2680 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13060924
About this home
RARELY AVAILABLE! LARGE FAMILY HOME, RIGHT ACROSS FROM THE LAKE! Handsome, solid, 2 storey, detached home. ENTIRE home for lease, upper & lower. Nicely renovated, well-maintained, 3 +1 bedrooms, 2 bath, 2 kitchens, 2 laundries,huge160 feet-deep lot, child-friendly backyard for gardening & celebrating life's milestones. Best of all, this charming home is situated steps away from the water's edge! Note, this home offers potential for many uses to meet your growing family's needs. There is a separate entrance to a cozy, downstairs, fully finished, apartment - ideal for an in-law suite, granny flat, teenage hub, man cave, private gym, guest accommodation, art studio or home office. The open-concept chef's kitchen is updated with stainless steel appliances, granite counters & a breakfast bar. Two baths, one with huge glass shower. Hardwood throughout. Fireplace focal point in LR. Imagine waking up every morning to glimpse sparkling lake views from the upper bedrooms. Enjoy a fabulous waterfront lifestyle, like being on a holiday 24/7. Acres of parks, wildlife, nature, sailing clubs. Miles of shoreline, bike trails, walking paths and secret little beaches. Near Go Station. TTC at front door, easy highway access, near major Shopping Malls,15 minute drive to downtown Toronto. Be part of the vibrant, Lakeshore Village community. Stroll to shops, pubs, dining, fast-foods, LCBO, professional offices & close to schools & groceries. Long-term lease is possible. Professionally managed residence. Pets welcome. Tenant pays insurance, utilities, grounds maintenance. Don't miss this lovely home, a perfect place to enjoy the good life by the lake! SPECIAL NOTE - This house has star-quality. Recently used for photo shoot for LAW & ORDER TV series. Who needs Hollywood when we've got Mimico!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13060924
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 2
- Size
- 1100-1500
- Lot
- 25.6 × 161.47 ft
- Cross streets
- Royal York/Lake Shore Blvd W.
- Parking
- 1 parking
- Basement
- Apartment, Finished, Separate Entrance
- Heating
- Other
- A/C
- Other
- Exterior
- Brick
- Foundation
- Block, Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 83
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
combined w/sunroom · overlooks frontyard
Hardwood Floor
renovated · breakfast bar · granite counters
overlook water · hardwood floor · large closet
hardwood floor · leaded glass · fireplace
Hardwood Floor
carpet free · breakfast area · casement windows
open concept · hardwood floor
combined w/family · combined w/office
Listed at $4,250/mo, this rental is within the range of comparable rentals, on the higher side. The number above is my independent estimate of value, not the asking price.
In Mimico lately, landlords have been getting about 99% of asking and homes lease in about 25 days. Rents are down 11% versus a year ago.
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 83 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 83 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. 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, leased for $3,500/mo
- Bedrooms +$150/mo
- Adjusts to $3,650/mo
That comparable adjusts to $3,650/mo; the $3,950/mo estimate above is the median of all 83 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.
The assigned public school is Second Street 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. Royal York Road is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $3,950/mo, median of 83 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Income potential
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes82 days longer than the Toronto average (1 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
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
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: Royal York Road, about 178 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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $3,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $18
- Property tax
- $3
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $21
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21
- Toronto municipal land transfer tax
- $21
- Estimated closing costs
- $43
Plus your down payment of $850. 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
- $1,089
- Principal paid down
- $433
- Interest paid
- $656
- Balance remaining
- $2,967
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.