2401-36 Park Lawn Road, Toronto, ON

Mimico, Toronto · MLS® W13458854

$559,800
For Sale
Listed 30 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to Key West Condos right by Humber Bay Park. This stunning 1 bed + Den is situated walking distance to the waterfront and some of the best trails in Etobicoke. This unit is approximately 600 Sq Ft. Plus an open balcony area to overlook breathtaking views. 1 U/G parking and locker. Great location, just minutes from restaurants, cafes and shops. Just 15 minute drive to Downtown Toronto. Live in a community that has entertainment and activities like downtown Toronto but with suburb feel. Amenities: Billiards, party room, outdoor lounge and BBQ, indoor lounge area, library, kids room and guest suites.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13458854
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Parklawn and Lakeshore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$522/mo
Exposure
South
Property tax
$2,617 / 2025
Days on market
30
Listing brokerage
STONECASTLE REALTY GROUP INC.

Rooms

Living RoomMain3.32 × 2.70 m

w/o to balcony · south view · laminate

DenFlat2.42 × 2.03 m

open concept · laminate

BedroomMain2.98 × 3.79 m

closet · large window · laminate

KitchenMain3.54 × 3.67 m

modern kitchen · combined w/living · laminate

Moe’s TakeTeam Asgarian · Broker
In line
$573Kest. value

Listed at $559,800, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 23 similar homes nearby, adjusted for size, beds, and baths.Median of 23 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $550K, 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 $690K
  • Adjusts to $690K

That comparable adjusts to $690K; the $573K estimate above is the median of all 23 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 very walkable address with everyday errands close by. 88 Park Lawn Rd is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$519KGreat deal$615KOverpriced

Total price vs nearby homes. Fair value about $573K, median of 23 comparables.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$538kavg asking

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

1601-15 Legion Road$548k3204-56 Annie Craig Drive$588k5201-30 Shore Breeze Drive$520k512-2212 Lake Shore Boulevard$519k2133-165 Legion Road$515k

The 5 closest of 8 active listings nearby.

See all comparable homes
560kThis home548k588k520k519k515kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $588K
$862this home / sqft
50active listings nearby
30days on market

This home lists 2% below the area average of $878/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: 88 Park Lawn Rd, about 95 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
$688K
Annex
$1.39M
Waterfront Communities C8
$998K
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 Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 1.4 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$2,551/mo
$117KIncome needed
4.8×Price ÷ income
$589Weekly 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.

78%mortgage
Mortgage $2,551Property tax $218Condo fee $522Total carry $3,292

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)
$2,390per month

Mortgage amount $447,840 · 4.14% over 25 years

$111,960Down payment (20.0%)
$447,840Loan before insurance
$0CMHC premium
$3,130Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,390
Property tax
$218
Condo / maintenance fees
$522
Heating
$0
Estimated monthly cost
$3,130

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

One-time closing costs

Ontario land transfer tax
$7,671
Toronto municipal land transfer tax
$7,671
Estimated closing costs
$15,342

Plus your down payment of $111,960. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,903/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

$269,112Total interest paid
$716,952Total of all payments
Principal $447,840 Interest $269,112
YearPrincipalInterestBalance
1$10,491$18,187$437,349
2$10,930$17,748$426,418
3$11,387$17,291$415,031
4$11,864$16,814$403,167
5$12,360$16,318$390,807
6$12,877$15,801$377,931
7$13,416$15,263$364,515
8$13,977$14,701$350,538
9$14,561$14,117$335,977
10$15,170$13,508$320,807
11$15,805$12,873$305,002
12$16,466$12,212$288,536
13$17,155$11,523$271,381
14$17,872$10,806$253,508
15$18,620$10,058$234,888
16$19,399$9,279$215,490
17$20,210$8,468$195,279
18$21,056$7,623$174,224
19$21,936$6,742$152,288
20$22,854$5,824$129,434
21$23,810$4,868$105,624
22$24,806$3,872$80,818
23$25,843$2,835$54,975
24$26,924$1,754$28,051
25$28,051$628$0

At the end of your 5-year term

Total paid over the term
$143,390
Principal paid down
$57,033
Interest paid
$86,358
Balance remaining
$390,807

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$2,050/mo
$24,600Gross 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.

4.4%
Gross yield
− Property tax $2,617− Condo fees $6,267− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,410

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

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