710-36 Park Lawn Road, Toronto, ON

Mimico, Toronto · MLS® W13844468

$678,900
For Sale
Listed 15 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Set in the heart of Mimico's waterfront community, this bright corner suite at 36 Park Lawn Rd offers a thoughtfully designed layout with abundant natural light and...
  • Large windows surround the principal rooms, creating an airy atmosphere throughout the open-concept living and dining areas.
  • The building offers a welcoming, family-friendly environment complemented by amenities including a fitness centre, party and media rooms, guest suites, and 24-hour...

Set in the heart of Mimico's waterfront community, this bright corner suite at 36 Park Lawn Rd offers a thoughtfully designed layout with abundant natural light and comfortable living space. Large windows surround the principal rooms, creating an airy atmosphere throughout the open-concept living and dining areas. The contemporary kitchen features stainless steel appliances and a centre island, providing a practical focal point for cooking, dining, and entertaining. Step outside to the private balcony and enjoy open city views with plenty of room to relax. The spacious primary bedroom offers generous closet space and ensuite access, while the second bedroom provides flexibility for children, guests, or a home office. One underground parking space and a locker add valuable everyday convenience. The building offers a welcoming, family-friendly environment complemented by amenities including a fitness centre, party and media rooms, guest suites, and 24-hour concierge service. Enjoy a highly connected Mimico location just moments from the waterfront, parks, trails, cafés, restaurants, groceries, and everyday essentials. Transit is easily accessible, with convenient access to the Gardiner Expressway and downtown Toronto. A well-rounded home offering space, functionality, and an excellent waterfront lifestyle.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13844468
Bedrooms
2
Bathrooms
2
Size
900-999 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
Maintenance
$884/mo
Exposure
South East
Property tax
$3,783 / 2026
Days on market
15
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

Bedroom 2Main3.06 × 3.35 m

window · laminate · closet

Living RoomMain6.72 × 3.06 m

open concept · combined w/dining · large window

Primary BedroomMain3.96 × 3.68 m

3 pc ensuite · his and hers closets · window

KitchenMain1.52 × 2.13 m

combined w/living · centre island · stainless steel appl

Our TakeTeam Asgarian · Broker
A small discount is typical
$659Klikely sale price

Listed at $678,900. 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 $659K, if it sells. A realistic range is $621K to $713K.

Independent value check: $743K. Without looking at the asking price, our model values the home itself about 9% above the ask (homes like it typically land between $691K and $781K).

Why $743K. 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 $3,783 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 bedrooms and 2 baths, against 1+1 and 2 typically.
List price
$621KBelow recent closings$713KAbove recent closings

Total price vs nearby homes. Likely closing about $659K, 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
15days on market so far
$3,153/moest. rent · 9 leases
5.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 37 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 $715/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 $653K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Étienne Brûlé Junior 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 10 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.

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 Étienne Brûlé Junior School
79%
Étienne Brûlé Junior SchoolPublic · Elementary · 1.4 km awayAbove the GTA average · 79% meet the provincial standard
Also nearby: 10 more schools within 2.5 km
David Hornell Junior School · Public elementary0.6 km · 68% at standard
George R Gauld Junior School · Public elementary1.2 km · 73% at standard
St Louis Catholic School · Catholic elementary1.3 km · 76% at standard
St Leo Catholic School · Catholic elementary1.4 km · 82% at standard
John English Junior Middle School · Public elementary1.5 km · 73% at standard
Karen Kain School of the Arts · Public elementary1.5 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.7 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.0 km · 88% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.3 km · 78% at standard
Second Street Junior Middle School · Public elementary2.5 km · 69% at standard

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

Affordability & Mortgage

Affordability
$3,094/mo
$148KIncome needed
4.6×Price ÷ income
$714Weekly cost
$20,106Land 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 $3,094Property tax $315Condo fee $884Total carry $4,293

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)
$3,003per month

Mortgage amount $543,120 · 4.49% over 25 years

$135,780Down payment (20.0%)
$543,120Loan before insurance
$0CMHC premium
$4,202Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,003
Property tax
$315
Condo / maintenance fees
$884
Heating
$0
Estimated monthly cost
$4,202

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

One-time closing costs

Ontario land transfer tax
$10,053
Toronto municipal land transfer tax
$10,053
Estimated closing costs
$20,106

Plus your down payment of $135,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,635/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

$357,781Total interest paid
$900,901Total of all payments
Principal $543,120 Interest $357,781
YearPrincipalInterestBalance
1$12,120$23,916$531,000
2$12,670$23,366$518,329
3$13,246$22,790$505,084
4$13,847$22,189$491,237
5$14,476$21,560$476,761
6$15,133$20,903$461,628
7$15,820$20,216$445,807
8$16,539$19,498$429,269
9$17,289$18,747$411,980
10$18,074$17,962$393,905
11$18,895$17,141$375,010
12$19,753$16,283$355,257
13$20,650$15,386$334,607
14$21,587$14,449$313,020
15$22,568$13,468$290,452
16$23,592$12,444$266,860
17$24,663$11,373$242,196
18$25,783$10,253$216,413
19$26,954$9,082$189,459
20$28,178$7,858$161,282
21$29,457$6,579$131,824
22$30,795$5,241$101,030
23$32,193$3,843$68,837
24$33,654$2,382$35,183
25$35,183$854$0

At the end of your 5-year term

Total paid over the term
$180,180
Principal paid down
$66,359
Interest paid
$113,821
Balance remaining
$476,761

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 9 whole-home leases in Mimico$3,153/mo
$37,836Gross annual rent
2.8%Cap rate after taxes and upkeep
$2,901 to $3,405Typical 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 9 whole-home leases in Mimico signed at a median of $2,400 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,153. 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.

5.6%
Gross yield
− Property tax $3,783− Condo fees $10,607− Insurance $600− Vacancy & upkeep $4,162Net operating income $18,684

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.

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