1610-2045 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13712352

$1,185,000
For Sale
Just listed today
3Bedrooms
3Bathrooms
2Garage
1800-1999Sq Ft

About this home

Space, Privacy and Endless Possibilities! At 1,890 sq ft suite is a rare combination of generous living space, remarkable privacy and spectacular views of the river and glimpse of the Toronto skyline. From the moment you enter, the suite reveals the most distinctive feature, a completely private wing just off the entrance foyer. This spacious room, floor to ceiling windows, a full bathroom with walk-in shower, deep wall closets, has a myriad of uses. Guest suite, home office, den, or nursery. Its separation from the main living quarters, makes it perfect for multigenerational living. The foyer offers a gallery style wall space, excellent for art or photographs. The living room is bright with natural light, crown moulding fireplace and, a wall of glass overlooking the river. The adjoing dining room flows seamlessly from the living room, excellent for entertaining. The kitchen offers lots of cabinetry, marble counter tops, five appliances and a comfortable eating area. The primary bedroom is generous and bright. Its four piece ensuite includes double sinks, ample storage, tub and shower. The third bedroom is located near the principle bedroom. Ideal for younger children. Rich, beautiful honed bamboo flooring runs throughout the suite. This is a wonderful opportunity to personalize this exceptional space, add your own style and flair, and is outstanding value. Five Star Amenities: 24 hr. Concierge and Security, Valet Parking, Restaurant, Tennis Court, Private Shuttle to Union Station, Spa, BBQ's, Salt Water Pool, Sports Simulator, Executive Meeting Room, Billiards, Children's Play Room, and so much more. Walk to upscale restaurants, shoppes,, medical services. Walk or cycle the Martin Goodman Trail for miles along the lake. This is city living in the country. Truly an Oasis. Unit is virtually staged.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
W13712352
Bedrooms
3
Bathrooms
3 (1 half)
Size
1800-1999
Cross streets
Park Lawn and Lake Shore
Parking
2 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$2,404/mo
Exposure
North West
Property tax
$4,167 / 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

KitchenFlat3.72 × 2.54 m

double sink · tile floor

Primary BedroomFlat3.38 × 4.75 m

4 pc ensuite · hardwood floor · window floor to ceiling

Bedroom 3Flat3.38 × 5.57 m

4 pc ensuite · hardwood floor · closet

Bedroom 2Flat3.47 × 2.68 m

hardwood floor · b/i closet · window floor to ceiling

SolariumFlat0.00 × 0.00 m
Dining RoomFlat3.00 × 2.91 m

combined w/living · hardwood floor · b/i bookcase

Living RoomFlat8.05 × 5.30 m

electric fireplace · combined w/dining · window floor to ceiling

Our TakeTeam Asgarian · Broker
Below comparables
$1.28Mest. value

Listed at $1,185,000, and my independent estimate is about 7% below comparable homes, worth a close look.

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

List price
$1.19MGreat deal$1.29MOverpriced

Total price vs nearby homes. Fair value about $1.28M, 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 $1.32M, a close match.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Étienne Brûlé Junior 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 4 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mimico · asking prices
$1.57Mavg asking

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

1110-2045 Lake Shore Boulevard$1.20M1908-2285 Lake Shore Boulevard$1.75M318-2095 Lake Shore Boulevard$1.75M

The 3 closest active listings nearby.

See all comparable homes
1.19MThis home1.20M1.75M1.75MThis home vs active comparables
Live market pulseActive comparables in Mimico · median list $874K
$624this home / sqft
6active listings nearby
100sold nearby · 90 days
$698Kmedian sold price
96%of asking, on average

This home lists 22% below the area average of $801/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.

Waterfront Communities C1
$830K
Annex
$1.09M
Bay Street Corridor
$511K
Church-Yonge Corridor
$527K
Mount Pleasant West
$588K

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 Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 1.4 km awayAbove the GTA average · 79% meet the provincial standard

Affordability & Mortgage

Affordability
$5,401/mo
$264KIncome needed
4.5×Price ÷ income
$1,246Weekly 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.

66%mortgage
Mortgage $5,401Property tax $347Condo fee $2,404Total carry $8,152

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 26, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,111per month

Mortgage amount $948,000 · 4.24% over 25 years

$237,000Down payment (20.0%)
$948,000Loan before insurance
$0CMHC premium
$7,862Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,111
Property tax
$347
Condo / maintenance fees
$2,404
Heating
$0
Estimated monthly cost
$7,862

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

One-time closing costs

Ontario land transfer tax
$20,175
Toronto municipal land transfer tax
$20,175
Estimated closing costs
$40,350

Plus your down payment of $237,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$6,201/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

$585,232Total interest paid
$1,533,232Total of all payments
Principal $948,000 Interest $585,232
YearPrincipalInterestBalance
1$21,903$39,426$926,097
2$22,842$38,487$903,255
3$23,821$37,509$879,434
4$24,841$36,488$854,593
5$25,906$35,423$828,687
6$27,016$34,313$801,671
7$28,173$33,156$773,497
8$29,381$31,949$744,117
9$30,640$30,690$713,477
10$31,953$29,377$681,525
11$33,322$28,008$648,203
12$34,750$26,580$613,453
13$36,238$25,091$577,215
14$37,791$23,538$539,424
15$39,411$21,919$500,013
16$41,099$20,230$458,914
17$42,860$18,469$416,053
18$44,697$16,632$371,356
19$46,612$14,717$324,744
20$48,610$12,720$276,134
21$50,692$10,637$225,442
22$52,865$8,465$172,577
23$55,130$6,200$117,448
24$57,492$3,837$59,956
25$59,956$1,374$0

At the end of your 5-year term

Total paid over the term
$306,646
Principal paid down
$119,313
Interest paid
$187,333
Balance remaining
$828,687

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$6,100/mo
$73,200Gross annual rent
2.7%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.

6.2%
Gross yield
− Property tax $4,167− Condo fees $28,848− Insurance $600− Vacancy & upkeep $8,052Net operating income $31,534

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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