602-2230 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13831358

$649,000
For Sale
Listed 20 days agoNo offer date stated
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2Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Lake Ontario views over a lush canopy of treetops set the scene for this bright corner two-bedroom suite at Beyond the Sea.
  • Floor-to-ceiling windows wrap the living area on two sides, bringing natural light into the open-concept layout throughout the day, from morning coffee by the water...
  • Residents enjoy an indoor pool, whirlpool and sauna, a fitness centre and studio, a playroom, concierge service and a beautifully landscaped garden terrace with...

Lake Ontario views over a lush canopy of treetops set the scene for this bright corner two-bedroom suite at Beyond the Sea. Floor-to-ceiling windows wrap the living area on two sides, bringing natural light into the open-concept layout throughout the day, from morning coffee by the water to sunset over dinner. The kitchen pairs granite counters and stainless steel appliances with generous white cabinetry and a breakfast bar seating three, flowing into the living and dining space and its beautiful floors. Step out from the living room onto a spacious balcony with room for a full outdoor lounge setting and wide views of the lake, plus a second balcony overlooking the landscaped courtyard. The primary bedroom offers a quiet retreat with a custom built-in wardrobe, while the second bedroom features a full wall of built-in storage and sliding glass doors that welcome light from the main living area. Mirrored double closets at the entry, a full bath, parking and a locker round out the suite. Residents enjoy an indoor pool, whirlpool and sauna, a fitness centre and studio, a playroom, concierge service and a beautifully landscaped garden terrace with cabanas and lounge seating. Humber Bay Shores puts the waterfront trail, parks, restaurants and groceries within easy walking distance. TTC runs right at your door, the Gardiner Expressway is moments away for a quick drive downtown, and Mimico GO is a short trip. Book your private showing today.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13831358
Bedrooms
2
Bathrooms
1
Size
700-799 sq ft
Cross streets
Park Lawn Rd / Lake Shore Blvd W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$730/mo
Exposure
South
Property tax
$3,038 / 2026
Days on market
20
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

BathroomFlat2.18 × 1.47 m

tile floor · 3 pc ensuite

KitchenFlat4.85 × 2.54 m

centre island · quartz counter · stainless steel appl

Bedroom 2Flat3.45 × 2.99 m

laminate · north view

Primary BedroomMain3.05 × 3.18 m

hardwood floor · large window · w/o to balcony

BedroomFlat3.58 × 3.40 m

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

Living RoomFlat6.42 × 2.18 m

open concept · combined w/dining · w/o to balcony

BedroomMain3.05 × 2.59 m

hardwood floor · closet

Dining RoomFlat6.42 × 2.18 m

open concept · combined w/living · w/o to balcony

KitchenMain2.87 × 2.44 m

hardwood floor · breakfast bar · open concept

FoyerFlat3.88 × 1.24 m

laminate · closet

Dining RoomMain4.29 × 4.19 m

hardwood floor · combined w/living · large window

BathroomFlat2.41 × 1.57 m

4 pc bath · tile floor · soaking tub

Our TakeTeam Asgarian · Broker
A small discount is typical
$630Klikely sale price

Listed at $649,000. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 106 local closings in 90 days), the likely sale price is near $630K, if it sells. A realistic range is $593K to $681K.

Independent value check: $600K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $559K and $631K).

Why $600K. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises it slightlyIts tax bill, which follows the city's own assessment, is $3,038 a year; the typical home sold here pays about $2,800.
List price
$593KBelow recent closings$681KAbove recent closings

Total price vs nearby homes. Likely closing about $630K, from 106 recent closings in this pocket.

The market behind the math:

106sold nearby · 90 days
$609Kmedian sold price
96%of asking, on average
+1%prices vs a year ago
~35 dayshomes like this take to sell
20days on market so far
$2,799/moest. rent · 5 leases
5.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.7 months of inventory: 61 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 $866/sqft against an area asking average of $863/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 106 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $672K. 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
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
  • 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

Priced above comparable homes overall, but the price per square foot ($866/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 4 homes sold in this building over the past two years, plus 1 nearby in Mimico, from 513 closings in Mimico.

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.

High Park-Swansea
$399K
Islington-City Centre West
$451K
Niagara
$645K
Waterfront Communities C1
$572K
Bay Street Corridor
$686K

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 · 0.5 km awayBelow the GTA average · 68% meet the provincial standard
Also nearby: 10 more schools within 2.5 km
George R Gauld Junior School · Public elementary1.3 km · 73% at standard
St Louis Catholic School · Catholic elementary1.5 km · 76% at standard
St Mark Catholic School · Catholic elementary1.5 km · 59% at standard
Étienne Brûlé Junior School · Public elementary1.6 km · 79% at standard
Karen Kain School of the Arts · Public elementary1.8 km · 76% at standard
Etobicoke School of the Arts · Public secondary2.0 km · 80% at standard
Park Lawn Junior and Middle School · Public elementary2.1 km · 71% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.3 km · 88% at standard
Second Street Junior Middle School · Public elementary2.4 km · 69% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.5 km · 78% at standard

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

Affordability & Mortgage

Affordability
$2,958/mo
$138KIncome needed
4.7×Price ÷ income
$683Weekly cost
$18,910Land 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.

75%mortgage
Mortgage $2,958Property tax $253Condo fee $730Total carry $3,941

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%
$
%
4.49%
%
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)
$2,871per month

Mortgage amount $519,200 · 4.49% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,854Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,871
Property tax
$253
Condo / maintenance fees
$730
Heating
$0
Estimated monthly cost
$3,854

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,475/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

$342,024Total interest paid
$861,224Total of all payments
Principal $519,200 Interest $342,024
YearPrincipalInterestBalance
1$11,586$22,863$507,614
2$12,112$22,337$495,501
3$12,662$21,787$482,839
4$13,237$21,212$469,602
5$13,838$20,611$455,763
6$14,467$19,982$441,297
7$15,123$19,325$426,173
8$15,810$18,639$410,363
9$16,528$17,921$393,835
10$17,278$17,171$376,557
11$18,063$16,386$358,494
12$18,883$15,566$339,611
13$19,740$14,709$319,870
14$20,637$13,812$299,234
15$21,574$12,875$277,660
16$22,553$11,896$255,107
17$23,577$10,872$231,530
18$24,648$9,801$206,882
19$25,767$8,682$181,115
20$26,937$7,512$154,178
21$28,160$6,289$126,019
22$29,438$5,011$96,580
23$30,775$3,674$65,805
24$32,172$2,277$33,633
25$33,633$816$0

At the end of your 5-year term

Total paid over the term
$172,245
Principal paid down
$63,437
Interest paid
$108,808
Balance remaining
$455,763

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$2,799/mo
$33,588Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,463 to $3,134Typical 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 $3,503 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,799. 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.

5.2%
Gross yield
− Property tax $3,038− Condo fees $8,760− Insurance $600− Vacancy & upkeep $3,695Net operating income $17,495

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

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