3205-1928 Lake Shore Boulevard, Toronto, ON

High Park-Swansea, Toronto · MLS® W13529062

$624,900
For Sale
Listed 11 days ago
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3Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Power of Sale! Opportunity to own this bright and modern 2-bedroom, 2-bath suite in sought-after Mirabella Luxury Condos. Offering approximately 772 sq. ft. with a functional layout, floor-to-ceiling windows, and a private balcony. Includes 1 parking space. Enjoy excellent building amenities including a 24-hour concierge, indoor pool, fitness centre, yoga studio, party room, rooftop terrace, guest suites, and more. Ideally located across from the waterfront, steps to High Park, Sunnyside Beach, the Martin Goodman Trail, TTC, shopping, restaurants, and cafés, with easy access to downtown, the Gardiner Expressway, QEW, Highway 427, and Pearson Airport.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13529062
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
700-799
Cross streets
Lake Shore / Windemere
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Aluminum Siding, Other
Maintenance
$612/mo
Exposure
East
Property tax
$3,989 / 2025
Days on market
11
Listing brokerage
PROPERTY.CA INC.
Moe’s TakeTeam Asgarian · Broker
In line
$620Kest. value

Listed at $624,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 19 similar homes nearby, adjusted for size, beds, and baths.Median of 19 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $857K, higher than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $569K
  • Bedrooms +$30K
  • Bathrooms +$15K
  • Adjusts to $614K

That comparable adjusts to $614K; the $620K estimate above is the median of all 19 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Ellis Ave at Lake Shore Blvd West is about a 2-minute walk away.

List price
$585KGreat deal$682KOverpriced

Total price vs nearby homes. Fair value about $620K, median of 19 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$682kavg asking

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

2506-1928 lakeshore Boulevard$719kPh03-1928 Lake Shore Boulevard$759k208-20 Southport Street$569k

The 3 closest active listings nearby.

See all comparable homes
625kThis home719k759k569kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $609K
$834this home / sqft
28active listings nearby
11days on market

This home lists 7% above the area average of $779/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

High Park-Swansea, 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.

Getting around

59/ 100

WalkableA 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 Google.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Ellis Ave at Lake Shore Blvd West, about 192 m away

20+ transit stops2 grocery20+ dining20+ parks5 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Mimico
$800K
Islington-City Centre West
$528K
Waterfront Communities C1
$672K
Annex
$1.57M
Church-Yonge Corridor
$573K

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 Humberside Collegiate Institute
88%
Humberside Collegiate InstitutePublic · Secondary · 2.7 km awayHigher-rated than most nearby · 88% meet the provincial standard
Dr Rita Cox - Kina Minagok Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$2,848/mo
$135KIncome needed
4.6×Price ÷ income
$657Weekly 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.

75%mortgage
Mortgage $2,848Property tax $332Condo fee $612Total carry $3,793

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,668per month

Mortgage amount $499,920 · 4.14% over 25 years

$124,980Down payment (20.0%)
$499,920Loan before insurance
$0CMHC premium
$3,612Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,668
Property tax
$332
Condo / maintenance fees
$612
Heating
$0
Estimated monthly cost
$3,612

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

One-time closing costs

Ontario land transfer tax
$8,973
Toronto municipal land transfer tax
$8,973
Estimated closing costs
$17,946

Plus your down payment of $124,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,240/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

$300,408Total interest paid
$800,328Total of all payments
Principal $499,920 Interest $300,408
YearPrincipalInterestBalance
1$11,711$20,302$488,209
2$12,201$19,812$476,007
3$12,712$19,301$463,296
4$13,243$18,770$450,052
5$13,797$18,216$436,255
6$14,374$17,639$421,881
7$14,976$17,037$406,905
8$15,602$16,411$391,303
9$16,255$15,758$375,048
10$16,935$15,079$358,114
11$17,643$14,370$340,471
12$18,381$13,632$322,090
13$19,150$12,863$302,940
14$19,951$12,062$282,989
15$20,785$11,228$262,204
16$21,655$10,358$240,549
17$22,560$9,453$217,989
18$23,504$8,509$194,485
19$24,487$7,526$169,997
20$25,512$6,502$144,486
21$26,579$5,434$117,907
22$27,690$4,323$90,217
23$28,849$3,164$61,368
24$30,055$1,958$31,313
25$31,313$701$0

At the end of your 5-year term

Total paid over the term
$160,066
Principal paid down
$63,665
Interest paid
$96,401
Balance remaining
$436,255

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
2.2%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.

4.6%
Gross yield
− Property tax $3,989− Condo fees $7,349− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,694

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

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