2905-90 Park Lawn Road, Toronto, ON
Mimico, Toronto · MLS® W12889040
About this home
Award winning master planned community "South Beach Condos & Lofts" by Amexon. Close proximity to downtown, waterfront and public transportation. Vacation type living at its fullest with over 40,000 sq ft of resort lifestyle amenities. High end art deco retail gateway at entrance. Rarely offered Penthouse suite, large 3bd+den, 3 bathroom corner unit with soaring 10' ceilings. Fully upgraded with thousands spent..Wrap around terrace and private balcony with walk out in primary bedroom. Wrap around floor to ceiling windows with spectacular panoramic views. Luxuries finishes, European appliances, Pot lights, marble kitchen and bathrooms, panelled fridge and dishwasher (double door fridge/freezer), spa like bathrooms. Separate laundry room and storage room. Double sink, jacuzzi tub and heated floors in primary ensuite. Jack and Jill bathroom with double sink for 2nd and 3rd bedroom. Custom Closet organizers throughout. Two parking spots included (side by side) with your own private garage (EV Charging). One locker included. Seller motivated. A must see!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W12889040
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1800-1999
- Cross streets
- Lake Shore BLVD W / Park Lawn Rd
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Aluminum Siding
- Maintenance
- $1,721/mo
- Exposure
- North East
- Property tax
- $7,322 / 2025
- Days on market
- 127
- Listing brokerage
- CONDOS AND CASTLES REALTY INC.
Rooms
walk-in closet(s) · glass doors · 5 pc ensuite
large window · walk-in closet(s) · 5 pc ensuite
Glass Doors
Open Concept
5 pc ensuite · double sink · marble floor
Side Door
5 pc ensuite · double sink · marble floor
5 pc ensuite · w/o to terrace · walk-in closet(s)
separate room · side door
2 pc bath · marble floor
centre island · double sink · pot lights
Open Concept
Listed at $1,865,000, this home is about 25% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Mimico lately, sellers have been getting about 94% of asking and homes sell in about 38 days.
Based on 92 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 92 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.63M, a close match.
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, sold for $980K
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.02M
That comparable adjusts to $1.02M; the $1.50M estimate above is the median of all 92 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Étienne Brûlé Junior 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. Bus stop is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.50M, median of 92 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.
- Heated floors: comfort and a premium-finish signal.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 10% above the area average of $896/sqft.
126 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Walker's ParadiseA 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: Bus stop, about 91 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.
Mortgage amount $1,492,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,962
- Property tax
- $610
- Condo / maintenance fees
- $1,721
- Heating
- $0
- Estimated monthly cost
- $10,293
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $33,775
- Toronto municipal land transfer tax
- $33,775
- Estimated closing costs
- $67,550
Plus your down payment of $373,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $477,712
- Principal paid down
- $190,007
- Interest paid
- $287,705
- Balance remaining
- $1,301,993
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CONDOS AND CASTLES REALTY INC.. MLS®/PropTx.