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Mimico, Toronto
$399,999
Stylish freshly painted and well kept 1 bedroom suite at Empire Phoenix in coveted Mystic Pointe, Mimico. Bright open concept living with floor to ceiling windows with motorized window coverings, high ceilings, and an upgraded kitchen with stainless steel appliances, opening onto an oversized unshared balcony. Enjoy resort style amenities: outdoor infinity pool withcabanas, rooftop BBQ terrace, full fitness centre, yoga studio, sauna, and party and gamesrooms. Grand Avenue Park sits right next door with a brand new playground, splash pad, basketball court, off-leash dog park, and sports field. 24 Hour Concierge. 1 underground parking and 1 locker included. Minutes to Mimico GO, Humber Bay Shores waterfront trails,groceries, and dining, with quick Gardiner access to downtown. Move in and enjoy the lifestyle!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $398 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,953 |
| Lot Size | x |
| mls© Number | W13702134 |
| Listed By | TFN REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,047
- Property tax
- $163
- Heat allowance
- $150
- Condo fees, half counted
- $199
- Housing costs
- $2,559 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$79,000
gross annual household income
- Payment at 4%
- $1,683 / mo
- Cash down
- $80,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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