32-220 Manitoba Street, Toronto, ON
Mimico, Toronto · MLS® W13555818
About this home
Welcome to this updated, executive townhome-a bright, south-facing end unit that boasts over 1,450 square feet of beautifully designed living space, large windows, direct street access, and all the room you've been searching for. Step inside to discover a spacious main floor featuring a full-size kitchen, generous dining area, and an inviting living room anchored by a cozy gas fireplace and modern potlights. Sliding doors open onto your private patio with a direct gas BBQ hookup-perfect for effortless summer entertaining and the feel of a semi-detached home. Upstairs, you'll find two well-proportioned bedrooms and a full bathroom, while the entire third floor is reserved for an impressive primary retreat. Enjoy the privacy of your own level, complete with a spacious bedroom, ensuite bath, and a versatile bonus room-ideal for a home office, dressing room, nursery, gym, reading nook, or whatever suits your lifestyle. The lower level provides a convenient powder room, additional flex space, and direct access to a large underground parking spot. Best of all, enjoy low maintenance fees that are hard to find for a home of this size, including gated entry, alarm system (not EMS monitored), visitor parking, bike storage, snow removal, landscaping, windows, doors, roof, as well as annual window cleaning. Directly across from a large park featuring a running track, splash-pad, playground, and off-leash dog area. You're just minutes from the waterfront, scenic trails, local restaurants, shops, and the Mimico GO Station for a quick and convenient commute downtown. This townhome offers the space of a house with the ease of condo living, making it a fantastic opportunity in one of South Etobicoke's most sought-after communities. Maintenance fee covers: Water, Building Insurance, Common Elements (Gated entry, visitors parking, bike storage, built-in alarm system (not EMS monitored), snow removal, landscaping, as well as annual garage and window cleaning).
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- W13555818
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Legion Rd N & Manitoba St
- Parking
- 1 garage (underground)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $755/mo
- Exposure
- South
- Property tax
- $3,793 / 2025
- Days on market
- 4
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
2 pc bath · tile floor
hardwood floor · juliette balcony · window
4 pc bath · tile floor
hardwood floor · closet · window
w/o to garage · combined w/br
hardwood floor · open concept · pot lights
4 pc bath · separate shower · soaking tub
hardwood floor · closet · window
hardwood floor · closet · overlook patio
hardwood floor · fireplace · w/o to patio
stainless steel appl · granite counters · tile floor
enclosed · overlook patio
Listed at $899,888, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($600/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 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $797K, a close match.
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 $799K
- Adjusts to $799K
That comparable adjusts to $799K; the $805K estimate above is the median of all 6 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 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $805K, median of 6 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 30% below the area average of $857/sqft.
1 days longer than the Toronto average (3 days).
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.
Getting around
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 165 m away
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $719,910 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,842
- Property tax
- $316
- Condo / maintenance fees
- $755
- Heating
- $0
- Estimated monthly cost
- $4,913
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,473
- Toronto municipal land transfer tax
- $14,473
- Estimated closing costs
- $28,946
Plus your down payment of $179,978. 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
- $230,503
- Principal paid down
- $91,681
- Interest paid
- $138,822
- Balance remaining
- $628,230
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 RE/MAX PROFESSIONALS INC.. MLS®/PropTx.