526-2267 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13439824

$835,000
For Sale
Listed 38 days ago
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3Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft
7 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Welcome to Marina Del Rey at 2267 Lake Shore Boulevard West unit 526 in the heart of Mimico's vibrant waterfront community. This light-filled suite offers a functional split-bedroom layout with an open concept living and dining area, ideal for both everyday living and entertaining. The spacious primary bedroom comfortably fits a king-size bed and features a walk-in closet and private four-piece ensuite. Residents enjoy a relaxed waterfront lifestyle with the scenic Waterfront Trail just steps away and the TTC only a one-minute walk from the building. Marina Del Rey offers an extensive range of amenities including an indoor pool, fitness centre, tennis and squash courts, party and lounge rooms, library, outdoor BBQ areas, car wash, 24-hour concierge, parking, and ample visitor parking, all surrounded by parks, marinas, restaurants, grocery stores, and convenient access to downtown Toronto and major highways.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13439824
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Parklawn And Lake Shore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$980/mo
Exposure
North West
Property tax
$1,500 / 2025
Days on market
38
Listing brokerage
PROPERTY.CA INC.

Rooms

Primary BedroomMain4.74 × 3.16 m

4 pc ensuite · walk-in closet(s) · laminate

KitchenMain2.80 × 2.21 m

stainless steel appl · tile floor · double sink

Bedroom 2Main3.56 × 4.57 m

french doors · closet organizers · laminate

Living RoomMain5.73 × 4.65 m

laminate · combined w/dining

Dining RoomMain3.91 × 2.54 m

combined w/family · laminate

Moe’s TakeTeam Asgarian · Broker
Below comparables
$918Kest. value

Listed at $835,000, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $331K, lower 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, listed at $1.04M
  • Adjusts to $1.04M

That comparable adjusts to $1.04M; the $918K estimate above is the median of all 14 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 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.

On location, this is a very walkable address with everyday errands close by. Bus stop is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$835KGreat deal$1.01MOverpriced

Total price vs nearby homes. Fair value about $918K, median of 14 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$886kavg asking

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

231-30 Shore Breeze Drive$849k611-2261 Lakeshore Boulevard$870k2708-88 Park Lawn Drive$880k523-30 Shore Breeze Drive$884k1708-90 Park Lawn Road$949k

The 5 closest of 8 active listings nearby.

See all comparable homes
835kThis home849k870k880k884k949kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $880K
$759this home / sqft
38active listings nearby
38days on market

This home lists 13% below the area average of $873/sqft.

On the market now.

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

90/ 100

Walker's ParadiseA 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: Bus stop, about 34 m away

20+ transit stops4 grocery20+ dining20+ parks9 pharmacies

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.

Niagara
$665K
Waterfront Communities C1
$541K
Annex
$513K
Bay Street Corridor
$568K
Waterfront Communities C8
$560K

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 David Hornell Junior School
68%
David Hornell Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$3,806/mo
$170KIncome needed
4.9×Price ÷ income
$878Weekly 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 $3,806Property tax $125Condo fee $980Total carry $4,911

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,565per month

Mortgage amount $668,000 · 4.14% over 25 years

$167,000Down payment (20.0%)
$668,000Loan before insurance
$0CMHC premium
$4,670Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,565
Property tax
$125
Condo / maintenance fees
$980
Heating
$0
Estimated monthly cost
$4,670

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

One-time closing costs

Ontario land transfer tax
$13,175
Toronto municipal land transfer tax
$13,175
Estimated closing costs
$26,350

Plus your down payment of $167,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,330/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

$401,409Total interest paid
$1,069,409Total of all payments
Principal $668,000 Interest $401,409
YearPrincipalInterestBalance
1$15,649$27,127$652,351
2$16,304$26,473$636,048
3$16,985$25,791$619,062
4$17,696$25,080$601,366
5$18,436$24,340$582,930
6$19,207$23,569$563,723
7$20,011$22,766$543,712
8$20,848$21,929$522,864
9$21,720$21,057$501,145
10$22,628$20,148$478,516
11$23,575$19,202$454,942
12$24,561$18,216$430,381
13$25,588$17,188$404,793
14$26,659$16,118$378,134
15$27,774$15,003$350,360
16$28,935$13,841$321,425
17$30,146$12,631$291,280
18$31,407$11,370$259,873
19$32,720$10,056$227,153
20$34,089$8,687$193,064
21$35,515$7,262$157,549
22$37,000$5,776$120,549
23$38,548$4,228$82,001
24$40,160$2,616$41,840
25$41,840$936$0

At the end of your 5-year term

Total paid over the term
$213,882
Principal paid down
$85,070
Interest paid
$128,812
Balance remaining
$582,930

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$3,400/mo
$40,800Gross annual rent
2.7%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.

4.9%
Gross yield
− Property tax $1,500− Condo fees $11,760− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,452

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

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