For SaleCondo Apt · ApartmentMLS® #W14175512 · TRREB MLS®
401-15 Legion Rd, Toronto, Ontario
Mimico, Toronto, Ontario M8V 0A9
- Bedrooms
- 1+1
- Bathrooms
- 1
- Type
- Condo Apt
- Basement
- None
$514,900
About 401-15 Legion Rd
401-15 Legion Rd is a 1+1-bedroom, 1-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $514,900 (MLS® W14175512).
By the Lake - Beyond the Sea - City living and lakeside serenity! This spacious 1 bed + den boasts 638 sq ft of living space with thoughtfully designed layout. Southwest exposure and floor to ceiling windows that fil the space with natural light. Open concept Living/Dining/Kitchen with Breakfast Bar and Walk Out to Private 188 sq ft Terrace. Generous size den is perfect for home office or easily enclosed to create private nursery. Kitchen features full sized stainless steel appliances, ample storage and plenty of counter space, ideal for cooking for those who love to host. Primary bedroom with wall to wall closet and walkout to terrace to enjoy beautiful evening sunset. Unit is on same floor as the BBQ / Patio Area- Enjoy resort-style amenities: 24 hour concierge, indoor pool, two gyms, sauna, theatre room, party/wine rooms, guest suites, library, billiards/ping pong. Steps to TTC, shops, grocery, restaurants, Humber Bay Park & Waterfront Trails, minutes to Gardiner/QEW.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even−$468/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 71 condos with 2 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $2,732 / 2026
- MLS® number
- W14175512
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Fridge, Stove, Microwave Rangehood, Built In Dishwasher, Newer Stacked Front Loader Washer and Dryer, One Parking Spot and One Locker
- Condo maint.
- $840
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.26 × 6.33 m | W/O To Terrace, hardwood floor, Window Flr to Ceil | Flat |
| Dining | 3.26 × 6.33 m | Combined W/Living, hardwood floor, Breakfast Bar | Flat |
| Kitchen | 3.26 × 3.26 m | Stainless Steel Appl, Granite Counter, Open Concept | Flat |
| Primary | 3.42 × 4.17 m | W/O To Terrace, hardwood floor, W/W Closet | Flat |
| Den | 1.94 × 2.25 m | Separate Rm, hardwood floor | Flat |
Map and tour
Condos for sale in Mimico right now
- For sale now
- 229
- Median asking price
- $635K
Middle half: $548K to $799K
This home is asking 19% below the median, lower than three quarters of them.
See all homes in MimicoAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
Changing nearby. 6 open development applications on this home’s street within 800 m.
2256 LAKE SHORE BLVD WSite planUnder Review
Site Plan application for a mixed-use building composed of a 37-storey tower and a 10-storey building, connected via a 6-storey base building. The proposed development includes 575 residential dwelling units and 629 square metres of commercial space at-grade along Lake Shore Boulevard West, fronting onto a pedestrian plaza and a 563-square metre parkland dedication.
70 m away2195 LAKE SHORE BLVD WSite planUnder Review
INACTIVE To expand the existing TTC bus loop to accomodate a streetcar turnaround facility and to construct one-storey washroom facility for TTC drivers.
270 m away23 PARK LAWN RDSite planUnder Review
The proposed Phase 1 development
290 m away23 PARK LAWN RDPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
290 m away23 PARK LAWN RDOfficial plan or zoning amendmentUnder Review
An Official Plan and Zoning By-law Amendment application in order to redesignate the lands (from Regeneration Areas to Mixed Use Areas and Parks and Open Spaces) for a new GO Station as well as to permit an intensified mixed-use development which would include mid-rise and tall buildings (including 15 towers with heights ranging from 28 to 70-storeys). The redevelopment of this site would be completed in multiple phases with new public and private streets, a new public park (1.25 ha), and two Squares (Station Square (4,311 square metres) and Boulevard Square (3,358 square metres)). This proposal includes a total gross floor area of approximately 701,809 square metres which would be a combination of residential (584,932 square metres), commercial (63,444 square metres), retail (36,364 square metres), and institutional/other (17,071 square metres) uses on the lands municipally known as 2150 & 2194 Lake Shore Boulevard West and 23 Park Lawn Road. This proposal includes a total of 7,504 residential units and 4,422 vehicular parking spaces. Refer to File Number 20 146496 WET 03 SB for the related Draft Plan of Subdivision application in order to establish development blocks and new streets (a total of 10 blocks).
290 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
300 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
Land transfer tax on this home
- Ontario land transfer tax
- $6,773
- Toronto municipal land transfer tax
- $6,773
- Total land transfer tax
- $13,546
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $5,071
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $514,900
- $2,298
- Ontario total
- $6,773
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,773.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- In the mapped Ravine and Natural Feature Protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No cleared building permit found for this address in the City’s cleared-permits file, which begins in 2017. Older permits, open permits and permits filed under another address form may not appear.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| David Hornell Junior SchoolToronto DSB | Public · grades JK–5 | 450 m | 68%Grade 3 average |
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 1.2 km | 73%Grade 3 average |
| St Leo Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.3 km | 86%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.4 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.9 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.2 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 3.6 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.9 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.2 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.3 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 3.5 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $102,980
- Total mortgage amount
- $411,920
- Total interest payment
- $293,080
- Total purchase cost
- $807,980
- Mortgage payment
- $2,350/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$3,418- Rent $2,950
- Shortfall $468
Rental income opens at $2,950, the median asking rent of 71 comparable homes for lease in Mimico. Type over it with the rent you expect. This is a planning tool, not advice.