5-2696 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13534720

$1,799/mo
For Lease
Listed 15 days ago
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1Bedrooms
1Bathrooms
1Garage
700-1100Sq Ft

About this home

Professionally Managed 1 Bedroom, 1 Bath Updated Unit Just Minutes From The Lake, With Convenient Streetcar Access Right Outside The Building. Located In A Quiet, Low-Rise Building In Toronto's Mimico Neighborhood, This Unit Features A Functional Design, An Updated Kitchen With Plenty Of Cabinet Storage, Large Windows With Ample Natural Light, And A Spacious Bedroom. Enjoy The Convenience Of On-Site Shared Laundry With Multiple Coin Or Card-Operated Machines, Indoor Bike Storage, And A Peaceful Atmosphere. Pets Not Preferred, And Please Note There Is No Elevator In The Building. **EXTRAS: **Appliances: Fridge & Stove **Utilities: Heat & Water Included, Hydro Extra **Parking: 1 Garage Spot Available $125/Month - Can Only Fit Small To Mid Size Cars

Key facts

Property type
Other, Apartment
MLS®
W13534720
Bedrooms
1
Bathrooms
1
Size
700-1100
Cross streets
Lake Shore Blvd. W. & Royal York Rd.
Parking
1 garage (detached)
Driveway
Available
Basement
None
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Unknown
Sewer
Sewer
Days on market
15
Listing brokerage
LANDLORD REALTY INC.

Rooms

Primary BedroomFlat0.00 × 0.00 m

window · closet · parquet

KitchenFlat0.00 × 0.00 m

eat-in kitchen · window · backsplash

Living RoomFlat3.05 × 3.96 m

window · combined w/dining · parquet

Dining RoomFlat0.00 × 0.00 m

combined w/dining · open concept · parquet

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

The assigned public school is Second Street 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.

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.

  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$2,480avg asking

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

#3-150 Portland Street$1,999304-1 Palace Pier Court$3,05044 Hillside Avenue$2,4003-8 Victoria Street$2,3502405-2230 Lakeshore Boulevard$2,600

The 5 closest of 8 active listings nearby.

See all comparable homes
1,799This home1,9993,0502,4002,3502,600This home vs active comparables
Live market pulseActive comparables in Mimico · median list $3K
53active listings nearby
15days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Kingsway South
$4K
Niagara
$3K
Waterfront Communities C1
$3K
Bay Street Corridor
$2K
Church-Yonge Corridor
$3K

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 Second Street Junior Middle School
69%
Second Street Junior Middle SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$8/mo
$4KIncome needed
0.4×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $8Property tax $1Total carry $9

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8per month

Mortgage amount $1,439 · 4.14% over 25 years

$360Down payment (20.0%)
$1,439Loan before insurance
$0CMHC premium
$9Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9

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
Toronto municipal land transfer tax
$9
Estimated closing costs
$18

Plus your down payment of $360. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9/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

$865Total interest paid
$2,304Total of all payments
Principal $1,439 Interest $865
YearPrincipalInterestBalance
1$34$58$1,405
2$35$57$1,370
3$37$56$1,334
4$38$54$1,296
5$40$52$1,256
6$41$51$1,215
7$43$49$1,171
8$45$47$1,127
9$47$45$1,080
10$49$43$1,031
11$51$41$980
12$53$39$927
13$55$37$872
14$57$35$815
15$60$32$755
16$62$30$693
17$65$27$628
18$68$24$560
19$70$22$489
20$73$19$416
21$77$16$339
22$80$12$260
23$83$9$177
24$87$6$90
25$90$2$0

At the end of your 5-year term

Total paid over the term
$461
Principal paid down
$183
Interest paid
$278
Balance remaining
$1,256

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.

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

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