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Mimico, Toronto
$1,599,000
Distinctive custom-built home in Mimico, set on a wide 49 x 113 ft lot across from prestigious lakefront residences. Transformed from its original bungalow form into a distinctive two-storey residence approximately 20 years ago, the home offers a far more contemporary layout than its original construction date suggests. With approximately 2,800 sq ft including a finished lower level, this move-in-ready home delivers character, space and flexibility. Beyond the enclosed front porch and solid wood entry door, a soaring 20-ft foyer creates a dramatic first impression. Formal living and dining rooms flank the entrance, while a bright flex room is ideal for an office, gym or TV room. The eat-in kitchen features granite counters and stainless steel appliances, opening to the rear Great Room addition (2019) - a sunken, skylit retreat with 12-ft ceilings, electric fireplace, year-round climate control and a walkout to the fenced backyard. A powder room completes the main floor. Bamboo flooring and solid wood accent walls, beams and staircases continue upstairs. The primary suite offers a private balcony, two walk-in closets and a 4-piece ensuite with double sinks and a walk-in shower. Two more bedrooms, a second balcony, open mezzanine and 3-piece bathroom complete the top floor. The finished lower level has two rooms, each with a window, offering flexibility as bedrooms, rec room, office or gym, plus a laundry/workroom, storage/utility room and cold room. Outside, the interlocking driveway parks three vehicles in tandem, with a detached garage and EV charger. Mature hedges and hydrangeas frame the front yard, while the fenced backyard offers privacy, mature evergreens and a deck. Steps from Lake Ontario's waterfront parks and trails, five minutes by car to Marine Parade Drive, with shops, restaurants, transit and schools nearby. A distinctive South Etobicoke home with space, character and versatility increasingly hard to find. See feature sheet for details.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,760 |
| Lot Size | 49 ft x 113 ft |
| mls© Number | W13797870 |
| Listed By | RE/MAX PROFESSIONALS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,184
- Property tax
- $647
- Heat allowance
- $150
- Housing costs
- $8,981 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$276,000
gross annual household income
- Payment at 4%
- $6,729 / mo
- Cash down
- $319,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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