58 Manitoba Street, Toronto W06

Price: $1,999,900

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13416134

Custom-designed contemporary family home offering over 3,000 sq. ft. of finished living space on a coveted 40-ft lot in the heart of Mimico. Thoughtfully designed by Avenue Design, this turnkey home combines modern luxury with exceptional functionality.The open-concept main floor is ideal for entertaining, featuring a chef's kitchen with a 9-ft Caesarstone island, integrated appliances, Wolf cooktop, designer lighting, and a custom entertainment wall. Upstairs offers 9-ft ceilings, hardwood floors, spacious bedrooms, and a luxurious primary suite with walk-in closet and spa-inspired ensuite with heated floors and premium Brizo fixtures. A second bedroom also features its own private ensuite.The finished lower level with separate entrance includes heated floors, a bedroom, full bath, laundry, abundant storage, and a 10-ft bar island with sink and wine fridge-perfect for guests, extended family, or a recreation space.Oversized sliding doors open to a spectacular three-season outdoor living area featuring a custom Lousol aluminum louvered pergola with motorized louvers and remote-controlled blinds. Fully fenced backyard. Additional highlights include a centralized AV system with five Sonos zones, integrated ceiling speakers, outdoor audio, security system with perimeter cameras, single-car garage, and parking for up to six vehicles in the driveway.Located on a quiet, tree-lined street steps to Grand Avenue Park, top-rated schools, waterfront trails, SanRemo Bakery, Costco, and Royal York shops and restaurants. Walk to Mimico GO Station with direct service to Union Station in approximately 15 minutes. Quick access to the Gardiner, QEW, and Hwy 427.

58 Manitoba Street - Detached photo 1 of 35 in Liberty Village / Parkdale / South Parkdale, Ontario
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$1,999,900 - 58 Manitoba Street, Liberty Village

Detached for Sale in Liberty Village

Neighbourhood: Mimico

4Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13416134
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Lot Size
5,083 sqft
Listing Brokerage
RE/MAX URBAN TORONTO TEAM REALTY INC.
Description

Custom-designed contemporary family home offering over 3,000 sq. ft. of finished living space on a coveted 40-ft lot in the heart of Mimico. Thoughtfully designed by Avenue Design, this turnkey home combines modern luxury with exceptional functionality.The open-concept main floor is ideal for entertaining, featuring a chef's kitchen with a 9-ft Caesarstone island, integrated appliances, Wolf cooktop, designer lighting, and a custom entertainment wall. Upstairs offers 9-ft ceilings, hardwood floors, spacious bedrooms, and a luxurious primary suite with walk-in closet and spa-inspired ensuite with heated floors and premium Brizo fixtures. A second bedroom also features its own private ensuite.The finished lower level with separate entrance includes heated floors, a bedroom, full bath, laundry, abundant storage, and a 10-ft bar island with sink and wine fridge-perfect for guests, extended family, or a recreation space.Oversized sliding doors open to a spectacular three-season outdoor living area featuring a custom Lousol aluminum louvered pergola with motorized louvers and remote-controlled blinds. Fully fenced backyard. Additional highlights include a centralized AV system with five Sonos zones, integrated ceiling speakers, outdoor audio, security system with perimeter cameras, single-car garage, and parking for up to six vehicles in the driveway.Located on a quiet, tree-lined street steps to Grand Avenue Park, top-rated schools, waterfront trails, SanRemo Bakery, Costco, and Royal York shops and restaurants. Walk to Mimico GO Station with direct service to Union Station in approximately 15 minutes. Quick access to the Gardiner, QEW, and Hwy 427.

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Estimated Payment

$8,846.23/mo

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5-yr fixed avg.

Principal: $1,599,920Interest: $1,053,950
Mortgage Amount$1,599,920
Total Interest$1,053,950
Est. Property Tax$1,417/mo
Total Cost$2,653,870

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

58 Manitoba Street, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$1,466

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1000/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Liberty Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Liberty Village. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    58 Manitoba Street | $1,999,900 | Battaglia Team