2001-2212 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13269944

$749,000
For Sale
Listed 43 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome To 2212 Lake Shore Blvd W Unit 2001! This Beautifully Updated 2-Bedroom, 2-Bathroom South-East Corner Suite Offers Bright And Spacious Waterfront Living With Stunning Lake Views. Freshly Painted Throughout, This Home Features A Functional Open-Concept Layout With Large Windows, Abundant Natural Light, And Higher Ceiling Height That Creates An Airy And Comfortable Feel. The South-Facing Exposure Showcases Beautiful Lake And City Views, While The Split-Bedroom Layout Provides Excellent Privacy And Practicality. Enjoy A Modern Kitchen, Spacious Living/Dining Area, And Two Well-Appointed Bathrooms, Perfect For End Users, Professionals, Downsizers, Or Investors. Ideally Located In The Sought-After Humber Bay Shores Waterfront Community, Steps To The Lake, Parks, Waterfront Trails, TTC, Restaurants, Shops, Cafes, And Easy Access To The Gardiner, QEW, Downtown Toronto, And The Airport. A Rare Opportunity To Enjoy Stylish Lakeside Living In One Of Toronto's Most Desirable Waterfront Neighborhoods!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13269944
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Park Lawn Rd/Lake Shore Blvd W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$728/mo
Exposure
South
Property tax
$3,169 / 2026
Days on market
43
Listing brokerage
BAY STREET INTEGRITY REALTY INC.

Rooms

KitchenFlat3.86 × 2.12 m
Living RoomFlat4.17 × 2.52 m
Dining RoomFlat3.47 × 1.74 m
Bedroom 2Flat2.84 × 2.70 m
Primary BedroomFlat3.47 × 3.22 m
Moe’s TakeTeam Asgarian · Broker
In line
$717Kest. value

Listed at $749,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 22 similar homes nearby, adjusted for size, beds, and baths.Median of 22 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $681K, 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, listed at $828K
  • Adjusts to $828K

That comparable adjusts to $828K; the $717K estimate above is the median of all 22 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$634KGreat deal$773KOverpriced

Total price vs nearby homes. Fair value about $717K, median of 22 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.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Mimico · asking prices
$751kavg asking

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

407-2230 Lake Shore Boulevard$719k2904-2240 Lake Shore Boulevard$715k507-5 Marine Parade Drive$750k3301-16 Brookers Lane$745k1416-30 Shore Breeze Drive$828k

The 5 closest of 8 active listings nearby.

See all comparable homes
749kThis home719k715k750k745k828kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $699K
$882this home / sqft
61active listings nearby
43days on market

This home lists 2% above the area average of $862/sqft.

42 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.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C1
$786K
Annex
$929K
Church-Yonge Corridor
$672K
Willowdale East
$489K
Willowdale West
$770K

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 Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 1.6 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$3,414/mo
$155KIncome needed
4.8×Price ÷ income
$788Weekly 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.

77%mortgage
Mortgage $3,414Property tax $264Condo fee $728Total carry $4,405

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,198per month

Mortgage amount $599,200 · 4.14% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$4,190Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,198
Property tax
$264
Condo / maintenance fees
$728
Heating
$0
Estimated monthly cost
$4,190

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

One-time closing costs

Ontario land transfer tax
$11,455
Toronto municipal land transfer tax
$11,455
Estimated closing costs
$22,910

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,884/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

$360,066Total interest paid
$959,266Total of all payments
Principal $599,200 Interest $360,066
YearPrincipalInterestBalance
1$14,037$24,333$585,163
2$14,624$23,746$570,538
3$15,236$23,135$555,302
4$15,873$22,497$539,429
5$16,537$21,833$522,892
6$17,229$21,142$505,663
7$17,950$20,421$487,713
8$18,701$19,670$469,012
9$19,483$18,888$449,530
10$20,298$18,073$429,232
11$21,147$17,224$408,085
12$22,031$16,339$386,054
13$22,953$15,418$363,101
14$23,913$14,458$339,189
15$24,913$13,458$314,275
16$25,955$12,415$288,320
17$27,041$11,330$261,279
18$28,172$10,199$233,108
19$29,350$9,020$203,757
20$30,578$7,793$173,179
21$31,857$6,514$141,322
22$33,190$5,181$108,133
23$34,578$3,793$73,555
24$36,024$2,347$37,531
25$37,531$840$0

At the end of your 5-year term

Total paid over the term
$191,853
Principal paid down
$76,308
Interest paid
$115,545
Balance remaining
$522,892

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
2.2%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.

4.3%
Gross yield
− Property tax $3,169− Condo fees $8,732− Insurance $600− Vacancy & upkeep $3,564Net operating income $16,335

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

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