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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mimico. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $799,900 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.
This stunning 2 bedroom, 2 bathroom south-facing penthouse at 2220 Lakeshore offers the perfect blend of luxury and comfort. The expansive floor plan features a spacious living area with floor-to-ceiling windows that showcase panoramic views of the lake and city skyline. The modern kitchen is equipped with high-end appliances and sleek finishes, making it ideal for both cooking and entertaining. The bedrooms are generously sized, with the master suite boasting a private ensuite bathroom. With top-notch amenities and a prime location, this penthouse provides a sophisticated urban oasis for its residents.** seller agrees to provide a $5,000 credit to replace flooring, so you can have the floors of your choice!** second locker also available in next building for additional cost.
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Data-driven valuation for 2220 Lakeshore Boulevard PH2, Toronto W06, ON M8V 0C1
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 $799,900 in Toronto, the legal minimum down payment is $54,990 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 $12,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,473 also applies, bringing the total estimated land transfer taxes to $24,946.
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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.