311-300 Manitoba Street, Toronto, ON
Mimico, Toronto · MLS® W13590028
About this home
Authentic, two-storey heritage hard loft delivering elite architectural prestige. A steal of a deal - Now offered at less than $1,050/sqft! Meticulously customized residence-boasting over 1,200 sqft with the unique potential to further expand the footprint-outpaces similar desirable Lakeshore and downtown offerings in scale, acoustic privacy, and sheer value. South-facing natural light floods the layout through a wall of windows, framed by 18-foot exposed concrete ceilings and exposed monumental pillars. Redesigned with uncompromising specificity. The chef's kitchen features custom millwork, bookmatched marble, and a Bosch gas appliance suite. A central tablet commands the integrated smart home, controlling Sonos audio, Hunter Douglas shades, and smart LED lighting. The upper level features solid hardwood and sleek glass railings; for buyers requiring traditional privacy, the open-concept bedrooms can be fully enclosed via a non-complex glass partition addition (concept renderings available). Rare independent direct-vent HVAC system (not as typically shared through the building) and upgraded soundproofing between units for ultimate privacy. Complete with 2 finished lockers (with shelving/safe) and 2 oversized, truck-friendly parking spaces with EV charging availability. Secured within a gated Humber Bay community.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- W13590028
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- Lake Shore Blvd West & Park Lawn Rd
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,132/mo
- Exposure
- South
- Property tax
- $2,948 / 2025
- Days on market
- 1
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
open concept · open stairs · closet organizers
marble floor · heated floor · ceiling fan(s)
marble counter · glass doors · recessed lighting
hardwood floor · pot lights · closet organizers
quartz counter · built-in speakers · heated floor
quartz counter · pot lights · hardwood floor
large window · gas fireplace · south view
quartz counter · glass doors · laundry sink
modern kitchen · quartz counter · recessed lighting
Listed at $1,250,000, this home is tracking about 31% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
In Mimico lately, sellers have been getting about 96% of asking and homes sell in about 41 days.
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 44 similar homes nearby, adjusted for size, beds, and baths.Median of 44 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $676K, 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 $1.40M
- Adjusts to $1.40M
That comparable adjusts to $1.40M; the $956K estimate above is the median of all 44 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.
Total price vs nearby homes. Fair value about $956K, median of 44 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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 8% above the area average of $889/sqft.
0 days faster than the Toronto average (1 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.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $1,000,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,336
- Property tax
- $246
- Condo / maintenance fees
- $1,132
- Heating
- $0
- Estimated monthly cost
- $6,714
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,475
- Toronto municipal land transfer tax
- $21,475
- Estimated closing costs
- $42,950
Plus your down payment of $250,000. 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
- $320,182
- Principal paid down
- $127,350
- Interest paid
- $192,832
- Balance remaining
- $872,650
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 REALTRON REALTY INC.. MLS®/PropTx.