610-2267 Lakeshore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13842646

$818,000
For Sale
Listed 16 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Sought After Marina Del Rey Community.
  • This Well Managed Resort Like Care Free Complex Consists Of 3 Buildings On A 13 Acres Private Property, Offers The Exclusive Malibu Club Include An Indoor Pool, Hot...
  • Prime Waterfront Location With Direct Access to the Lake Front Boardwalks, Just Steps To Humber Bay Shores Trails, Parks, Marinas, Cafes, Restaurants, And Daily...

Sought After Marina Del Rey Community. A Gem Is Mimico, Etobicoke. This Well Managed Resort Like Care Free Complex Consists Of 3 Buildings On A 13 Acres Private Property, Offers The Exclusive Malibu Club Include An Indoor Pool, Hot Tub, Sauna, And Squash Court, A Fully Equipped Gym With Fitness Classes, Party Room, Library, Games Room, And Resident Lounge And The Outdoor Tennis Courts, A Furnished Lakefront Patio With BBQs, And A Community Herb Garden, All Within A Secure Gated Community With 24 Hour Concierge. Prime Waterfront Location With Direct Access to the Lake Front Boardwalks, Just Steps To Humber Bay Shores Trails, Parks, Marinas, Cafes, Restaurants, And Daily Conveniences, With Quick Access To Downtown Toronto Via Transit And Major Highways. Mid Level South Sunny Exposure Overlooking Trees, Marina And The Lake, An Irreplaceable Property Value. Good Size Two Bedroom Plus Den Layout With Wall to Wall Tall Windows In All Rooms, Perfect Suite For Yonge Families or Retirees.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13842646
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
LAKESHORE BLVD W/PARKLAWN
Parking
1 garage (underground)
Basement
None
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$987/mo
Exposure
South
Property tax
$3,399 / 2026
Days on market
16
Listing brokerage
CENTURY 21 HERITAGE GROUP LTD.

Rooms

Living RoomFlat6.55 × 3.58 m

overlook water · broadloom

DenFlat2.74 × 1.98 m

open concept · window · broadloom

KitchenFlat2.74 × 1.83 m

overlooks dining · breakfast bar · ceramic floor

Dining RoomFlat6.55 × 3.58 m

combined w/living · open concept · broadloom

Bedroom 2Flat3.12 × 2.74 m

double closet · broadloom

Primary BedroomFlat4.88 × 3.12 m

w/o to balcony · walk-in closet(s) · 4 pc ensuite

Our TakeTeam Asgarian · Broker
A small discount is typical
$794Klikely sale price

Listed at $818,000. 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 $794K, if it sells. A realistic range is $748K to $859K.

Independent value check: $729K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $678K and $766K).

Why $729K. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $3,399 a year; the typical home sold here pays about $2,800.
  • ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it2+1 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$748KBelow recent closings$859KAbove recent closings

Total price vs nearby homes. Likely closing about $794K, from 106 recent closings in this pocket.

The market behind the math:

106sold nearby · 90 days
$609Kmedian sold price
96%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
16days on market so far
$3,377/moest. rent · 277 leases
5.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 35 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 $862/sqft against an area asking average of $830/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 $711K. 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
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 ($862/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 9 homes sold in this building over the past 14 months, from 499 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.

Islington-City Centre West
$435K
Niagara
$724K
Waterfront Communities C1
$569K
Bay Street Corridor
$629K
Church-Yonge Corridor
$586K

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 elementary1.2 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
Étienne Brûlé Junior School · Public elementary1.8 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
Second Street Junior Middle School · Public elementary2.2 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
$3,728/mo
$173KIncome needed
4.7×Price ÷ income
$860Weekly cost
$25,670Land 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 $3,728Property tax $283Condo fee $987Total carry $4,998

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)
$3,618per month

Mortgage amount $654,400 · 4.49% over 25 years

$163,600Down payment (20.0%)
$654,400Loan before insurance
$0CMHC premium
$4,889Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,618
Property tax
$283
Condo / maintenance fees
$987
Heating
$0
Estimated monthly cost
$4,889

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

One-time closing costs

Ontario land transfer tax
$12,835
Toronto municipal land transfer tax
$12,835
Estimated closing costs
$25,670

Plus your down payment of $163,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,379/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

$431,087Total interest paid
$1,085,487Total of all payments
Principal $654,400 Interest $431,087
YearPrincipalInterestBalance
1$14,603$28,816$639,797
2$15,266$28,153$624,530
3$15,960$27,460$608,570
4$16,684$26,735$591,886
5$17,442$25,978$574,444
6$18,234$25,186$556,211
7$19,062$24,358$537,149
8$19,927$23,492$517,222
9$20,832$22,588$496,390
10$21,778$21,642$474,612
11$22,766$20,653$451,846
12$23,800$19,619$428,046
13$24,881$18,539$403,165
14$26,011$17,409$377,154
15$27,191$16,228$349,963
16$28,426$14,993$321,537
17$29,717$13,703$291,820
18$31,066$12,353$260,754
19$32,477$10,943$228,278
20$33,951$9,468$194,327
21$35,493$7,927$158,834
22$37,104$6,315$121,730
23$38,789$4,631$82,941
24$40,550$2,870$42,391
25$42,391$1,028$0

At the end of your 5-year term

Total paid over the term
$217,097
Principal paid down
$79,956
Interest paid
$137,142
Balance remaining
$574,444

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 277 whole-home leases in Mimico$3,377/mo
$40,524Gross annual rent
2.5%Cap rate after taxes and upkeep
$3,208 to $3,546Typical 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 277 whole-home leases in Mimico signed at a median of $2,950 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,377. 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.

5.0%
Gross yield
− Property tax $3,399− Condo fees $11,841− Insurance $600− Vacancy & upkeep $4,458Net operating income $20,227

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.

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