LPH19-2095 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13779414

$3,999,900
For Sale
Listed 6 days agoNo offer date stated
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3Bedrooms
4Bathrooms
4Garage
4500-4749Sq ft

About this home

In short

  • NEW PRICE - EXCEPTIONAL VALUE! Now offered at $3,999,900, presenting a rare opportunity to acquire an extraordinary penthouse of remarkable scale and presence at the...
  • Offering over 4,500 sq. ft. of luxurious living space, this exceptional residence features 10' ceilings with intricate crown moulding and two elevators providing...
  • The gourmet kitchen is equipped with top-of-the-line appliances, complemented by a grand marble entranceway, three cozy gas fireplaces and custom-built closets.
  • Step outside to the spectacular 1,331 sq. ft. private terrace with four walkouts, BBQ connection and water hookup, all framed by breathtaking panoramic views of Lake...
  • Don't let this exceptional opportunity slip away.EXTRAS: Cedar wine cellar accommodating up to 1,000 bottles; 4 prime parking spaces, including 2 with linear...

**NEW PRICE - EXCEPTIONAL VALUE!** Now offered at $3,999,900, presenting a rare opportunity to acquire an extraordinary penthouse of remarkable scale and presence at the prestigious Waterford Boutique Condo. Offering over 4,500 sq. ft. of luxurious living space, this exceptional residence features 10' ceilings with intricate crown moulding and two elevators providing direct access to your door. The gourmet kitchen is equipped with top-of-the-line appliances, complemented by a grand marble entranceway, three cozy gas fireplaces and custom-built closets. Step outside to the spectacular 1,331 sq. ft. private terrace with four walkouts, BBQ connection and water hookup, all framed by breathtaking panoramic views of Lake Ontario and the Toronto skyline. A truly distinctive residence offering space, privacy and luxury that are increasingly difficult to replicate in Toronto's condominium market. Don't let this exceptional opportunity slip away.**EXTRAS:** Cedar wine cellar accommodating up to 1,000 bottles; 4 prime parking spaces, including 2 with linear garage-door enclosures for added privacy and protection; 2 private locker rooms conveniently located directly behind the parking spaces; purchase price includes all crystal chandeliers.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13779414
Bedrooms
3
Bathrooms
4 (1 half)
Size
4500-4749 sq ft
Cross streets
Lakeshore/Marine Parade
Parking
4 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$6,304/mo
Exposure
South East
Property tax
$21,815 / 2026
Days on market
6
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Bedroom 2Main5.36 × 3.66 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Family RoomMain5.82 × 3.99 m

built-in speakers · stone floor · crown moulding

Dining RoomMain7.34 × 5.59 m

w/o to terrace · coffered ceiling(s) · 2 way fireplace

Bedroom 3Main5.44 × 3.18 m

hardwood floor · b/i closet · 3 pc ensuite

LibraryMain5.18 × 3.96 m

hardwood floor · 2 way fireplace · b/i bookcase

BreakfastMain3.61 × 3.25 m

b/i shelves · stone floor · walk-out

Living RoomMain7.31 × 5.15 m

w/o to terrace · coffered ceiling(s) · 2 way fireplace

KitchenMain5.11 × 4.52 m

b/i appliances · halogen lighting · granite counters

SittingMain5.38 × 3.17 m

hardwood floor · french doors · separate room

Primary BedroomMain7.75 × 7.04 m

6 pc ensuite · fireplace · walk-in closet(s)

DenMain4.16 × 3.68 m

circular room · hardwood floor · crown moulding

SittingMain6.83 × 4.47 m

hardwood floor · b/i shelves · coffered ceiling(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$3.87Mlikely closing

Listed at $3,999,900 with no offer date. Homes here have been closing close to ask, so my read is $3.87M, typically $3.77M to $3.94M. Comparable closings on their own put this home around $4.29M, which supports the ask, so this is a firm read.

