1701-2269 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13838454

$739,000
For Sale
Listed 20 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Floor-to-ceiling South West windows frame open lake views and sunsets from this 2-storey, 2-bedroom loft on the 16th floor of Marina Del Rey III, right at the water's...
  • The renovated kitchen wraps around and opens directly to the dining area: eat at the breakfast bar day to day, or set up a full table when you host.
  • A spiral staircase leads to two bedrooms, including a primary with a 4-piece ensuite and custom closet, with a powder room on the main floor.
  • Residents have access to the Malibu Club: indoor pool, saunas, whirlpool, squash, outdoor tennis, and a party room that opens onto a lake-view deck with BBQs.

Floor-to-ceiling South West windows frame open lake views and sunsets from this 2-storey, 2-bedroom loft on the 16th floor of Marina Del Rey III, right at the water's edge in Humber Bay Shores. All-inclusive maintenance fees in this well managed building keeps monthly costs consistently predictable. The main level has been refreshed with a new kitchen, powder room, lighting, flooring, smooth ceilings and fresh paint throughout. The renovated kitchen wraps around and opens directly to the dining area: eat at the breakfast bar day to day, or set up a full table when you host. A spiral staircase leads to two bedrooms, including a primary with a 4-piece ensuite and custom closet, with a powder room on the main floor. Parking is included, and all-inclusive maintenance keeps monthly costs predictable. Residents have access to the Malibu Club: indoor pool, saunas, whirlpool, squash, outdoor tennis, and a party room that opens onto a lake-view deck with BBQs. Outside, the WaterfrontTrail connects marinas, yacht clubs and Humber Bay Park, with the Lake Shore streetcar at your door and the Gardiner minutes away.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
W13838454
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199 sq ft
Cross streets
Lakeshore Blvd W & Parklawn Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick Front
Foundation
Concrete, Concrete Block
Maintenance
$1,062/mo
Exposure
South West
Property tax
$3,092 / 2026
Days on market
20
Listing brokerage
PROPERTY.CA INC.

Rooms

KitchenMain2.60 × 2.90 m

tile floor · stainless steel appl · backsplash

Bedroom 2Second4.27 × 3.35 m

vinyl floor · closet · separate room

Dining RoomMain2.74 × 2.59 m

sw view · vinyl floor

Primary BedroomSecond4.87 × 3.27 m

vinyl floor · closet · 4 pc ensuite

Living RoomMain4.14 × 4.80 m

open concept · window · vinyl floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

Neighbourhood & location

Mimico, Toronto, ON

CommuteTime from this home to where you spend your day

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Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$724K
Dovercourt-Wallace Emerson-Junction
$640K
Waterfront Communities C1
$610K
Markland Wood
$680K
Kensington-Chinatown
$585K

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 · 0.4 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 elementary1.1 km · 73% at standard
St Louis Catholic School · Catholic elementary1.5 km · 76% at standard
St Mark Catholic School · Catholic elementary1.7 km · 59% at standard
Karen Kain School of the Arts · Public elementary1.8 km · 76% at standard
Étienne Brûlé Junior School · Public elementary1.8 km · 79% at standard
Etobicoke School of the Arts · Public secondary2.0 km · 80% at standard
Second Street Junior Middle School · Public elementary2.1 km · 69% at standard
Park Lawn Junior and Middle School · Public elementary2.2 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
$3,368/mo
$160KIncome needed
4.6×Price ÷ income
$777Weekly cost
$22,510Land 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.

72%mortgage
Mortgage $3,368Property tax $258Condo fee $1,062Total carry $4,688

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,269per month

Mortgage amount $591,200 · 4.49% over 25 years

$147,800Down payment (20.0%)
$591,200Loan before insurance
$0CMHC premium
$4,589Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,269
Property tax
$258
Condo / maintenance fees
$1,062
Heating
$0
Estimated monthly cost
$4,589

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

One-time closing costs

Ontario land transfer tax
$11,255
Toronto municipal land transfer tax
$11,255
Estimated closing costs
$22,510

Plus your down payment of $147,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,956/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

$389,454Total interest paid
$980,654Total of all payments
Principal $591,200 Interest $389,454
YearPrincipalInterestBalance
1$13,193$26,033$578,007
2$13,792$25,434$564,215
3$14,418$24,808$549,797
4$15,073$24,153$534,724
5$15,757$23,469$518,966
6$16,473$22,753$502,494
7$17,221$22,005$485,273
8$18,003$21,224$467,270
9$18,820$20,406$448,450
10$19,674$19,552$428,776
11$20,568$18,658$408,208
12$21,502$17,725$386,706
13$22,478$16,748$364,228
14$23,498$15,728$340,730
15$24,565$14,661$316,165
16$25,681$13,545$290,484
17$26,847$12,379$263,637
18$28,066$11,160$235,571
19$29,340$9,886$206,231
20$30,672$8,554$175,559
21$32,065$7,161$143,494
22$33,521$5,705$109,974
23$35,043$4,183$74,931
24$36,634$2,592$38,297
25$38,297$929$0

At the end of your 5-year term

Total paid over the term
$196,131
Principal paid down
$72,234
Interest paid
$123,897
Balance remaining
$518,966

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.

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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
Estimate$3,400/mo
$40,800Gross annual rent
2.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.5%
Gross yield
− Property tax $3,092− Condo fees $12,745− Insurance $600− Vacancy & upkeep $4,488Net operating income $19,875

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PROPERTY.CA INC.. MLS®/PropTx.

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