$635,000

For sale

#1404 2287 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#1404 2287 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3Y1

2 beds1 bath1 parking950 ft²$1,238/mo condo feeListed 45 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. Its $635,000 asking price sits right in line with the $650,000 median in Toronto. It has been on the market 45 days, fresher than the Toronto average of 58 days.

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Description

This beautiful, spacious 1 plus 1 bedroom condo is nestled in the awesome waterfront development in the Grand Harbour Suites. This building is awesome with recent renovations. It's somewhere you want to be. It is immaculate and has 24 HRS concierge, full-service rec centre, indoor pool, fully equipped gym, sauna and more. The unit is 900+ SQFT with 9FT ceiling. It is well laid out and has large principal rooms and beautiful hardwood floors throughout. The lake view from the living room is quite enchanting. The den can easily be used as a bedroom. The kitchen is spacious with new granite countertops, a new sink, modern appliances, and a backsplash. The bathroom has a marble countertop and a Jacuzzi tub. No disappointment here. The location is close to all major conveniences (id:66096)

Property Details

MLS®: W13815572
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $1,238/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,873.07/yr
Listed: 45 days ago

Rooms

Main level

Living room: 3.66 x 6.25 meters
Dining room: 3.66 x 6.25 meters
Kitchen: 2.59 x 2.74 meters
Great room: 3.96 x 3.35 meters
Den: 3.64 x 3.25 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, Dryer, Window Coverings
Flooring: Hardwood, Ceramic
Exterior: Stone
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$669

List price

$635K

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 45 days, which is 13 days fresher than the city average of 58. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · LORNA HILLARY WYNTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $635,000, about 8.0× the local median household income of $79,000.

Carrying it typically needs a household income of about $124,038 (20% down, 25-yr amortization, stress-tested) — roughly 57% 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)

$635,000· $669/ft²

For sale

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Full Cost Breakdown

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Down Payment6.06% · $38,500

Min 6.06%50%

Mortgage payment$3,307/mo

↳ CMHC premium ($23,860 capitalized)

Property tax (est.)$239/mo

Condo fee$1,238/mo

Total monthly$4,785

Cash Needed to Close

Down payment (6.06%)$38,500

Land transfer tax$18,350

Est. closing costs$4,405

Total cash needed$61,255

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