$574,000

$581,000For salePrice drop↓ $7,000 (1%)

#316 2119 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#316 2119 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V4E8

2 beds2 baths1 parking850 ft²$961/mo condo feeListed 41 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $574,000, it is attractively priced about 12% below the $650,000 median asking price in Toronto. It has been on the market 41 days, fresher than the Toronto average of 58 days.

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Description

Etobicoke Waterfront/ Humber Bay - 2 Bdrm/ 2 Baths with Parking & Locker - Steps from the lake (Lake Shore Blvd/ Parklawn), the "Waterview-Voyager II Condominium"... Very functional layout on the 3rd floor. Access to the large balcony from each room. Facing the south-west courtyard with a beautifully landscaped garden and a water fall fountain; away from the street... The Building amenities include a gym, swimming pool, rooftop party room and guest suites. Streetcars and Buses at the doorstep. CONDO MAINTENANCE FEE/ MONTH: $961.14 (Incl. All - Hydro, Water, Insurance...) *For Additional Property Details Click The Brochure Icon Below* (id:66096)

Property Details

MLS®: W13831556
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $961/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,954.15/yr
Listed: 41 days ago

Rooms

Main level

Bedroom: 4.5 x 3.5 meters
Bedroom 2: 3.3 x 3 meters
Living room: 6 x 3.5 meters
Kitchen: 2.6 x 2.5 meters

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

Features

Appliances: All, Garage door opener remote(s)
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$676

List price

$574K

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 41 days, which is 17 days fresher than the city average of 58. Act while there is still low competition.

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Listed by ICI SOURCE REAL ASSET SERVICES INC. · JAMES TASCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $574,000, about 7.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $112,122 (20% down, 25-yr amortization, stress-tested) — roughly 42% 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)

$574,000· $676/ft²

For sale

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Full Cost Breakdown

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Down Payment5.64% · $32,400.00

Min 5.64%50%

Mortgage payment$3,003/mo

↳ CMHC premium ($21,664 capitalized)

Property tax (est.)$246/mo

Condo fee$961/mo

Total monthly$4,210

Cash Needed to Close

Down payment (5.64%)$32,400

Land transfer tax$15,910

Est. closing costs$4,222

Total cash needed$52,532

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