24 Victoria Street, Toronto, ON
Mimico, Toronto · MLS® W13851802
About this home
In short
- Rare & Exceptional Opportunity In The Heart Of Mimico.
- Currently configured as a legal duplex, featuring a spacious 2-bedroom main-floor unit and a generous 3-bedroom upper unit.
- The lower level offers an additional 1-bedroom apartment with a separate entrance, an excellent opportunity for buyers looking to maximize the property's potential.
- Set on a rare 146-foot-deep lot, the property also features a detached garage and private parking; an exceptional offering in this highly sought-after Mimico...
- Steps to Parklawn and Lakeshore, enjoy the best of Mimico with the lake, waterfront trails, parks, dining, shopping, transit and major commuter routes all close by.
Rare & Exceptional Opportunity In The Heart Of Mimico! This well-maintained, owner-occupied legal duplex offers an incredible combination of multiple units, location, lot size, and parking. Currently configured as a legal duplex, featuring a spacious 2-bedroom main-floor unit and a generous 3-bedroom upper unit. The lower level offers an additional 1-bedroom apartment with a separate entrance, an excellent opportunity for buyers looking to maximize the property's potential. Each unit features separate hydro meter and ensuite laundry. Set on a rare 146-foot-deep lot, the property also features a detached garage and private parking; an exceptional offering in this highly sought-after Mimico neighbourhood. The home has been lovingly cared for by its owner and offers a fantastic opportunity for investors, multi-generational families or buyers looking for additional rental income. Steps to Parklawn and Lakeshore, enjoy the best of Mimico with the lake, waterfront trails, parks, dining, shopping, transit and major commuter routes all close by. A truly rare property with exceptional potential in one of Toronto's most desirable west-end communities.
Key facts
- Property type
- Other, 2-Storey
- MLS®
- W13851802
- Bedrooms
- 5+1 (6 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 25 × 146 ft
- Cross streets
- Victoria St & Louisa St
- Parking
- 4 parking
- Basement
- Apartment, Finished with Walk-Out, Finished, Separate Entrance
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Concrete
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,580 / 2025
- Days on market
- 19
- Listing brokerage
- RE/MAX WEST REALTY INC.
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 readThe assigned public school is Market Lane Junior and Senior Public 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
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $959,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,308
- Property tax
- $465
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,773
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,475
- Toronto municipal land transfer tax
- $20,475
- Estimated closing costs
- $40,950
Plus your down payment of $240,000. 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
- $318,480
- Principal paid down
- $117,294
- Interest paid
- $201,186
- Balance remaining
- $842,705
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 WEST REALTY INC.. MLS®/PropTx.