838-250 Manitoba Street, Toronto, ON
Mimico, Toronto · MLS® W13869664
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About this home
In short
- Welcome to this spacious 2-storey loft in the sought-after Mystic Pointe community in Mimico.
- Offering approximately 1,090 sq. ft. of living space, this bright 1+1 bedroom, 2 bathroom suite features soaring 17 ft ceilings, dramatic floor-to-ceiling windows, a...
- The upper level offers a generous primary bedroom with walk-in closet and a versatile den that can be used as a home office, guest area, or additional living space.
- Conveniently located close to the waterfront, parks, trails, TTC, Mimico GO, shopping, restaurants, and major highways.
Welcome to this spacious 2-storey loft in the sought-after Mystic Pointe community in Mimico. Offering approximately 1,090 sq. ft. of living space, this bright 1+1 bedroom, 2 bathroom suite features soaring 17 ft ceilings, dramatic floor-to-ceiling windows, a gas fireplace, and an open-concept main floor ideal for everyday living and entertaining. The upper level offers a generous primary bedroom with walk-in closet and a versatile den that can be used as a home office, guest area, or additional living space. Includes two owned underground parking spaces and one owned locker. Conveniently located close to the waterfront, parks, trails, TTC, Mimico GO, shopping, restaurants, and major highways. A unique loft-style residence offering space, character, and excellent access to downtown Toronto.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- W13869664
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199 sq ft
- Cross streets
- South of Q.E.W.
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,095/mo
- Exposure
- South
- Property tax
- $2,828 / 2025
- Days on market
- 10
- Listing brokerage
- REAL ESTATE ADVISORS INC.
Rooms
ceramic floor · south view
vinyl floor · window floor to ceiling · south view
ceramic floor · open concept · south view
3 pc ensuite · walk-in closet(s) · south view
laminate · south view
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 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
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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 19, 2026); conventional rates run a little higher.
Mortgage amount $543,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,007
- Property tax
- $236
- Condo / maintenance fees
- $1,095
- Heating
- $0
- Estimated monthly cost
- $4,338
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,073
- Toronto municipal land transfer tax
- $10,073
- Estimated closing costs
- $20,146
Plus your down payment of $135,980. 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
- $180,446
- Principal paid down
- $66,457
- Interest paid
- $113,989
- Balance remaining
- $477,463
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
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 REAL ESTATE ADVISORS INC.. MLS®/PropTx.