907-11 Superior Avenue, Toronto, ON

Mimico, Toronto · MLS® W13669522

$399,000
For Sale
Just listed today
Request a showing
◎ Directions
2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft
8 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to this bright and well designed **1+1 bedroom condo** in one of Mimico's charming low rise boutique buildings. This thoughtfully laid out suite features a separate den, perfect for a home office, guest room or additional living space. Enjoy **floor to ceiling windows**, an open concept living and dining area, and a **private balcony with views of Lake Ontario**. Ideally located just steps from transit, shopping, restaurants and waterfront trails, with easy access to the Gardiner Expressway and Lakeshore Boulevard. An excellent opportunity for first time buyers, investors or downsizers looking for comfort, convenience and value in a highly desirable west end community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13669522
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Lake Shore Blvd & Superior Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$494/mo
Exposure
South West
Property tax
$1,749 / 2025
Listing brokerage
LUXURY HOMES WORLD INC.

Rooms

Living RoomFlat4.74 × 2.29 m

laminate · w/o to balcony · combined w/dining

Primary BedroomFlat3.35 × 2.31 m

laminate · closet · sliding doors

KitchenFlat3.35 × 2.62 m

laminate · breakfast bar · open concept

DenFlat1.68 × 1.58 m

laminate · closet

Our TakeTeam Asgarian · Broker
Below comparables
$486Kest. value

Listed at $399,000, and my independent estimate is about 18% below comparable homes, worth a close look.

In Mimico lately, sellers get about 96% of asking; homes sell in ~38 days.

List price
$399KGreat deal$503KOverpriced

Total price vs nearby homes. Fair value about $486K, median of 4 comparables.

How this estimate is builtthe short version

I take the 4 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $402K, a bit lower.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

The assigned public school is John English Junior Middle 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. Superior Avenue is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 4 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$509kavg asking

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

309-56 Annie Craig Drive$399k208-155 Legion Road$480k3306-2220 Lake Shore Boulevard$499k603-20 Shore Breeze Drive$579k4201-38 Annie Craig Drive$589k

The 5 closest of 8 active listings nearby.

See all comparable homes
399kThis home399k480k499k579k589kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $530K
$726this home / sqft
41active listings nearby
99sold nearby · 90 days
$568Kmedian sold price
96%of asking, on average

This home lists 16% below the area average of $862/sqft.

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

100/ 100

Walker's ParadiseA 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Superior Avenue, about 35 m away

20+ transit stops3 grocery20+ dining20+ parks7 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.

Waterfront Communities C1
$560K
Church-Yonge Corridor
$540K
Moss Park
$439K
York University Heights
$456K
Bayview Village
$459K

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 David Hornell Junior School
68%
David Hornell Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$1,819/mo
$87KIncome needed
4.6×Price ÷ income
$420Weekly 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.

74%mortgage
Mortgage $1,819Property tax $146Condo fee $494Total carry $2,458

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%
$
%
4.19%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.04% via Ratehub.ca (as of August 13, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,712per month

Mortgage amount $319,200 · 4.19% over 25 years

$79,800Down payment (20.0%)
$319,200Loan before insurance
$0CMHC premium
$2,352Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,712
Property tax
$146
Condo / maintenance fees
$494
Heating
$0
Estimated monthly cost
$2,352

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

One-time closing costs

Ontario land transfer tax
$4,460
Toronto municipal land transfer tax
$4,460
Estimated closing costs
$8,920

Plus your down payment of $79,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.19%Qualifying rate
$2,078/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

$194,429Total interest paid
$513,629Total of all payments
Principal $319,200 Interest $194,429
YearPrincipalInterestBalance
1$7,426$13,119$311,774
2$7,741$12,804$304,033
3$8,068$12,477$295,965
4$8,410$12,135$287,555
5$8,766$11,779$278,789
6$9,137$11,408$269,651
7$9,524$11,021$260,127
8$9,927$10,618$250,200
9$10,348$10,197$239,852
10$10,786$9,759$229,066
11$11,242$9,303$217,824
12$11,718$8,827$206,106
13$12,215$8,331$193,891
14$12,732$7,813$181,159
15$13,271$7,274$167,889
16$13,833$6,713$154,056
17$14,418$6,127$139,638
18$15,029$5,516$124,609
19$15,665$4,880$108,944
20$16,328$4,217$92,616
21$17,020$3,526$75,596
22$17,740$2,805$57,856
23$18,491$2,054$39,364
24$19,274$1,271$20,090
25$20,090$455$0

At the end of your 5-year term

Total paid over the term
$102,726
Principal paid down
$40,411
Interest paid
$62,314
Balance remaining
$278,789

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$1,700/mo
$20,400Gross annual rent
2.5%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.

5.1%
Gross yield
− Property tax $1,749− Condo fees $5,926− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,880

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LUXURY HOMES WORLD INC.. MLS®/PropTx.

CallRequest a showing