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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 $699,999 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.
Waterfront Living At Its Finest. Not Your Cookie Cutter Condo - Wake Up To Breathtaking,Unobstructed Views of Lake Ontario Every Day In This Superb Corner Unit. Host Friends Or Wind DownAfter Work On One Of Your Two Separate Balconies, Facing South (Marina & Endless Blue Water) & West(Vibrant Sunsets). Incredibly Functional Layout With No Wasted Space. Kitchen Features SSAppliances, Ample Storage Space, Granite Counter + Large Breakfast Bar For Entertaining. TheOpen-Concept Living/Dining Is Flooded With Natural Light All Year & Easily Accommodates LargeFurniture. Generous Primary Bedroom Features Walk-Out To 2nd Balcony & 2nd Bedroom Makes Great GuestRoom, Nursery Or Office (Sliding Doors Can Fully Open). Urban Convenience W/ A Lakeside Lifestyle -Short Walk to Humber Bay West Park (Wknd Farmers Markets), Waterfront Bike Path, Mimico Station,Excellent Restaurants, Grocery Stores + Highways. Great Community That Appeals To All (Families,Retirees, Singles, Young Professionals)
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Clear View, Greenbelt/Conservation, Lake/Pond, Marina, Park, Waterfront
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2240 Lake shore Boulevard W 2502, Toronto W06, ON M8V 0B1
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 $699,999 in Toronto, the legal minimum down payment is $45,000 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 $10,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,475 also applies, bringing the total estimated land transfer taxes to $20,950.
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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.