2285 Lake Shore Boulevard, Toronto, ON

$450,000
MLS#:W11995730
1 beds
1 baths
0-499 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This listing is no longer active (Sold)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 Multi-Level condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $450,000 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Experience luxury waterfront living just 15 minutes from downtown! This spacious unit is a blank canvas, offering the perfect opportunity for the buyer to renovate, design and build the unit of their dreams. With a layout that features an open-concept living area, a spacious bedroom with potential for custom closet organizers,the possibilities are endless.Enjoy an unbeatable array of amenities, including a squash court, gym, pool, sauna, outdoor terrace with BBQ area, and ample visitor parking. The ideal location and opportunity to personalize every detail, this residence truly has it all! NOTE: Pets are permitted.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 5, 2025
Sold price information is available to members only
Listed Date2/28/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleMulti-Level
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$2,525

Parking & Garage

Parking Spaces1.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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2285 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 2285 Lake Shore Boulevard W 208, Toronto W06, ON M8V 3X9

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.

Market Trend
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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$22,500 (5.0%)
* Minimum Canadian down payment required for this price is $22,500.
Amortization Period25 Years
Estimated Monthly Payment$2,548Based on a loan of $427,500 over 25 years.
Purchase Price$450,000
Loan Amount$427,500
Provincial Land Transfer Tax:$5,475
Toronto Municipal Land Transfer Tax:$5,475
Total Estimated Closing Taxes:$10,950

About Purchasing a Home in Toronto, ON

For a property listed at $450,000 in Toronto, the legal minimum down payment is $22,500 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 $5,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $5,475 also applies, bringing the total estimated land transfer taxes to $10,950.

Nearby Listings

Distance:

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$879,557

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.