2240 Lake Shore Boulevard, Toronto, ON

$448,000
MLS#:W11950571
2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $448,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Beyond the Sea - South Tower, a thoughtfully renovated condo with parking and a locker. This unit features a fully upgraded kitchen (2020), with custom cabinetry by Aya Kitchens and custom built in closets by California Closets in the primary bedroom, offering sleek, organized storage throughout. New flooring (2020), and updated appliances (2020) - designed with care and attention to detail by its current owners. The versatile den is perfect as a home office, nursery, or cozy reading nook, while the spacious balcony offers serene courtyard views and even a glimpse of the lake - ideal for morning coffee or evening relaxation. The bedroom includes blackout curtains for ultimate rest and privacy. Nestled just minutes from the lake, you'll enjoy easy access to scenic nature trails, grocery stores, daycares, and quick connections to the highway for seamless commuting. This location strikes the perfect balance - close to the city, yet surrounded by nature. Lovingly transformed from its original state, this condo has been cared for as a first home, with every upgrade made thoughtfully. Now, it's ready for someone new to make it their own. Don't miss your chance to live in a space where city convenience meets lakeside tranquility. **EXTRAS** Parking, locker, upgraded appliances(2020), blackout blinds in bedroom

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Key Features

Bedrooms
2
Bathrooms
1
0
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 12, 2025
Sold price information is available to members only
Listed Date2/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,317.54

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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2240 Lake Shore Boulevard, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2240 Lake Shore Boulevard W 605, Toronto W06, ON M8V 1A5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$22,400 (5.0%)
* Minimum Canadian down payment required for this price is $22,400.
Amortization Period25 Years
Estimated Monthly Payment$2,536Based on a loan of $425,600 over 25 years.
Purchase Price$448,000
Loan Amount$425,600
Provincial Land Transfer Tax:$5,435
Toronto Municipal Land Transfer Tax:$5,435
Total Estimated Closing Taxes:$10,870

About Purchasing a Home in Toronto, ON

For a property listed at $448,000 in Toronto, the legal minimum down payment is $22,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,435 also applies, bringing the total estimated land transfer taxes to $10,870.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mimico, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$879,133

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.