$489,000Asking Price
165 Legion Road N 1634, Toronto, ON M8Y 0B3 #1634
Mimico, Toronto
Excellent investment opportunity in Toronto's established Mimico waterfront community. This bright and well-maintained 1+den suite offers a functional open-concept layout, floor-to-ceiling windows, abundant natural light, in-suite laundry, central air conditioning, an owned underground parking space and an owned locker.Conveniently located near the waterfront, parks, walking and cycling trails, cafés, restaurants, grocery stores, TTC, Mimico GO Station and the Gardiner Expressway, offering excellent connectivity to downtown Toronto.Sold with an existing tenant in place, providing immediate rental income from closing. The purchaser will assume the existing tenancy and all related landlord obligations, with the tenant's lawful rights and occupancy fully preserved. An attractive opportunity to acquire a tenanted, income-producing property in a desirable waterfront neighbourhood.
Excellent investment opportunity in Toronto's established Mimico waterfront community. This bright and well-maintained 1+den suite offers a functional open-concept layout, floor-to-ceiling windows, abundant natural light, in-suite laundry, central air conditioning, an owned underground parking space and an owned locker.Conveniently located near the waterfront, parks, walking and cycling trails, cafés, restaurants, grocery stores, TTC, Mimico GO Station and the Gardiner Expressway, offering excellent connectivity to downtown Toronto.Sold with an existing tenant in place, providing immediate rental income from closing. The purchaser will assume the existing tenancy and all related landlord obligations, with the tenant's lawful rights and occupancy fully preserved. An attractive opportunity to acquire a tenanted, income-producing property in a desirable waterfront neighbourhood.
See MoreKey Info
- Apartment Condo
- 1 Parking
- Garage
- Park Lawn Rd / Lake Shore Blvd W
- 500-599 Approximate Sq Feet
- 11-15 Years Approximate Age
- North-East Exposure
- Open Balcony
- Ensuite Laundry
- Owned Locker
- Electric Heating
- Central Air
Property
- $706 Monthly Condo Fees
- Includes: Heat, Water, Central A/C, Common Elements, Building Insurance, Parking.
- Excludes: Hydro, Cable TV
- Amenities: Concierge, Gym, Pool, Visitor Parking
- Taxes were $2,066 in 2025
- Possession: Flexible - tenant to be assumed
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #2289
- Condo Registry Office: TSCC
- MLS #W13692720
- Century 21 Miller Real Estate Ltd., Brokerage
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 1 4-Piece Bathroom in Flat | |||
How Far is Too Far?
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Who lives here?
Mimico, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 44, 25 to 44, 25 to 44 and 25 to 44 and seniors aged 65 to 69.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
55%
of residents
are renters.
55% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
45%
of residents are
university grads.
45% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$109K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Business | 11% |
| Management | 10% |
| Government | 8% |
| Trades | 8% |
Immigrants
41%
of residents were
born outside of Canada.
41% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.2% from India
All-time
Birthplace - Recent
1.2% from India
Recent
Foreign Languages
Foreign Languages
| Polish | 4% |
| Spanish | 3% |
| Ukrainian | 3% |
| Portuguese | 2% |
| Russian | 2% |
Religions
Religions
| Christian | 68% |
| Muslim | 4% |
| Hindu | 2% |
| Buddhist | 2% |
| Jewish | 1% |
Social Housing
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
