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New3 hours ago

1608 - 155 Legion Road N

Mimico, Toronto

$398,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Bright and modern with southwesterly exposure of Lake Ontario - welcome to Suite 1608 at iLoft, 155 Legion Road North. This stunning 16th floor one-bedroom suite offers breathtaking lake views, an open-concept layout, and a private 65 square foot balcony perfect for enjoying spectacular sunsets over the water. The functional kitchen features stainless steel appliances including fridge, stove, microwave, and dishwasher, with in-suite washer and dryer, one underground parking spot, and locker all included. iLoft offers a fantastic amenity package including outdoor pool, rooftop deck and garden, concierge, exercise room, and visitor parking. Steps to the lake, waterfront trails, parks, cafes, Mimico GO, and TTC - with easy access to the Gardiner and downtown Toronto. Vacant possession available. A turnkey opportunity in one of South Etobicoke's most desirable lakeside communities.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$600
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,772
mls© NumberW13660288
Listed ByINTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
Heat Included
Common Elements Included
Water Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,037
Property tax
$148
Heat allowance
$150
Condo fees, half counted
$300
Housing costs
$2,635 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,600
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,675 / mo
Cash down
$79,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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