3606-2045 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13854052

$1,750,000
For Sale
Listed 14 days agoNo offer date stated
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2+1Bedrooms
3Bathrooms
2Garage
3000-3249Sq ft

About this home

In short

  • One of the best views in the building.
  • The open-concept kitchen is designed for both style and function, showcasing a marble peninsula, striking marble feature wall and backsplash overlooking the breakfast...
  • The primary suite offers two spacious walk-in closets, a private solarium with Juliette balcony overlooking the lake and west view, a luxurious 5-piece ensuite plus a...
  • The 2nd bedroom is currently used as an office/den.
  • Amenities include: Fitness and aerobics center, Restaurant, Club on 47th floor, media room, event kitchen stage for events, terraces, tennis court, putting green...

One of the best views in the building! Panoramic views of the Toronto Skyline, south and southwest views of Lake Ontario to be enjoyed by the floor-to-ceiling windows with automated blinds! As you enter the unit with the double door entry you will notice the elegant foyer and corridors featuring classic wainscoting, while marble and porcelain flooring flow throughout the suite.The open-concept kitchen is designed for both style and function, showcasing a marble peninsula, striking marble feature wall and backsplash overlooking the breakfast area and family room with a built-in wall unit and a view of the Toronto Skyline! The main living area has custom fireplace, custom built-in bar, dining area with butler pantry and Juliette balcony! The primary suite offers two spacious walk-in closets, a private solarium with Juliette balcony overlooking the lake and west view, a luxurious 5-piece ensuite plus a pop-up TV. The 2nd bedroom is currently used as an office/den. It was originally designed as a three-bedroom plus den layout. Two bedrooms have been transformed into a custom office/library with built-ins including 2 closets for hanging clothes and a fireplace, easily convertible back if desired. Many luxurious upgrades throughout the unit! Must see to appreciate the value! Amenities include: Fitness and aerobics center, Restaurant, Club on 47th floor, media room, event kitchen stage for events, terraces, tennis court, putting green, squash courts, golf simulator Table tennis room billiards room Party Room, convenience store, spa, arts and crafts room, childrens playroom , 24 hour concierge, 18 hour valet service, hourly bus service to downtown 6 days a week, 7 guest suites, large indoor swimming pool with whirlpool and sauna, EV Chargers available for use, pets allowed with restrictions

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13854052
Bedrooms
2+1 (3 total)
Bathrooms
3 (1 half)
Size
3000-3249 sq ft
Cross streets
Park Lawn/Lakeshore Rd.
Parking
2 garage (underground)
Basement
None
Heating
Water
A/C
Central Air
Exterior
Concrete Block, Concrete Poured
Maintenance
$3,803/mo
Exposure
South
Property tax
$8,476 / 2026
Days on market
14
Listing brokerage
Century 21 Miller Real Estate Ltd.

Rooms

BathroomMain2.30 × 1.60 m

3 Pc Bath

BathroomMain2.10 × 5.20 m

5 Pc Ensuite

BathroomMain1.40 × 1.40 m

2 Pc Bath

Great RoomMain8.10 × 8.50 m

combined w/dining · electric fireplace · wet bar

Family RoomMain4.90 × 6.20 m

b/i bookcase · combined w/kitchen

BedroomMain5.70 × 6.70 m

b/i bookcase · electric fireplace

Primary BedroomMain5.60 × 7.90 m

5 pc ensuite · closet organizers · juliette balcony

OtherMain2.30 × 3.20 m

Walk-In Closet(s)

KitchenMain3.90 × 4.20 m

B/I Appliances

LaundryMain2.30 × 2.80 m
OtherMain4.20 × 1.30 m

Walk-In Closet(s)

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.70Mlikely sale price

Listed at $1,750,000. Going by how homes in Mimico have actually closed against their asking prices (about 97%, 110 local closings in 90 days), the likely sale price is near $1.70M, if it sells. A realistic range is $1.60M to $1.84M.

Independent value check: $2.03M. Without looking at the asking price, our model values the home itself about 16% above the ask (homes like it typically land between $1.89M and $2.13M).

