$729,800

For saleJust listed

#327 2261 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#327 2261 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X1

1 bed2 baths1 parking750 ft²$863/mo condo feeListed Today

Overview

This 1-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 58 days.

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Description

Completely renovated from top to bottom, this 754 sq. ft. two-storey loft at Marina Del Rey offers one bedroom, two bathrooms. Floor-to-ceiling windows span two storeys and frame views of the courtyard and marina. The main floor was opened up to create a larger kitchen with ebony cabinetry, quartz countertops and a waterfall breakfast bar with seating. Both bathrooms were fully redone, including the main-floor powder room finished with imported Italian tile. A spiral staircase leads to the spacious open loft bedroom with an ensuite and an oversized walk-in closet with in-suite laundry. The upper level also has a separate exit to the fourth-floor hallway. Enjoy Etobicoke waterfront living with access to Marina Del Rey's indoor pool, tennis courts, gym, terrace and BBQs. (id:66096)

Property Details

MLS®: W14155404
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 750 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $863/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior: Concrete, Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Mimico) listings, avg age

58d

Price / ft²

$974

List price

$730K

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 1-bed single family in Toronto (Mimico) has been listed for 0 days, which is 58 days fresher than the city average of 58. Act while there is still low competition.

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Listed by RE/MAX REALTY SERVICES INC. · SUMIT SHARDA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $729,800, about 9.2× the local median household income of $79,000.

Carrying it typically needs a household income of about $142,555 (20% down, 25-yr amortization, stress-tested) — roughly 80% 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)

$729,800· $974/ft²

For sale

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Full Cost Breakdown

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Down Payment6.57% · $47,980

Min 6.57%50%

Mortgage payment$3,780/mo

↳ CMHC premium ($27,273 capitalized)

Property tax (est.)$214/mo

Condo fee$863/mo

Total monthly$4,857

Cash Needed to Close

Down payment (6.57%)$47,980

Land transfer tax$22,142

Est. closing costs$4,689

Total cash needed$74,811

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