12,987$309,089
10$13,956$12,427$295,133
11$14,540$11,843$280,593
12$15,148$11,235$265,444
13$15,782$10,601$249,662
14$16,442$9,941$233,220
15$17,130$9,253$216,091
16$17,846$8,537$198,244
17$18,593$7,790$179,651
18$19,371$7,012$160,281
19$20,181$6,202$140,100
20$21,025$5,358$119,075
21$21,904$4,479$97,171
22$22,821$3,562$74,350
23$23,775$2,608$50,575
24$24,770$1,613$25,806
25$25,806$577$0

At the end of your 5-year term

Total paid over the term
$131,915
Principal paid down
$52,468
Interest paid
$79,447
Balance remaining
$359,532

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$2,050/mo
$24,600Gross annual rent
1.8%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.

4.8%
Gross yield
− Property tax $2,356− Condo fees $9,717− Insurance $600− Vacancy & upkeep $2,706Net operating income $9,221

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

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