2639 Lake Shore Boulevard, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $5,600,000 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.
- 7 Bedrooms and 4 Bathrooms
- Generous living space spanning 3500-5000 sqft on a premium 75 x 267 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- Efficient water heating via gas
Description
Experience Lakeside Luxury In This Esteemed Toronto Retreat Nestled Within Mimico Beach Estates. Built In 1931 By The Hayhoe Family, This French Chateaux-Style Residence Boasts Captivating Lake And City Vistas. With 7 Bedrooms, 4 Bathrooms, Grand Principal Rooms, Original Finishes, And Many Newer Upgrades, It's A Timeless Masterpiece. Set On A Sprawling Half An Acre Lot Backing Onto Lake Ontario, It Offers Space For Expansion With Lush, Mature Gardens And A Solid Concrete Seawall Framing The Property's Lakefront Perimeter. Conveniently Located Near Amenities With Easy Access To Downtown, QEW, Billy Bishop Airport And Minutes To The Etobicoke Yacht Club And Mimico Cruising Club. The Epitome Of Serene Lakeside Living. Discover The Understated Elegance Of Mimico Beach Estates Your Tranquil Lakeside Escape Awaits.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2639 Lake Shore Boulevard W, Toronto W06, ON M8V 1G5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $5,600,000 in Toronto, the legal minimum down payment is $1,120,000 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 $126,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $126,475 also applies, bringing the total estimated land transfer taxes to $252,950.
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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.
