1908-2285 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13813872

$1,599,000
For Sale
Listed 24 days agoNo offer date stated
Request a showing
◎ Directions
2Bedrooms
3Bathrooms
2Garage
1400-1599Sq ft

About this home

In short

  • Welcome to suite 1908 in the majestic Grand Harbour.
  • This unit spans over 1900 sqft of total well laid out living space and boasts a private terrace (bbq's allowed) and separate balcony capturing spectacular vistas of...
  • The primary bedroom shows off a stunning 5 piece ensuite covered in timeless carrara marble along with two separate walk in closets.
  • With hardwood floors and designer lighting throughout, a separate laundry room, 2 owned parking spaces and a storage locker, this condo checks every box.
  • Also included are the 5 star amenities such as salt water indoor pool and saunas, squash courts, workout gym, 24 hour concierge, outdoor paths and gardens, car wash...

Welcome to suite 1908 in the majestic Grand Harbour. This unit spans over 1900 sqft of total well laid out living space and boasts a private terrace (bbq's allowed) and separate balcony capturing spectacular vistas of the lake, marina and a stunning sunsets every night! With a spacious and functional floor plan, this suite is ideal for everyday living and entertaining alike. The welcoming foyer/main entrance is very inviting and features must have double closet storage and a powder room. The updated kitchen with granite counters opens up to the main living space featuring an island equipped with wine fridge, dining room suitable for large family gatherings and comfortable living and a family room while all being surrounded by natural light and remarkable views from each and every angle. The primary bedroom shows off a stunning 5 piece ensuite covered in timeless carrara marble along with two separate walk in closets. Bedroom #2 also has its own ensuite bathroom and an extra large floor to ceiling mirrored closet. With hardwood floors and designer lighting throughout, a separate laundry room, 2 owned parking spaces and a storage locker, this condo checks every box. You will be hard pressed to find a suite quite like 1908. The property is meticulously maintained with an attractively low monthly maintenance fee that covers all utilities including but not limited to cable tv and internet! Also included are the 5 star amenities such as salt water indoor pool and saunas, squash courts, workout gym, 24 hour concierge, outdoor paths and gardens, car wash, planned social events and gatherings and much much more. Situated on Lake Ontario overlooking the Mimico Harbour offering the best of both worlds...only steps away from the boardwalk and it's many paths and parks while still only minutes drive into downtown Toronto! Floor plan and virtual tour are available but this property must truly must be seen and touched to be fully appreciated. Book a Showing Today!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13813872
Bedrooms
2
Bathrooms
3 (1 half)
Size
1400-1599 sq ft
Cross streets
Lake Shore Blvd W & Park Lawn Rd
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,688/mo
Exposure
South
Property tax
$5,256 / 2025
Days on market
24
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

FoyerMain3.97 × 3.18 m

hardwood floor · 2 pc bath · glass doors

Dining RoomMain3.69 × 4.89 m

hardwood floor · w/o to balcony · open concept

Family RoomMain4.07 × 7.11 m

hardwood floor · picture window · w/o to terrace

Living RoomMain4.07 × 7.11 m

hardwood floor · picture window · w/o to terrace

Bedroom 2Main6.23 × 3.77 m

hardwood floor · 3 pc ensuite · mirrored closet

KitchenMain6.11 × 4.51 m

granite counters · hardwood floor · pantry

LaundryMain0.98 × 2.61 m

B/I Shelves

BedroomMain3.18 × 5.88 m

hardwood floor · 5 pc ensuite · walk-in closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.55Mlikely sale price

Listed at $1,599,000. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 107 local closings in 90 days), the likely sale price is near $1.55M, if it sells. A realistic range is $1.46M to $1.68M.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$1.46MBelow recent closings$1.68MAbove recent closings

Total price vs nearby homes. Likely closing about $1.55M, from 107 recent closings in this pocket.

The market behind the math:

107sold nearby · 90 days
$603Kmedian sold price
96%of asking, on average
+3%prices vs a year ago
~35 dayshomes like this take to sell
24days on market so far
$4,251/moest. rent · 5 leases
3.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.4 months of inventory: 13 condo apartment homes for sale in the area against 107 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 $1,066/sqft against an area asking average of $803/sqft.

