2513-155 Legion Road, Toronto, ON

Mimico, Toronto · MLS® W13838808

$759,000
For Sale
Listed 20 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Top 5 Reasons You'll Fall in Love with this Home: 1.
  • A bright corner suite offering over 1,000 sqft of thoughtfully designed space with soaring floor-to-ceiling windows, 9' ceilings, and sweeping views of the lake...
  • An open-concept layout made for entertaining, with a seamless flow between the kitchen, living, and dining areas that's perfect for hosting or unwinding.
  • Resort-style living in a prime Mimico location, in a well-managed, amenity-rich building with a rooftop terrace, outdoor pool, sauna, gym, media/theatre room, party...

Top 5 Reasons You'll Fall in Love with this Home: 1. A bright corner suite offering over 1,000 sqft of thoughtfully designed space with soaring floor-to-ceiling windows, 9' ceilings, and sweeping views of the lake, city, and Mimico Creek Park. 2. An open-concept layout made for entertaining, with a seamless flow between the kitchen, living, and dining areas that's perfect for hosting or unwinding. 3. A kitchen featuring a modern design and lake views right from the window, bringing natural light and scenery into your daily routine. 4. A spacious balcony with skyline views, where you can enjoy summer evenings overlooking the city and taking in the lights. 5. Resort-style living in a prime Mimico location, in a well-managed, amenity-rich building with a rooftop terrace, outdoor pool, sauna, gym, media/theatre room, party and billiards rooms, all just steps to waterfront trails, transit, shops, and quick access to downtown.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13838808
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Lakeshore & Park Lawn
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,251/mo
Exposure
South East
Property tax
$3,484 / 2025
Days on market
20
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

Primary BedroomSecond4.08 × 3.63 m
BathroomSecond1.57 × 3.34 m

Ensuite Bath

KitchenMain4.05 × 3.22 m
Living RoomMain3.08 × 3.77 m
Dining RoomMain4.06 × 3.02 m
FoyerMain1.43 × 1.88 m
Bedroom 2Second2.96 × 2.89 m
BathroomMain1.45 × 2.23 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$736Klikely sale price

Listed at $759,000. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 105 local closings in 90 days), the likely sale price is near $736K, if it sells. A realistic range is $693K to $796K.

Independent value check: $775K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $721K and $815K).

Why $775K. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 1,000 to 1,199 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,484 a year; the typical home sold here pays about $2,800.
  • ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$693KBelow recent closings$796KAbove recent closings

Total price vs nearby homes. Likely closing about $736K, from 105 recent closings in this pocket.

The market behind the math:

105sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average
+2%prices vs a year ago
~35 dayshomes like this take to sell
20days on market so far
$3,507/moest. rent · 5 leases
5.5%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.8 months of inventory: 97 condo apartment homes for sale in the area against 105 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $690/sqft against an area asking average of $898/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 105 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $680K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.

Based on 14 homes sold in this building over the past 14 months, from 499 closings in Mimico.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$651kavg asking

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

Per square foot, these ask about $653/sqft; this home lists at $690/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
759kThis home680k649k625kThis home vs active comparables

Sold price trend

Median sold price for condos in Mimico: $560K in September 2026, up 1% from a year ago, on 470 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$610K43
November 2025$580K37
December 2025$650K31
January 2026$592K30
February 2026$605K31
March 2026$645K48
April 2026$642K48
May 2026$610K30
June 2026$602K49
July 2026$695K41
August 2026$595K45
September 2026$560K37

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Little Portugal
$549K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Markland Wood
$680K
Waterfront Communities C1
$610K

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 · 0.9 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
David Hornell Junior School · Public elementary0.6 km · 68% at standard
St Mark Catholic School · Catholic elementary1.1 km · 59% at standard
Karen Kain School of the Arts · Public elementary1.2 km · 76% at standard
Étienne Brûlé Junior School · Public elementary1.3 km · 79% at standard
St Leo Catholic School · Catholic elementary1.3 km · 82% at standard
Etobicoke School of the Arts · Public secondary1.4 km · 80% at standard
Park Lawn Junior and Middle School · Public elementary1.6 km · 71% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.7 km · 88% at standard
Castlebar Junior School · Public elementary2.2 km · 82% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.3 km · 78% at standard
Holy Angels Catholic School · Catholic elementary2.4 km · 84% at standard
Second Street Junior Middle School · Public elementary2.4 km · 69% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,459/mo
$168KIncome needed
4.5×Price ÷ income
$798Weekly cost
$23,310Land transfer tax, one-time (Ontario + Toronto)
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.

69%mortgage
Mortgage $3,459Property tax $290Condo fee $1,251Total carry $5,001

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,357per month

Mortgage amount $607,200 · 4.49% over 25 years

$151,800Down payment (20.0%)
$607,200Loan before insurance
$0CMHC premium
$4,899Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,357
Property tax
$290
Condo / maintenance fees
$1,251
Heating
$0
Estimated monthly cost
$4,899

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

One-time closing costs

Ontario land transfer tax
$11,655
Toronto municipal land transfer tax
$11,655
Estimated closing costs
$23,310

Plus your down payment of $151,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,063/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

$399,994Total interest paid
$1,007,194Total of all payments
Principal $607,200 Interest $399,994
YearPrincipalInterestBalance
1$13,550$26,738$593,650
2$14,165$26,122$579,485
3$14,809$25,479$564,676
4$15,481$24,807$549,195
5$16,184$24,104$533,011
6$16,919$23,369$516,093
7$17,687$22,601$498,406
8$18,490$21,798$479,916
9$19,329$20,958$460,587
10$20,207$20,081$440,380
11$21,124$19,163$419,256
12$22,084$18,204$397,172
13$23,086$17,202$374,086
14$24,134$16,153$349,951
15$25,230$15,058$324,721
16$26,376$13,912$298,345
17$27,573$12,714$270,772
18$28,825$11,462$241,947
19$30,134$10,154$211,813
20$31,502$8,785$180,310
21$32,933$7,355$147,378
22$34,428$5,860$112,950
23$35,991$4,297$76,959
24$37,625$2,663$39,334
25$39,334$954$0

At the end of your 5-year term

Total paid over the term
$201,439
Principal paid down
$74,189
Interest paid
$127,250
Balance remaining
$533,011

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
From 5 whole-home leases in Mimico$3,507/mo
$42,084Gross annual rent
2.4%Cap rate after taxes and upkeep
$3,086 to $3,928Typical rent range
~18 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 5 whole-home leases in Mimico signed at a median of $2,750 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,507. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.5%
Gross yield
− Property tax $3,484− Condo fees $15,012− Insurance $600− Vacancy & upkeep $4,629Net operating income $18,359

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

CallRequest a showing