2907-2240 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13507014
About this home
REMARKABLE CITY SKYLINE & WATERFRONT VIEWS From This Beautiful 2 Bed & 2 Bath 'Beyond The Sea' Condo! Perched high above the city, this bright and inviting unit offers an exceptional blend of comfort, convenience and lakeside living, complemented by an oversized private balcony overlooking the waterfront. The thoughtfully designed layout features an open-concept living and dining area filled with natural light, creating a seamless space for everyday living and entertaining. The modern kitchen is enhanced with stainless steel appliances, granite countertops, custom backsplash and ceramic floors, combining style and functionality. Hardwood flooring extends throughout the principal living areas, adding warmth and elegance to the home. The spacious primary bedroom offers a private ensuite bath and ample closet space, while the second bedroom provides flexibility for guests, family members or a home office. A second full bathroom adds everyday convenience. One underground parking space and one locker are included. Beyond the suite, residents enjoy access to an impressive collection of premium amenities designed to elevate everyday living. The Beyond The Sea condominium offers a welcoming lobby, concierge, indoor pool, sauna, fitness centre, library, party rooms, private park and outdoor patio spaces. Situated along Toronto's vibrant waterfront, enjoy nearby scenic walking and cycling trails, waterfront parks, marinas and endless outdoor recreation. The surrounding Humber Bay Shores neighbourhood is known for its picturesque lakefront setting, modern amenities and lively atmosphere. Minutes to cafés, restaurants, grocery stores, shopping and everyday conveniences. Easy commute to downtown Toronto, with access to public transit, the Gardiner Expressway and major routes. This exceptional unit presents an outstanding opportunity to experience one of Toronto's most sought-after waterfront lifestyles!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13507014
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700-799
- Cross streets
- Lake Shore Blvd W / Park Lawn Rd
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $800/mo
- Exposure
- South
- Property tax
- $2,798 / 2025
- Days on market
- 23
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
stainless steel appl · backsplash · breakfast bar
3 pc ensuite · large closet · w/o to balcony
open concept · window floor to ceiling · w/o to balcony
open concept · combined w/living
window floor to ceiling · large closet
Listed at $678,000, 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 $697K, 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 $657K, 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
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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.
On location, this is a very walkable address with everyday errands close by. Legion Road is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Based on 5 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 4% above the area average of $871/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.
Getting around
Walker's ParadiseA 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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Legion Road, about 41 m away
Within a 15-minute (1.5 km) walk.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $542,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,894
- Property tax
- $233
- Condo / maintenance fees
- $800
- Heating
- $0
- Estimated monthly cost
- $3,928
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,035
- Toronto municipal land transfer tax
- $10,035
- Estimated closing costs
- $20,070
Plus your down payment of $135,600. 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
- $173,667
- Principal paid down
- $69,075
- Interest paid
- $104,592
- Balance remaining
- $473,325
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 RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.