List price
$3.77MBelow recent closings$4.00MAbove recent closings

Total price vs nearby homes. Likely closing about $3.87M, 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
6days on market so far
$4,387/moest. rent · 5 leases
1.3%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 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 $865/sqft against an area asking average of $887/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 $765K. 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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 6 homes sold in this building over the past 14 months, from 499 closings in Mimico.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$1.66Mavg asking

Nothing 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 $4.29M, which is where my estimate comes from.

Per square foot, these ask about $700/sqft; this home lists at $865/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
4.00MThis home1.96M2.73M1.10M1.19M1.35MThis home vs active comparables

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.

Islington-City Centre West
$479K
Niagara
$1.10M
Waterfront Communities C1
$790K
Bay Street Corridor
$552K
Church-Yonge Corridor
$629K

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 · 1.3 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
David Hornell Junior School · Public elementary1.5 km · 68% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.6 km · 78% at standard
Karen Kain School of the Arts · Public elementary1.9 km · 76% at standard
St Louis Catholic School · Catholic elementary2.0 km · 76% at standard
George R Gauld Junior School · Public elementary2.0 km · 73% at standard
Etobicoke School of the Arts · Public secondary2.2 km · 80% at standard
St Leo Catholic School · Catholic elementary2.3 km · 82% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.4 km · 88% at standard
John English Junior Middle School · Public elementary2.4 km · 73% at standard

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

Affordability & Mortgage

Affordability
$18,230/mo
$874KIncome needed
4.6×Price ÷ income
$4,207Weekly cost
$182,944Land 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.

69%mortgage
Mortgage $18,230Property tax $1,818Condo fee $6,304Total carry $26,352

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$17,516per month

Mortgage amount $3,199,920 · 4.39% over 25 years

$799,980Down payment (20.0%)
$3,199,920Loan before insurance
$0CMHC premium
$25,637Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,516
Property tax
$1,818
Condo / maintenance fees
$6,304
Heating
$0
Estimated monthly cost
$25,637

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

One-time closing costs

Ontario land transfer tax
$86,473
Toronto municipal land transfer tax
$96,472
Estimated closing costs
$182,944

Plus your down payment of $799,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$21,221/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

$2,054,741Total interest paid
$5,254,661Total of all payments
Principal $3,199,920 Interest $2,054,741
YearPrincipalInterestBalance
1$72,410$137,776$3,127,510
2$75,624$134,563$3,051,886
3$78,980$131,206$2,972,906
4$82,486$127,701$2,890,420
5$86,146$124,040$2,804,274
6$89,970$120,217$2,714,304
7$93,963$116,224$2,620,341
8$98,133$112,053$2,522,208
9$102,488$107,698$2,419,720
10$107,037$103,150$2,312,683
11$111,787$98,399$2,200,895
12$116,749$93,438$2,084,147
13$121,930$88,256$1,962,216
14$127,342$82,845$1,834,874
15$132,993$77,193$1,701,881
16$138,896$71,291$1,562,985
17$145,060$65,126$1,417,925
18$151,498$58,688$1,266,426
19$158,222$51,964$1,108,204
20$165,244$44,942$942,960
21$172,578$37,608$770,382
22$180,238$29,949$590,144
23$188,237$21,950$401,907
24$196,591$13,595$205,316
25$205,316$4,870$0

At the end of your 5-year term

Total paid over the term
$1,050,932
Principal paid down
$395,646
Interest paid
$655,286
Balance remaining
$2,804,274

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 5 whole-home leases in Mimico$4,387/mo
$52,644Gross annual rent
-1.3%Cap rate after taxes and upkeep
$3,861 to $5,575Typical 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 5 whole-home leases in Mimico signed at a median of $2,990 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,387. 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.

1.3%
Gross yield
− Property tax $21,815− Condo fees $75,651− Insurance $600− Vacancy & upkeep $5,791Net operating income $-51,213

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

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