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    Toronto / Etobicoke / Mimico

    709 - 251 Manitoba St

    For SaleEmpire Phoenix Condos
    $575,000
    Price Cut: $605,000
    1 Bed
    1 Bath
    1 Parking
    580 SQFT
    166 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $425/mth
    Taxes:
    $2,161 (2023)
    Cost Per Sqft:
    $991/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    June 26, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Beautiful and bright brand new 1 bed 1 bath condo in the heart of Mimico overlooking the park. Upgraded finishes throughout with lots of storage for functional living. Rare island upgrade in kitchen with single tone cabinets. Walk in closet in large bedroom. Walking distance to the lake, shopping, groceries, cafes, parks and other amenities. Easy access to the highway. Well designed amenities include large gym, outdoor pool, sauna, concierge, party room and games room, lots of visitors parking. 1 parking & 1 locker included.

    orion realty corporationMLS® #W8420812

    Amenities

    Party Room
    Visitor Parking
    Outdoor Pool
    Concierge
    Gym Room
    Sauna

    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
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    30
    Units were Sold over the past twelve months

    Rented Units

    127
    Units were Rented over the past twelve months

    Best Value Rank

    Empire Phoenix Condos offers the
    ?
    N/A
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    Empire Phoenix Condos has the
    ?
    N/A
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    Empire Phoenix Condos yields the
    ?
    N/A
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    Empire Phoenix Condos is the
    ?
    N/A
    most popular building out of 57 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$690,000 - $1,025,000
    Avg. Cost Per Sqft$1,041$917$894$869
    Avg. Wait for Unit Availability26 Days41 Days34 Days96 Days
    Ratio of Units in Building37%19%37%9%

    Transactions vs Inventory

    Total number of units listed and sold in Mimico