65 Manitoba Street, Toronto, ON

Mimico, Toronto · MLS® W13566850

$875,000
For Sale
Listed 2 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
700-1100Sq Ft

About this home

Charming Semi-Detached Bungalow in the heart of Mimico. Located on a Deep Lot. High Ceiling throughout. Finished lower level with separate entrance. Several upgrades. New Gas Furnace (2024). Duct work (2026), New Gas Water Tank (2026). New Roof on Detached Garage (2024). New Bathroom on Main Floor (2024). New Shower Basement Bathroom (2024). New Roof Vents (2024). Backyard Grass and Seeding (2025). New Pot Lights and Basement Ceiling (2026). Freshly Painted. New A/C (2025). Easy Access to Main Highway, Walking Distance to Go Station, Lakeshore Promenade, Great Schools. An Amazing Home in a wonderful, quaint location! Must See!

Key facts

Property type
Semi-Detached, Bungalow
MLS®
W13566850
Bedrooms
3 (2 + 1)
Bathrooms
2 (1 half)
Size
700-1100
Lot
27 × 125 ft
Cross streets
Manitoba & Royal York
Parking
1 garage · 2 parking (detached)
Driveway
Mutual, Right Of Way
Basement
Full, Finished
Heating
Forced Air
A/C
None
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,072 / 2025
Days on market
2
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

Dining RoomMain3.35 × 2.11 m

Laminate

Cold Room/CantinaBasement1.55 × 1.12 m
Living RoomMain4.52 × 3.35 m

laminate · large window

FoyerMain1.91 × 1.24 m
Utility RoomBasement3.20 × 3.10 m
Bedroom 3Basement3.81 × 2.95 m
Primary BedroomMain3.23 × 3.10 m

laminate · double closet

KitchenMain2.80 × 2.54 m

backsplash · window

RecreationBasement5.92 × 3.53 m

broadloom · fireplace

Bedroom 2Main2.87 × 2.79 m
Moe’s TakeTeam Asgarian · Broker
In the wider range
$712Kest. value

Listed at $875,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 60 similar homes nearby, adjusted for size, beds, and baths.Median of 60 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $817K, a bit higher. 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 $727K
  • Bathrooms −$15K
  • Adjusts to $712K

That comparable adjusts to $712K; the $712K estimate above is the median of all 60 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. Portland St at Wesley St West Side is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$556KGreat deal$898KOverpriced

Total price vs nearby homes. Fair value about $712K, median of 60 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Income potential
  • Value driver
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$884kavg asking

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

41 Clapperton Avenue$699k33 Elise Terrace$940k21 Buckland Road$800k18 Tuna Court$1.10M

The 4 closest active listings nearby.

See all comparable homes
875kThis home699k940k800k1.10MThis home vs active comparables
Live market pulseActive comparables in Toronto · median list $1000K
$972this home / sqft
60active listings nearby
2days on market

This home lists 18% above the area average of $825/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: Portland St at Wesley St West Side, about 280 m away

20+ transit stops6 grocery20+ dining20+ parks14 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
Mount Pleasant East
$1.28M
Glenfield-Jane Heights
$879K

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
$3,988/mo
$166KIncome needed
5.3×Price ÷ income
$920Weekly 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.

92%mortgage
Mortgage $3,988Property tax $339Total carry $4,327

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)
$3,735per month

Mortgage amount $700,000 · 4.14% over 25 years

$175,000Down payment (20.0%)
$700,000Loan before insurance
$0CMHC premium
$4,075Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,735
Property tax
$339
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,075

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

One-time closing costs

Ontario land transfer tax
$13,975
Toronto municipal land transfer tax
$13,975
Estimated closing costs
$27,950

Plus your down payment of $175,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,537/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

$420,638Total interest paid
$1,120,638Total of all payments
Principal $700,000 Interest $420,638
YearPrincipalInterestBalance
1$16,399$28,427$683,601
2$17,085$27,741$666,517
3$17,799$27,026$648,718
4$18,544$26,282$630,174
5$19,319$25,506$610,855
6$20,127$24,698$590,727
7$20,969$23,856$569,758
8$21,846$22,979$547,912
9$22,760$22,065$525,152
10$23,712$21,113$501,439
11$24,704$20,121$476,735
12$25,737$19,088$450,998
13$26,814$18,012$424,184
14$27,936$16,890$396,248
15$29,104$15,721$367,144
16$30,321$14,504$336,823
17$31,590$13,236$305,233
18$32,911$11,914$272,322
19$34,288$10,538$238,034
20$35,722$9,104$202,312
21$37,216$7,609$165,096
22$38,773$6,053$126,323
23$40,395$4,431$85,929
24$42,084$2,741$43,845
25$43,845$981$0

At the end of your 5-year term

Total paid over the term
$224,128
Principal paid down
$89,145
Interest paid
$134,982
Balance remaining
$610,855

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$1,450/mo
$17,400Gross annual rent
1.1%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.

2.0%
Gross yield
− Property tax $4,072− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,014

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CROSSROADS REALTY INC.. MLS®/PropTx.

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