1307-2267 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13569570

$1,399,000
For Sale
Listed 2 days ago
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

A rare opportunity to own a waterfront residence combining refined design, smart home technology, in suite spa features, and resort style living in one of Humber Bay Shores' landmark communities. This custom renovated lower penthouse residence offers 1,210 sq. ft. per builder plan, 9 ft ceilings, expansive principal rooms, and beautiful views of the Toronto skyline, Lake Ontario, marina, and surrounding parkland. Originally a 2-bedroom plus solarium layout, the suite has been thoughtfully reimagined into a refined 2-bedroom residence designed for elegant living, entertaining, and everyday comfort. The open concept living, dining, and kitchen area is framed by wraparound windows and features custom white oak engineered plank flooring, bespoke millwork, raised door headers (88"), solid-core doors with upgraded chrome hardware, quartz counters and window sills, large-format CIOT Italian tile, and recessed lighting throughout. Designed with both beauty and technology in mind, the suite includes a Control4 smart home system, automated living room blinds, centrally controlled lighting, invisible Sonance architectural speakers, and zoned Bowers & Wilkins audio throughout. The bathrooms offer a spa inspired experience, with a shower/steam room and a primary ensuite featuring an XL hydrotherapy/Chroma therapy bath, double vanity, and luxury finishes. The generous primary includes a custom walk-in closet, while the second bedroom offers built-ins, a reading nook, and work-from-home flexibility. The renovation included updated plumbing, electrical, and a newer 100-amp panel. Residents enjoy access to the Malibu Club, offering the feel of a private resort with tennis and squash courts, pool, saunas, gym, library, billiards/game room, party room, terrace, barbecue area overlooking the marina, ample visitor parking, 24/7 concierge, gated community security, and beautifully maintained grounds. All inclusive maintenance fees include parking, hydro, gas, water, cable, and internet.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13569570
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Lake Shore Blvd West & Legion Rd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,180/mo
Exposure
North East
Property tax
$4,013 / 2026
Days on market
2
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Bedroom 2Flat5.41 × 3.54 m

b/i shelves · closet · combined w/office

Living RoomFlat6.89 × 7.33 m

built-in speakers · ne view · combined w/dining

Dining RoomFlat6.89 × 7.33 m

plank · window floor to ceiling · combined w/living

FoyerFlat1.85 × 1.76 m

recessed lighting · combined w/laundry · marble floor

KitchenFlat6.89 × 7.33 m

quartz counter · b/i appliances · combined w/dining

BedroomFlat3.30 × 3.97 m

4 pc ensuite · walk-in closet(s) · b/i shelves

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.06Mest. value

Listed at $1,399,000, this home is about 32% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 17 similar homes nearby, adjusted for size, beds, and baths.Median of 17 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $881K, a bit lower.

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 $799K
  • Bathrooms −$15K
  • Adjusts to $784K

That comparable adjusts to $784K; the $1.06M estimate above is the median of all 17 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 John English 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.

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

List price
$1.01MGreat deal$1.40MOverpriced

Total price vs nearby homes. Fair value about $1.06M, median of 17 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.05Mavg asking

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

1407-2045 Lake Shore Boulevard$1.35M1603-2111 Lake Shore Boulevard$989k203-36 Park Lawn Road$799k

The 3 closest active listings nearby.

See all comparable homes
1.40MThis home1.35M989k799kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $885K
$1,077this home / sqft
28active listings nearby
2days on market

This home lists 27% above the area average of $850/sqft.

1 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 Legion Rd, about 18 m away

20+ transit stops7 grocery20+ dining20+ parks14 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
$691K
Waterfront Communities C8
$998K
Church-Yonge Corridor
$574K
Annex
$929K
Banbury-Don Mills
$500K

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 David Hornell Junior School
68%
David Hornell Junior SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$6,376/mo
$278KIncome needed
5.0×Price ÷ income
$1,471Weekly 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.

81%mortgage
Mortgage $6,376Property tax $334Condo fee $1,180Total carry $7,891

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)
$5,972per month

Mortgage amount $1,119,200 · 4.14% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$7,487Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,972
Property tax
$334
Condo / maintenance fees
$1,180
Heating
$0
Estimated monthly cost
$7,487

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

One-time closing costs

Ontario land transfer tax
$24,455
Toronto municipal land transfer tax
$24,455
Estimated closing costs
$48,910

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,254/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

$672,540Total interest paid
$1,791,740Total of all payments
Principal $1,119,200 Interest $672,540
YearPrincipalInterestBalance
1$26,219$45,451$1,092,981
2$27,316$44,354$1,065,665
3$28,458$43,211$1,037,207
4$29,649$42,021$1,007,558
5$30,889$40,781$976,670
6$32,181$39,489$944,489
7$33,527$38,143$910,962
8$34,929$36,740$876,033
9$36,390$35,279$839,642
10$37,912$33,757$801,730
11$39,498$32,171$762,232
12$41,150$30,519$721,081
13$42,872$28,798$678,209
14$44,665$27,005$633,544
15$46,533$25,136$587,011
16$48,480$23,190$538,532
17$50,507$21,162$488,024
18$52,620$19,049$435,404
19$54,821$16,848$380,583
20$57,114$14,555$323,469
21$59,503$12,166$263,965
22$61,992$9,677$201,973
23$64,585$7,084$137,388
24$67,287$4,383$70,101
25$70,101$1,568$0

At the end of your 5-year term

Total paid over the term
$358,348
Principal paid down
$142,530
Interest paid
$215,818
Balance remaining
$976,670

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$4,100/mo
$49,200Gross annual rent
1.8%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.

3.5%
Gross yield
− Property tax $4,013− Condo fees $14,160− Insurance $600− Vacancy & upkeep $5,412Net operating income $25,015

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

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