615-2212 Lakeshore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13543216

$775,000
For Sale
Listed 9 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Bright, south-facing corner unit with panoramic views of the park, trees, and across to Lake Ontario. One of largest 2bed floor-plan at 967 square feet. Two bedrooms plus a big den you can use as an office or a third bedroom. Two large balconies with clear Lake views, custom drapery throughout, and just a terrace above the living area so it stays quiet. The building offers incredible amenities such as full-sized gym, indoor pool, squash court, a games room with ping pong & billiards, party rooms, and an open BBQ terrace. A vibrant community with Metro, Shoppers, LCBO, Restaurants, Cafes, and more right under and around the building. Convenient direct underground parking access straight into Metro for easy shopping, in any weather. Multiple transit connectivity options such Streetcar and GO close by. Take a walk across into Humber Bay Park, Sailing Club, Marina and more. Follow the beautiful lake trail, leading to the beach at Lake Ontario. Large corner suites, at prime locations like this, do not come up often. Make your move now! (Note: Photos are from when tenants moved in)

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13543216
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
Lakeshore & Park Lawn
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$864/mo
Exposure
South
Property tax
$3,491 / 2026
Days on market
9
Listing brokerage
RE/MAX EXPERTS

Rooms

Bedroom 2Flat0.00 × 0.00 m

laminate · closet

Primary BedroomFlat3.47 × 3.22 m

laminate · double closet · 3 pc ensuite

Dining RoomFlat1.74 × 3.47 m

laminate · combined w/living

KitchenFlat2.12 × 3.86 m

laminate · b/i appliances · centre island

DenFlat0.00 × 0.00 m

laminate · walk-out

Living RoomFlat4.17 × 2.52 m

laminate · walk-out · south view

Moe’s TakeTeam Asgarian · Broker
In line
$823Kest. value

Listed at $775,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 12 similar homes nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $769K, a close match.

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 $675K
  • Adjusts to $675K

That comparable adjusts to $675K; the $823K estimate above is the median of all 12 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.

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.

On location, this is a very walkable address with everyday errands close by. Lake Shore Blvd West at Park Lawn Rd West Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$750KGreat deal$885KOverpriced

Total price vs nearby homes. Fair value about $823K, median of 12 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.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Mimico · asking prices
$798kavg asking

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

2409-10 Park Lawn Road$749k608-185 Legion Road$675k1809-2200 Lake Shore Boulevard$830k334-30 Shore Breeze Drive$885k231-30 Shore Breeze Drive$849k

The 5 closest of 8 active listings nearby.

See all comparable homes
775kThis home749k675k830k885k849kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $799K
$816this home / sqft
44active listings nearby
9days on market

This home lists 5% below the area average of $859/sqft.

8 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.

Getting around

84/ 100

Very 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Lake Shore Blvd West at Park Lawn Rd West Side, about 73 m away

20+ transit stops6 grocery20+ dining20+ parks13 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.

Waterfront Communities C1
$698K
Church-Yonge Corridor
$574K
Annex
$929K
Banbury-Don Mills
$500K
Willowdale East
$464K

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

Affordability & Mortgage

Affordability
$3,532/mo
$163KIncome needed
4.7×Price ÷ income
$815Weekly 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 $3,532Property tax $291Condo fee $864Total carry $4,687

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,309per month

Mortgage amount $620,000 · 4.14% over 25 years

$155,000Down payment (20.0%)
$620,000Loan before insurance
$0CMHC premium
$4,463Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,309
Property tax
$291
Condo / maintenance fees
$864
Heating
$0
Estimated monthly cost
$4,463

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

One-time closing costs

Ontario land transfer tax
$11,975
Toronto municipal land transfer tax
$11,975
Estimated closing costs
$23,950

Plus your down payment of $155,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,019/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

$372,565Total interest paid
$992,565Total of all payments
Principal $620,000 Interest $372,565
YearPrincipalInterestBalance
1$14,524$25,178$605,476
2$15,132$24,571$590,344
3$15,765$23,938$574,579
4$16,424$23,278$558,154
5$17,111$22,591$541,043
6$17,827$21,875$523,216
7$18,573$21,130$504,643
8$19,350$20,353$485,293
9$20,159$19,544$465,134
10$21,002$18,700$444,132
11$21,881$17,822$422,251
12$22,796$16,907$399,455
13$23,750$15,953$375,706
14$24,743$14,960$350,963
15$25,778$13,925$325,185
16$26,856$12,846$298,329
17$27,979$11,723$270,349
18$29,150$10,553$241,199
19$30,369$9,333$210,830
20$31,639$8,063$179,191
21$32,963$6,740$146,228
22$34,342$5,361$111,886
23$35,778$3,925$76,108
24$37,275$2,428$38,834
25$38,834$869$0

At the end of your 5-year term

Total paid over the term
$198,513
Principal paid down
$78,957
Interest paid
$119,556
Balance remaining
$541,043

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$3,050/mo
$36,600Gross 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.

4.7%
Gross yield
− Property tax $3,491− Condo fees $10,364− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,119

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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