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    The Warehouse Lofts | Mystic Pointe

    250 Manitoba Street

    3for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    8
    Number of Units:
    151
    Condo Completion:
    1999
    Condo Demand:
    Medium
    Unit Size Range:
    615 - 1,800 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for The Warehouse Lofts | Mystic Pointe

    Amenities

    Party Room
    Rooftop Deck
    Sauna
    Gym Room
    Squash Court
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 250 Manitoba StreetThe Warehouse Lofts | Mystic Pointe

    The Warehouse Lofts is an ideal place for prospective buyers who are seeking Toronto condos for sale but don’t want to pay downtown prices, yet can’t fathom giving up access to the big city. Located at 250 Manitoba Street in Mimico, the lofts really do afford their residents with the best of both worlds.

    At 8 storeys high, the Warehouse Lofts is home to 151 hard lofts. The building is part of Mystic Pointe by Camrost Felcorp, a gated community comprised of three buildings — Mystic Pointe - Skylofts II at 200 and Warehouse Lofts at Mystic Pointe at 300 Manitoba Street. CEO David Feldman is a seasoned professional, who is also to thank for notable Toronto properties such as our very own World Trade Centre on Yonge Street near Queens Quay.

    All residents living at Mystic Pointe have access to the complex’s vast array of amenities: a gym, sauna, rooftop terrace with hot tub and barbecues, squash courts, a garden, party and meeting room, billiards, and guest suites.

    The Suites

    Converted in 1999, 250 Manitoba Street was previously home to the L.J. McGuinness Distillery. Thanks to its industrial past, modern-day residents now enjoy the 17-foot ceilings that, once upon a time, were put in place to make room for machinery.

    Units at the Warehouse Lofts feature anything from one bedroom to two bedrooms plus a den, and range between 600 and 1,700 square feet in size. And it’s not just the size that’s decadent—most of the units at 250 Manitoba Street span 2 storeys, and boast both jacuzzis and gas fireplaces.

    During the conversion process, developers made use of the structure’s sturdy concrete base by adding four storeys to the top, where the penthouse units now sit. While most units feature balconies, these exceptional homes boast rooftop terraces with striking views of Lake Ontario.

    The Neighbourhood

    In the late 19th century, affluent Torontonians built summer cottages in Mimico, which officially became part of the City of Toronto in 1967. Recently, with Toronto growing so intensely in population, this area has become home to year-round residents looking to escape the extravagant price tags of downtown Toronto condos.

    Local stores and restaurants on Lakeshore Boulevard and Royal York Road are the place to go for shopping and sustenance breaks. Costco and IKEA are also just down the street, for those more significant purchases — plus free samples and meatballs.

    Most importantly, Mimico is the closest to Toronto proper of all the west-end lakefront communities. Here, locals can choose from numerous parks to spend their weekends exploring. Mimico Waterfront Park features a boardwalk and separate cycling and rollerblading trail, while Humber Bay Park is home to a wetland habitat, making this spot great for birdwatchers and nature photographers.

    Transportation

    Residents of the Warehouse Lofts are well-situated for travel into the city and beyond. The Mimico GO Station is a short walk away from 250 Manitoba Avenue, while Pearson International Airport can be reached in about 10 minutes by car.

    For those looking to connect with the subway, the Royal York bus carries passengers to the Bloor-Danforth line, while a bus along Lake Shore travels toward Union Station on the Yonge-University-Spadina line.

    3

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    Listings For Rent

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    Nearby Amenities

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    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
    Household Income
    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

    Days on Strata

    Units at The Warehouse Lofts | Mystic Pointe spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    2.9
    YEARS before being sold again

    Property Value

    5%
    Increase in property value within the past twelve months

    Price Ranking

    32nd
    Highest price per SQFT out of 57 condos in the Mimico area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    The Warehouse Lofts | Mystic Pointe offers the
    ?
    best value out of 57 condos in the Mimico neighbourhood

    Appreciation Rank

    The Warehouse Lofts | Mystic Pointe has the
    ?
    highest ROI out of 57 condos in the Mimico neighbourhood

    Rental Yield

    The Warehouse Lofts | Mystic Pointe yields the
    ?
    highest rent prices out of 57 condos in the Mimico neighbourhood

    High Demand

    The Warehouse Lofts | Mystic Pointe is the
    ?
    most popular building out of 57 condos in the Mimico neighbourhood

    Transaction Insights at 250 Manitoba Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$640,000 - $727,000$715,000 - $930,000No Data$935,000No DataNo Data
    Avg. Cost Per Sqft$863$795No Data$527No DataNo Data
    Avg. Wait for Unit Availability60 Days50 Days2163 Days345 DaysNo Data742 Days
    Ratio of Units in Building44%43%5%9%1%2%

    Maintenance Fees

    The Warehouse Lofts | Mystic Pointe vs The Mimico Area

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