612-250 Manitoba Street, Toronto, ON
Mimico, Toronto · MLS® W13874520
About this home
In short
- Rarely offered and truly one of a kind, this renovated true two storey loft offers an exceptional blend of scale, character, and modern design in the heart of...
- Defined by soaring 17.5 foot ceilings, dramatic floor to ceiling windows, and a cozy gas fireplace, the space is flooded with natural light throughout the day...
- Thoughtfully updated throughout, the loft combines striking architectural elements with functional everyday living, featuring a spacious 1 bedroom plus den layout, 2...
- The spacious primary retreat includes a walk in closet and a seamless blend of comfort and style.
- Complete with parking and locker, this is a rare opportunity to own a beautifully renovated loft in one of Toronto's most desirable waterfront neighbourhoods.
Rarely offered and truly one of a kind, this renovated true two storey loft offers an exceptional blend of scale, character, and modern design in the heart of Mimico's vibrant waterfront community. Defined by soaring 17.5 foot ceilings, dramatic floor to ceiling windows, and a cozy gas fireplace, the space is flooded with natural light throughout the day, creating an airy and inviting atmosphere that feels both sophisticated and comfortable. Thoughtfully updated throughout, the loft combines striking architectural elements with functional everyday living, featuring a spacious 1 bedroom plus den layout, 2 bathrooms, and expansive open concept living spaces ideal for entertaining or quiet evenings at home. The versatile den can easily function as a second bedroom, guest space, home office, or nursery, offering flexibility for changing lifestyles. The spacious primary retreat includes a walk in closet and a seamless blend of comfort and style.Located just steps from the lake, waterfront trails, parks, cafes, restaurants, grocery stores, TTC, and Mimico GO, this home offers the perfect balance between urban convenience and relaxed lakeside living. Residents enjoy access to exceptional amenities including a rooftop garden terrace so stunning it has hosted weddings, along with a gym, sauna, party room, visitor parking, and a pet friendly community. Complete with parking and locker, this is a rare opportunity to own a beautifully renovated loft in one of Toronto's most desirable waterfront neighbourhoods.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- W13874520
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 2 (1 half)
- Size
- 900-999 sq ft
- Cross streets
- Parklawn/Queensway/Lakeshore
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $940/mo
- Exposure
- West
- Property tax
- $2,556 / 2026
- Days on market
- 12
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
gas fireplace · hardwood floor · open concept
centre island · stainless steel appl · granite counters
closet · 2 pc ensuite
walk-in closet(s) · 4 pc ensuite · open concept
overlooks living · hardwood floor
combined w/living · hardwood floor
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood 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.
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 $655/sqft; this home lists at $683/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
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 $519,120 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,870
- Property tax
- $213
- Condo / maintenance fees
- $940
- Heating
- $0
- Estimated monthly cost
- $4,023
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,453
- Toronto municipal land transfer tax
- $9,453
- Estimated closing costs
- $18,906
Plus your down payment of $129,780. 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
- $172,218
- Principal paid down
- $63,427
- Interest paid
- $108,791
- Balance remaining
- $455,693
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 RIGHT AT HOME REALTY. MLS®/PropTx.