908-2240 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13493674

$668,000
For Sale
Listed 28 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome to Beyond the Sea Condominiums and this sun-filled one bedroom plus den condo suite with unobstructed views of Lake Ontario, Humber Bay Park, and the downtown Toronto skyline. From the moment you open the door, the lake view is immediately visible and continues throughout the suite, creating a bright and open feel. The suite features floor-to-ceiling windows, a private balcony that spans the width of the unit, a well-designed kitchen with granite countertops and a breakfast bar, hardwood floors throughout the kitchen and living area, and a spacious primary bedroom with a walk-in closet and sliding door walkout to the balcony. The suite has been freshly painted and is now ready for immediate occupancy. Beyond the Sea offers excellent amenities, including a rooftop BBQ and lounge area, indoor swimming pool, sauna, fitness room, party room, billiards room, theatre room, and more. Conveniently located in the Lake Shore Blvd. West and Park Lawn Road area of Toronto, within walking distance of Metro, Starbucks, LCBO, Lake Ontario, waterfront trails, Humber Bay Park, shops, restaurants, and everyday conveniences. Close to Mimico GO Station, steps to TTC streetcar, and with quick access to the Gardiner Expressway, getting downtown or out of the city is easy.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13493674
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Lake Shore Blvd. West and Park Lawn Road
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$714/mo
Exposure
South
Property tax
$2,586 / 2026
Days on market
28
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

Living RoomFlat4.90 × 3.74 m

hardwood floor · combined w/dining · irregular room

KitchenFlat3.30 × 3.20 m

hardwood floor · breakfast bar · irregular room

Primary BedroomFlat3.50 × 3.20 m

walk-in closet(s) · w/o to balcony · irregular room

Dining RoomFlat0.00 × 0.00 m

hardwood floor · combined w/living · w/o to balcony

DenFlat1.80 × 1.70 m

hardwood floor · open concept

Our TakeTeam Asgarian · Broker
Above comparables
$635Kest. value

Listed at $668,000, and my independent estimate is about 5% above what comparable homes suggest.

In Mimico lately, sellers get about 96% of asking; homes sell in ~41 days.

List price
$497KGreat deal$668KOverpriced

Total price vs nearby homes. Fair value about $635K, median of 5 comparables.

How this estimate is builtthe short version

I take the 5 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 $607K, a close match.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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 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.

Based on 5 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$573kavg asking

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

1208-2240 Lakeshore Boulevard$690k3204-56 Annie Craig Drive$588k1601-15 Legion Road$548k5201-30 Shore Breeze Drive$520k512-2212 Lake Shore Boulevard$519k

The 5 closest of 8 active listings nearby.

See all comparable homes
668kThis home690k588k548k520k519kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $590K
$1,028this home / sqft
49active listings nearby
28days on market
100sold nearby · 90 days
$609Kmedian sold price
96%of asking, on average

This home lists 17% above the area average of $879/sqft.

27 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.

Niagara
$615K
Waterfront Communities C1
$593K
Bay Street Corridor
$556K
Church-Yonge Corridor
$599K
Annex
$798K

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
$3,045/mo
$139KIncome needed
4.8×Price ÷ income
$703Weekly 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.

77%mortgage
Mortgage $3,045Property tax $215Condo fee $714Total carry $3,974

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,852per month

Mortgage amount $534,400 · 4.14% over 25 years

$133,600Down payment (20.0%)
$534,400Loan before insurance
$0CMHC premium
$3,781Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,852
Property tax
$216
Condo / maintenance fees
$714
Heating
$0
Estimated monthly cost
$3,781

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

One-time closing costs

Ontario land transfer tax
$9,835
Toronto municipal land transfer tax
$9,835
Estimated closing costs
$19,670

Plus your down payment of $133,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,464/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

$321,127Total interest paid
$855,527Total of all payments
Principal $534,400 Interest $321,127
YearPrincipalInterestBalance
1$12,519$21,702$521,881
2$13,043$21,178$508,838
3$13,588$20,633$495,250
4$14,157$20,064$481,093
5$14,749$19,472$466,344
6$15,366$18,855$450,978
7$16,009$18,213$434,970
8$16,678$17,543$418,291
9$17,376$16,845$400,916
10$18,103$16,118$382,813
11$18,860$15,361$363,953
12$19,649$14,572$344,305
13$20,471$13,751$323,834
14$21,327$12,894$302,507
15$22,219$12,002$280,288
16$23,148$11,073$257,140
17$24,117$10,105$233,024
18$25,125$9,096$207,898
19$26,176$8,045$181,722
20$27,271$6,950$154,451
21$28,412$5,809$126,039
22$29,600$4,621$96,439
23$30,838$3,383$65,601
24$32,128$2,093$33,472
25$33,472$749$0

At the end of your 5-year term

Total paid over the term
$171,105
Principal paid down
$68,056
Interest paid
$103,049
Balance remaining
$466,344

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
1.5%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.

3.7%
Gross yield
− Property tax $2,586− Condo fees $8,572− Insurance $600− Vacancy & upkeep $2,706Net operating income $10,136

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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