311-300 Manitoba Street, Toronto, ON
Mimico, Toronto · MLS® W13590044
About this home
Authentic, two-storey heritage hard loft delivering elite architectural prestige. A steal of a deal - Now offered at just $5,500! Meticulously customized residence-boasting over 1,200 sqft with the unique potential to further expand the footprint-outpaces similar desirableLakeshore and downtown offerings in scale, acoustic privacy, and sheer value. South-facing natural light floods the layout through a wall ofwindows, framed by 18-foot exposed concrete ceilings and exposed monumental pillars. Redesigned with uncompromising specificity. Thechef's kitchen features custom millwork, bookmatched marble, and a Bosch gas appliance suite. A central tablet commands the integratedsmart home, controlling Sonos audio, Hunter Douglas shades, and smart LED lighting. The upper level features solid hardwood and sleek glassrailings; 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 upgradedsoundproofing between units for ultimate privacy. Complete with 2 finished lockers (with shelving/safe) and 2 oversized, truck-friendly parkingspaces with EV charging availability. Secured within a gated Humber Bay community.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- W13590044
- 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
- Exposure
- South
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
quartz counter · glass doors · laundry sink
modern kitchen · quartz counter · recessed lighting
open concept · open stairs · closet organizers
hardwood floor · pot lights · closet organizers
marble counter · glass doors · recessed lighting
quartz counter · built-in speakers · heated floor
large window · gas fireplace · south view
marble floor · heated floor · ceiling fan(s)
quartz counter · pot lights · hardwood floor
Listed at $5,500/mo, this rental is about 5% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
In Mimico lately, landlords have been getting about 99% of asking and homes lease in about 23 days.
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 96 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 96 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
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, leased for $4,250/mo
- Bedrooms −$150/mo
- Adjusts to $4,100/mo
That comparable adjusts to $4,100/mo; the $5,222/mo estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
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 Street is about a 4-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $5,222/mo, median of 96 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.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
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 Street, about 295 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 21, 2026); conventional rates run a little higher.
Mortgage amount $4,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $23
- Property tax
- $3
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $27
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28
- Toronto municipal land transfer tax
- $28
- Estimated closing costs
- $55
Plus your down payment of $1,100. 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
- $1,409
- Principal paid down
- $560
- Interest paid
- $848
- Balance remaining
- $3,840
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.
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.