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    Toronto / Etobicoke / Mimico

    1007 - 251 Manitoba St S

    For SaleEmpire Phoenix Condos
    $588,000
    1 Bed
    1 Bath
    1 Parking
    525 SQFT
    3 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $392/mth
    Taxes:
    $1,955 (2024)
    Cost Per Sqft:
    $1,120/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Parking
    Building Insurance
    Excluded
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Bathroom
    Tile Floor, 4 Piece Bath
    5.91 x 5.91ft

    About this Listing

    "Experience Lake Ontario Living in this Bright One-Bedroom Condo * Breathtaking Views: Enjoy unobstructed South-facing views of the sparkling Lake Ontario. * Modern & Functional: Stylish kitchen boasts high-end finishes, including stainless steel appliances, quartz countertops, and a modern herringbone backsplash. * Prime Location: Located in the heart of Mimico, within walking distance of the lakefront, vibrant shops, grocery stores, trendy cafes, and lush parks. * Easy Access: Convenient access to major highways and a quick commute to downtown Toronto. * Luxurious Amenities: Indulge in top-tier condo amenities. * Ideal for: Perfect for first-time homebuyers or savvy investors seeking a stylish and convenient urban retreat.Key Features: * Stunning South/Lake facing views * High ceilings * Floor-to-ceiling windows * In-suite laundry (stacked washer & dryer)Don't miss this opportunity to experience the best of Mimico living!"

    re/max expertsMLS® #W11944489

    Amenities

    Concierge
    Sauna
    Outdoor Pool
    Party Room
    Games Room
    Guest Suites

    Explore Neighbourhood

    4/10
    Walkability
    You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    5/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,316
    Average Individual Income
    $64,286
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $109,977
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    23%
    65+
    20%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    36%
    Semi Detached
    26%
    High Rise Apartment
    20%
    Low Rise Apartment
    11%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    58%
    Mandarin
    14%
    Other
    13%
    Cantonese
    10%
    Tagalog
    2%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    33%
    High School
    27%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    5%
    Humanities
    4%
    Physical Sciences
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Price Trends

    Maintenance Fees

    Empire Phoenix Condos vs The Mimico Area

    Building Trends At Empire Phoenix Condos

    Days on Strata

    Units at Empire Phoenix Condos spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mimico

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 62 condos in the Mimico area

    Sold Units

    30
    Units were Sold over the past twelve months

    Rented Units

    117
    Units were Rented over the past twelve months

    Best Value Rank

    Empire Phoenix Condos offers the
    ?
    N/A
    best value out of 62 condos in the Mimico neighbourhood

    Appreciation Rank

    Empire Phoenix Condos has the
    ?
    N/A
    highest ROI out of 62 condos in the Mimico neighbourhood

    Rental Yield

    Empire Phoenix Condos yields the
    ?
    N/A
    highest rent prices out of 62 condos in the Mimico neighbourhood

    High Demand

    Empire Phoenix Condos is the
    ?
    N/A
    most popular building out of 62 condos in the Mimico neighbourhood

    Transaction Insights at 251 Manitoba St

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$505,000 - $600,000$485,000 - $615,000$670,000 - $813,000$720,000 - $930,000
    Avg. Cost Per Sqft$1,039$938$887$867
    Avg. Wait for Unit Availability26 Days47 Days36 Days82 Days
    Ratio of Units in Building38%19%35%10%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico