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.
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Sale and tax history for 165 Legion Rd N #1634
Sale History
Tax History
Date
Event
Price
TREB #W13692720
Aug 18, 2026
Listed
$489,000
TREB #W12674626
Jul 1, 2026
Delisted
—
Mar 24, 2026
Price Changed
$479,900
Feb 9, 2026
Price Changed
$499,999
Jan 2, 2026
Listed
$515,000
+30
Bright and functional open-concept condo in the heart of Mimico. This well-designed suite offers efficient use of space, floor-to-ceiling windows, and a seamless living and dining area. The open-concept layout features a thoughtfully designed, well-equipped kitchen seamlessly integrated into the living space. Additional features include central air conditioning, in-suite laundry, and owned underground parking. Ideally situated near major shopping amenities, everyday conveniences, and transit options including nearby streetcar service, with quick access to highway connections. Steps to the waterfront and within easy reach of downtown Toronto. An excellent opportunity for first-time buyers or investors seeking a low-maintenance urban lifestyle. Property is leased effective June 1, 2026 and is being offered as an investment property with tenant in place. Ideal opportunity for investors seeking immediate rental income. Buyer must assume existing tenancy and lease obligations.