1210-88 Park Lawn Road, Toronto, ON

Mimico, Toronto · MLS® W13519046

$649,000
For Sale
Listed 20 days ago
2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Bright 2-bed at South Beach Condos! Split layout, floor-to-ceiling windows, modern kitchen, and large balcony with city & lake views. Primary with ensuite. Resort-style amenities: indoor/outdoor pools, gym, spa, concierge. Steps to waterfront, TTC, shops, dining, and quick access to Gardiner.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13519046
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Lake Shore Blvd & Park Lawn Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Concrete
Maintenance
$632/mo
Exposure
North East
Property tax
$2,752 / 2025
Days on market
20
Listing brokerage
Signature Elite Realty Ltd.

Rooms

Bedroom 2Main2.59 × 2.39 m

double closet · sliding doors

BathroomMain2.39 × 1.49 m

4 pc bath · granite counters

BathroomMain2.39 × 1.96 m

3 pc bath · marble floor · marble counter

BedroomMain3.01 × 3.79 m

walk-in closet(s) · sliding doors · 3 pc ensuite

Dining RoomMain3.06 × 1.70 m

combined w/living · hardwood floor · open concept

OtherMain3.10 × 1.80 m

Balcony

KitchenMain1.91 × 4.79 m

breakfast bar · double sink · pot lights

Living RoomMain3.06 × 3.68 m

combined w/dining · hardwood floor · open concept

Our TakeTeam Asgarian · Broker
In line
$674Kest. value

Listed at $649,000, and my independent estimate is right in line with comparable homes.

In Mimico lately, sellers get about 96% of asking; homes sell in ~39 days.

List price
$583KGreat deal$715KOverpriced

Total price vs nearby homes. Fair value about $674K, median of 15 comparables.

How this estimate is builtthe short version

I take the 15 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 $600K, a bit lower.

What the listing highlights1 point to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
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 15 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$683kavg asking

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

2506-251 Manitoba Street$650k2907-2240 Lake Shore Boulevard$678k302-2220 Lake Shore Boulevard$689k3310-2200 Lake Shore Boulevard$696k3107-59 Annie Craig Drive$700k

The 5 closest of 8 active listings nearby.

See all comparable homes
649kThis home650k678k689k696k700kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $619K
$866this home / sqft
54active listings nearby
20days on market
100sold nearby · 90 days
$609Kmedian sold price
96%of asking, on average

This home lists 0% above the area average of $869/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.

Nearby neighbourhoods

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

Niagara
$599K
Waterfront Communities C1
$609K
Bay Street Corridor
$618K
Church-Yonge Corridor
$611K
Moss Park
$975K

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 · 1.3 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$2,958/mo
$135KIncome needed
4.8×Price ÷ income
$683Weekly 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 $2,958Property tax $229Condo fee $632Total carry $3,820

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,771per month

Mortgage amount $519,200 · 4.14% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,632Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,771
Property tax
$229
Condo / maintenance fees
$632
Heating
$0
Estimated monthly cost
$3,632

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,365/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

$311,993Total interest paid
$831,193Total of all payments
Principal $519,200 Interest $311,993
YearPrincipalInterestBalance
1$12,163$21,085$507,037
2$12,672$20,576$494,365
3$13,202$20,046$481,163
4$13,754$19,494$467,409
5$14,329$18,918$453,080
6$14,929$18,319$438,151
7$15,553$17,695$422,598
8$16,204$17,044$406,394
9$16,882$16,366$389,512
10$17,588$15,660$371,925
11$18,323$14,924$353,601
12$19,090$14,158$334,512
13$19,888$13,359$314,623
14$20,720$12,528$293,903
15$21,587$11,661$272,316
16$22,490$10,758$249,826
17$23,431$9,817$226,396
18$24,411$8,837$201,985
19$25,432$7,816$176,553
20$26,495$6,752$150,058
21$27,604$5,644$122,454
22$28,758$4,489$93,696
23$29,961$3,286$63,735
24$31,214$2,033$32,520
25$32,520$728$0

At the end of your 5-year term

Total paid over the term
$166,239
Principal paid down
$66,120
Interest paid
$100,118
Balance remaining
$453,080

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$2,400/mo
$28,800Gross annual rent
2.3%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 $2,752− Condo fees $7,587− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,693

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Signature Elite Realty Ltd.. MLS®/PropTx.

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