251 Manitoba Street Unit 432, Toronto W06

Price: $485,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13146532

Welcome to this beautiful 1-bedroom corner unit in the heart of Mimico! This unit by Empire Phoenix features an open concept layout with unobstructed views and a large walkout balcony! NEW laminate flooring throughout, freshly painted with beautiful stainless-steel appliances. Large floor-to-ceiling windows in bedroom & living room area with lots of sunlight throughout the day! 1 underground parking & 1 locker included with easy access to a full fitness centre, yoga studio, outdoor infinity pool with cabanas, sauna, rooftop area with BBQs and party and games rooms! Close to highway access, public transit, shopping/grocery, restaurants, and more!

251 Manitoba Street Unit 432 - Condo photo 1 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 2 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 3 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 4 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 5 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 6 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 7 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 8 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 9 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 10 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 11 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 12 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 13 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
251 Manitoba Street Unit 432 - Condo photo 14 of 16 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$485,900 - 251 Manitoba Street Unit 432, Liberty Village

Condo for Sale in Liberty Village

New — Listed 6 days ago
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13146532
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE FLOWER CITY REALTY
Description

Welcome to this beautiful 1-bedroom corner unit in the heart of Mimico! This unit by Empire Phoenix features an open concept layout with unobstructed views and a large walkout balcony! NEW laminate flooring throughout, freshly painted with beautiful stainless-steel appliances. Large floor-to-ceiling windows in bedroom & living room area with lots of sunlight throughout the day! 1 underground parking & 1 locker included with easy access to a full fitness centre, yoga studio, outdoor infinity pool with cabanas, sauna, rooftop area with BBQs and party and games rooms! Close to highway access, public transit, shopping/grocery, restaurants, and more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,492.92/mo

Includes CMHC insurance ($13,557)

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5-yr fixed avg.

Principal: $437,310Interest: $297,009
Mortgage Amount$450,867
Total Interest$297,009
Est. Property Tax$344/mo
Total Cost$747,876

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Liberty Village / Parkdale / South Parkdale

Discover Liberty Village / Parkdale / South Parkdale

Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Liberty Village / Parkdale / South Parkdale

  • Convenient location in Liberty Village / Parkdale / South Parkdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

251 Manitoba Street Unit 432, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,030

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $972/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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