712-11 Superior Ave Avenue, Toronto, ON

Mimico, Toronto · MLS® W13852752

$619,000
For Sale
Listed 14 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Experience Elevated Waterfront Living In This Exceptional Bright Corner Suite With Breathtaking Panoramic Views Of Lake Ontario, The Marina, Toronto Island & The...
  • This Highly Functional 2-Bedroom Suite Features An Open-Concept Layout With Hardwood Flooring Throughout, Large Windows In Both Bedrooms, A Full 4-Piece Bath Plus A...

Experience Elevated Waterfront Living In This Exceptional Bright Corner Suite With Breathtaking Panoramic Views Of Lake Ontario, The Marina, Toronto Island & The Iconic CN Tower Skyline. This Highly Functional 2-Bedroom Suite Features An Open-Concept Layout With Hardwood Flooring Throughout, Large Windows In Both Bedrooms, A Full 4-Piece Bath Plus A Convenient 2-Piece Bath. The Modern Kitchen Is Designed For Both Everyday Living & Entertaining, Featuring Granite Countertops, Stainless Steel Appliances & A Centre Island With Additional Seating & Prep Space. Step Out Onto The Expansive Walk-Out Balcony And Take In Spectacular Lake & Downtown Skyline Views. The Primary Bedroom Offers An Upgraded Closet, While The Second Bedroom Includes A Murphy Bed, Included For Added Flexibility & Convenience. Parking & Locker Included. Ideally Located Near The Waterfront, Shops, Cafés, Restaurants & Mimico GO Station. A Rare Opportunity To Own A Spacious, Functional Corner Suite With Unforgettable Views & Exceptional Waterfront Lifestyle!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13852752
Bedrooms
2
Bathrooms
2 (1 half)
Size
700-799 sq ft
Cross streets
Superior Ave and Lakeshore Blvd W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$802/mo
Exposure
South
Property tax
$2,640 / 2026
Days on market
14
Listing brokerage
CIRCLE REAL ESTATE

Rooms

Bedroom 2Flat3.35 × 2.49 m

window · hardwood floor · murphy bed

Primary BedroomFlat3.66 × 2.82 m

large window · hardwood floor · 4 pc ensuite

KitchenFlat3.68 × 2.20 m

granite counters · centre island · stainless steel appl

Living RoomFlat5.44 × 4.62 m

open concept · hardwood floor · combined w/kitchen

Dining RoomFlat5.44 × 4.62 m

open concept · hardwood floor · combined w/living

Our TakeTeam Asgarian · Broker
A small discount is typical
$601Klikely sale price

Listed at $619,000. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 106 local closings in 90 days), the likely sale price is near $601K, if it sells. A realistic range is $566K to $650K.

Independent value check: $556K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $517K and $584K).

Why $556K. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:

  • ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $2,640 a year; the typical home sold here pays about $2,800.
List price
$566KBelow recent closings$650KAbove recent closings

Total price vs nearby homes. Likely closing about $601K, from 106 recent closings in this pocket.

The market behind the math:

106sold nearby · 90 days
$609Kmedian sold price
96%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
14days on market so far
$2,925/moest. rent · 439 leases
5.7%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 61 condo apartment homes for sale in the area against 106 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 $826/sqft against an area asking average of $864/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 106 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $549K. Condition and finishes remain an in-person call.

What the listing highlights2 points 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
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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.

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

Priced above comparable homes overall, but the price per square foot ($826/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 106 comparable homes that sold in Mimico over the past 14 months, from 499 closings there.

Sold price trend

Median sold price for condos in Mimico: $560K in September 2026, up 1% from a year ago, on 469 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$560K36

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.

High Park-Swansea
$399K
Islington-City Centre West
$451K
Niagara
$645K
Waterfront Communities C1
$572K
Bay Street Corridor
$686K

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
Also nearby: 9 more schools within 2.5 km
George R Gauld Junior School · Public elementary1.0 km · 73% at standard
St Louis Catholic School · Catholic elementary1.5 km · 76% at standard
Second Street Junior Middle School · Public elementary1.5 km · 69% at standard
Karen Kain School of the Arts · Public elementary2.0 km · 76% at standard
Etobicoke School of the Arts · Public secondary2.1 km · 80% at standard
Seventh Street Junior School · Public elementary2.1 km · 73% at standard
St Mark Catholic School · Catholic elementary2.1 km · 59% at standard
Étienne Brûlé Junior School · Public elementary2.3 km · 79% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.5 km · 88% at standard

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

Affordability & Mortgage

Affordability
$2,821/mo
$133KIncome needed
4.7×Price ÷ income
$651Weekly cost
$17,710Land 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.

73%mortgage
Mortgage $2,821Property tax $220Condo fee $802Total carry $3,843

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 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,738per month

Mortgage amount $495,200 · 4.49% over 25 years

$123,800Down payment (20.0%)
$495,200Loan before insurance
$0CMHC premium
$3,760Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,738
Property tax
$220
Condo / maintenance fees
$802
Heating
$0
Estimated monthly cost
$3,760

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

One-time closing costs

Ontario land transfer tax
$8,855
Toronto municipal land transfer tax
$8,855
Estimated closing costs
$17,710

Plus your down payment of $123,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,314/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

$326,214Total interest paid
$821,414Total of all payments
Principal $495,200 Interest $326,214
YearPrincipalInterestBalance
1$11,051$21,806$484,149
2$11,553$21,304$472,597
3$12,077$20,780$460,520
4$12,625$20,231$447,894
5$13,199$19,658$434,696
6$13,798$19,059$420,898
7$14,424$18,432$406,473
8$15,079$17,777$391,394
9$15,764$17,093$375,630
10$16,480$16,377$359,150
11$17,228$15,629$341,923
12$18,010$14,846$323,912
13$18,828$14,029$305,084
14$19,683$13,174$285,402
15$20,576$12,280$264,825
16$21,511$11,346$243,315
17$22,487$10,369$220,827
18$23,508$9,348$197,319
19$24,576$8,281$172,743
20$25,692$7,165$147,051
21$26,858$5,998$120,193
22$28,078$4,779$92,116
23$29,352$3,504$62,763
24$30,685$2,171$32,078
25$32,078$778$0

At the end of your 5-year term

Total paid over the term
$164,283
Principal paid down
$60,504
Interest paid
$103,778
Balance remaining
$434,696

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 439 whole-home leases in Mimico$2,925/mo
$35,100Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,779 to $3,071Typical 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 439 whole-home leases in Mimico signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,925. 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.

5.7%
Gross yield
− Property tax $2,640− Condo fees $9,624− Insurance $600− Vacancy & upkeep $3,861Net operating income $18,375

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CIRCLE REAL ESTATE. MLS®/PropTx.

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