3302-2240 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13450442

$655,000
For Sale
Listed 31 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Located in Beyond The Sea South Tower, this bright and spacious 2 bedroom, 2 bathroom suite sits high on the 33rd floor with only 5 units on the level, offering a more exclusive feel and fewer neighbours. Enjoy stunning west-facing sunset views, open skyline views, partial lake views, and incredible privacy from this rare high-floor suite. Functional split bedroom layout with 9 ft ceilings, engineered hardwood floors, and floor-to-ceiling windows that fill the space with natural light. Modern kitchen with granite counters, stainless steel appliances, a brand new top-of-the-line stove, and brand new washer and dryer. Spacious primary bedroom with oversized ensuite shower. Includes 1 parking and 1 locker. Exceptional amenities include an indoor pool, gym, sauna, library, wine tasting room, kids' play room, private dog park, party rooms, and outdoor patio space. Large dogs over 30 pounds are allowed, which is rare in Humber Bay Shores. The TTC streetcar stop is right outside the building for easy city access. Humber Bay Shores is one of the best neighbourhoods in Etobicoke, with vibrant restaurants, scenic waterfront trails, seasonal farmers markets, and the future Park Lawn GO station on its way. You'll fall in love with this neighbourhood and living at Beyond the Sea, I promise!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13450442
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Lake Shore Blvd W/Park Lawn Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$825/mo
Exposure
West
Property tax
$2,866 / 2025
Days on market
31
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Bedroom 2Main2.99 × 2.95 m

west view · closet · broadloom

Living RoomMain3.76 × 11.20 m

west view · combined w/dining · open concept

Dining RoomMain1.98 × 3.37 m

west view · combined w/living · open concept

Primary BedroomMain3.12 × 4.01 m

west view · 3 pc bath · walk-in closet(s)

Moe’s TakeTeam Asgarian · Broker
In line
$650Kest. value

Listed at $655,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 29 similar homes nearby, adjusted for size, beds, and baths.Median of 29 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $602K, 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 $696K
  • Adjusts to $696K

That comparable adjusts to $696K; the $650K estimate above is the median of all 29 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. Lake Shore Blvd West at Legion Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$617KGreat deal$715KOverpriced

Total price vs nearby homes. Fair value about $650K, median of 29 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.
  • Primary suite: a key comfort and resale feature.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$672kavg asking

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

2506-251 Manitoba Street$650k1210-88 Park Lawn Road$649k2907-2240 Lake Shore Boulevard$678k302-2220 Lake Shore Boulevard$689k3310-2200 Lakeshore Boulevard$696k

The 5 closest of 8 active listings nearby.

See all comparable homes
655kThis home650k649k678k689k696kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $619K
$874this home / sqft
60active listings nearby
31days on market

This home lists 1% above the area average of $864/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

83/ 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 Legion Rd, about 83 m away

20+ transit stops6 grocery20+ dining20+ parks13 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.

Waterfront Communities C1
$694K
Waterfront Communities C8
$998K
Annex
$1.39M
Church-Yonge Corridor
$574K
Banbury-Don Mills
$500K

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 · 0.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$2,985/mo
$140KIncome needed
4.7×Price ÷ income
$689Weekly 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.

74%mortgage
Mortgage $2,985Property tax $239Condo fee $825Total carry $4,049

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)
$2,796per month

Mortgage amount $524,000 · 4.14% over 25 years

$131,000Down payment (20.0%)
$524,000Loan before insurance
$0CMHC premium
$3,860Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,796
Property tax
$239
Condo / maintenance fees
$825
Heating
$0
Estimated monthly cost
$3,860

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

One-time closing costs

Ontario land transfer tax
$9,575
Toronto municipal land transfer tax
$9,575
Estimated closing costs
$19,150

Plus your down payment of $131,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,396/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

$314,878Total interest paid
$838,878Total of all payments
Principal $524,000 Interest $314,878
YearPrincipalInterestBalance
1$12,276$21,280$511,724
2$12,789$20,766$498,936
3$13,324$20,231$485,612
4$13,881$19,674$471,730
5$14,462$19,093$457,268
6$15,067$18,488$442,202
7$15,697$17,858$426,505
8$16,354$17,202$410,151
9$17,038$16,517$393,113
10$17,750$15,805$375,363
11$18,493$15,062$356,870
12$19,266$14,289$337,604
13$20,072$13,483$317,532
14$20,912$12,643$296,620
15$21,786$11,769$274,834
16$22,698$10,857$252,136
17$23,647$9,908$228,489
18$24,636$8,919$203,852
19$25,667$7,888$178,186
20$26,740$6,815$151,445
21$27,859$5,696$123,586
22$29,024$4,531$94,562
23$30,238$3,317$64,324
24$31,503$2,052$32,821
25$32,821$734$0

At the end of your 5-year term

Total paid over the term
$167,776
Principal paid down
$66,732
Interest paid
$101,044
Balance remaining
$457,268

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
1.9%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.

4.4%
Gross yield
− Property tax $2,866− Condo fees $9,896− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,270

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

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