41 San Remo Terrace, Toronto, ON

Mimico, Toronto · MLS® W13518300

$1,239,900
For Sale
Listed 14 days ago
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3Bedrooms
3Bathrooms
1Garage · 2 parking
2000-2249Sq Ft

About this home

Executive, Bright and Airy Renovated Townhome In The Heart Of Mimico Village Offering Over 2000Sqft. Of Thoughtfully Designed Living Spaces. Stunning Custom Kitchen Featuring New Appliances With Gas Stove, Centre Island, Breakfast and Coffee Bar, Valance Lighting and Pantry Storage. Spacious Second Floor Bedrooms Complete With Custom Closet Built-Ins. Semi-Ensuite Bathroom With Heated Tile Floors and Heated Towel Rack. Convenient Pass Through to The 2nd Bedroom Boasts Additional Storage. Private Third Floor Primary Bedroom Retreat With Walk-out To Balcony- The Perfect Space To Unwind. Ground Floor Family Room Has a 2 Piece Bath, Gas Fireplace and a Walk- Out To Private Yard. other Upgrades Include: Hardwood Floors, Smooth Ceilings Throughout, Pot Lights, 3 Ceiling Fans, Contemporary Build-In Electric Fireplace in Living Room, All New Windows, Gas BBQ Line In Yard, CAT6 Cables Throughout, New Deck Boards, Professionally Finished Railings On 3rd Floor Balcony and Owned On Demand Water Heater. Garage Is Readied With 240V Outlet, Perfect For Electric Cars. Conveniently Located Near Mimico Go Station, Highways, Costco, Sherway Gardens, Cineplex Movie Theatres, Parks, Grocery Stores, Restaurants and The Iconic San Remo Bakery!Extras: Maintenance Fees Include: Roof Shingles, Road Maintenance, Fencing, Grass Cutting and Snow Removal of Road and Sidewalk.

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
W13518300
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2249
Cross streets
Islington & Evans
Parking
1 garage · 2 parking (built-in)
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Asphalt Shingle
Maintenance
$448/mo
Exposure
East
Property tax
$5,120 / 2025
Days on market
14
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Second4.20 × 3.81 m

hardwood floor · west view · closet organizers

Family RoomGround4.40 × 3.80 m

2 pc bath · gas fireplace · w/o to yard

Primary BedroomThird6.40 × 4.60 m

hardwood floor · w/o to balcony · 5 pc ensuite

Dining RoomMain3.49 × 3.40 m

hardwood floor · combined w/living

Living RoomMain4.40 × 3.67 m

hardwood floor · open concept · window

Bedroom 2Second3.80 × 3.80 m

hardwood floor · semi ensuite · walk-in closet(s)

KitchenMain4.70 × 3.80 m

hardwood floor · renovated · overlooks backyard

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.37Mest. value

Listed at $1,239,900, 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.

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

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, lower than the comparables and worth a second look.

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 $1.05M
  • Adjusts to $1.05M

That comparable adjusts to $1.05M; the $1.37M estimate above is the median of all 5 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. Evans Ave at Garroch Pl is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.24MGreat deal$1.38MOverpriced

Total price vs nearby homes. Fair value about $1.37M, median of 5 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.18Mavg asking

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

7-70 Hargrave Lane$1.20M3 James Stock Path$1.05MTH7-155 Woodbine Avenue$1.29M

The 3 closest active listings nearby.

See all comparable homes
1.24MThis home1.20M1.05M1.29MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $999K
$584this home / sqft
12active listings nearby
14days on market

This home lists 27% below the area average of $802/sqft.

11 days longer than the Toronto average (3 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.

Getting around

74/ 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: Evans Ave at Garroch Pl, about 136 m away

20+ transit stops3 grocery20+ dining20+ parks13 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.

New Toronto
$780K
Islington-City Centre West
$849K
Niagara
$559K
Humbermede
$509K
Willowdale East
$799K

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

Affordability & Mortgage

Affordability
$5,651/mo
$240KIncome needed
5.2×Price ÷ income
$1,304Weekly 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.

87%mortgage
Mortgage $5,651Property tax $427Condo fee $448Total carry $6,525

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)
$5,293per month

Mortgage amount $991,920 · 4.14% over 25 years

$247,980Down payment (20.0%)
$991,920Loan before insurance
$0CMHC premium
$6,168Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,293
Property tax
$427
Condo / maintenance fees
$448
Heating
$0
Estimated monthly cost
$6,168

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

One-time closing costs

Ontario land transfer tax
$21,273
Toronto municipal land transfer tax
$21,273
Estimated closing costs
$42,546

Plus your down payment of $247,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,429/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

$596,056Total interest paid
$1,587,976Total of all payments
Principal $991,920 Interest $596,056
YearPrincipalInterestBalance
1$23,237$40,282$968,683
2$24,209$39,310$944,473
3$25,222$38,297$919,252
4$26,277$37,242$892,975
5$27,376$36,143$865,599
6$28,521$34,998$837,078
7$29,714$33,805$807,364
8$30,957$32,562$776,407
9$32,252$31,267$744,155
10$33,601$29,918$710,554
11$35,006$28,513$675,547
12$36,471$27,048$639,077
13$37,996$25,523$601,081
14$39,585$23,934$561,495
15$41,241$22,278$520,254
16$42,966$20,553$477,288
17$44,764$18,755$432,524
18$46,636$16,883$385,888
19$48,587$14,932$337,301
20$50,619$12,900$286,682
21$52,736$10,783$233,946
22$54,942$8,577$179,004
23$57,240$6,279$121,764
24$59,635$3,884$62,129
25$62,129$1,390$0

At the end of your 5-year term

Total paid over the term
$317,595
Principal paid down
$126,321
Interest paid
$191,274
Balance remaining
$865,599

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$6,800/mo
$81,600Gross annual rent
5.0%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.

6.6%
Gross yield
− Property tax $5,120− Condo fees $5,372− Insurance $600− Vacancy & upkeep $8,976Net operating income $61,531

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

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