LPH3802-33 Shore Breeze Drive, Toronto, ON

Mimico, Toronto · MLS® W13130220

$680,000
For Sale
Listed 69 days ago
2Bedrooms
1Bathrooms
2Garage
800-899Sq Ft

About this home

Enjoy waterfront living in the heart of Humber Bay Shores with this bright and spacious Lower Penthouse corner suite offering approximately 818 sq. ft. plus a large 370 sqft wrap-around balcony with panoramic lake and skyline views. Featuring 2 parking spots with EV charging capability, maintenance includes Heat and Water, locker, 10-ft smooth ceilings, floor-to-ceiling windows, brand-new hardwood flooring, steel appliances, and in-suite laundry with sink. Excellent connectivity with Mimico GO only 2.5 km away, Old Mill TTC Station approximately 4.9 km away, and downtown Toronto just 9 km from your doorstep. Located just 150m from Humber Bay, 300m from Humber Bay Park East waterfront trails, less than 200m from cafes, and approximately 350m from grocery shopping. Residents enjoy resort-style amenities including 24-hour concierge, outdoor pool & hot tub, fitness centre, yoga studio, steam room, sauna, party lounge and theatre, dog wash area, car wash, table tennis room, and more. Latest addition is upcoming indoor kids play area.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13130220
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
800-899
Cross streets
Park Lawn Rd & Lake Shore Blvd W
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$873/mo
Exposure
West
Property tax
$3,672 / 2025
Days on market
69
Listing brokerage
EXP REALTY

Rooms

Living RoomFlat14.07 × 14.11 m
Living RoomFlat14.11 × 14.07 m
BedroomFlat10.89 × 10.30 m
KitchenFlat14.11 × 7.20 m
DenFlat10.89 × 6.43 m
Moe’s TakeTeam Asgarian · Broker
Above comparables
$584Kest. value

Listed at $680,000, this home is about 16% 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 ($800/sqft) is below the area, so you are paying for extra space rather than a premium.

In Mimico lately, sellers have been getting about 96% of asking and homes sell in about 40 days.

Based on 8 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 8 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $799K, 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 $435K
  • Size difference +$86K
  • Adjusts to $521K

That comparable adjusts to $521K; the $584K estimate above is the median of all 8 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 John English 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.

List price
$557KGreat deal$680KOverpriced

Total price vs nearby homes. Fair value about $584K, median of 8 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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$647kavg asking

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

1002-15 Legion Road$499k2904-2240 Lake Shore Boulevard$715k1003-33 Shore Breeze Drive$717k2907-2240 Lake Shore Boulevard$678k2524-165 Legion Road$625k

The 5 closest of 8 active listings nearby.

See all comparable homes
680kThis home499k715k717k678k625kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $696K
$800this home / sqft
57active listings nearby
69days on market
100sold nearby · 90 days
$611Kmedian sold price
96%of asking, on average

This home lists 7% below the area average of $862/sqft.

68 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

Mimico, 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.

Islington-City Centre West
$549K
Niagara
$534K
Waterfront Communities C1
$616K
Bay Street Corridor
$506K
Church-Yonge Corridor
$625K

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 John English Junior Middle School
73%
John English Junior Middle SchoolPublic · Elementary · 1.8 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$3,099/mo
$148KIncome needed
4.6×Price ÷ income
$715Weekly 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.

72%mortgage
Mortgage $3,099Property tax $306Condo fee $873Total carry $4,279

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,903per month

Mortgage amount $544,000 · 4.14% over 25 years

$136,000Down payment (20.0%)
$544,000Loan before insurance
$0CMHC premium
$4,082Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,903
Property tax
$306
Condo / maintenance fees
$873
Heating
$0
Estimated monthly cost
$4,082

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

One-time closing costs

Ontario land transfer tax
$10,075
Toronto municipal land transfer tax
$10,075
Estimated closing costs
$20,150

Plus your down payment of $136,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,526/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

$326,896Total interest paid
$870,896Total of all payments
Principal $544,000 Interest $326,896
YearPrincipalInterestBalance
1$12,744$22,092$531,256
2$13,277$21,559$517,979
3$13,832$21,003$504,146
4$14,411$20,425$489,735
5$15,014$19,822$474,721
6$15,642$19,194$459,080
7$16,296$18,540$442,783
8$16,978$17,858$425,806
9$17,688$17,148$408,118
10$18,428$16,408$389,690
11$19,199$15,637$370,491
12$20,002$14,834$350,490
13$20,838$13,998$329,651
14$21,710$13,126$307,942
15$22,618$12,218$285,324
16$23,564$11,272$261,759
17$24,550$10,286$237,210
18$25,577$9,259$211,633
19$26,646$8,189$184,987
20$27,761$7,075$157,226
21$28,922$5,914$128,303
22$30,132$4,704$98,171
23$31,392$3,443$66,779
24$32,705$2,130$34,073
25$34,073$762$0

At the end of your 5-year term

Total paid over the term
$174,179
Principal paid down
$69,279
Interest paid
$104,901
Balance remaining
$474,721

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
2.1%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.

4.8%
Gross yield
− Property tax $3,672− Condo fees $10,481− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,083

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

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