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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 $597,500 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.
Welcome to Suite 712 at the prestigious Waterfront Residence where modern design meets urban convenience. This stunning corner unit offers over 700 sq. ft. of bright, open-concept living space with soaring 9-ft ceilings. Featuring 1 spacious bedroom plus a den that can easily function as a second bedroom, home office, or nursery, this unit is thoughtfully designed with custom built-in and pull-out storage solutions throughout. The modern kitchen is equipped with high-end stainless steel appliances, quartz countertops, porcelain tiles throughout kitchen, a stylish backsplash, and a rare lookout window that floods the space with natural light. Enjoy a walk-out to a large private balcony with beautiful lake views and CN Tower perfect for entertaining or relaxing. The primary bedroom includes a wall-to-wall closet with custom organizers and access to a luxurious ensuite bath. Residents enjoy access to top-tier amenities including an indoor pool, fitness center, sauna, business center, party room, and rooftop terrace offering breathtaking views of Lake Ontario, the CN Tower, and the downtown skyline. Located just steps from Humber Bay Shores, scenic lakefront trails, restaurants, cafes, and bars. With the TTC streetcar at your doorstep and direct access to the Gardiner Expressway, commuting to downtown Toronto is seamless. Includes one owned parking space and one locker. ALSO MAINTENANCE FEES INCLUDES ALL UTILITIES SO YOU DONT NEED TO PAY OUT OF POCKET ANY OTHER MONTHLY BILLS
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Data-driven valuation for 2121 Lake Shore Boulevard 712, Toronto W06, ON M8V 4E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $597,500 in Toronto, the legal minimum down payment is $34,750 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 $8,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,425 also applies, bringing the total estimated land transfer taxes to $16,850.
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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.