2524-165 Legion Rd
Mimico, Toronto, Ontario M8Y 0B3
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $700at the range’s middle
- Tax a year
- $2,6542025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 2524-165 Legion Rd
2524-165 Legion Rd is a 2-bedroom, 2-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $595,000 (MLS® W13863868).
Experience elevated condo living in this beautifully designed 2-bedroom, 2-bathroom corner suite offering breathtaking views of Lake Ontario and the Toronto skyline. Featuring soaring 10-foot ceilings and an efficient, open-concept layout, this bright and airy residence maximizes both space and natural light. The modern kitchen flows seamlessly into the living and dining areas, while the private balcony provides the perfect setting to enjoy spectacular lake and city views. The spacious primary bedroom features custom closet organizers for exceptional storage, and both generously sized bedrooms offer the rare convenience of their own ensuite bathrooms. California shutters throughout add timeless style and privacy. Residents enjoy an outstanding selection of premium amenities, including indoor and outdoor swimming pools, a fully equipped fitness centre, sauna, theatre room, BBQ terrace, elegant party room, and 24-hour concierge service. Ideally located just minutes from the waterfront, parks, trails, restaurants, cafés, shopping, transit, and major highways, this exceptional suite offers the perfect blend of luxury, comfort, and convenience in one of Toronto's most sought-after waterfront communities.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall35/100−$976/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 69 condos with 2 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,654 / 2025
- MLS® number
- W13863868
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Fridge, stove, dishwasher, washer, dryer, light fixtures, window coverings.
- Condo maint.
- $990
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.42 × 6.77 m | Laminate, Fireplace, W/O To Balcony | Flat |
| 2nd Br | 2.47 × 2.77 m | Laminate, 4 Pc Ensuite, North View | Flat |
| Primary | 2.99 × 3.81 m | Laminate, 4 Pc Ensuite, W/I Closet | Flat |
| Kitchen | 3.42 × 6.77 m | Laminate, Centre Island, Stone Counter | Flat |
| Dining | 3.42 × 6.77 m | Laminate, Combined W/Living, East View | Flat |
Listing history
Buy/sell history for 2524-165 Legion Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $595,000 | N/A | For Sale | W13863868 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $119,000
- Total mortgage amount
- $476,000
- Total interest payment
- $338,500
- Total purchase cost
- $933,500
- Mortgage payment
- $2,715/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
49%Monthly carrying cost
$3,926- Rent $2,950
- Shortfall $976
Rental income opens at $2,950, the median asking rent of 69 comparable homes for lease in Mimico. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,375
- Toronto municipal land transfer tax
- $8,375
- Total land transfer tax
- $16,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,275
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $595,000
- $3,900
- Ontario total
- $8,375
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,375.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m32 test or monitoring holes also recorded.250 m
- Groundwater recorded about 1.5 m below ground nearbyThe middle water level in the well records within 500 m (190 records). It changes with the season and from spot to spot.500 m
- Bedrock about 7.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 2 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 6.7 km6.7 km
- Mapped parcel: about 43,600 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 80 m80 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Humber Treatment Plant, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
RA (x21)By-law
569-2013Municipality
Toronto1 x21
Site-specific exception 21: this site has rules of its own, written in the by-law.
2 Where this is written
Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(21)
3 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
3 building permits cleared at this address in the City’s file.
HVAC: Groups A & BClosed
Proposal to install a cogeneration (CHP) unit and install, connect heat exchangers/pipes/pumps from CHP into HVAC boiler loop.
Issued March 5, 2020
Other(PS)Closed
Proposal to connect heat exchangers/pipes/pumps from CHP into DHW boiler loop.
Issued February 19, 2020
Interior AlterationsCancelled
Interior alterations to convert 4 existing guest suites to condominium units (See related 04 104421BLD and 08 204692 BLD)
Completed October 1, 2026
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
23 PARK LAWN RDPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
420 m away23 PARK LAWN RDSite planUnder Review
The proposed Phase 1 development
420 m away23 PARK LAWN RDOfficial plan or zoning amendmentUnder Review
An Official Plan and Zoning By-law Amendment application in order to redesignate the lands (from Regeneration Areas to Mixed Use Areas and Parks and Open Spaces) for a new GO Station as well as to permit an intensified mixed-use development which would include mid-rise and tall buildings (including 15 towers with heights ranging from 28 to 70-storeys). The redevelopment of this site would be completed in multiple phases with new public and private streets, a new public park (1.25 ha), and two Squares (Station Square (4,311 square metres) and Boulevard Square (3,358 square metres)). This proposal includes a total gross floor area of approximately 701,809 square metres which would be a combination of residential (584,932 square metres), commercial (63,444 square metres), retail (36,364 square metres), and institutional/other (17,071 square metres) uses on the lands municipally known as 2150 & 2194 Lake Shore Boulevard West and 23 Park Lawn Road. This proposal includes a total of 7,504 residential units and 4,422 vehicular parking spaces. Refer to File Number 20 146496 WET 03 SB for the related Draft Plan of Subdivision application in order to establish development blocks and new streets (a total of 10 blocks).
420 m away2256 LAKE SHORE BLVD WSite planUnder Review
Site Plan application for a mixed-use building composed of two towers rising to 35 and 18 storeys with a total gross floor area (GFA) of 39,699 square metres and density (FSI) of 6.28 times the area of the lot. The proposed development includes 594 residential dwelling units and 665 square metres of commercial space at-grade along Lake Shore Boulevard West, fronting onto a pedestrian plaza.
470 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
530 m away2194 LAKE SHORE BLVD WPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
530 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Mimico right now
- For sale now
- 231
- Median asking price
- $649K
- New in 7 days
- 23
- Price cuts
- 20%
Middle half: $542K to $799K
80 in 28 days
47 listings
This home is asking 8% below the median.
See all homes in MimicoAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.2 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| David Hornell Junior SchoolToronto DSB | Public · grades JK–5 | 550 m | 68%Grade 3 average |
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 950 m | 73%Grade 3 average |
| St Louis Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.1 km | 75%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.9 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.5 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.8 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 3.6 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.9 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Mimico are shown to signed-in members.