3201-2269 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W13784838
About this home
In short
- Experience sophisticated waterfront living at the award-winning Marina Del Rey.
- This exceptional penthouse-level residence offers spectacular sunset views, nearly 1,400 sq. ft. of elegant interior living space, and an impressive 490 sq. ft. wrap...
- The spacious open-concept living and dining area features an elegant fireplace, custom built-ins, automated blinds, and wall-to-wall windows that flood the home with...
- The versatile second bedroom is ideal as a guest suite, den, or home office and is conveniently located adjacent to a newly renovated second bathroom.
- Enjoy true resort-style living with exclusive access to the 34th Floor of Phase III and the renowned Malibu Club, featuring an indoor pool, fitness centre, tennis and...
Experience sophisticated waterfront living at the award-winning Marina Del Rey. This exceptional penthouse-level residence offers spectacular sunset views, nearly 1,400 sq. ft. of elegant interior living space, and an impressive 490 sq. ft. wrap around balcony with five walk-outs, seamlessly blending indoor and outdoor living. Situated on the exclusive penthouse level with only four suites per floor, this residence offers exceptional privacy and tranquility. The spacious open-concept living and dining area features an elegant fireplace, custom built-ins, automated blinds, and wall-to-wall windows that flood the home with natural light. The kitchen is beautifully appointed with granite countertops, marble and limestone flooring. The generous primary suite serves as a luxurious private retreat, offering a spacious 4-piece ensuite, extensive custom built-ins, and multiple closets. The versatile second bedroom is ideal as a guest suite, den, or home office and is conveniently located adjacent to a newly renovated second bathroom. The popcorn ceilings have been removed throughout, creating a sleek, contemporary flat-ceiling finish. Enjoy true resort-style living with exclusive access to the 34th Floor of Phase III and the renowned Malibu Club, featuring an indoor pool, fitness centre, tennis and squash courts, saunas, billiards, library, party room, rooftop terrace, and more. Maintenance fees include all utilities, basic cable, and internet. The suite comes with two separate side-by side parking spaces. This premier waterfront address is steps from marinas, the Martin Goodman Trail, waterfront parks, cafes, and restaurants, and just minutes from downtown Toronto. A rare opportunity to enjoy luxury waterfront living with unparalleled amenities, breathtaking views, and exceptional convenience.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13784838
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399 sq ft
- Cross streets
- Park Lawn & Lake Shore Blvd W
- Parking
- 2 garage (underground)
- Basement
- Other
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Poured Concrete
- Roof
- Unknown
- Maintenance
- $1,355/mo
- Exposure
- North West
- Property tax
- $4,642 / 2026
- Days on market
- 5
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
tile floor · b/i closet
double closet · w/o to balcony · overlook water
tile floor · double closet
fireplace · hardwood floor · w/o to balcony
tile floor · granite counters · w/o to balcony
open concept · combined w/living · w/o to balcony
4 pc ensuite · his and hers closets · w/o to balcony
Listed at $1,329,000. Recent sales of homes like it put this home around $983K, so the ask is about 35% 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 $983K, learned from recent GTA sales.
The market behind the math:
About 0.7 months of inventory: 24 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.
Price per square foot: this home lists at $1,023/sqft against an area asking average of $821/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 178 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $933K. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit
The assigned public school is John English Junior Middle 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 are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 4 homes sold in this building over the past 14 months, plus 1 nearby in Mimico, from 499 closings in Mimico.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $907/sqft; this home lists at $1,023/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: 9 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 $1,063,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,820
- Property tax
- $387
- Condo / maintenance fees
- $1,355
- Heating
- $0
- Estimated monthly cost
- $7,562
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $23,055
- Toronto municipal land transfer tax
- $23,055
- Estimated closing costs
- $46,110
Plus your down payment of $265,800. 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
- $349,181
- Principal paid down
- $131,457
- Interest paid
- $217,724
- Balance remaining
- $931,743
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 6 whole-home leases in Mimico signed at a median of $3,584 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,022. 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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.