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$799,000

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#1304 2267 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#1304 2267 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X2

2 beds2 baths2 parking1,100 ft²$1,168/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 57 days.

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

Description

Rare Sub-Penthouse Opportunity At Marina Del Rey II! Offering Nearly 1,200 Sq.Ft. Of Living Space With Beautiful Lake And Marina Views, This Bright And Elegant Suite Features 9-Foot Ceilings, Wainscotting, Custom Paint, And A Spacious Foyer. Originally Designed As A Two-Bedroom Plus Den, The Suite Has Been Thoughtfully Reconfigured Into An Expansive One-Bedroom Plus Den, Creating A Grand Open-Concept Living And Entertaining Area. The Original Two-Bedroom Layout Can Be Restored To Suit Your Needs. Enjoy The Convenience Of All-Inclusive Maintenance Fees Covering Hydro, Heat, Water, Central Air Conditioning, Cable TV, And High-Speed Internet. Complete With Two Parking Spaces And An Owned Locker, Plus Access To The Exclusive Malibu Club's Resort-Style Amenities. An Exceptional Opportunity To Enjoy Spacious Waterfront Living In Humber Bay Shores! (id:66096)

Property Details

MLS®: W14119710
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,100 ft²
Basement: Apartment in basement, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,168/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,928.63/yr
Listed: 9 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mimico) listings, avg age

57d

Price / ft²

$727

List price

$799K

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 2-bed single family in Toronto (Mimico) has been listed for 9 days, which is 48 days fresher than the city average of 57. 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 $799,000, about 10.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $156,073 (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)

$799,000· $727/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$327/mo

Condo fee$1,168/mo

Total monthly$5,620

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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Open houses

#1304 2267 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M8V)

Book a showing

Full Cost Breakdown