Why $2.03M. 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 3,000 to 3,249 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,476 a year; the typical home sold here pays about $2,800.
  • ▲ Raises it stronglyIts maintenance fee is $3,803 a month; the typical unit sold here pays about $750.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
List price
$1.60MBelow recent closings$1.84MAbove recent closings

Total price vs nearby homes. Likely closing about $1.70M, from 110 recent closings in this pocket.

The market behind the math:

110sold nearby · 90 days
$618Kmedian sold price
96%of asking, on average
+4%prices vs a year ago
~35 dayshomes like this take to sell
14days on market so far
$6,603/moest. rent · 12 leases
4.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.8 months of inventory: 67 condo apartment homes for sale in the area against 110 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 $560/sqft against an area asking average of $866/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 110 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.73M. 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
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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.

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 23 homes sold in this building over the past two years, from 525 closings in Mimico.

What sellers nearby are askingCurrently listed nearby in Mimico · asking prices
$1.94Mavg asking

Nothing 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 $2.03M, which is where my estimate comes from.

Per square foot, these ask about $711/sqft; this home lists at $560/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.75MThis home1.65M1.79M2.38MThis home vs active comparables

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
$423K
Niagara
$742K
Waterfront Communities C1
$580K
Bay Street Corridor
$981K
Waterfront Communities C8
$749K

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: 8 more schools within 2.5 km
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.4 km · 78% at standard
David Hornell Junior School · Public elementary1.8 km · 68% at standard
Karen Kain School of the Arts · Public elementary2.1 km · 76% at standard
St Louis Catholic School · Catholic elementary2.3 km · 76% at standard
George R Gauld Junior School · Public elementary2.3 km · 73% at standard
Garden Avenue Junior Public School · Public elementary2.4 km · 91% at standard
St Pius X Catholic School · Catholic elementary2.4 km · 82% at standard
Etobicoke School of the Arts · Public secondary2.4 km · 80% at standard

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

Affordability & Mortgage

Affordability
$7,976/mo
$401KIncome needed
4.4×Price ÷ income
$1,841Weekly cost
$62,950Land 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.

64%mortgage
Mortgage $7,976Property tax $706Condo fee $3,803Total carry $12,486

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$7,741per month

Mortgage amount $1,400,000 · 4.49% over 25 years

$350,000Down payment (20.0%)
$1,400,000Loan before insurance
$0CMHC premium
$12,250Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,741
Property tax
$706
Condo / maintenance fees
$3,803
Heating
$0
Estimated monthly cost
$12,250

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

One-time closing costs

Ontario land transfer tax
$31,475
Toronto municipal land transfer tax
$31,475
Estimated closing costs
$62,950

Plus your down payment of $350,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,369/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

$922,252Total interest paid
$2,322,252Total of all payments
Principal $1,400,000 Interest $922,252
YearPrincipalInterestBalance
1$31,242$61,648$1,368,758
2$32,661$60,230$1,336,097
3$34,143$58,747$1,301,954
4$35,694$57,196$1,266,260
5$37,314$55,576$1,228,946
6$39,009$53,881$1,189,937
7$40,780$52,110$1,149,158
8$42,631$50,259$1,106,526
9$44,567$48,323$1,061,959
10$46,590$46,300$1,015,369
11$48,706$44,184$966,663
12$50,917$41,973$915,746
13$53,229$39,661$862,517
14$55,646$37,244$806,871
15$58,172$34,718$748,698
16$60,814$32,076$687,884
17$63,575$29,315$624,310
18$66,461$26,429$557,848
19$69,479$23,411$488,369
20$72,634$20,256$415,735
21$75,932$16,958$339,804
22$79,379$13,511$260,424
23$82,983$9,907$177,441
24$86,751$6,139$90,690
25$90,690$2,200$0

At the end of your 5-year term

Total paid over the term
$464,450
Principal paid down
$171,054
Interest paid
$293,396
Balance remaining
$1,228,946

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 12 whole-home leases in Mimico$6,603/mo
$79,236Gross annual rent
0.9%Cap rate after taxes and upkeep
$5,866 to $7,406Typical 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 12 whole-home leases in Mimico signed at a median of $4,789 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,603. 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.

4.5%
Gross yield
− Property tax $8,476− Condo fees $45,641− Insurance $600− Vacancy & upkeep $8,716Net operating income $15,803

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 Miller Real Estate Ltd.. MLS®/PropTx.

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