2216-1926 Lakeshore Boulevard, Toronto, ON

South Parkdale, Toronto · MLS® W12927050

$550,000
For Sale
Listed 117 days ago
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

This beautiful one-bedroom, one-bathroom condo is located in the heart of downtown, offering both style and convenience. The open-concept layout is perfect for modern living, featuring a bright and airy living space with large windows that fill the home with natural light. The kitchen is equipped with contemporary finishes, including sleek cabinetry and stainless steel appliances, making it a perfect spot for cooking and entertaining.The bedroom is a tranquil retreat, complete with soft, cozy lighting. The bathroom is tastefully designed with modern fixtures, a deep soaking tub, and a chic vanity.Residents have access to a range of top-notch amenities, such as a fully equipped gym, a stylish lounge area, and a rooftop terrace with breathtaking views of the city. The condo also includes a secure underground parking space and a private locker for extra storage, making it an ideal urban oasis.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12927050
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Lakeshore Blvd/Windmere
Parking
1 garage (underground)
Basement
None, Other
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Brick Front
Maintenance
$491/mo
Exposure
North West
Property tax
$2,768 / 2025
Days on market
117
Listing brokerage
EXP REALTY

Rooms

BedroomFlat12.00 × 11.00 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$463Kest. value

Listed at $550,000, this home is about 19% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Priced above comparable homes overall, but the price per square foot ($1,001/sqft) is in line with the area, so you are paying for extra space rather than a premium.

In South Parkdale lately, sellers have been getting about 96% of asking and homes sell in about 36 days.

Based on 94 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 94 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $571K, higher than the comparables and worth a second look.

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 $529K
  • Bedrooms +$30K
  • Adjusts to $559K

That comparable adjusts to $559K; the $463K estimate above is the median of all 94 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.

On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

List price
$384KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $463K, median of 94 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in South Parkdale · asking prices
$532kavg asking

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

1012-270 Dufferin Street$525k1616-1926 Lakeshore Boulevard$510k1625-38 Joe Shuster Way$515k725-38 Joe Shuster Way$499k1701-1900 Lake Shore Boulevard$613k

The 5 closest of 8 active listings nearby.

See all comparable homes
550kThis home525k510k515k499k613kThis home vs active comparables
Live market pulseActive comparables in South Parkdale · median list $613K
$1,001this home / sqft
19active listings nearby
117days on market
100sold nearby · 90 days
$695Kmedian sold price
96%of asking, on average

This home lists 2% above the area average of $982/sqft.

116 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

South Parkdale, 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.

Nearby neighbourhoods

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

Mimico
$599K
Niagara
$703K
Islington-City Centre West
$629K
Waterfront Communities C1
$642K
Bay Street Corridor
$465K

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 Swansea Junior and Senior Public School
78%
Swansea Junior and Senior Public SchoolPublic · Elementary · 1.1 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$2,507/mo
$116KIncome needed
4.8×Price ÷ income
$578Weekly 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.

78%mortgage
Mortgage $2,507Property tax $231Condo fee $491Total carry $3,228

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $440,000 · 4.14% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,070Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$231
Condo / maintenance fees
$491
Heating
$0
Estimated monthly cost
$3,070

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,852/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

$264,401Total interest paid
$704,401Total of all payments
Principal $440,000 Interest $264,401
YearPrincipalInterestBalance
1$10,308$17,868$429,692
2$10,739$17,437$418,953
3$11,188$16,988$407,765
4$11,656$16,520$396,109
5$12,144$16,032$383,966
6$12,652$15,525$371,314
7$13,181$14,995$358,134
8$13,732$14,444$344,402
9$14,306$13,870$330,095
10$14,905$13,271$315,190
11$15,528$12,648$299,662
12$16,178$11,998$283,484
13$16,854$11,322$266,630
14$17,559$10,617$249,070
15$18,294$9,882$230,776
16$19,059$9,117$211,717
17$19,856$8,320$191,861
18$20,687$7,489$171,174
19$21,552$6,624$149,622
20$22,454$5,722$127,168
21$23,393$4,783$103,775
22$24,371$3,805$79,403
23$25,391$2,785$54,012
24$26,453$1,723$27,559
25$27,559$617$0

At the end of your 5-year term

Total paid over the term
$140,880
Principal paid down
$56,034
Interest paid
$84,846
Balance remaining
$383,966

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$1,700/mo
$20,400Gross annual rent
1.6%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.

3.7%
Gross yield
− Property tax $2,768− Condo fees $5,891− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,897

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.

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