Maintenance Fees
Empire Phoenix Condos vs The Mimico Area
for sale
15 Days on Strata
- Est Sell Timeframe:
- 22 Days
504 - 251 Manitoba St
$499,999
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1 Bed
1 Bath
1 Parking
412 SQFT
Price History
- Maintenance Fees:
- $378/mth
- Taxes:
- $1,908 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $1,214/sqft
- Outdoor Space:
- Balcony
- Ensuite Laundry:
- Yes
- Locker:
- Owned
- Possession Date:
- Apr 1
- Exposure:
- South
Amenities
Concierge
Gym
Outdoor Pool
Party Room
Sauna
Community BBQ
About this Listing
Live steps from the lake at 251 Manitoba St in the heart of vibrant Mimico! This bright and modern 1-bedroom condo features a functional open-concept layout, sleek kitchen with stainless steel appliances, and a spacious bedroom with a large closet. Enjoy your private 55 sq ft balcony plus the rare convenience of underground parking and a locker. Offered fully furnished and turnkey perfect for first-time buyers or investors looking for a rental-ready opportunity (furniture optional). Enjoy premium amenities including a 24-hour concierge, outdoor pool, gym, sauna, BBQ area, and party room. Walk to the waterfront, parks, trails, transit, restaurants, and shops, with quick access to the Gardiner and minutes to downtown Toronto.
ExtrasIncludes stainless steel oven/stove, built-in dishwasher, built-in microwave, stacked Whirlpool washer & dryer, custom blinds, 1 locker, and 1 underground parking space. Unit can be offered fully furnished and turnkey for rental or immediate move-in, including couch, coffee table, full-length mirror, TV console, bed frame, mattress, bedside table, Patio tiles and patio set.
re/max professionals inc.MLS® #W12923876
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Not Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Dining
- 57.42 x 29.2ft
- Combined with Kitchen, Combined with Living
- Living
- 57.42 x 29.2ft
- Windows Floor to Ceiling, O/Looks Pool, Combined with Dining
- Kitchen
- 57.42 x 29.2ft
- Stainless Steel Appliances, Built-in Microwave, Combined with Dining
- Primary
- 32.81 x 31.17ft
- Windows Floor to Ceiling, Large Closet, Walkout To Balcony
- Bathroom
- 0 x 0ft
- 4 Piece Bath
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Mimico
Map
4/10
Walkability
You’ll occasionally stumble upon civilization. Keep an eye out for that elusive coffee shop!
6/10
Transit
Getting more reliable. You might even snag a seat on the morning commute!
5/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
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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%
Building Trends At Empire Phoenix Condos
Days on Strata
Units at Empire Phoenix Condos spend an average of
44
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Mimico
Turnover of Units
On average, each unit is owned for
4.9
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
17th
Highest price per SQFT out of 62 condos in the Mimico area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
104
Units were Rented over the past twelve months
Best Value Rank
Empire Phoenix Condos offers the best value out of 62 condos in the Mimico neighbourhood
?
N/A
Appreciation Rank
Empire Phoenix Condos has the highest ROI out of 62 condos in the Mimico neighbourhood
?
N/A
Rental Yield
Empire Phoenix Condos yields the highest rent prices out of 62 condos in the Mimico neighbourhood
?
N/A
High Demand
Empire Phoenix Condos is the most popular building out of 62 condos in the Mimico neighbourhood
?
N/A
Market Insights
Transaction Insights at Empire Phoenix Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $485,000 - $515,000 | $490,000 - $526,000 | $465,000 - $785,000 | No Data | No Data |
| Avg. Cost Per Sqft | $917 | $900 | $868 | No Data | No Data |
| Price Range | $1,900 - $2,450 | $2,200 - $2,550 | $2,500 - $3,300 | $2,800 - $3,850 | No Data |
| Avg. Wait for Unit Availability | 29 Days | 57 Days | 42 Days | 92 Days | No Data |
| Avg. Wait for Unit Availability | 7 Days | 13 Days | 8 Days | 26 Days | 945 Days |
| Ratio of Units in Building | 37% | 19% | 35% | 9% | 1% |
Market Inventory
Total number of units listed and sold in Mimico
