301-36 Park Lawn Road, Toronto, ON
Mimico, Toronto · MLS® W13465616
About this home
Welcome to Key West Condos in prime Mimico/Humber Bay Shores. This sun-filled 1-bedroom plus den suite with parking and locker offers exceptional value and a highly functional layout, with a fully enclosed den featuring sliding doors and a closet which truly functions as a true 2 bedroom home! Designed with comfort and style in mind, the open-concept living space is complemented by soaring ceilings, upgraded finishes, and large windows that fill the unit with natural light. The spacious layout extends to a generously sized balcony, providing the perfect place to unwind or entertain.With nearly 600 sq. ft. of thoughtfully designed interior space, this freshly painted, move-in-ready condo maximizes every square foot, making it an excellent opportunity for first-time buyers, professionals, downsizers, or investors. The standout feature is the fully enclosed den with sliding doors and its own closet, making it ideal as a second bedroom, guest room, nursery, or private home office. Enjoy the best of both worlds with the charm and community feel of Mimico while being just minutes from downtown Toronto. Ideally situated close to the waterfront, scenic trails, parks, restaurants, cafés, shopping, schools, community centres, and public transit, this prime location also offers quick access to the Gardiner Expressway and major highways, making commuting across the GTA or to Pearson Airport effortless.Residents enjoy an impressive selection of amenities, including a party room, billiards room, media room and library, indoor lounge, outdoor terrace with BBQs, guest suites, and a children's playroom.Complete with one underground parking space and one storage locker, along with access to premium building amenities, this exceptional condo delivers the perfect combination of location, functionality, and lifestyle. Whether you're looking for your first home or your next investment, this is an opportunity you won't want to miss. **Listing Contains Virtually Staged Photos**
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13465616
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Park Lawn Rd and Lakeshore Blvd W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $522/mo
- Exposure
- South East
- Property tax
- $2,519 / 2025
- Days on market
- 34
- Listing brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Rooms
closet · separate room · laminate
combined w/dining · w/o to balcony · laminate
combined w/living · open concept · laminate
stainless steel appl · open concept · modern kitchen
closet · large closet · laminate
Listed at $499,990, and my independent estimate is right in line with comparable homes.
In Mimico lately, sellers get about 96% of asking; homes sell in ~40 days.
Total price vs nearby homes. Fair value about $477K, median of 44 comparables.
How this estimate is builtthe short version
I take the 44 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $509K, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
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.
Based on 44 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 3% above the area average of $881/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.
Mortgage amount $399,992 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,135
- Property tax
- $210
- Condo / maintenance fees
- $522
- Heating
- $0
- Estimated monthly cost
- $2,866
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,475
- Toronto municipal land transfer tax
- $6,475
- Estimated closing costs
- $12,950
Plus your down payment of $99,998. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $128,070
- Principal paid down
- $50,939
- Interest paid
- $77,131
- Balance remaining
- $349,053
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.. MLS®/PropTx.