14 Manitoba Street, Toronto, ON

Mimico, Toronto · MLS® W13565520

$1,048,000
For Sale
Listed 76 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
3Parking
1100-1500Sq ft

About this home

In short

  • Welcome to 14 Manitoba St, a charming freehold home in the heart of Mimico offering comfortable living without any maintenance or POTL fees.
  • The bright, open concept main floor is filled with natural light and designed for easy everyday living and entertaining.
  • A standout feature of this property is the custom four-season, 10x10ft garden suite in the backyard.
  • Commuting is simple with Mimico GO Station nearby, and downtown Toronto is only 10 to 15 minutes away.

Welcome to 14 Manitoba St, a charming freehold home in the heart of Mimico offering comfortable living without any maintenance or POTL fees. The bright, open concept main floor is filled with natural light and designed for easy everyday living and entertaining. A standout feature of this property is the custom four-season, 10x10ft garden suite in the backyard. This versatile space is ideal as a home office, gym, creative studio, or private retreat for work or relaxation. Whether you work from home, need extra space for hobbies, or want a quiet escape, this bonus structure adds tremendous flexibility to the property. The backyard also includes a large matching storage shed, providing excellent space for bikes, tools, seasonal items, or outdoor gear. Enjoy your own peaceful backyard setting while being just steps to the shops, restaurants, and cafes along The Queensway and Mimico Village, including San Remo Bakery, Jimmy's Coffee, and Revolver Pizza. Commuting is simple with Mimico GO Station nearby, and downtown Toronto is only 10 to 15 minutes away. A rare opportunity to own a thoughtfully upgraded home in one of Etobicoke's most convenient neighbourhoods.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
W13565520
Bedrooms
2
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Lot
25 × 125.5 ft
Cross streets
Royal York & Evans
Parking
3 parking
Driveway
Mutual
Basement
Unfinished, Half
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,253 / 2026
Days on market
76
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

Dining RoomMain3.81 × 3.81 m
Primary BedroomSecond3.84 × 3.76 m
Bedroom 2Second2.67 × 3.40 m
KitchenMain3.18 × 4.27 m
LaundryLower3.35 × 4.01 m
OtherMain2.74 × 3.96 m
Living RoomMain3.58 × 3.48 m
Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$819Kautomated estimate, from recent sales

Listed at $1,048,000, about 28% above our estimate of $819K (homes like it typically land between $768K and $859K).

Longer on the market than typical. 76 days on the market, and asking 28% above where comparable closings put it.

List price
$768KBelow our range$1.05MAbove our range

Total price vs nearby homes. Fair value about $819K, learned from recent GTA sales.

The market behind the math:

76days on market so far
$3,950/moest. rent · 5 leases
4.5%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $806/sqft against an area asking average of $718/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $832K. Condition and finishes remain an in-person call.

What the listing highlights2 points 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
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
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

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

Based on 5 comparable homes that sold in Mimico over the past two years, from 13 closings there.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$1.02Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $819K, which is where my estimate comes from.

Per square foot, these ask about $718/sqft; this home lists at $806/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.05MThis home829k1.18M910k799k1.36MThis home vs active comparables

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.

Roncesvalles
$899K
Corso Italia-Davenport
$1.01M
Dovercourt-Wallace Emerson-Junction
$1.26M
Palmerston-Little Italy
$1.96M
Oakwood Village
$1.07M

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 · 0.2 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Leo Catholic School · Catholic elementary0.9 km · 82% at standard
David Hornell Junior School · Public elementary0.9 km · 68% at standard
Karen Kain School of the Arts · Public elementary1.0 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.0 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.4 km · 88% at standard
Castlebar Junior School · Public elementary1.5 km · 82% at standard
Holy Angels Catholic School · Catholic elementary1.6 km · 84% at standard
St Mark Catholic School · Catholic elementary1.6 km · 59% at standard
Étienne Brûlé Junior School · Public elementary1.7 km · 79% at standard
Park Lawn Junior and Middle School · Public elementary1.8 km · 71% at standard
Norseman Junior Middle School · Public elementary1.9 km · 77% at standard
Second Street Junior Middle School · Public elementary2.0 km · 69% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,776/mo
$193KIncome needed
5.4×Price ÷ income
$1,102Weekly cost
$34,870Land transfer tax, one-time (Ontario + Toronto)
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.

95%mortgage
Mortgage $4,776Property tax $271Total carry $5,048

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,636per month

Mortgage amount $838,400 · 4.49% over 25 years

$209,600Down payment (20.0%)
$838,400Loan before insurance
$0CMHC premium
$4,907Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,636
Property tax
$271
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,907

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

One-time closing costs

Ontario land transfer tax
$17,435
Toronto municipal land transfer tax
$17,435
Estimated closing costs
$34,870

Plus your down payment of $209,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,611/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

$552,297Total interest paid
$1,390,697Total of all payments
Principal $838,400 Interest $552,297
YearPrincipalInterestBalance
1$18,710$36,918$819,690
2$19,559$36,069$800,131
3$20,447$35,181$779,684
4$21,375$34,252$758,309
5$22,346$33,282$735,963
6$23,361$32,267$712,602
7$24,421$31,207$688,181
8$25,530$30,098$662,651
9$26,689$28,939$635,962
10$27,901$27,727$608,061
11$29,168$26,460$578,893
12$30,492$25,136$548,401
13$31,877$23,751$516,524
14$33,324$22,304$483,200
15$34,837$20,791$448,363
16$36,419$19,209$411,945
17$38,072$17,556$373,872
18$39,801$15,827$334,071
19$41,608$14,020$292,463
20$43,497$12,131$248,966
21$45,472$10,156$203,494
22$47,537$8,091$155,957
23$49,695$5,933$106,262
24$51,952$3,676$54,310
25$54,310$1,318$0

At the end of your 5-year term

Total paid over the term
$278,139
Principal paid down
$102,437
Interest paid
$175,702
Balance remaining
$735,963

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
From 5 whole-home leases in Mimico$3,950/mo
$47,400Gross annual rent
3.6%Cap rate after taxes and upkeep
$2,250 to $4,424Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Mimico signed at a median of $4,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,950. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

4.5%
Gross yield
− Property tax $3,253− Insurance $1,400− Vacancy & upkeep $5,214Net operating income $37,533

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

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