$619,000

For sale

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

1 bd2 ba1 pk750 ft²+$863/mo

Listed by RE/MAX REALTY SERVICES INC.

5 Marine Parade Drive, Toronto (Mimico), Ontario, M8V4B4

For saleJust listed

Today

$2.50M

5 Marine Parade Drive, Toronto (Mimico), Ontario, M8V4B4

3 bd5 ba2 pk2,375 ft²+$2063/mo

Listed by ORION REALTY CORPORATION

#511 2269 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X6

For saleJust listed

Yesterday

$799K

#511 2269 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X6

2 bd2 ba1 pk1,100 ft²+$1153/mo

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

#WL08 80 Marine Parade Drive, Toronto (Mimico), Ontario, M8V0A3

For saleJust listed

Yesterday

$879K

#WL08 80 Marine Parade Drive, Toronto (Mimico), Ontario, M8V0A3

2 bd2 ba2 pk1,100 ft²+$1035/mo

Listed by PROPERTY.CA INC.

Investment analysis

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$619,000

Toronto

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#3907 2200 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#3907 2200 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V1A4

3 beds2 baths1 parking850 ft²$786/mo condo feeListed 31 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $619,000, it is attractively priced about 5% below the $650,000 median asking price in Toronto. It has been on the market 31 days, fresher than the Toronto average of 58 days.

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

Description

Exceptional 807 sqft Westlake II Condo at the coveted Humber Bay Waterfront,This sun-filled residence boasts 9' ceilings, two generously sized bedrooms plus a versatile study, and two elegantly designed bathrooms. Step out onto the expansive 111 sqft balcony to take in breathtaking panoramic views of the city skyline, serene lake, and lush park. The condo features beautiful laminate flooring throughout, a sophisticated quartz countertop, and a host of high-end upgrades. Building amenities include a state-of-the-art fitness center, indoor pool, rooftop garden, 24-hour concierge, visitor parking, and more. Perfectly situated, you're just steps away from the park, lake, and streetcar, with quick access to the Gardiner Expressway and QEW. Enjoy the convenience of LCBO, Metro, Shoppers, Starbucks, and TD Bank right downstairs. (id:66096)

Property Details

MLS®: W13867152
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Waterfront: Yes
Condo Fee: $786/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,896/yr
Listed: 31 days ago

Rooms

Main level

Living room: 5.82 x 4.32 meters
Dining room: 5.82 x 4.32 meters
Kitchen: 3.9 x 3.3 meters
Primary Bedroom: 4.2 x 3.9 meters
Bedroom 2: 3.9 x 3.6 meters
Study: 1.5 x 1 meters

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

31d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$729

List price

$619K

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 31 days, which is 27 days fresher than the city average of 58. Act while there is still low competition.

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Listed by REAL ONE REALTY INC. · JOHNNY MA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8V)

This home lists at $619,000, about 7.8× the local median household income of $79,000.

Carrying it typically needs a household income of about $120,912 (20% down, 25-yr amortization, stress-tested) — roughly 53% 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)

$619,000· $729/ft²

For sale

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Full Cost Breakdown

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Down Payment5.96% · $36,900

Min 5.96%50%

Mortgage payment$3,227/mo

↳ CMHC premium ($23,284 capitalized)

Property tax (est.)$241/mo

Condo fee$786/mo

Total monthly$4,254

Cash Needed to Close

Down payment (5.96%)$36,900

Land transfer tax$17,710

Est. closing costs$4,357

Total cash needed$58,967

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice