250 Manitoba Street 838, Toronto W06

$679,900
250 Manitoba Street 838

$679,900

New
17d
Condo ApartmentLoft

250 Manitoba Street 838, Toronto W06

Total Monthly Obligation $4,273

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
2
Sqft
1000-1199
DOM
17d
Score
19
Yield
6.7%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-W13869664
Bed+Den-2+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-Loft
Building Type-Condo Apartment
Taxes-$2,828 (2025)
Maintenance-$1,095.27/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL ESTATE ADVISORS INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Concrete
Possession-imm/30/tba
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Welcome to this spacious 2-storey loft in the sought-after Mystic Pointe community in Mimico. Offering approximately 1,090 sq. ft. of living space, this bright 1+1 bedroom, 2 bathroom suite features soaring 17 ft ceilings, dramatic floor-to-ceiling windows, a gas fireplace, and an open-concept main floor ideal for everyday living and entertaining. The upper level offers a generous primary bedroom with walk-in closet and a versatile den that can be used as a home office, guest area, or additional living space. Includes two owned underground parking spaces and one owned locker. Conveniently located close to the waterfront, parks, trails, TTC, Mimico GO, shopping, restaurants, and major highways. A unique loft-style residence offering space, character, and excellent access to downtown Toronto.

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Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$4,273/mo
Mortgage $2,743
Monthly Loss $3,552
Principal$722
Interest$2,021
Property Tax$236
Condo Fees$1,095
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,372/yr
NOI
$22,464/yr
Net Cash Flow
-$871/mo
Cash Margin
-23.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
21.0/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 250 Manitoba Street 838

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Data last updated within the past 24 hours.