301-2287 Lake Shore Road, Toronto, ON
Mimico, Toronto · MLS® W13834436
About this home
In short
- Behind gated grounds and a fountain courtyard, Grand Harbour has long been one of Mimico's most sought-after waterfront addresses: three towers set apart by old-world...
- Suite 301 offers 2 bedrooms plus a generous den that could be used as an additional bedroom or fitness studio.
- Offering 1,467 sq ft with a rare south west exposure and a private terrace.
- Inside, herringbone hardwood flooring runs throughout, with marble finishes carried through both bathrooms and custom built-in bookcases in the living room.
- Grand Harbour's amenities rival a private club: 24-hour concierge and security, a saltwater indoor pool, a fully equipped fitness centre, an elegant party room and...
Behind gated grounds and a fountain courtyard, Grand Harbour has long been one of Mimico's most sought-after waterfront addresses: three towers set apart by old-world architecture, a marble-clad lobby and a level of craftsmanship rarely built today.Suite 301 offers 2 bedrooms plus a generous den that could be used as an additional bedroom or fitness studio. This suite has been meticulously cared for and is ready for its next owner. Offering 1,467 sq ft with a rare south west exposure and a private terrace. Inside, herringbone hardwood flooring runs throughout, with marble finishes carried through both bathrooms and custom built-in bookcases in the living room. The primary bedroom looks out over Grand Harbour's own courtyard gardens, a quiet, manicured world tucked within the building's brick enclave. The suite also comes with its own exclusive wine storage.Grand Harbour's amenities rival a private club: 24-hour concierge and security, a saltwater indoor pool, a fully equipped fitness centre, an elegant party room and guest suites for visiting family and friends, all set against gardens, fountains and a charming gazebo that make coming home feel like arriving somewhere peaceful.A short two minute walk to the marina to enjoy the boats and waterfront trails, or step onto the streetcar right outside your door for a convenient ride into downtown Toronto. Twenty minutes to the airport keeps travel, whether for business or leisure, effortless. Grand Harbour is a rare chance to own in one of the city's most established waterfront communities - built for the sophisticated and discerning buyer.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- W13834436
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1400-1599 sq ft
- Cross streets
- Park Lawn and Lake Shore Blvd W
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stone, Stucco (Plaster)
- Maintenance
- $1,948/mo
- Exposure
- South West
- Property tax
- $4,251 / 2026
- Days on market
- 21
- Listing brokerage
- RE/MAX ABOUTOWNE REALTY CORP.
Rooms
4 Pc Ensuite
Walk-In Closet(s)
3 Pc Bath
Listed at $1,049,000. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 105 local closings in 90 days), the likely sale price is near $1.02M, if it sells. A realistic range is $958K to $1.10M.
Independent value check: $1.02M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $953K and $1.08M).
Why $1.02M. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,400 to 1,599 sq ft; the typical home sold here is 700 to 799.
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,251 a year; the typical home sold here pays about $2,800.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises it2 bedrooms and 2 baths, against 1+1 and 2 typically.
Total price vs nearby homes. Likely closing about $1.02M, from 105 recent closings in this pocket.
The market behind the math:
About 0.2 months of inventory: 7 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 $700/sqft against an area asking average of $841/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 105 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $874K. 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- 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.
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 3 homes sold in this building over the past two years, plus 2 nearby in Mimico, from 501 closings in Mimico.
For sale
For sale
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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 $1.02M, which is where my estimate comes from.
Per square foot, these ask about $847/sqft; this home lists at $700/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Mimico: $560K in September 2026, up 1% from a year ago, on 470 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $610K | 43 |
| November 2025 | $580K | 37 |
| December 2025 | $650K | 31 |
| January 2026 | $592K | 30 |
| February 2026 | $605K | 31 |
| March 2026 | $645K | 48 |
| April 2026 | $642K | 48 |
| May 2026 | $610K | 30 |
| June 2026 | $602K | 49 |
| July 2026 | $695K | 41 |
| August 2026 | $595K | 45 |
| September 2026 | $560K | 37 |
Neighbourhood & 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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $839,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,640
- Property tax
- $354
- Condo / maintenance fees
- $1,948
- Heating
- $0
- Estimated monthly cost
- $6,942
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,455
- Toronto municipal land transfer tax
- $17,455
- Estimated closing costs
- $34,910
Plus your down payment of $209,800. 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
- $278,405
- Principal paid down
- $102,535
- Interest paid
- $175,870
- Balance remaining
- $736,665
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 30 whole-home leases in Mimico signed at a median of $3,800 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,301. 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 ABOUTOWNE REALTY CORP.. MLS®/PropTx.