1910-10 Park Lawn Road, Toronto, ON

Mimico, Toronto · MLS® W13746316

$749,900
For Sale
Listed 16 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • This south-facing 2+1 on the 19th floor of Westlake Encore looks straight out over Lake Ontario, and the 147 sq ft balcony - with walkouts from both the living room...
  • Inside, 9-ft smooth ceilings and wide-plank laminate run through a freshly painted open layout built for real life: a quartz kitchen with room to actually cook, a...
  • The primary bedroom offers a walk-in closet and 3-piece ensuite; the second bedroom takes its own share of the view.
  • Downstairs: concierge, gym, outdoor pool, and a rooftop deck.

Wake up to open water. This south-facing 2+1 on the 19th floor of Westlake Encore looks straight out over Lake Ontario, and the 147 sq ft balcony - with walkouts from both the living room and second bedroom - is where morning coffee and evening light will happen. Inside, 9-ft smooth ceilings and wide-plank laminate run through a freshly painted open layout built for real life: a quartz kitchen with room to actually cook, a dining area that fits friends, and a den that works as the home office you've been promising yourself. The primary bedroom offers a walk-in closet and 3-piece ensuite; the second bedroom takes its own share of the view. Parking and locker sit on the same level - no juggling. Downstairs: concierge, gym, outdoor pool, and a rooftop deck. Out the front door: grocery, restaurants, transit, and the waterfront trail that turns an ordinary evening into a walk along the lake. First home or long-term base, this is Humber Bay living at its best. Steps from the future Mimico Go station.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13746316
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Park Lawn Rd/ Lake Shore Blvd
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$771/mo
Exposure
South
Property tax
$3,115 / 2026
Days on market
16
Listing brokerage
REAL BROKER ONTARIO LTD.

Rooms

Dining RoomMain4.98 × 2.72 m

laminate · open concept · combined w/kitchen

StudyMain2.73 × 1.95 m

laminate · open concept · overlooks dining

FoyerMain2.42 × 2.04 m

laminate · mirrored closet · 4 pc bath

Bedroom 2Main3.05 × 2.74 m

laminate · mirrored closet · w/o to balcony

KitchenMain4.98 × 2.72 m

laminate · quartz counter · stainless steel appl

Living RoomMain6.87 × 3.16 m

laminate · south view · w/o to balcony

Primary BedroomMain3.50 × 3.04 m

laminate · walk-in closet(s) · 3 pc ensuite

Our TakeTeam Asgarian · Broker
Above what recent sales support
$672Kautomated estimate, from recent sales

Listed at $749,900. Recent sales of homes like it put this one around $672K, so the ask is about 12% above what similar homes have sold for.

If it sells at this ask, expect about $726K, typically $706K to $739K: that is where homes here have closed against their asks in the last 90 days (106 closings).

List price
$625KBelow recent closings$750KAbove recent closings

Total price vs nearby homes. Fair value about $672K, learned from recent GTA sales.

The market behind the math:

106sold nearby · 90 days
$588Kmedian sold price
96%of asking, on average
−3%prices vs a year ago
~34 dayshomes like this take to sell
16days on market so far
$3,133/moest. rent · 9 leases
5.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 54 condo apartment homes for sale in the area against 106 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 $883/sqft against an area asking average of $855/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 15 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $645K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. 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.

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

Priced above comparable homes overall, but the price per square foot ($883/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 16 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
$986K
Waterfront Communities C1
$753K
Bay Street Corridor
$638K
Church-Yonge Corridor
$599K
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 elementary1.4 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 elementary1.6 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.8 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.1 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
$3,418/mo
$156KIncome needed
4.8×Price ÷ income
$789Weekly cost
$22,946Land 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 $3,418Property tax $260Condo fee $771Total carry $4,448

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)
$3,284per month

Mortgage amount $599,920 · 4.39% over 25 years

$149,980Down payment (20.0%)
$599,920Loan before insurance
$0CMHC premium
$4,314Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,284
Property tax
$260
Condo / maintenance fees
$771
Heating
$0
Estimated monthly cost
$4,314

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

One-time closing costs

Ontario land transfer tax
$11,473
Toronto municipal land transfer tax
$11,473
Estimated closing costs
$22,946

Plus your down payment of $149,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$3,978/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

$385,222Total interest paid
$985,142Total of all payments
Principal $599,920 Interest $385,222
YearPrincipalInterestBalance
1$13,575$25,830$586,345
2$14,178$25,228$572,167
3$14,807$24,598$557,359
4$15,464$23,941$541,895
5$16,151$23,255$525,744
6$16,868$22,538$508,877
7$17,616$21,790$491,261
8$18,398$21,008$472,863
9$19,214$20,191$453,648
10$20,067$19,338$433,581
11$20,958$18,448$412,623
12$21,888$17,518$390,735
13$22,859$16,546$367,876
14$23,874$15,532$344,002
15$24,934$14,472$319,068
16$26,040$13,366$293,028
17$27,196$12,210$265,832
18$28,403$11,003$237,429
19$29,663$9,742$207,766
20$30,980$8,426$176,786
21$32,355$7,051$144,431
22$33,791$5,615$110,640
23$35,291$4,115$75,349
24$36,857$2,549$38,493
25$38,493$913$0

At the end of your 5-year term

Total paid over the term
$197,028
Principal paid down
$74,176
Interest paid
$122,853
Balance remaining
$525,744

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 9 whole-home leases in Mimico$3,133/mo
$37,596Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,882 to $3,384Typical 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 9 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 $3,133. 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.

5.0%
Gross yield
− Property tax $3,115− Condo fees $9,248− Insurance $600− Vacancy & upkeep $4,136Net operating income $20,497

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

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