204-2230 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13578504
About this home
Where city convenience meets waterfront living! In the heart of Humber Bay Shores, this spacious 1-bed + den suite offers over 700 sq ft of bright, functional living space paired with one of Toronto's most sought-after lakefront lifestyles. The open-concept layout features a generously sized primary bedroom, a versatile den ideal for a home office or guest space, and an oversized balcony with walkouts from both the living room and bedroom, creating seamless indoor-outdoor living. Complete with parking, this suite offers excellent space and practicality. Enjoy first-class amenities, including an indoor pool, hot tub and sauna, two fully equipped fitness centres (no need for a gym membership!), a rooftop terrace with BBQs, guest suites, and 24-hour concierge service. Perfectly situated in vibrant Humber Bay Shores, you're steps from waterfront trails, parks, cafés, restaurants, shops, and everyday essentials, while remaining conveniently connected to the rest of the city. With easy access to the Mimico GO Station, TTC, Gardiner Expressway, downtown Toronto, and both airports, commuting is effortless. A rare opportunity to enjoy spacious waterfront living in one of Toronto's most desirable lakefront communities.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13578504
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 700-799
- Cross streets
- Park Lawn Rd/Lake Shore Blvd W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Concrete
- Exposure
- South East
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Listed at $2,650/mo, this rental is about 9% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 36 similar rentals nearby, adjusted for size, beds, and baths.Median of 36 comparable active listings, adjusted for size, beds, and baths.
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 $3,100/mo
- Bathrooms −$100/mo
- Adjusts to $3,000/mo
That comparable adjusts to $3,000/mo; the $2,900/mo estimate above is the median of all 36 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
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.
Total price vs nearby homes. Fair value about $2,900/mo, median of 36 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.
- Open-concept layout: modern, sought-after flow.
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 118 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $2,120 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $11
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $13
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13
- Toronto municipal land transfer tax
- $13
- Estimated closing costs
- $27
Plus your down payment of $530. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $679
- Principal paid down
- $270
- Interest paid
- $409
- Balance remaining
- $1,850
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.