416 - 185 Legion Road N

Mimico, Toronto

416 - 185 Legion Road N, Mimico, Toronto

$599,999


Bedrooms: 2

Bathrooms: 2

Living Area: 900 sqft

Price Per Sqft: $666.67


About this Condo

in Mimico, Toronto

Spacious 2-bedroom corner suite with breathtaking sunset views, offering an ideal blend of comfort, value, and investment potential. This beautifully updated unit features 900 sq. ft. of bright, open-concept living with floor-to-ceiling windows, fresh paint, and carpet-free flooring throughout for a clean, modern feel. The thoughtfully designed split-bedroom layout provides privacy, while the updated kitchen delivers both style and everyday functionality. Step out onto the west-facing balcony and enjoy stunning, unobstructed sunset views. All utilities are included in the condo fees, covering heat, hydro, and water-offering excellent monthly savings and peace of mind. Short-term rentals (Airbnb) are permitted, making this an outstanding opportunity for investors or buyers seeking flexible rental income. The well-managed building offers resort-style amenities, parking included, and an unbeatable location with easy access to TTC, major highways(QEW), shopping, dining, High Park, scenic trails, and the lakefront, all just a short walk away. Whether you're looking for a stylish place to call home or a smart investment in a prime location, this suite truly checks all the boxes. House Upgrades: Freshly painted, all Brand new lights, Brand new flooring(Scratch Resistant), Brand new Countertops, Renovated Washrooms, updated appliances under 5 Yeras old.

Listed by RE/MAX OPTIMUM REALTY.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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