85 days on Market

65 Lake Cres, Toronto, Ontario M8V 1W2

Detached
3
5
- sqft
$2,085,000
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Detached
3
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$8,954/mo

Tax Amount (2024)$4,349/yr

Days On Market85 days


Description

Stunning Custom Home in the Heart of Mimico! Welcome to this exquisite custom-built home by renowned mimico builder Midnight Homes. Completed in 2022, This elegant home features premium wide plank hardwood floors on both the main and upper levels, and a striking floating staircase with glass railings throughout. The chef's dream kitchen boasts built-in appliances, including a Wolfe stovetop, and a large waterfall island with a breakfast nook. The sophisticated open-concept living area includes a custom entertainment wall with quartz accents and built-in LED lighting, creating a perfect space for relaxation and gatherings. Step outside to a fully fenced backyard with a deck, interlock, garden, and LED lights for evening ambiance. Modern conveniences abound with automated windows offering UV ray protection film and one-way privacy. Located on a quiet, family-friendly one-way street in the lovely lakeside neighbourhood of South Mimico, this property is a wonderful opportunity to own a newly built home with all the modern amenities you desire. this contemporary masterpiece offers luxury living just steps from the lake and Lakeshore Village with its charming cafes, shops, and restaurants. Enjoy a short distance to the Mimico Cruising Club, tennis courts, walking trails, Humber Bay Shores, Mimico GO Station, and more. All just 10-15 minutes to downtown and the airport.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size3,125 SqFt(125 x 25)
Parking Spaces2
MLS ®NumberW9377853
Community NameMimico
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Walk-Up

Features

Lot size: 3,125 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 1

Total parking spaces 2


Property listed by RE/MAX HALLMARK REALTY LTD., Brokerage

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Market Data - Mimico

Balanced Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2023

18 days

2022

30 days

2021

19 days

New Listings

Past 30 days

32 listings

Compared to

2023

22 listings

2022

25 listings

2021

4 listings

Units sold

Past 30 days

7 units

Compared to

2023

7 units

2022

15 units

2021

9 units

Median Sold Price

Past 30 days

$1,655,000

Compared to

2023

$1,230,000

2022

$1,000,000

2021

$1,270,500


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

35 to 49
23%
20 to 34
23%
50 to 64
20%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget