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1 Bed, 1 Bath Condo in Toronto
Unit 504 at 251 Manitoba Street
Live Steps From The Lake In The Heart Of Vibrant Mimico! Welcome To 251 Manitoba St, A Bright And Modern 1-Bedroom Condo Offering A Functional Open-Concept Layout And Comfortable, Turnkey Living. The Sleek Kitchen Features Stainless Steel Appliances And Ample Cabinetry, While The Spacious Bedroom Offers A Large Closet For Excellent Storage. Step Outside Onto Your Private 55 Sq Ft Balcony And Enjoy Added Convenience With Underground Parking And A Locker. Offered Fully Furnished, This Move-In-Ready Suite Is Ideal For First-Time Buyers, Downsizers, Or Investors Seeking A Rental-Ready Opportunity. Furniture Can Be Included For Free . Enjoy World Class Building Amenities, Including 24-Hour Concierge, Outdoor Pool, Fitness Centre, Sauna, BBQ Area, And Party Room. Ideally Located Just Steps From The Waterfront, Parks, Trails, Transit, Restaurants, Cafes, And Shops. Quick Access To The Gardiner Expressway Makes Commuting Easy, With Downtown Toronto Just Minutes Away. A Fantastic Opportunity To Own A Stylish, Low-Maintenance Home In One Of Toronto's Most Desirable Waterfront Communities!
1 bedroom, 1 bathroom, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 251 Manitoba St #504
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
251 Manitoba St #504 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,358
/mo
based on the purchase price of $479,999
$96,000 cash
$383,999 financed
$323,428 total interest
Principal54%$383,999
Interest46%$323,428
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $480K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4931.9%On average, homes sold at or above asking.
Active listings12,254Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 28 – Jul 27, 2026: prices up.
Based on 9,621 sales from Jul 27 – Oct 25, 2026 (6,856 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 6 for rent at 251 Manitoba St — plus its sale and lease history.
251 Manitoba St #504 is listed at $479,999 (MLS® W13743922). Summitly updates the price as soon as the MLS® record changes.
Has the price of 251 Manitoba St #504 changed?
No — 251 Manitoba St #504 is still listed at its original asking price of $479,999.
How many bedrooms and bathrooms does 251 Manitoba St #504 have?
251 Manitoba St #504 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
Is 251 Manitoba St #504 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 1.0 km (about a 13-minute walk) in a straight line. Old Mill Station is about 2.9 km, and Jane Station is about 2.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 251 Manitoba St #504?
About $2,358 a month — principal and interest on $479,999 with 20% down ($96,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 251 Manitoba St #504 compare with other homes in Toronto?
Its asking price of $479,999 is about 43% below the median sold price in Toronto over the last 90 days, $845,000, across 9,621 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 251 Manitoba St #504 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 251 Manitoba St #504 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 251 Manitoba St #504?
251 Manitoba St #504 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 251 Manitoba St #504 been on the market?
52 days — 251 Manitoba St #504 was listed on September 3, 2026.
What is the price per square foot of 251 Manitoba St #504?
About $962 per square foot: the asking price of $479,999 over the 0–499 sq ft the listing gives.
Does 251 Manitoba St #504 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 251 Manitoba St #504 have a basement, and is it finished?
The listing says 251 Manitoba St #504 has no basement.
