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48 Murrie Street, Mimico M8V 1X7

Price

$799,000

Bedrooms

2 Beds

Bathrooms

1 Baths

Size

700-1100 sqft

Year Built

51-99

Property Type

House

Property Taxes

$4856.32

Description

Welcome to this beautifully maintained detached bungalow in the heart of Mimico, perfectly suited for young couples or growing families looking to put down roots in a vibrant, lakeside community. Set on a generous 35 x 125 ft lot, this inviting home blends classic charm with thoughtful updates. Inside, you'll find a bright and airy living/dining space filled with natural light, complemented by pristine hardwood floors, creating an open, comfortable feel throughout. The home features two well-proportioned bedrooms, and a recently updated bathroom. The lower level offers a large finished area, perfect for lounging and watching movies as well as ample space for a kids' play area and home office. A spacious storage area with laundry and a workshop, plus excellent ceiling height and a naturally dry foundation thanks to the home's slightly elevated position (a rare find in Mimico). There's clear potential to expand your living space with a second bathroom or additional finished rooms. Step outside to enjoy a big, private backyard with a concrete patio, perfect for summer entertaining, kids, or quiet evenings. The new south-facing composite front deck is ideal for morning coffee in the sun, while the back retractable awning (2021) adds comfort and shade on warm days. A private drive with parking for three cars and a large detached garage add everyday convenience. Major updates include new eavestroughs/downspouts, and soffits (2023), along with central A/C (2021), composite front deck (2023),offering peace of mind for years to come. Ideally located just a short walk to the Mimico GO Station making commuting a breeze with quick access to downtown and Union Station. Steps to the best of Lakeshore living, including parks, waterfront trails, restaurants, and local favorites like San Remo Bakery. A rare opportunity to own a solid, move-in-ready home with room to grow in one of Etobicoke's most sought after communities.

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$3,775 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$639,200

Total Interest Payments

$394,106

Total Payment (Principal + Interest)

$1,033,306

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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