1002-15 Legion Road, Toronto, ON

Mimico, Toronto · MLS® W13490728

$499,000
For Sale
Listed 28 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft
8 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Experience elevated waterfront living in this rarely offered stunning corner suite in the heart of vibrant Mimico, offering breathtaking panoramic views of the lake, Humber Bay Park, and spectacular evening sunsets that create an unforgettable backdrop both day and night. This bright and beautifully appointed residence features 2 spacious bedrooms, 1 full bathroom, parking, and a locker, with expansive windows that fill the suite with natural light throughout the day. The thoughtfully designed open-concept living and dining area offers an ideal balance of comfort and sophistication, creating an inviting space for both entertaining and everyday living. Enjoy refreshing cross-breezes, incredible panoramic views, and access to exceptional building amenities including a 24-hour concierge, all within a quiet, well-managed residence surrounded by parks, waterfront trails, and green space. Perfectly positioned for convenience, this sought-after location offers easy access to public transit and downtown Toronto while allowing you to enjoy the comfort of waterfront living just outside the core. Steps to local cafés, restaurants, and everyday essentials, this is city living with a more relaxed lakeside atmosphere.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13490728
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
Lake shore Blvd & Park Lawn Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$870/mo
Exposure
South West
Property tax
$2,805 / 2025
Days on market
28
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Primary BedroomMain11.48 × 10.17 m

w/o to balcony · broadloom · closet

Bedroom 2Main10.01 × 8.53 m

sliding doors · broadloom · closet

Living RoomMain14.11 × 14.11 m

combined w/dining · hardwood floor · balcony

Dining RoomMain14.11 × 14.11 m

combined w/living · hardwood floor · south view

KitchenMain12.47 × 8.20 m

breakfast bar · large window

Our TakeTeam Asgarian · Broker
Below comparables
$602Kest. value

Listed at $499,000, and my independent estimate is about 17% below comparable homes, worth a close look.

In Mimico lately, sellers get about 96% of asking; homes sell in ~40 days.

List price
$499KGreat deal$693KOverpriced

Total price vs nearby homes. Fair value about $602K, median of 88 comparables.

How this estimate is builtthe short version

I take the 88 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 $577K, a close match.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

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. Legion Road is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 88 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$618kavg asking

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

1313-155 Legion Road$539k513-155 Legion Road$550k1413-30 Shore Breeze Drive$700k1210-88 Park Lawn Road$649k2506-251 Manitoba Street$650k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home539k550k700k649k650kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $625K
$666this home / sqft
54active listings nearby
28days on market
100sold nearby · 90 days
$611Kmedian sold price
96%of asking, on average

This home lists 24% below the area average of $875/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

100/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Legion Road, about 83 m away

20+ transit stops3 grocery20+ dining20+ parks8 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.

Niagara
$599K
Waterfront Communities C1
$609K
Bay Street Corridor
$618K
Church-Yonge Corridor
$611K
Moss Park
$894K

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 · 0.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$2,274/mo
$114KIncome needed
4.4×Price ÷ income
$525Weekly 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.

67%mortgage
Mortgage $2,274Property tax $234Condo fee $870Total carry $3,378

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,234Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$234
Condo / maintenance fees
$870
Heating
$0
Estimated monthly cost
$3,234

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

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/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

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

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
2.4%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.

5.8%
Gross yield
− Property tax $2,805− Condo fees $10,440− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,787

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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