108-2230 Lake Shore Boulevard, Toronto, ON
Mimico, Toronto · MLS® W14034276
About this home
In short
- Welcome to resort-style living in Humber Bay Shores.
- Delivering the spacious feel and privacy of a residence alongside full condo conveniences, the home features direct access from your private garage so you can unload...
- The spacious primary bedroom includes a walk-in closet and full ensuite washroom.
- Outside, the expansive, ravine-facing top-floor terrace includes a gas BBQ hookup and ample space to host friends and family against a serene backdrop.
- Take advantage of retreat-like building amenities, including an indoor pool, gym, fitness studio, sauna, children's playroom, and party room.
Welcome to resort-style living in Humber Bay Shores. This exceptional condo townhouse strikes the perfect balance between modern style, thoughtful design, and comfortable everyday living, offering private outdoor space on every level. Delivering the spacious feel and privacy of a residence alongside full condo conveniences, the home features direct access from your private garage so you can unload the car without using an elevator, plus a second non-tandem underground parking space just steps away.The main living level is impeccably configured for both effortless entertaining and practical daily routines. Updated in 2025, the kitchen boasts brand-new cabinetry, crisp quartz countertops, modern appliances, a dedicated coffee and beverage station, and a matching dining buffet. The bright, welcoming living area is highlighted by new recessed pot lights, a statement fixture over the dining table, a cozy electric fireplace with an integrated TV setup, a tastefully updated powder room, and glass doors opening directly onto a private balcony.The spacious primary bedroom includes a walk-in closet and full ensuite washroom. Every bedroom on this level enjoys access to a walkout balcony, served by fresh, modern full bathroom featuring updated vanities and sleek contemporary lighting.The loft level offers maximum versatility, featuring a built-in Murphy bed. This room easily shifts from a quiet daytime lounge and home office into a private evening guest suite. Outside, the expansive, ravine-facing top-floor terrace includes a gas BBQ hookup and ample space to host friends and family against a serene backdrop.Take advantage of retreat-like building amenities, including an indoor pool, gym, fitness studio, sauna, children's playroom, and party room. All of this sits just steps away from waterfront trails, groceries, dining, and the vibrant outdoor lifestyle of Humber Bay Shores.
Key facts
- Property type
- Condo Townhouse, 3-Storey
- MLS®
- W14034276
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599 sq ft
- Cross streets
- Lake Shore & Park Lawn
- Parking
- 1 garage · 2 parking (underground)
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,522/mo
- Exposure
- North East
- Property tax
- $4,911 / 2026
- Days on market
- 5
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
w/o to balcony · laminate · closet
tile floor · combined w/laundry · laundry sink
combined w/living · w/o to balcony · pot lights
walk-in closet(s) · 3 pc ensuite · w/o to balcony
murphy bed · laminate · w/o to terrace
stainless steel appl · quartz counter · breakfast bar
Tile Floor
electric fireplace · w/o to balcony · pot lights
Listed at $1,399,000. Going by how homes in Mimico and the wider GTA have actually closed against their asking prices (about 98%, 7 local closings in 90 days), the likely sale price is near $1.36M, if it sells. A realistic range is $1.28M to $1.48M.
Independent value check: $1.17M. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $1.09M and $1.23M).
Why $1.17M. The typical townhouse sold in Mimico over the past year went for about $950K (19 sales). What sets this one apart:
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,911 a year; the typical home sold here pays about $4,300.
- ▲ Raises it stronglyIts maintenance fee is $1,522 a month; the typical unit sold here pays about $540.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
Total price vs nearby homes. Likely closing about $1.36M, from 7 recent closings in this pocket.
The market behind the math:
About 4.7 months of inventory: 11 condo townhouse homes for sale in the area against 7 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $933/sqft against an area asking average of $781/sqft.
- Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.03M. 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.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Elevator: rare and valuable for accessibility and resale. Lifestyle
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
There were not many closely comparable homes right in Mimico, so I widened the search to the surrounding area.
Based on 7 comparable homes that sold in Mimico over the past two years, from 33 closings there.
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.17M, which is where my estimate comes from.
Per square foot, these ask about $945/sqft; this home lists at $933/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $702K | 150 |
| November 2025 | $709K | 130 |
| December 2025 | $705K | 63 |
| January 2026 | $695K | 77 |
| February 2026 | $728K | 104 |
| March 2026 | $715K | 121 |
| April 2026 | $711K | 147 |
| May 2026 | $726K | 131 |
| June 2026 | $706K | 132 |
| July 2026 | $683K | 156 |
| August 2026 | $669K | 116 |
| September 2026 | $684K | 98 |
Neighbourhood & location
Mimico, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 10 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,119,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,188
- Property tax
- $409
- Condo / maintenance fees
- $1,522
- Heating
- $0
- Estimated monthly cost
- $8,119
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,455
- Toronto municipal land transfer tax
- $24,455
- Estimated closing costs
- $48,910
Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $371,295
- Principal paid down
- $136,746
- Interest paid
- $234,549
- Balance remaining
- $982,454
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 31 whole-home leases in Mimico signed at a median of $3,508 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,699. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.