14 Manitoba Street, Toronto, ON

Mimico, Toronto · MLS® W13565520

$1,048,000
For Sale
Listed 2 days ago
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2Bedrooms
2Bathrooms
3Parking
1100-1500Sq Ft

About this home

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
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
2
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
Moe’s TakeTeam Asgarian · Broker
In line
$1.02Mest. value

Listed at $1,048,000, this home is right in line with comparable homes. 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 21 similar homes nearby, adjusted for size, beds, and baths.Median of 21 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $687K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

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 $1.28M
  • Bedrooms −$30K
  • Adjusts to $1.25M

That comparable adjusts to $1.25M; the $1.02M estimate above is the median of all 21 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. Royal York Rd at Evans Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$849KGreat deal$1.26MOverpriced

Total price vs nearby homes. Fair value about $1.02M, median of 21 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.

  • Open-concept layout: modern, sought-after flow.
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$1.01Mavg asking

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

224 Caledonia Road$699k6 Firstbrooke Road$1.05M81 Cleveland Street$1000k308 Roxton Road$1.10M46 Plateau Crescent$1.20M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.05MThis home699k1.05M1000k1.10M1.20MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1.03M
$806this home / sqft
38active listings nearby
2days on market

This home lists 10% below the area average of $898/sqft.

2 days faster than the Toronto average (4 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

75/ 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: Royal York Rd at Evans Ave, about 65 m away

20+ transit stops6 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.

Palmerston-Little Italy
$1000K
Corso Italia-Davenport
$951K
Rosedale-Moore Park
$2.40M
Glenfield-Jane Heights
$879K
Mount Pleasant East
$1.28M

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

Affordability & Mortgage

Affordability
$4,776/mo
$193KIncome needed
5.4×Price ÷ income
$1,102Weekly 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.

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%
$
%
4.14%
%
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)
$4,474per month

Mortgage amount $838,400 · 4.14% over 25 years

$209,600Down payment (20.0%)
$838,400Loan before insurance
$0CMHC premium
$4,745Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,474
Property tax
$271
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,745

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

6.14%Qualifying rate
$5,434/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

$503,804Total interest paid
$1,342,204Total of all payments
Principal $838,400 Interest $503,804
YearPrincipalInterestBalance
1$19,641$34,047$818,759
2$20,462$33,226$798,297
3$21,318$32,370$776,979
4$22,210$31,478$754,769
5$23,139$30,549$731,630
6$24,107$29,581$707,523
7$25,115$28,573$682,407
8$26,166$27,522$656,242
9$27,260$26,428$628,982
10$28,400$25,288$600,581
11$29,588$24,100$570,993
12$30,826$22,862$540,167
13$32,115$21,573$508,051
14$33,459$20,229$474,592
15$34,858$18,830$439,734
16$36,316$17,372$403,417
17$37,835$15,853$365,582
18$39,418$14,270$326,164
19$41,067$12,621$285,097
20$42,785$10,904$242,312
21$44,574$9,114$197,738
22$46,439$7,249$151,299
23$48,381$5,307$102,918
24$50,405$3,283$52,513
25$52,513$1,175$0

At the end of your 5-year term

Total paid over the term
$268,441
Principal paid down
$106,770
Interest paid
$161,670
Balance remaining
$731,630

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$2,300/mo
$27,600Gross annual rent
1.9%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.

2.6%
Gross yield
− Property tax $3,253− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $19,911

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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