505-10 Drummond St
Mimico, Toronto, Ontario M8V 1Y8
- Bedrooms
- 2
- Bathrooms
- 3
- Size
- 1,000–1,199sq ft
- Per sq ft
- $709at the range’s middle
- Tax a year
- $3,7372026 tax year
- Built
- 6-10
- Parking
- 22 underground
- Days on market
- Members
The brief
About 505-10 Drummond St
505-10 Drummond St is a 2-bedroom, 3-bathroom condo townhouse in Mimico, Toronto, listed for sale at an asking price of $779,000 (MLS® W13706128).
Welcome to stylish urban living in the heart of Mimico! **NOTE 2 PARKING SPOTS** This bright and spacious 3-storey stacked townhouse offers 2 bedrooms, 3 bathrooms, 2 private balconies and an incredible private rooftop terrace - the ultimate outdoor space for entertaining, relaxing, summer BBQs or enjoying warm evenings under the stars. Freshly painted from top to bottom and filled with natural light, this move-in-ready home offers a functional multi-level layout with a great balance of comfortable living space and privacy, while multiple outdoor areas make this home truly stand out. Thoughtful upgrades include Hunter Douglas automated smart blinds, high-end appliances and hard-surface flooring throughout, while two owned parking spaces and a large storage locker add valuable everyday convenience. Location is hard to beat! With Mimico GO Station directly across the street, commuting is a breeze, getting you to Union Station in 15 minutes, while the iconic SanRemo Bakery is just down the street. Enjoy easy access to restaurants, shopping, parks, the Waterfront, and everything Mimico has to offer!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall22/100−$1,653/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 90 homes 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
- $3,737 / 2026
- MLS® number
- W13706128
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 6-10
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 1000-1199 sqft
- Building Age
- 6-10
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc 2nd, 1 × 3pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Existing As Viewed: Fridge, stove, B/I dishwasher, microwave, all ELF's, all TV wall mounts, all window coverings with remote(s), and BBQ on the rooftop terrace.
- Condo maint.
- $538
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.98 × 4.56 m | Ceramic Floor, Breakfast Bar, Stainless Steel Appl | Main |
| Living | 3.6 × 5.64 m | Laminate, Open Concept, W/O To Balcony | Main |
| Dining | 1.98 × 4.41 m | Laminate, Open Concept | Main |
| Primary | 3.28 × 4.49 m | Laminate, 3 Pc Ensuite, W/O To Balcony | 2nd |
| 2nd Br | 2.61 × 2.81 m | Laminate, Closet, Window | 2nd |
Listing history
Buy/sell history for 505-10 Drummond St, 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 | $779,000 | N/A | Pc | W13706128 |
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
- $155,800
- Total mortgage amount
- $623,200
- Total interest payment
- $443,000
- Total purchase cost
- $1,222,000
- Mortgage payment
- $3,554/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
57%Monthly carrying cost
$4,403- Rent $2,750
- Shortfall $1,653
Rental income opens at $2,750, the median asking rent of 90 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
- $12,055
- Toronto municipal land transfer tax
- $12,055
- Total land transfer tax
- $24,110
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $15,635
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 $779,000
- $7,580
- Ontario total
- $12,055
Toronto’s municipal tax uses the same brackets at this price, so it adds another $12,055.
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 m39 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (88 records). It changes with the season and from spot to spot.500 m
- Bedrock about 2.4 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 activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 24 building permits issued within 250 m in the last 2 years250 m
- 9 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 7.6 km7.6 km
- Mapped parcel: about 75,270 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 · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 140 m140 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
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is VIA RAIL CANADA INC. — Centre de maintenance de Toronto, 960 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 2 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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
By-law
See Former City of Etobicoke (Mimico) By-Law No. 1930What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
266 ROYAL YORK RDOfficial plan or zoning amendmentOMB Appeal
The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical penthouses) 413 sqm of retail at grade, a 12,374 sqm multi-storey self-storage building as a future phase, and a 1,146 m² public park.Related applications: Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB), Site Plan (21 252097 WET 03 SA)
120 m away266 ROYAL YORK RDOfficial plan or zoning amendmentUnder Review
The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical penthouses) 413 sqm of retail at grade, a 12,374 sqm multi-storey self-storage building as a future phase, and a 1,146 m² public park.Related applications: Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB), Site Plan (21 252097 WET 03 SA)
120 m away266 ROYAL YORK RDPlan of subdivisionUnder Review
Revised Draft Plan of Subdivision application to create six blocks for a mixed-use development: a residential development block, future development block, parkland dedication, private driveway, pedestrian sidewalk and road widening.The proposed development consists of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Site Plan (21 252097 WET 03 SA)
120 m away266 ROYAL YORK RDSite planUnder Review
Revised Site Plan Control application to permit a mixed-use development consisting of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park. The revised application proposes a total gross floor area of 51,726 m² in its first phase consisting of 824 residential units, comprising 613 studio/one-bedroom units (74.4%), 167 two-bedroom units (20.3%) and 44 three-bedroom units (5.3%), with 635 m² of retail space at-grade along its Royal York Road frontage. A total of 200 vehicular parking spaces, 619 bicycle spaces, and 2 loading spaces (1 Type 'G', 1 Type 'B') are proposed.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB)
120 m away268 ROYAL YORK RDSite planUnder Review
Revised Site Plan Control application to permit a mixed-use development consisting of a mixed-use building with 37 storey and 23 storey towers (respectively 127 m and 84 m in height including mechanical penthouses) and a 3 level below grade parking garage as an initial phase, a multi-storey self-storage building as a future phase, and a 1,394 m² public park. The revised application proposes a total gross floor area of 51,726 m² in its first phase consisting of 824 residential units, comprising 613 studio/one-bedroom units (74.4%), 167 two-bedroom units (20.3%) and 44 three-bedroom units (5.3%), with 635 m² of retail space at-grade along its Royal York Road frontage. A total of 200 vehicular parking spaces, 619 bicycle spaces, and 2 loading spaces (1 Type 'G', 1 Type 'B') are proposed.Please note that the proposal has been expanded to include the property at 268 Royal York Road since the initial submission. (September 2022)Related applications: Official Plan Amendment (22 207193 WET 03 OZ), Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB)
160 m away268 ROYAL YORK RDOfficial plan or zoning amendmentUnder Review
The proposed development consists of a mixed-use building with 36 storey and 29 storey towers (respectively 116.2 m and 98.7 m in height excl. mechanical penthouses) 413 sqm of retail at grade, a 12,374 sqm multi-storey self-storage building as a future phase, and a 1,146 m² public park.Related applications: Zoning Amendment (21 236250 WET 03 OZ), Subdivision (21 236297 WET 03 SB), Site Plan (21 252097 WET 03 SA)
160 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
- 12
- Median asking price
- $860K
- New in 7 days
- 0
- Price cuts
- 17%
Middle half: $684K to $1.04M
4 in 28 days
2 listings
This home is asking 9% 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 | 350 m |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 4.1 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 4.1 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 4.1 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 4.1 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 |
|---|---|---|---|
| St Leo Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 200 m | 86%Grade 6 average |
| John English Junior Middle SchoolToronto DSB | Public · grades JK–8 · French Immersion | 350 m | 75%Grade 6 average |
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 850 m | 73%Grade 3 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.6 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 2 km | 68%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.1 km | 42%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.4 km | 81%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 6.4 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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