723-2267 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13185260
About this home
Experience Luxury At Marina Del Rey! Your Own Personal Oasis Is Waiting For You In The Vibrant Mimico Waterfront Community! This **Rare Balcony 2-Storey Loft** Offers Approximately 1,029 Sq. Ft. Of Fully Renovated Living Space With Modern Finishes And Striking Design, Set On Over 10 Acres Of Prime Waterfront Space With Landscaped Parkland Adjacent To Two Prestigious Yacht Clubs! Floor-To-Ceiling Windows Flood The Unit With Natural Light And Showcase Panoramic Views Of The Downtown Toronto Skyline And Lake Ontario. The Open-Concept Main Level Features A Modern Kitchen With Stainless Steel Appliances, Quartz Countertops And Backsplash, An Electric Fireplace With Built-In Shelves, And A Walk-Out To A Private Balcony. A Spiral Staircase Leads To An Upper-Level Den With Potential For A **Second Bedroom** Or Workspace! The Primary Suite Includes A Walk-In Closet And A 4-Piece Marble-Finished Ensuite. Additional Highlights Include In-Suite Laundry, One Underground Parking Space, And A Locker. Enjoy Full-Service Amenities Including An Indoor Pool, Hot Tub, Sauna, BBQ Area, Library, Banquet Hall, Fitness Centre, Tennis And Squash Courts, Party Room, And Concierge, With Maintenance Fees Covering All Utilities. Ideally Located Minutes To Downtown With Easy Access To Highway 427, Gardiner Expressway, Mimico GO, And TTC, And Surrounded By Humber Bay Shores Park, Sunnyside Beach, Sheldon Lookout, And The Palace Pier-Offering Convenient, High-End Waterfront Living.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- W13185260
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 1000-1199
- Cross streets
- Lake Shore Blvd & Park Lawn Rd.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,069/mo
- Exposure
- South East
- Property tax
- $3,182 / 2026
- Days on market
- 57
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
stainless steel appl · quartz counter · custom backsplash
hardwood floor · open concept · spiral stairs
b/i shelves · electric fireplace · w/o to balcony
2 pc bath · tile floor · combined w/laundry
walk-in closet(s) · 4 pc ensuite · large window
marble floor · b/i vanity · 4 pc bath
hardwood floor · double closet · stucco ceiling
Listed at $799,000, and my independent estimate is right in line with comparable homes.
In Mimico lately, sellers get about 96% of asking; homes sell in ~39 days.
Total price vs nearby homes. Fair value about $777K, median of 7 comparables.
How this estimate is builtthe short version
I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $741K, a close match.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 7 comparable homes that recently sold nearby.
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 homesThis home lists 19% below the area average of $900/sqft.
On the market now.
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.
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 24, 2026); conventional rates run a little higher.
Mortgage amount $639,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,411
- Property tax
- $265
- Condo / maintenance fees
- $1,069
- Heating
- $0
- Estimated monthly cost
- $4,745
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,455
- Toronto municipal land transfer tax
- $12,455
- Estimated closing costs
- $24,910
Plus your down payment of $159,800. 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
- $204,661
- Principal paid down
- $81,402
- Interest paid
- $123,258
- Balance remaining
- $557,798
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 SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.