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New5 hours ago

1804 - 16 Brookers Lane

Mimico, Toronto

$629,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Discover an exceptional opportunity to own a spacious 2-bedroom, 2-bathroom suite in the highly sought-after Humber Bay Shores community of Mimico. Offering 800+ sqft of thoughtfully designed living space, this freshly painted, bright and inviting residence features brand-new luxury vinyl flooring throughout, along with stunning views of Lake Ontario and the Toronto skyline.The functional split-plan layout features a well-appointed kitchen with full-size appliances, a generous primary bedroom with a walk-in closet and private 3-piece ensuite, a second nice-size bedroom - ideal for a children's room or a work-from-home office - and an expansive balcony, perfect for morning coffee, outdoor dining, or simply enjoying breathtaking waterfront views. Complete with one underground parking space and an owned storage locker, this suite offers both convenience and practicality. Residents enjoy an impressive selection of building amenities, including a 24-hour concierge, indoor swimming pool, fitness centre, party room, guest suites, theatre room, and rooftop terrace. Ideally situated just steps from waterfront trails, scenic parks, restaurants, cafés, shopping, and public transit, this vibrant neighbourhood offers an outstanding balance of urban convenience and lakeside living. Whether you're a first-time buyer, looking to upsize to a two bedroom, or an investor, this is an opportunity to enjoy one of Toronto's most desirable waterfront communities.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size800-899 sq. ft.
Maintenance Fees$792
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,253
mls© NumberW14163392
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,220
Property tax
$271
Heat allowance
$150
Condo fees, half counted
$396
Housing costs
$4,037 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $125,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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