This Mimico townhome has been completely renovated from top to bottom with brand new flooring, kitchen cabinets and countertops, bathroom vanity, fresh paint and brand new appliances and shows like a brand-new model suite. Located just steps from Mimico GO station, this townhome offers great value for first-time homebuyers, investors or downsizers. Listed under Power of sale.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $958 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 8 Drummond St #421
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Stacked Townhouse
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Stacked Townhouse
Property class
Condo Townhouse
8 Drummond St #421 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
$2,353
/mo
based on the purchase price of $479,000
$95,800 cash
$383,200 financed
$322,755 total interest
Principal54%$383,200
Interest46%$322,755
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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 2–3 bed homes for sale in Toronto around $479K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,963Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 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
1 for sale at 8 Drummond St — plus its sale and lease history.
8 Drummond St #421 is listed at $479,000 (MLS® W12727464). Summitly updates the price as soon as the MLS® record changes.
Is $479,000 a good price for 8 Drummond St #421?
Summitly rates it Above Market: the asking price is 5% to 15% above 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 8 Drummond St #421 changed?
No — 8 Drummond St #421 is still listed at its original asking price of $479,000.
How many bedrooms and bathrooms does 8 Drummond St #421 have?
8 Drummond St #421 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo townhouse in Toronto.
Is 8 Drummond St #421 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 410 m (about a 5-minute walk) in a straight line. Kipling Station is about 4.0 km, and Royal York Station is about 4.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 8 Drummond St #421?
About $2,353 a month — principal and interest on $479,000 with 20% down ($95,800), 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 8 Drummond St #421 compare with other homes in Toronto?
Its asking price of $479,000 is about 43% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 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 8 Drummond St #421 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 8 Drummond St #421 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 8 Drummond St #421?
8 Drummond St #421 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 8 Drummond St #421 been on the market?
288 days — 8 Drummond St #421 was listed on January 24, 2026.
What is the price per square foot of 8 Drummond St #421?
About $800 to $958 per square foot: the asking price of $479,000 over the 500–599 sq ft the listing gives as its size range.