1001-2200 Lakeshore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13733706

$769,000
For Sale
Listed 19 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Welcome To Resort Style Condo In The Westlake.
  • Functional Split 2 Bdrm Layout.
  • 9' Ceilings, Modern Kitchen With Luxury Quart.
  • Direct Access To 30,000 Sq.
  • Easy Access To Qew, Steps To Ttc, Parks And Trails.

Welcome To Resort Style Condo In The Westlake. Bright And Spacious South West Corner Unit. Functional Split 2 Bdrm Layout. Stunning And Unobstructed View Of The Lake Ontario And Humber Bay Park. 9' Ceilings, Modern Kitchen With Luxury Quart. Floor To Ceiling Windows. Direct Access To 30,000 Sq.Ft Club W/Amenities. Metro, Shoppers, 2 Banks And Starbucks In The Same Building. Easy Access To Qew, Steps To Ttc, Parks And Trails. Enjoy A Beautiful Waterfront Lifestyle Here!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13733706
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Lake Shore Blvd W / Park Lawn
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$780/mo
Exposure
South West
Property tax
$2,923 / 2026
Days on market
19
Listing brokerage
HOMELIFE FRONTIER REALTY INC.

Rooms

Living RoomFlat3.87 × 6.30 m

laminate · combined w/dining · w/o to balcony

FoyerFlat3.20 × 1.23 m

Large Closet

Bedroom 2Flat2.90 × 2.70 m

laminate · double closet · overlook water

Dining RoomFlat3.87 × 6.30 m

laminate · combined w/living · overlooks park

KitchenFlat3.87 × 6.30 m

laminate · combined w/dining · stainless steel appl

Primary BedroomFlat3.00 × 2.64 m

laminate · 4 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
Above what recent sales support
$670Kautomated estimate, from recent sales

Listed at $769,000. Recent sales of homes like it put this one around $670K, so the ask is about 15% above what similar homes have sold for.

If it sells at this ask, expect about $744K, typically $724K to $757K: that is where homes here have closed against their asks in the last 90 days (105 closings).

List price
$623KBelow recent closings$769KAbove recent closings

Total price vs nearby homes. Fair value about $670K, learned from recent GTA sales.

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
19days on market so far
$3,112/moest. rent · 13 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 $905/sqft against an area asking average of $842/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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $658K. 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.

  • 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 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 17 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 · 1.5 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
David Hornell Junior School · Public elementary0.7 km · 68% at standard
George R Gauld Junior School · Public elementary1.3 km · 73% at standard
St Leo Catholic School · Catholic elementary1.5 km · 82% at standard
St Louis Catholic School · Catholic elementary1.5 km · 76% at standard
John English Junior Middle School · Public elementary1.6 km · 73% at standard
Karen Kain School of the Arts · Public elementary1.7 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.9 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.3 km · 88% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.3 km · 78% at standard

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

Affordability & Mortgage

Affordability
$3,505/mo
$159KIncome needed
4.8×Price ÷ income
$809Weekly cost
$23,710Land 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.

77%mortgage
Mortgage $3,505Property tax $244Condo fee $780Total carry $4,529

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)
$3,367per month

Mortgage amount $615,200 · 4.39% over 25 years

$153,800Down payment (20.0%)
$615,200Loan before insurance
$0CMHC premium
$4,391Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,367
Property tax
$244
Condo / maintenance fees
$780
Heating
$0
Estimated monthly cost
$4,391

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

One-time closing costs

Ontario land transfer tax
$11,855
Toronto municipal land transfer tax
$11,855
Estimated closing costs
$23,710

Plus your down payment of $153,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$4,080/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

$395,034Total interest paid
$1,010,234Total of all payments
Principal $615,200 Interest $395,034
YearPrincipalInterestBalance
1$13,921$26,488$601,279
2$14,539$25,870$586,740
3$15,184$25,225$571,555
4$15,858$24,551$555,697
5$16,562$23,847$539,135
6$17,297$23,112$521,838
7$18,065$22,345$503,773
8$18,867$21,543$484,907
9$19,704$20,705$465,203
10$20,578$19,831$444,624
11$21,492$18,918$423,133
12$22,446$17,964$400,687
13$23,442$16,968$377,246
14$24,482$15,927$352,763
15$25,569$14,841$327,195
16$26,703$13,706$300,491
17$27,889$12,521$272,603
18$29,126$11,283$243,477
19$30,419$9,990$213,058
20$31,769$8,640$181,289
21$33,179$7,230$148,110
22$34,652$5,758$113,458
23$36,189$4,220$77,269
24$37,796$2,614$39,473
25$39,473$936$0

At the end of your 5-year term

Total paid over the term
$202,047
Principal paid down
$76,065
Interest paid
$125,982
Balance remaining
$539,135

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 13 whole-home leases in Mimico$3,112/mo
$37,344Gross annual rent
2.6%Cap rate after taxes and upkeep
$2,956 to $3,268Typical 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 13 whole-home leases in Mimico signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,112. 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 $2,923− Condo fees $9,361− Insurance $600− Vacancy & upkeep $4,108Net operating income $20,352

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE FRONTIER REALTY INC.. MLS®/PropTx.

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