Bright and spacious 660 sq. ft. 1+1 bedroom, 2 full bathroom suite at Phoenix Condos, ideally located at Park Lawn & Lakeshore. Featuring a functional layout, modern finishes, quartz countertops, stainless steel appliances, and a 120+ sq. ft. private balcony. Enjoy a peaceful setting surrounded by green space, with a large off-leash dog park right beside the building and easy access to the waterfront. Conveniently located near Humber Bay Park, Sherway Gardens, QEW, Mimico GO, shopping, dining, groceries and transit, with easy access to downtown Toronto
1 bedroom, 2 bathrooms, about 600 sq ft, works out to roughly $865 per square foot, 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.Ask Zara a follow-up
Inside 251 Manitoba St #402
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 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 #402 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13878840$519,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 251 Manitoba St #402 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,550
/mo
based on the purchase price of $519,000
$103,800 cash
$415,200 financed
$349,707 total interest
Principal54%$415,200
Interest46%$349,707
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 PropTx 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 PropTx 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 PropTx, 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 $519K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,605Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 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 · 5 for rent at 251 Manitoba St — plus its sale and lease history.
251 Manitoba St #402 is listed at $519,000 (MLS® W13878840). Summitly updates the price as soon as the MLS® record changes.
Is $519,000 a good price for 251 Manitoba St #402?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 251 Manitoba St #402 changed?
No — 251 Manitoba St #402 is still listed at its original asking price of $519,000.
How many bedrooms and bathrooms does 251 Manitoba St #402 have?
251 Manitoba St #402 has 1 bedroom and 2 bathrooms, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 251 Manitoba St #402 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 #402?
About $2,550 a month — principal and interest on $519,000 with 20% down ($103,800), 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 #402 compare with other homes in Toronto?
Its asking price of $519,000 is about 39% below the median sold price in Toronto over the last 90 days, $849,000, across 9,654 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 #402 been sold before?
Summitly has no earlier MLS® sale or lease of 251 Manitoba St #402 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 251 Manitoba St #402?
251 Manitoba St #402 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 251 Manitoba St #402 been on the market?
251 Manitoba St #402 was listed today (October 8, 2026).
What is the price per square foot of 251 Manitoba St #402?
About $742 to $865 per square foot: the asking price of $519,000 over the 600–699 sq ft the listing gives as its size range.
Does 251 Manitoba St #402 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.