$785,000

$818,000For salePrice drop↓ $33,000 (4%)

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#1504 2087 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#1504 2087 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V4G3

3 beds2 baths1 parking1,100 ft²$1,600/mo condo feeListed 57 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space.

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Description

Finest waterfront condos along the Etobicoke Lakefront walking/Biking Trail, acres of parks, beaches, and waterfront activities. Neighboring trendy restaurants, grocery stores, cafes within steps away, convenience is at your doorstep, Gorgeous views of the water and the city skyline from every room and huge South-East facing balcony, No obstruction at this level, with Forever guaranteed, Large 2-bedrooms overlooking the Ontario Lake and spacious/hinged door Den for 3rd bedroom or office. Custom kitchen with built-in breakfast bar, quartz counters, and stainless steel appliances, 9' ceilings throughout and gas BBQ hookup on the balcony, Whole laminate flooring throughout the unit, . Commuters dream - direct access to public transit, with quick connections to downtown Toronto and the Airport, plus easy access to the Gardiner Expressway and QEW. Don't miss this incredible opportunity to live in one of Toronto's most coveted waterfront locations (id:66096)

Property Details

MLS®: W13765084
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $1,600/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,747.82/yr
Listed: 57 days ago

Rooms

Main level

Living room: 5.27 x 3.81 meters
Dining room: 3.36 x 2.83 meters
Kitchen: 2.7 x 4.27 meters
Primary Bedroom: 4.94 x 3.27 meters
Bedroom 2: 4.06 x 2.94 meters
Den: 3.36 x 2.83 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, Oven, Dryer, Microwave, Oven - Built-In, Window Coverings
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$714

List price

$785K

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 57 days, which is 1 days fresher than the city average of 58. Act while there is still low competition.

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Listed by HOME STANDARDS BRICKSTONE REALTY · YOUNG HONG MIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $785,000, about 9.9× the local median household income of $79,000.

Carrying it typically needs a household income of about $153,338 (20% down, 25-yr amortization, stress-tested) — roughly 94% 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)

$785,000· $714/ft²

For sale

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Full Cost Breakdown

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Down Payment6.82% · $53,500

Min 6.82%50%

Mortgage payment$4,056/mo

↳ CMHC premium ($29,260 capitalized)

Property tax (est.)$312/mo

Condo fee$1,600/mo

Total monthly$5,968

Cash Needed to Close

Down payment (6.82%)$53,500

Land transfer tax$24,350

Est. closing costs$4,855

Total cash needed$82,705

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#1504 2087 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M8V)

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Full Cost Breakdown