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 107 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $893K. 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Primary suite: a key comfort and resale feature. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. 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.

Based on 8 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
$1.21Mavg 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 $1.11M, which is where my estimate comes from.

Per square foot, these ask about $834/sqft; this home lists at $1,066/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.60MThis home1.20M1.65M938k1.05MThis home vs active comparables

Sold price trend

Median sold price for condos in Mimico: $560K in September 2026, up 1% from a year ago, on 469 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$610K43
November 2025$580K37
December 2025$650K31
January 2026$592K30
February 2026$605K31
March 2026$645K48
April 2026$642K48
May 2026$610K30
June 2026$602K49
July 2026$695K41
August 2026$595K45
September 2026$560K36

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
$435K
Niagara
$693K
Waterfront Communities C1
$571K
Bay Street Corridor
$708K
Church-Yonge Corridor
$659K

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 David Hornell Junior School
68%
David Hornell Junior SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 9 more schools within 2.5 km
George R Gauld Junior School · Public elementary1.0 km · 73% at standard
St Louis Catholic School · Catholic elementary1.4 km · 76% at standard
St Mark Catholic School · Catholic elementary1.8 km · 59% at standard
Karen Kain School of the Arts · Public elementary1.8 km · 76% at standard
Étienne Brûlé Junior School · Public elementary1.9 km · 79% at standard
Etobicoke School of the Arts · Public secondary1.9 km · 80% at standard
Second Street Junior Middle School · Public elementary2.0 km · 69% at standard
Park Lawn Junior and Middle School · Public elementary2.3 km · 71% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.3 km · 88% at standard

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

Affordability & Mortgage

Affordability
$7,288/mo
$325KIncome needed
4.9×Price ÷ income
$1,682Weekly cost
$56,910Land 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 $7,288Property tax $438Condo fee $1,688Total carry $9,413

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.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,073per month

Mortgage amount $1,279,200 · 4.49% over 25 years

$319,800Down payment (20.0%)
$1,279,200Loan before insurance
$0CMHC premium
$9,199Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,073
Property tax
$438
Condo / maintenance fees
$1,688
Heating
$0
Estimated monthly cost
$9,199

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

One-time closing costs

Ontario land transfer tax
$28,455
Toronto municipal land transfer tax
$28,455
Estimated closing costs
$56,910

Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,561/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

$842,675Total interest paid
$2,121,875Total of all payments
Principal $1,279,200 Interest $842,675
YearPrincipalInterestBalance
1$28,546$56,329$1,250,654
2$29,842$55,033$1,220,811
3$31,197$53,678$1,189,614
4$32,614$52,261$1,157,000
5$34,095$50,780$1,122,905
6$35,643$49,232$1,087,263
7$37,261$47,614$1,050,002
8$38,953$45,922$1,011,049
9$40,721$44,154$970,327
10$42,570$42,305$927,757
11$44,503$40,372$883,254
12$46,524$38,351$836,730
13$48,636$36,239$788,094
14$50,844$34,031$737,249
15$53,153$31,722$684,096
16$55,566$29,309$628,530
17$58,089$26,786$570,441
18$60,727$24,148$509,714
19$63,484$21,391$446,230
20$66,366$18,509$379,863
21$69,380$15,495$310,483
22$72,530$12,345$237,953
23$75,823$9,052$162,130
24$79,266$5,609$82,865
25$82,865$2,010$0

At the end of your 5-year term

Total paid over the term
$424,375
Principal paid down
$156,295
Interest paid
$268,080
Balance remaining
$1,122,905

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$4,251/mo
$51,012Gross annual rent
1.2%Cap rate after taxes and upkeep
$3,741 to $4,761Typical rent range
~18 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 $3,075 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,251. 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.

3.2%
Gross yield
− Property tax $5,256− Condo fees $20,251− Insurance $600− Vacancy & upkeep $5,611Net operating income $19,293

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

CallRequest a showing