2907-88 Park Lawn Road, Toronto, ON

Mimico, Toronto · MLS® W13521290

$1,625,000
For Sale
Listed 19 days ago
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4Bedrooms
3Bathrooms
2Garage
1800-1999Sq Ft

About this home

Award winning master planned community "South Beach Condos & Lofts" by Amexon. Close proximity to downtown, waterfront and public transportation. Vacation type living at its fullest with over 40,000 sq ft of resort lifestyle amenities. High end art deco retail gateway at entrance. Two parking spots included (side by side) with your own private garage (EV charging). Rarely offered Penthouse suite, large 3bd+den, 3 bathroom corner unit with soaring 10' ceilings. Fully upgraded unit with thousands spent..Wrap around terrace and private balcony with walk out from the primary bedroom. Wrap around floor to ceiling windows with spectacular panoramic views. Luxuries finishes, European appliances, Pot lights, marble kitchen and bathrooms, panelled fridge and dishwasher (double door fridge/freezer), spa like bathrooms. Separate laundry room with ample storage. Double sink, jacuzzi tub and heated floors in primary ensuite. Jack and Jill bathroom with double sink connected to 2nd and 3rd bedroom. Custom Closet organizers throughout. One locker included. A must see!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13521290
Bedrooms
4 (3 + 1)
Bathrooms
3 (1 half)
Size
1800-1999
Cross streets
Lake Shore BLVD W / Park Lawn Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Aluminum Siding
Maintenance
$1,624/mo
Exposure
South East
Property tax
$7,413 / 2026
Days on market
19
Listing brokerage
CONDOS AND CASTLES REALTY INC.

Rooms

KitchenMain3.05 × 4.88 m

centre island · double sink · pot lights

OtherMain0.00 × 0.00 m

separate room · combined w/laundry

Powder RoomMain0.00 × 0.00 m

2 pc bath · marble floor

Bedroom 2Main3.35 × 3.40 m

large window · walk-in closet(s) · 5 pc ensuite

BedroomMain4.97 × 6.20 m

5 pc ensuite · w/o to terrace · walk-in closet(s)

BathroomMain0.00 × 0.00 m

5 pc ensuite · double sink · marble floor

Living RoomMain8.18 × 3.35 m

Open Concept

Bedroom 3Main2.95 × 2.84 m

walk-in closet(s) · glass doors · 5 pc ensuite

Dining RoomMain3.17 × 3.28 m

Open Concept

BathroomMain0.00 × 0.00 m

5 pc ensuite · double sink · marble floor

DenMain2.08 × 3.35 m

Glass Doors

Our TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

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.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.66Mavg asking

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

PH-3103-90 Park Lawn$1.73M2302-80 Marine Parade Drive$1.60MPH102-38 Annie Craig Drive$2.20MLPH2906-88 Park Lawn Road$1.10M

The 4 closest active listings nearby.

See all comparable homes
1.63MThis home1.73M1.60M2.20M1.10MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $1000K
$855this home / sqft
24active listings nearby
19days on market
100sold nearby · 90 days
$650Kmedian sold price
97%of asking, on average

This home lists 4% below the area average of $889/sqft.

18 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
$572K
Waterfront Communities C1
$604K
Bay Street Corridor
$560K
Church-Yonge Corridor
$587K
Moss Park
$490K

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
$7,406/mo
$335KIncome needed
4.8×Price ÷ income
$1,709Weekly 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 $7,406Property tax $618Condo fee $1,624Total carry $9,648

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$6,937per month

Mortgage amount $1,300,000 · 4.14% over 25 years

$325,000Down payment (20.0%)
$1,300,000Loan before insurance
$0CMHC premium
$9,179Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,937
Property tax
$618
Condo / maintenance fees
$1,624
Heating
$0
Estimated monthly cost
$9,179

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

One-time closing costs

Ontario land transfer tax
$28,975
Toronto municipal land transfer tax
$28,975
Estimated closing costs
$57,950

Plus your down payment of $325,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,426/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

$781,185Total interest paid
$2,081,185Total of all payments
Principal $1,300,000 Interest $781,185
YearPrincipalInterestBalance
1$30,455$52,793$1,269,545
2$31,728$51,519$1,237,817
3$33,056$50,192$1,204,762
4$34,438$48,809$1,170,323
5$35,879$47,369$1,134,445
6$37,379$45,868$1,097,065
7$38,943$44,304$1,058,122
8$40,572$42,675$1,017,550
9$42,269$40,978$975,281
10$44,037$39,210$931,244
11$45,879$37,368$885,365
12$47,798$35,449$837,567
13$49,797$33,450$787,770
14$51,880$31,367$735,890
15$54,050$29,197$681,839
16$56,311$26,936$625,528
17$58,667$24,581$566,861
18$61,121$22,127$505,741
19$63,677$19,570$442,064
20$66,341$16,907$375,723
21$69,116$14,132$306,607
22$72,007$11,241$234,601
23$75,019$8,229$159,582
24$78,156$5,091$81,426
25$81,426$1,822$0

At the end of your 5-year term

Total paid over the term
$416,237
Principal paid down
$165,555
Interest paid
$250,682
Balance remaining
$1,134,445

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$6,100/mo
$73,200Gross 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.

4.5%
Gross yield
− Property tax $7,413− Condo fees $19,494− Insurance $600− Vacancy & upkeep $8,052Net operating income $37,642

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

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