208-3835 Lake Shore Boulevard, Toronto, ON

Long Branch, Toronto · MLS® W12833150

$499,000
For Sale
Listed 137 days ago
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2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

This spacious and modern 2-bedroom low-rise condo offers exceptional convenience-located directly across from Long Branch GO Station, with 24-hour TTC and Mississauga transit at your doorstep. The unit features a beautifully updated kitchen, stylish laminate flooring throughout and a walkout to an open balcony, perfect for enjoying fresh air and natural light. Ample ensuite storage adds to the functionality of the space. Ideally situated close to shopping, parks, schools, Downtown Toronto, major highways, and the airport, this condo delivers both comfort and connectivity.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12833150
Bedrooms
2
Bathrooms
1
Size
800-899
Cross streets
Browns Line/Lakeshore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Other
Exterior
Brick
Maintenance
$782/mo
Exposure
North
Property tax
$1,712 / 2025
Days on market
137
Listing brokerage
ROYAL LEPAGE PORRITT REAL ESTATE

Rooms

KitchenFlat3.05 × 1.88 m

updated · pass through · double sink

Dining RoomFlat4.42 × 2.38 m

combined w/living · laminate

BedroomFlat3.14 × 4.83 m

walk-in closet(s) · laminate

BedroomFlat3.19 × 2.53 m

closet · laminate

Living RoomFlat4.42 × 2.38 m

combined w/dining · laminate · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
In line
$545Kest. value

Listed at $499,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $346K, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $619K
  • Bedrooms −$30K
  • Adjusts to $589K

That comparable adjusts to $589K; the $545K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is James S Bell Junior Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Lakeshore Rd At Long Branch Go Station is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$368KGreat deal$589KOverpriced

Total price vs nearby homes. Fair value about $545K, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$500kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

907-195 wynford Drive$469k1412-205 Sherway Gardens Road$549k406-800 Lawrence Avenue$549k1606-75 Queens Wharf Road$559k701-45 Sunrise Avenue$375k

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home469k549k549k559k375kThis home vs active comparables
Live market pulseActive comparables in Long Branch · median list $575K
$587this home / sqft
6active listings nearby
137days on market

This home lists 8% below the area average of $640/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Long Branch, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

75/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Lakeshore Rd At Long Branch Go Station, about 58 m away

20+ transit stops1 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Islington-City Centre West
$528K
Mimico
$800K
Niagara
$718K
Waterfront Communities C1
$672K
Waterfront Communities C8
$1.24M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near James S Bell Junior Middle School
70%
James S Bell Junior Middle SchoolPublic · Elementary · 1.1 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$2,274/mo
$109KIncome needed
4.6×Price ÷ income
$525Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $2,274Property tax $143Condo fee $782Total carry $3,199

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,130per month

Mortgage amount $399,200 · 4.14% over 25 years

$99,800Down payment (20.0%)
$399,200Loan before insurance
$0CMHC premium
$3,055Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,130
Property tax
$143
Condo / maintenance fees
$782
Heating
$0
Estimated monthly cost
$3,055

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,455
Toronto municipal land transfer tax
$6,455
Estimated closing costs
$12,910

Plus your down payment of $99,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,587/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$239,884Total interest paid
$639,084Total of all payments
Principal $399,200 Interest $239,884
YearPrincipalInterestBalance
1$9,352$16,211$389,848
2$9,743$15,820$380,105
3$10,151$15,413$369,954
4$10,575$14,988$359,379
5$11,018$14,546$348,362
6$11,478$14,085$336,883
7$11,958$13,605$324,925
8$12,459$13,105$312,466
9$12,980$12,584$299,486
10$13,523$12,041$285,964
11$14,088$11,475$271,875
12$14,678$10,886$257,198
13$15,292$10,272$241,906
14$15,931$9,632$225,975
15$16,598$8,966$209,377
16$17,292$8,271$192,085
17$18,015$7,548$174,070
18$18,769$6,795$155,301
19$19,554$6,010$135,748
20$20,372$5,192$115,376
21$21,224$4,340$94,152
22$22,112$3,452$72,040
23$23,036$2,527$49,004
24$24,000$1,563$25,004
25$25,004$559$0

At the end of your 5-year term

Total paid over the term
$127,817
Principal paid down
$50,838
Interest paid
$76,979
Balance remaining
$348,362

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
3.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

6.5%
Gross yield
− Property tax $1,712− Condo fees $9,381− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,143

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE PORRITT REAL ESTATE. MLS®/PropTx.

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