308-155 Legion Road, Toronto, ON

Mimico, Toronto · MLS® W13847158

$474,900
For Sale
Listed 19 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this Mystic Pointe Beauty situated in this waterfront community in Mimico.
  • A beautiful 1+1 condo with west facing views and tons of natural light.
  • The building has oudoor pool, sauna, rooftop terraces with BBQ, fitness centre, etc.

Welcome to this Mystic Pointe Beauty situated in this waterfront community in Mimico. A beautiful 1+1 condo with west facing views and tons of natural light. Comfortable opened layout suitable for entertaining. The building has oudoor pool, sauna, rooftop terraces with BBQ, fitness centre, etc. The condo itself has beautiful laminate floors, walkouts from both the living rooms and bedroom, and all appliances are only two years old. Parking is on the same level as the condo so it is close by. The unit has been freshly painted.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13847158
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Lot
620
Cross streets
Parklawn and Lakeshore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$733/mo
Exposure
South West
Property tax
$2,210 / 2025
Days on market
19
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenFlat3.05 × 1.50 m

laminate · centre island · stainless steel appl

BedroomFlat3.00 × 3.20 m

laminate · w/o to balcony · closet

Living RoomFlat4.39 × 3.63 m

laminate · w/o to balcony

DenFlat2.44 × 1.40 m

Laminate

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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.

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.

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
$2,164/mo
$106KIncome needed
4.5×Price ÷ income
$499Weekly cost
$11,946Land 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.

70%mortgage
Mortgage $2,164Property tax $184Condo fee $733Total carry $3,081

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,101per month

Mortgage amount $379,920 · 4.49% over 25 years

$94,980Down payment (20.0%)
$379,920Loan before insurance
$0CMHC premium
$3,018Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$184
Condo / maintenance fees
$733
Heating
$0
Estimated monthly cost
$3,018

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

One-time closing costs

Ontario land transfer tax
$5,973
Toronto municipal land transfer tax
$5,973
Estimated closing costs
$11,946

Plus your down payment of $94,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,542/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

$250,273Total interest paid
$630,193Total of all payments
Principal $379,920 Interest $250,273
YearPrincipalInterestBalance
1$8,478$16,730$371,442
2$8,863$16,345$362,579
3$9,266$15,942$353,313
4$9,686$15,521$343,627
5$10,126$15,082$333,501
6$10,586$14,622$322,915
7$11,066$14,141$311,849
8$11,569$13,639$300,280
9$12,094$13,114$288,185
10$12,643$12,564$275,542
11$13,217$11,990$262,325
12$13,817$11,390$248,507
13$14,445$10,763$234,062
14$15,101$10,107$218,962
15$15,786$9,421$203,175
16$16,503$8,705$186,672
17$17,252$7,955$169,420
18$18,036$7,172$151,384
19$18,855$6,353$132,529
20$19,711$5,497$112,819
21$20,606$4,602$92,213
22$21,541$3,666$70,672
23$22,519$2,688$48,152
24$23,542$1,666$24,611
25$24,611$597$0

At the end of your 5-year term

Total paid over the term
$126,039
Principal paid down
$46,419
Interest paid
$79,619
Balance remaining
$333,501

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$2,050/mo
$24,600Gross annual rent
2.2%Cap rate after taxes and upkeep

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.

5.2%
Gross yield
− Property tax $2,210− Condo fees $8,794− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,290

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

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