1905-36 Park Lawn Road, Toronto, ON

Mimico, Toronto · MLS® W13717470

$719,000
For Sale
Listed 25 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome to Suite 1905 at 36 Park Lawn Road, a rarely offered 2 bed, 2 bath layout, arguably the most sought-after floor plan in the building.
  • This modern, clean unit spans approximately 900 square feet plus balcony space, and features huge windows that flood the space with natural light throughout.
  • The open concept living and dining area offers lots of space for entertaining, with upgraded flooring and a functional layout that flows easily from room to room.
  • Located at Key West Condos, residents enjoy a large party room, fully equipped gym, and 24-hour concierge in a well-managed building.

Welcome to Suite 1905 at 36 Park Lawn Road, a rarely offered 2 bed, 2 bath layout, arguably the most sought-after floor plan in the building. This modern, clean unit spans approximately 900 square feet plus balcony space, and features huge windows that flood the space with natural light throughout.The open concept living and dining area offers lots of space for entertaining, with upgraded flooring and a functional layout that flows easily from room to room. The primary bedroom includes a motorized blackout blind for effortless light control, while the second bedroom sits at the end of the hall and is currently used as an office, ideal for anyone needing flexible work-from-home space. The kitchen features stone counters that complement the unit's clean, modern finishes.Outside, two separate private balconies offer a rare feature that sets this suite apart. Parking and a locker are both included, adding extra convenience.Located at Key West Condos, residents enjoy a large party room, fully equipped gym, and 24-hour concierge in a well-managed building. Steps to the lake, Mimico's best restaurants, and scenic waterfront trails, this location offers the community feel of Mimico with unmatched proximity to downtown Toronto, the airport, and major highways.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13717470
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Lakeshore West/ Park Lawn
Parking
1 garage (underground)
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete Poured
Maintenance
$734/mo
Exposure
North West
Property tax
$3,499 / 2025
Days on market
25
Listing brokerage
RE/MAX EXPERTS
Our TakeTeam Asgarian · Broker
A small discount is typical
$696Klikely closing

Listed at $719,000 with no offer date. Homes here have been closing close to ask, so my read is $696K, typically $677K to $708K. Comparable closings on their own put this home around $696K, which supports the ask, so this is a firm read.

List price
$677KBelow recent closings$719KAbove recent closings

Total price vs nearby homes. Likely closing about $696K, from 105 recent closings in this pocket.

The market behind the math:

105sold nearby · 90 days
$580Kmedian sold price
96%of asking, on average
−5%prices vs a year ago
~34 dayshomes like this take to sell
25days on market so far
$2,939/moest. rent · 8 leases
4.9%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 60 condo apartment homes for sale in the area against 105 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $846/sqft against an area asking average of $843/sqft. Size and $/sqft both feed the estimate above.

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 and this building.

It never sees the asking price. The 105 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $603K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Based on 10 homes sold in this building over the past 14 months, from 499 closings in Mimico.

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
$1.10M
Waterfront Communities C1
$687K
Bay Street Corridor
$552K
Church-Yonge Corridor
$629K
Mount Pleasant West
$554K

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
Also nearby: 10 more schools within 2.5 km
David Hornell Junior School · Public elementary0.6 km · 68% at standard
George R Gauld Junior School · Public elementary1.2 km · 73% at standard
St Louis Catholic School · Catholic elementary1.3 km · 76% at standard
St Leo Catholic School · Catholic elementary1.4 km · 82% at standard
John English Junior Middle School · Public elementary1.5 km · 73% at standard
Karen Kain School of the Arts · Public elementary1.5 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.7 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.0 km · 88% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.3 km · 78% at standard
Second Street Junior Middle School · Public elementary2.5 km · 69% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,277/mo
$151KIncome needed
4.8×Price ÷ income
$756Weekly cost
$21,710Land transfer tax, one-time (Ontario + Toronto)
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 $3,277Property tax $292Condo fee $734Total carry $4,303

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,148per month

Mortgage amount $575,200 · 4.39% over 25 years

$143,800Down payment (20.0%)
$575,200Loan before insurance
$0CMHC premium
$4,174Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,148
Property tax
$292
Condo / maintenance fees
$734
Heating
$0
Estimated monthly cost
$4,174

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

One-time closing costs

Ontario land transfer tax
$10,855
Toronto municipal land transfer tax
$10,855
Estimated closing costs
$21,710

Plus your down payment of $143,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,815/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

$369,349Total interest paid
$944,549Total of all payments
Principal $575,200 Interest $369,349
YearPrincipalInterestBalance
1$13,016$24,766$562,184
2$13,594$24,188$548,590
3$14,197$23,585$534,393
4$14,827$22,955$519,566
5$15,485$22,297$504,081
6$16,172$21,609$487,908
7$16,890$20,892$471,018
8$17,640$20,142$453,378
9$18,423$19,359$434,955
10$19,240$18,542$415,715
11$20,094$17,688$395,621
12$20,986$16,796$374,635
13$21,918$15,864$352,717
14$22,890$14,892$329,827
15$23,906$13,876$305,921
16$24,967$12,815$280,954
17$26,075$11,707$254,878
18$27,233$10,549$227,646
19$28,441$9,341$199,205
20$29,703$8,079$169,501
21$31,022$6,760$138,480
22$32,399$5,383$106,081
23$33,836$3,946$72,245
24$35,338$2,444$36,907
25$36,907$875$0

At the end of your 5-year term

Total paid over the term
$188,910
Principal paid down
$71,119
Interest paid
$117,791
Balance remaining
$504,081

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
From 8 whole-home leases in Mimico$2,939/mo
$35,268Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,703 to $3,174Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 8 whole-home leases in Mimico signed at a median of $2,500 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,939. 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.

4.9%
Gross yield
− Property tax $3,499− Condo fees $8,812− Insurance $600− Vacancy & upkeep $3,879Net operating income $18,477

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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