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Listed 3 months ago

16 Nautical Lane

Mimico, Toronto

$1,998,000

Condo Townhouse |
4 | 4 | 4
About this home

RARELY AVAILABLE WATER VIEW executive townhome tucked inside an intimate gated enclave of just 8 residences. Designed for sophisticated, low-maintenance living, this beautifully upgraded home blends privacy, elegance, and effortless functionality in one of Toronto's most connected locations. Enjoy over 2,750 sq. ft. of refined living space featuring soaring ceilings, rich hardwood floors, designer lighting, and expansive windows that frame tranquil water views and flood the home with natural light. The open-concept main level is ideal for entertaining, with seamless flow between the chef-inspired kitchen, dining area, and stunning living room anchored by a gas fireplace. The upper level offers a luxurious primary retreat complete with water views, a spa-inspired ensuite, and generous walk-in closets. Multiple outdoor spaces including a private balcony and patio create the perfect setting for morning coffee or evening wine overlooking the water. Thoughtfully updated throughout with premium finishes and smart conveniences including a Murphy bed, built-ins, upgraded insulation, modern HVAC systems, and ample storage. Direct access garage parking and executive-gated security add comfort and peace of mind A rare opportunity to enjoy turnkey luxury living close to Toronto's best dining, shopping, waterfront trails, and vibrant city amenities. Upgrades include; Roof and Insulation(2020),Furnace(2020),AC(2020),HWT(2021),Hardwood Floors and stairs, Vinyl(lower)(2020),Electrical, Pot Lights(2020),Bathroom(2021), Paint, Wallpaper(2021),Closet Organizers(2021), Main Floor Door Systems and Front Door (2023/24). Its time to make this your home!

Extras

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Got questions?

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Townhouse
Style3-Storey
Approx. AgeNot available
Size2750-2999 sq. ft.
Maintenance Fees$600
LockerNone
BalconyOpen
ExposureEast
Parking TypeAttached
Parking Spaces4
Parking FeaturesNone
Property Tax$7,797
Lot Size x
mls© NumberW13151690
Listed BySUTTON GROUP ELITE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,227
Property tax
$650
Heat allowance
$150
Condo fees, half counted
$300
Housing costs
$11,326 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $399,600
25-yr amortization

Income needed

$349,000

gross annual household income

Payment at 4%
$8,408 / mo
Cash down
$399,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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