2603-2269 Lakeshore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13574340

$1,260,000
For Sale
Listed 2 days ago
Request a showing
◎ Directions
3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Step into a world of comfort and elegance where expansive windows frame panoramic views of Lake Ontario, the marinas, and the natural beauty of Humber Bay Park. The spacious primary bedroom features a luxurious 5-piece ensuite and two generous closets, providing both comfort and practicality. A second bedroom, conveniently located adjacent to the second full bathroom, offers privacy and ease for guests or family members. This home is nestled along the scenic shores of Lake Ontario, offering a lifestyle that blends nature with city sophistication. Residents enjoy exclusive access to the Malibu Club, a two-storey amenity centre dedicated to wellness and recreation. Here, you'll find an indoor swimming pool, jacuzzi, saunas, a fully equipped fitness centre, as well as squash, tennis, and basketball courts. A thoughtfully designed entertainment level offers a TV screening room, billiards lounge, and spacious gathering area, while outdoor grilling stations and picnic areas provide the perfect setting for summer gatherings with friends and family. The rooftop terrace offers a peaceful escape with sweeping views of the lake. Whether you're walking or biking along the nearby waterfront trails or commuting easily with TTC access close by, this residence offers a unique and luxurious lakeside lifestyle. Welcome to your next chapter of elevated living. This Condominium in Most desirable area of lakeshore in Fantastic Marina Del Rey Community. Just Steps To Marinas, Path And Trails And Only 10 Minutes To Downtown. Condo Fees Includes All Your Utilities (Heat, Hydro, Water, basic internet, basic cable)

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13574340
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Lakeshore / Parklawn
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,226/mo
Exposure
North East
Property tax
$3,773 / 2025
Days on market
2
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Living RoomFlat4.52 × 3.86 m

combined w/dining · large window

KitchenFlat3.02 × 2.57 m

breakfast bar · open concept

KitchenMain3.43 × 3.10 m

open concept · centre island · granite counters

BathroomFlat0.00 × 0.00 m

3 pc ensuite · ceramic floor

Dining RoomFlat4.55 × 3.02 m

combined w/living · large window · hardwood floor

DenFlat2.80 × 2.67 m

large window · hardwood floor

Living RoomMain4.94 × 3.40 m

combined w/dining · w/o to balcony · sw view

FoyerFlat2.80 × 2.32 m

double closet · hardwood floor

BedroomFlat3.38 × 3.80 m

double closet · french doors · hardwood floor

Primary BedroomMain3.60 × 3.44 m

sw view · closet · closet organizers

Primary BedroomFlat4.45 × 4.18 m

5 pc ensuite · double closet · walk-in closet(s)

BathroomFlat0.00 × 0.00 m

5 pc bath · ceramic floor · double sink

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1.10Mest. value

Listed at $1,260,000, this home is about 15% above what comparable homes suggest. 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 $838K, lower 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 $1.40M
  • Bedrooms +$30K
  • Adjusts to $1.43M

That comparable adjusts to $1.43M; the $1.10M 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.

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
$1.05MGreat deal$1.26MOverpriced

Total price vs nearby homes. Fair value about $1.10M, 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.
  • Primary suite: a key comfort and resale feature.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.49Mavg asking

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

LPH2906-88 Park Lawn Road$1.10M602-1 Palace Pier Court$1.07M2302-80 Marine Parade Drive$1.60MPH102-PH102 Annie Craig Drive$2.20M

The 4 closest active listings nearby.

See all comparable homes
1.26MThis home1.10M1.07M1.60M2.20MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $899K
$970this home / sqft
30active listings nearby
2days on market

This home lists 13% above the area average of $860/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

85/ 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 73 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
$786K
Annex
$929K
Church-Yonge Corridor
$679K
Willowdale East
$466K
Willowdale West
$770K

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
$5,743/mo
$254KIncome needed
5.0×Price ÷ income
$1,325Weekly 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.

79%mortgage
Mortgage $5,743Property tax $314Condo fee $1,226Total carry $7,283

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)
$5,379per month

Mortgage amount $1,008,000 · 4.14% over 25 years

$252,000Down payment (20.0%)
$1,008,000Loan before insurance
$0CMHC premium
$6,919Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,379
Property tax
$314
Condo / maintenance fees
$1,226
Heating
$0
Estimated monthly cost
$6,919

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

One-time closing costs

Ontario land transfer tax
$21,675
Toronto municipal land transfer tax
$21,675
Estimated closing costs
$43,350

Plus your down payment of $252,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,533/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

$605,719Total interest paid
$1,613,719Total of all payments
Principal $1,008,000 Interest $605,719
YearPrincipalInterestBalance
1$23,614$40,935$984,386
2$24,602$39,947$959,784
3$25,631$38,918$934,154
4$26,703$37,846$907,451
5$27,820$36,729$879,631
6$28,983$35,565$850,648
7$30,196$34,353$820,452
8$31,459$33,090$788,993
9$32,775$31,774$756,218
10$34,146$30,403$722,073
11$35,574$28,975$686,499
12$37,062$27,487$649,437
13$38,612$25,937$610,825
14$40,227$24,322$570,598
15$41,910$22,639$528,688
16$43,663$20,886$485,025
17$45,489$19,060$439,536
18$47,392$17,157$392,144
19$49,374$15,174$342,769
20$51,440$13,109$291,330
21$53,591$10,958$237,739
22$55,833$8,716$181,906
23$58,168$6,381$123,738
24$60,601$3,947$63,136
25$63,136$1,413$0

At the end of your 5-year term

Total paid over the term
$322,744
Principal paid down
$128,369
Interest paid
$194,375
Balance remaining
$879,631

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
2.0%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.

3.9%
Gross yield
− Property tax $3,773− Condo fees $14,716− Insurance $600− Vacancy & upkeep $5,412Net operating income $24,699

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

CallRequest a showing