3201-2269 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13453948

$1,588,000
For Sale
Listed 37 days ago
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2Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft

About this home

Experience sophisticated waterfront living at the award-winning Marina Del Rey. This exceptional penthouse-level residence offers spectacular sunset views, 1366 sq. ft. of elegant interior living space, and an impressive 490 sq. ft. wraparound balcony with five walk-outs, seamlessly blending indoor and outdoor living. Situated on the exclusive penthouse level with only four suites per floor, this residence offers exceptional privacy and tranquility. The spacious open-concept living and dining area features an elegant fireplace, custom built-ins, automated blinds, and wall-to-wall windows that flood the home with natural light. The renovated kitchen is beautifully appointed with granite countertops, marble and limestone flooring. The generous primary suite serves as a luxurious private retreat, offering a spacious 4-piece ensuite, extensive custom built-ins, and multiple closets. The versatile second bedroom is ideal as a guest suite, den, or home office and is conveniently located adjacent to a newly renovated second bathroom. The popcorn ceilings have been removed throughout, creating a sleek, contemporary flat-ceiling finish. Enjoy true resort-style living with exclusive access to the 34th Floor of Phase III and the renowned Malibu Club, featuring an indoor pool, fitness center, tennis and squash courts, saunas, billiards, library, party room, rooftop terrace, and more. Maintenance fees include all utilities, basic cable, and internet. The suite comes with two separate side-by side parking spaces. This premier waterfront address is steps from marinas, the Martin Goodman Trail, waterfront parks, cafés, and restaurants, and just minutes from downtown Toronto. A rare opportunity to enjoy luxury waterfront living with unparalleled amenities, breathtaking views, and exceptional convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13453948
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Park Lawn & Lake Shore Blvd W
Parking
2 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Poured Concrete
Maintenance
$1,355/mo
Exposure
North West
Property tax
$4,642 / 2026
Days on market
37
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Dining RoomMain7.94 × 5.53 m

open concept · combined w/living · w/o to balcony

Primary BedroomMain3.98 × 3.89 m

4 pc ensuite · his and hers closets · w/o to balcony

FoyerMain2.10 × 1.76 m

tile floor · double closet

LaundryMain1.65 × 1.49 m

Tile Floor

Living RoomMain7.94 × 5.53 m

fireplace · hardwood floor · w/o to balcony

Bedroom 2Main4.44 × 3.05 m

double closet · w/o to balcony · overlook water

KitchenMain3.30 × 3.12 m

tile floor · granite counters · w/o to balcony

Our TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.13Mavg asking

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

1307-2267 Lake Shore Boulevard$1.40M1407-2045 Lake Shore Boulevard$1.35M1603-2111 Lake Shore Boulevard$989k203-36 Park Lawn Road$799k

The 4 closest active listings nearby.

See all comparable homes
1.59MThis home1.40M1.35M989k799kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $949K
$1,222this home / sqft
28active listings nearby
37days on market
100sold nearby · 90 days
$607Kmedian sold price
96%of asking, on average

This home lists 40% above the area average of $871/sqft.

36 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.

Nearby neighbourhoods

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

Islington-City Centre West
$559K
Church-Yonge Corridor
$583K
Moss Park
$1.02M
Waterfront Communities C1
$647K
Waterfront Communities C8
$621K

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
$7,238/mo
$315KIncome needed
5.0×Price ÷ income
$1,670Weekly 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.

81%mortgage
Mortgage $7,238Property tax $387Condo fee $1,355Total carry $8,979

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,779per month

Mortgage amount $1,270,400 · 4.14% over 25 years

$317,600Down payment (20.0%)
$1,270,400Loan before insurance
$0CMHC premium
$8,521Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,779
Property tax
$387
Condo / maintenance fees
$1,355
Heating
$0
Estimated monthly cost
$8,521

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

One-time closing costs

Ontario land transfer tax
$28,235
Toronto municipal land transfer tax
$28,235
Estimated closing costs
$56,470

Plus your down payment of $317,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,234/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

$763,398Total interest paid
$2,033,798Total of all payments
Principal $1,270,400 Interest $763,398
YearPrincipalInterestBalance
1$29,761$51,591$1,240,639
2$31,006$50,346$1,209,633
3$32,303$49,049$1,177,330
4$33,654$47,698$1,143,676
5$35,062$46,290$1,108,614
6$36,528$44,824$1,072,086
7$38,056$43,296$1,034,030
8$39,648$41,704$994,382
9$41,307$40,045$953,075
10$43,034$38,318$910,041
11$44,834$36,518$865,206
12$46,710$34,642$818,497
13$48,664$32,688$769,833
14$50,699$30,653$719,134
15$52,820$28,532$666,314
16$55,029$26,323$611,285
17$57,331$24,021$553,954
18$59,729$21,623$494,225
19$62,227$19,125$431,998
20$64,830$16,522$367,168
21$67,542$13,810$299,626
22$70,367$10,985$229,259
23$73,310$8,041$155,949
24$76,377$4,975$79,572
25$79,572$1,780$0

At the end of your 5-year term

Total paid over the term
$406,760
Principal paid down
$161,786
Interest paid
$244,974
Balance remaining
$1,108,614

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$4,100/mo
$49,200Gross annual rent
1.4%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.

3.1%
Gross yield
− Property tax $4,642− Condo fees $16,257− Insurance $600− Vacancy & upkeep $5,412Net operating income $22,289

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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