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$799,900

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#1010 2261 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#1010 2261 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X2

3 beds2 baths1 parking950 ft²$1,018/mo condo feeListed 44 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 44 days, fresher than the Toronto average of 58 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Marina Del Rey A Rare Opportunity. Experience Breathtaking, Unobstructed Views Of Lake Ontario And The Toronto Skyline From This Truly One-Of-A-Kind Top-Floor Suite. This Spacious 2 Bedroom + Den, 2 Full Bathroom Residence Features Soaring Ceilings And A Rare Private Balcony, With No Neighbours Above For Ultimate Privacy. Enjoy All-Inclusive Maintenance Fees, Including High Speed Internet And Cable Package. Includes Appliances, 1 Parking Space, And 1 Locker. Resort-Style Living Awaits With 5-Star Amenities: Free Aqua Aerobics and Fitness Classes, A Tennis House League For All Levels, And Access To 11 Acres Of Beautifully Maintained Grounds. Nestled Beside A Yacht Club, Sailing School, And Expansive Parkland, Marina Del Rey Is A City Within A City. Your Urban Paradise Awaits! (id:66096)

Property Details

MLS®: W13816594
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,018/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,910.78/yr
Listed: 44 days ago

Rooms

Ground level

Living room: 6.65 x 4.4 meters
Dining room: 6.65 x 4.4 meters
Solarium: 2.26 x 2.95 meters
Kitchen: 2.82 x 2.7 meters
Primary Bedroom: 4.5 x 3.21 meters
Bedroom 2: 3.8 x 2.8 meters
Foyer: 1.96 x 1.2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$842

List price

$800K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Mimico) has been listed for 44 days, which is 14 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · PETER RICHTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $799,900, about 10.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 98% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$799,900· $842/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,990

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,796 capitalized)

Property tax (est.)$243/mo

Condo fee$1,018/mo

Total monthly$5,390

Cash Needed to Close

Down payment (6.87%)$54,990

Land transfer tax$24,946

Est. closing costs$4,900

Total cash needed$84,836

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Open houses

#1010 2261 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M8V)

Book a showing

Full Cost Breakdown