1010-2261 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13600510

$859,900
For Sale
Just listed today
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Marina Del Rey A Rare Opportunity. Experience Breathtaking, Unobstructed Views Of Lake Ontario And The Toronto Skyline From This Truly One-Of-A-Kind Top-Floor Suite. This Spacious 2 Bedroom + Den, 2 Full Bathroom Residence Features Soaring Ceilings And A Rare Private Balcony, With No Neighbours Above For Ultimate Privacy. Enjoy All-Inclusive Maintenance Fees, Including High Speed Internet And Cable Package. Includes Appliances, 1 Parking Space, And 1 Locker. Resort-Style Living Awaits With 5-Star Amenities: Free Aqua Aerobics and Fitness Classes, A Tennis House League For All Levels, And Access To 11 Acres Of Beautifully Maintained Grounds. Nestled Beside A Yacht Club, Sailing School, And Expansive Parkland, Marina Del Rey Is A City Within A City. Your Urban Paradise Awaits!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13600510
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
900-999
Cross streets
Lake Shore / Park Lawn
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,018/mo
Exposure
South East
Property tax
$2,911 / 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Ground3.80 × 2.80 m
SolariumGround2.26 × 2.95 m

Overlook Water

Dining RoomGround6.65 × 4.40 m

Overlook Water

Primary BedroomGround4.50 × 3.21 m

w/o to balcony · walk-in closet(s)

Living RoomGround6.65 × 4.40 m

Overlook Water

KitchenGround2.82 × 2.70 m

modern kitchen · renovated

FoyerGround1.96 × 1.20 m
Our TakeTeam Asgarian · Broker
Above comparables
$818Kest. value

Listed at $859,900, and my independent estimate is about 5% above what comparable homes suggest.

In Mimico lately, sellers get about 96% of asking; homes sell in ~39 days.

List price
$818KGreat deal$860KOverpriced

Total price vs nearby homes. Fair value about $818K, median of 4 comparables.

How this estimate is builtthe short version

I take the 4 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $826K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($906/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 4 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$851kavg asking

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

615-2212 Lakeshore Boulevard$775k611-2261 Lakeshore Boulevard$870k231-30 Shore Breeze Drive$849k2708-88 Park Lawn Drive$880k523-30 Shore Breeze Drive$884k

The 5 closest of 8 active listings nearby.

See all comparable homes
860kThis home775k870k849k880k884kThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $775K
$906this home / sqft
43active listings nearby
100sold nearby · 90 days
$607Kmedian sold price
96%of asking, on average

This home lists 5% above the area average of $864/sqft.

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.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$550K
Waterfront Communities C1
$594K
Bay Street Corridor
$556K
Church-Yonge Corridor
$611K
Moss Park
$894K

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 · 0.5 km awayBelow the GTA average · 68% meet the provincial standard

Affordability & Mortgage

Affordability
$3,919/mo
$179KIncome needed
4.8×Price ÷ income
$904Weekly 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.

76%mortgage
Mortgage $3,919Property tax $243Condo fee $1,018Total carry $5,179

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,671per month

Mortgage amount $687,920 · 4.14% over 25 years

$171,980Down payment (20.0%)
$687,920Loan before insurance
$0CMHC premium
$4,932Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,671
Property tax
$243
Condo / maintenance fees
$1,018
Heating
$0
Estimated monthly cost
$4,932

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

One-time closing costs

Ontario land transfer tax
$13,673
Toronto municipal land transfer tax
$13,673
Estimated closing costs
$27,346

Plus your down payment of $171,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,459/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

$413,379Total interest paid
$1,101,299Total of all payments
Principal $687,920 Interest $413,379
YearPrincipalInterestBalance
1$16,116$27,936$671,804
2$16,790$27,262$655,015
3$17,492$26,560$637,523
4$18,224$25,828$619,299
5$18,986$25,066$600,313
6$19,780$24,272$580,533
7$20,607$23,445$559,926
8$21,469$22,583$538,456
9$22,367$21,685$516,089
10$23,303$20,749$492,786
11$24,278$19,774$468,508
12$25,293$18,759$443,215
13$26,351$17,701$416,864
14$27,453$16,598$389,410
15$28,602$15,450$360,808
16$29,798$14,254$331,010
17$31,045$13,007$299,966
18$32,343$11,709$267,622
19$33,696$10,356$233,926
20$35,105$8,947$198,821
21$36,574$7,478$162,247
22$38,104$5,948$124,143
23$39,698$4,354$84,446
24$41,358$2,694$43,088
25$43,088$964$0

At the end of your 5-year term

Total paid over the term
$220,260
Principal paid down
$87,607
Interest paid
$132,653
Balance remaining
$600,313

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
2.0%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.

4.3%
Gross yield
− Property tax $2,911− Condo fees $12,212− Insurance $600− Vacancy & upkeep $4,026Net operating income $16,851

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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