$785,000

For sale

#NPH7 2261 Lake Shore Boulevard West, Toronto (Mimico) - Single Family for Sale

#NPH7 2261 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V3X1

2 beds1 bath1 parking950 ft²$880/mo condo feeListed 23 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 23 days, fresher than the Toronto average of 58 days.

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Description

Welcome to exquisitely renovated penthouse NPH7 at Marina del Rey on the Toronto West waterfront! This beautifully renovated 1 bedroom + den suite offers great space, comfort and effortless living in the heart of Humber Bay Shores. Hydro, heat, water, high speed internet and cable are all included, along with one underground parking space and a locker. Bright and spacious- the suite features floor-to-ceiling windows, a generous open-concept living and uniquely designed kitchen with quarz countertops and stainless steel appliances, separate cooktop and built-in oven. The bedroom includes a walk-in closet and a private 4-piece semi-ensuite, while the den offers plenty of flexibility for a home office or additional living space.One of Marina Del Rey's standout features is the exclusive Malibu Club, offering an impressive collection of resort-style amenities. Residents can enjoy an indoor pool, fitness facilities, tennis and squash courts, sauna, party and recreation spaces, and more- all within the community! It's a lifestyle that feels more like a private waterfront resort than typical condo living.Step outside and enjoy the waterfront, parks, scenic trails and marinas right at your doorstep. Restaurants, cafés, shops and transit are nearby, with convenient access to downtown Toronto and major highways. (id:66096)

Property Details

MLS®: W14033132
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: Garage, Underground
Pool: Yes
Condo Fee: $880/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,478.41/yr
Listed: 23 days ago

Rooms

Flat

Living room: 8.38 x 3.66 meters
Dining room: 8.38 x 3.66 meters
Kitchen: 2.44 x 2.44 meters
Bedroom: 4.27 x 3.05 meters
Solarium: 2.89 x 2.44 meters

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

Features

Appliances: Central Vacuum, Range, Oven - Built-In
Flooring: Laminate
Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

Toronto (Mimico) listings, avg age

58d

Price / ft²

$827

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 2-bed single family in Toronto (Mimico) has been listed for 23 days, which is 35 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. · ANDREW PIETRZAK

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· $827/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.)$207/mo

Condo fee$880/mo

Total monthly$5,142

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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