3509-2212 Lake Shore Boulevard, Toronto, ON

Mimico, Toronto · MLS® W13879438

$575,000
For Sale
Listed 7 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

*Luxury Executive Apartment*Breathtaking Residence In One Of The City's Most Prestigious Addresses Designed By World Class Team Architects*Grand Open Concept Living/Dining & Family Rm*Fabulous Entertaining Space, High Ceilings, Elegant Finishes, Gourmet Kitchen, Walnut Floors & Custom Millwork*Big windows W/9' Ceilings*Balcony*This Magnificent Residence Has It All!*Functional Corner Floor Plan With Beautiful Skyline & Lake Views*Resort Style Amenities-30,000SF Pinnacle Club Includes 70Ft Lap Pool, Saunas, Outdoor Putting Green, Tennis, Squash, Gym & More*24Hr Concierge *Fantastic Location Close to Financial District, Shops, Restaurants, Nightlife, Sports/Entertainment Venues, Waterfront, TTC & ACC*City Living At Its Best*Elegant Brant's Landing Condo 1Br+Den W/Sweeping Lake views from all windows*Child Safety Neighborhood*Grand Open Concept Super Spacious At 657SF*1 min close to HWs QEW East & West, Both Airports, Streetcar & Bus@Door*Quiet Building W/Lovely, Fantastic Complex With State of the Art amenities I/D Pool & Hot Tub*Fabulous Outdoor Patio/BBQ Area Right On The Lake For Entertaining*

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13879438
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Lot
3.458
Cross streets
Lake Shore Boulevard West & Park Lawn Road & QEW
Parking
1 garage (underground)
Basement
Other
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stone
Foundation
Concrete
Roof
Asphalt Rolled, Flat
Maintenance
$609/mo
Exposure
North East
Property tax
$2,436 / 2025
Days on market
7
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain3.71 × 2.32 m

laminate · modern kitchen · open concept

Primary BedroomMain3.35 × 2.72 m

laminate · window floor to ceiling · closet

DenMain2.69 × 1.96 m

laminate · separate room

Dining RoomMain3.96 × 3.78 m

laminate · combined w/living · open concept

Living RoomMain3.96 × 3.78 m

laminate · combined w/dining · w/o to balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$558Klikely sale price

Listed at $575,000. 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 $558K, if it sells. A realistic range is $526K to $604K.

Independent value check: $515K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $479K and $541K).

Why $515K. The typical condo sold in Mimico over the past year went for about $603K (484 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,436 a year; the typical home sold here pays about $2,800.
  • ▼ Lowers it1+1 bedrooms and 1 baths, against 1+1 and 2 typically.
  • ▼ Lowers it slightlyIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$526KBelow recent closings$604KAbove recent closings

Total price vs nearby homes. Likely closing about $558K, 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
7days on market so far
$2,575/moest. rent · 15 leases
5.4%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.5 months of inventory: 54 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 $885/sqft against an area asking average of $862/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 $503K. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

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

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • 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

Priced above comparable homes overall, but the price per square foot ($885/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 19 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 · 1.6 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 elementary1.3 km · 73% 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
St Louis Catholic School · Catholic elementary1.5 km · 76% at standard
Karen Kain School of the Arts · Public elementary1.7 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.9 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary2.3 km · 88% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary2.4 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
$2,621/mo
$121KIncome needed
4.8×Price ÷ income
$605Weekly cost
$15,950Land 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.

76%mortgage
Mortgage $2,621Property tax $203Condo fee $609Total carry $3,432

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)
$2,543per month

Mortgage amount $460,000 · 4.49% over 25 years

$115,000Down payment (20.0%)
$460,000Loan before insurance
$0CMHC premium
$3,355Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,543
Property tax
$203
Condo / maintenance fees
$609
Heating
$0
Estimated monthly cost
$3,355

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

One-time closing costs

Ontario land transfer tax
$7,975
Toronto municipal land transfer tax
$7,975
Estimated closing costs
$15,950

Plus your down payment of $115,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,078/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

$303,026Total interest paid
$763,026Total of all payments
Principal $460,000 Interest $303,026
YearPrincipalInterestBalance
1$10,265$20,256$449,735
2$10,731$19,790$439,003
3$11,219$19,302$427,785
4$11,728$18,793$416,057
5$12,260$18,261$403,796
6$12,817$17,704$390,979
7$13,399$17,122$377,580
8$14,007$16,514$363,573
9$14,643$15,878$348,929
10$15,308$15,213$333,621
11$16,003$14,518$317,618
12$16,730$13,791$300,888
13$17,490$13,031$283,398
14$18,284$12,237$265,115
15$19,114$11,407$246,001
16$19,982$10,539$226,019
17$20,889$9,632$205,130
18$21,837$8,684$183,293
19$22,829$7,692$160,464
20$23,865$6,656$136,599
21$24,949$5,572$111,650
22$26,082$4,439$85,568
23$27,266$3,255$58,302
24$28,504$2,017$29,798
25$29,798$723$0

At the end of your 5-year term

Total paid over the term
$152,605
Principal paid down
$56,204
Interest paid
$96,402
Balance remaining
$403,796

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 15 whole-home leases in Mimico$2,575/mo
$30,900Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,446 to $2,704Typical 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 15 whole-home leases in Mimico signed at a median of $2,350 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,575. 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.

5.4%
Gross yield
− Property tax $2,436− Condo fees $7,303− Insurance $600− Vacancy & upkeep $3,399Net operating income $17,162

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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