TH1-2212 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13765852
About this home
In short
- Welcome to this stylish 3-bedroom, 3-bathroom townhouse complete with 2 parking spaces, nestled in one of Toronto's most dynamic waterfront communities-Humber Bay Shores.
- Step inside to discover 9-foot smooth ceilings and engineered hardwood flowing throughout an open-concept layout.
Welcome to this stylish 3-bedroom, 3-bathroom townhouse complete with 2 parking spaces, nestled in one of Toronto's most dynamic waterfront communities-Humber Bay Shores! This thoughtfully designed home combines contemporary finishes with smart functionality. Step inside to discover 9-foot smooth ceilings and engineered hardwood flowing throughout an open-concept layout.The chef-inspired kitchen features extended upper cabinets, stainless steel appliances, a glass backsplash, pot lighting, and a generous quartz island built for effortless entertaining. The dining and living areas connect seamlessly to a private patio complete with a gas hookup, perfect for summer barbecues overlooking tranquil views.Upstairs, the spacious primary bedroom serves as a private retreat, while two additional bedrooms offer versatility for family, guests, or a dedicated home office. With three full/updated bathrooms, morning routines are seamless, and an included locker provides ample space for seasonal gear.Unbeatable location: walk to Sobeys, local cafés, top-rated restaurants, banks, parks, and waterfront trails, with quick transit access to downtown Toronto.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- W13765852
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399 sq ft
- Cross streets
- Park Lawn Rd. & Marine Parade Dr.
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,193/mo
- Exposure
- West
- Property tax
- $4,895 / 2026
- Days on market
- 10
- Listing brokerage
- RE/MAX ULTIMATE REALTY INC.
Rooms
hardwood floor · w/o to patio
closet · hardwood floor
4 pc ensuite · walk-in closet(s) · w/o to balcony
breakfast area · hardwood floor
combined w/kitchen · hardwood floor · w/o to patio
Listed at $1,350,000. Recent sales of homes like it put this home around $990K, so the ask is about 36% above them. A gap this wide is more often a limit of an automated comparison than a fact about the home, so treat the figure as a starting point, not a verdict.
Total price vs nearby homes. Fair value about $990K, learned from recent GTA sales.
The market behind the math:
About 1.7 months of inventory: 60 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.
Price per square foot: this home lists at $1,039/sqft against an area asking average of $866/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 16 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $885K. 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.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Hardwood floors: quality hardwood is durable and broadly desirable. 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
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 17 homes sold in this building over the past 14 months, from 499 closings in Mimico.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $990K, which is where my estimate comes from.
Per square foot, these ask about $1,094/sqft; this home lists at $1,039/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & 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: 10 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 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,080,000 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,912
- Property tax
- $408
- Condo / maintenance fees
- $1,193
- Heating
- $0
- Estimated monthly cost
- $7,513
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,475
- Toronto municipal land transfer tax
- $23,475
- Estimated closing costs
- $46,950
Plus your down payment of $270,000. 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
- $354,698
- Principal paid down
- $133,534
- Interest paid
- $221,164
- Balance remaining
- $946,466
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 17 whole-home leases in Mimico signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,935. 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 RE/MAX ULTIMATE REALTY INC.. MLS®/PropTx.