B-2283 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13702966
About this home
In short
- Welcome to Grand Harbour, one of Toronto's most prestigious waterfront communities.
- This spacious freehold townhome offers 3+1 bedrooms, exceptional comfort, privacy, and convenience.
- The bright main level features 9-ft ceilings, a modern kitchen, and generous living and dining areas ideal for everyday living and entertaining.
- The finished basement includes a large bedroom with an above-grade window and a convenient 4-piece bathroom, offering excellent flexibility for guests, family, or a...
- Steps to the marina, scenic waterfront parks, walking and cycling trails, shops, restaurants, and TTC, with easy access to the QEW, Gardiner Expressway, Hwy 427...
Welcome to Grand Harbour, one of Toronto's most prestigious waterfront communities! This spacious freehold townhome offers 3+1 bedrooms, exceptional comfort, privacy, and convenience. The bright main level features 9-ft ceilings, a modern kitchen, and generous living and dining areas ideal for everyday living and entertaining. Upstairs, three skylights fill the home with natural light. The finished basement includes a large bedroom with an above-grade window and a convenient 4-piece bathroom, offering excellent flexibility for guests, family, or a home office. Enjoy a spacious private deck with a gas line for BBQs, a beautifully landscaped front yard, and two parking spaces-one in the garage and one covered exterior space beneath the balcony. New washer and dryer included. Steps to the marina, scenic waterfront parks, walking and cycling trails, shops, restaurants, and TTC, with easy access to the QEW, Gardiner Expressway, Hwy 427, downtown Toronto, and Pearson Airport. A rare opportunity to enjoy the space and privacy of townhome living in an exceptional waterfront setting!
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- W13702966
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 14 × 76 ft
- Cross streets
- Lake Shore Blvd W/Parklawn Rd
- Parking
- 1 garage · 2 parking (attached)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,248 / 2026
- Days on market
- 59
- Listing brokerage
- HOMELIFE LANDMARK REALTY INC.
Listed at $1,298,000. Going by how homes in Mimico and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $1.26M, if it sells. A realistic range is $1.19M to $1.43M.
Independent value check: $1.14M. Without looking at the asking price, our model values the home itself about 12% below the ask (homes like it typically land between $1.07M and $1.19M).
Why $1.14M. The typical townhouse sold in Mimico over the past year went for about $1.17M (40 sales). What sets this one apart:
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,248 a year; the typical home sold here pays about $4,900.
Longer on the market than typical. 59 days on the market against about 23 for homes like it here, and asking 14% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.26M, from 10 recent closings in this pocket.
The market behind the math:
Price per square foot: this home lists at $998/sqft against an area asking average of $761/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.07M. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 10 comparable homes that sold in Mimico over the past two years, from 61 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.14M, which is where my estimate comes from.
Per square foot, these ask about $793/sqft; this home lists at $998/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 84 |
| November 2025 | $1.04M | 75 |
| December 2025 | $1.05M | 55 |
| January 2026 | $1.04M | 38 |
| February 2026 | $1.17M | 53 |
| March 2026 | $1.09M | 86 |
| April 2026 | $1.22M | 95 |
| May 2026 | $1.10M | 88 |
| June 2026 | $1.05M | 97 |
| July 2026 | $960K | 91 |
| August 2026 | $995K | 47 |
| September 2026 | $1.06M | 91 |
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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.
Also nearby: 9 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,038,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,741
- Property tax
- $437
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,179
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,435
- Toronto municipal land transfer tax
- $22,435
- Estimated closing costs
- $44,870
Plus your down payment of $259,600. 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
- $344,490
- Principal paid down
- $126,873
- Interest paid
- $217,616
- Balance remaining
- $911,527
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 14 whole-home leases in Mimico signed at a median of $3,962 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,521. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.