407-3625 Lake Shore Boulevard, Toronto, ON

Long Branch, Toronto · MLS® W13441200

$319,000
For Sale
Listed 34 days ago
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2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Perfect location just at your door step. Go station, public Transit, Street car, Shopping Centre, Church, Marie Curtis Park, Lake. Minutes to downtown, QEW This 2 bedroom condo include: specious bedrooms with huge closet, kitchen with lots of cupboard space, locker, 1 parking, 1 locker meeting room, outdoor pool for relaxing during summer days Imagine a maintenance fee that include all the utilities: heat, hydro, water, internet high speed, cable, property taxes, parking, locker. Amazing huge balconies where you can enjoy morning coffee overlooking the swimming pool and park and a beautiful sunset. Suitable for anyone who is downsizing or for investment purpose you buy it now while the price is still affordable and the convenience of everything close by no need to own a car. One of the cheapest condo inEtobicoke.Existing equipment on the property as is condition. Buyer to verify measurments

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13441200
Bedrooms
2
Bathrooms
1
Size
700-799
Cross streets
Lakeshore / Brown Line
Parking
1 garage (underground)
Basement
None
Heating
Radiant
A/C
Window Unit(s)
Exterior
Concrete
Maintenance
$674/mo
Exposure
South West
Days on market
34
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Living RoomMain4.26 × 2.74 m

parquet · w/o to balcony

BedroomMain3.38 × 2.89 m
Dining RoomMain4.26 × 2.74 m

parquet · w/o to balcony

BedroomMain2.43 × 4.14 m

laminate · closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$484Kest. value

Listed at $319,000, this home is about 34% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths.

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 $619K
  • Size difference −$65K
  • Bedrooms −$30K
  • Adjusts to $524K

That comparable adjusts to $524K; the $484K estimate above is the median of all 5 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 James S Bell 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. Lake Shore Blvd West at Thirty Seventh St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$319KGreat deal$524KOverpriced

Total price vs nearby homes. Fair value about $484K, median of 5 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.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Long Branch · asking prices
$522kavg asking

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

208-3835 Lake Shore Boulevard$499k707-3563 Lake Shore Boulevard$519k501-3563 Lake Shore Boulevard$549k

The 3 closest active listings nearby.

See all comparable homes
319kThis home499k519k549kThis home vs active comparables
Live market pulseActive comparables in Long Branch · median list $549K
$426this home / sqft
5active listings nearby
34days on market

This home lists 38% below the area average of $683/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

Long Branch, 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

75/ 100

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: Lake Shore Blvd West at Thirty Seventh St, about 147 m away

20+ transit stops1 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.

Mimico
$800K
Waterfront Communities C1
$694K
Waterfront Communities C8
$998K
Annex
$1.39M
Church-Yonge Corridor
$574K

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 James S Bell Junior Middle School
70%
James S Bell Junior Middle SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 70% meet the provincial standard

Affordability & Mortgage

Affordability
$1,454/mo
$78KIncome needed
4.1×Price ÷ income
$336Weekly 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.

62%mortgage
Mortgage $1,454Property tax $199Condo fee $674Total carry $2,327

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,362per month

Mortgage amount $255,200 · 4.14% over 25 years

$63,800Down payment (20.0%)
$255,200Loan before insurance
$0CMHC premium
$2,235Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,362
Property tax
$199
Condo / maintenance fees
$674
Heating
$0
Estimated monthly cost
$2,235

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

One-time closing costs

Ontario land transfer tax
$3,260
Toronto municipal land transfer tax
$3,260
Estimated closing costs
$6,520

Plus your down payment of $63,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$1,654/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

$153,353Total interest paid
$408,553Total of all payments
Principal $255,200 Interest $153,353
YearPrincipalInterestBalance
1$5,978$10,364$249,222
2$6,229$10,114$242,993
3$6,489$9,853$236,504
4$6,760$9,582$229,743
5$7,043$9,299$222,700
6$7,338$9,004$215,362
7$7,645$8,697$207,718
8$7,965$8,378$199,753
9$8,298$8,044$191,455
10$8,645$7,697$182,810
11$9,006$7,336$173,804
12$9,383$6,959$164,421
13$9,776$6,566$154,645
14$10,185$6,158$144,461
15$10,611$5,732$133,850
16$11,054$5,288$122,796
17$11,517$4,825$111,279
18$11,998$4,344$99,281
19$12,500$3,842$86,780
20$13,023$3,319$73,757
21$13,568$2,774$60,189
22$14,135$2,207$46,054
23$14,727$1,615$31,327
24$15,343$999$15,984
25$15,984$358$0

At the end of your 5-year term

Total paid over the term
$81,711
Principal paid down
$32,500
Interest paid
$49,211
Balance remaining
$222,700

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$2,400/mo
$28,800Gross annual rent
4.6%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.

9.0%
Gross yield
− Property tax $2,233− Condo fees $8,088− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,711

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REAL ESTATE CENTRE INC.. MLS®/PropTx.

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