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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 $515,000 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.
Discover this apartment at the Grand Harbour waterfront condominium residences in the Humber Bay Shores of Mimico. This stunning unit features a beautiful kitchen with polished white finished cabinets, matching elegant white marble countertop, a finished ceramic kitchen backsplash and modern stainless steel appliances. The spacious layout includes a kitchen breakfast bar with stools, and hardwood floors throughout. Experience a vibrant community life with nearby activities and scenic lakefront trails for a leisurely walk, run, or bike ride. Convenient access to public transit close to building and a short 14 minute walk to Mimico GO station make city travel a breeze.
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Lake Access, Lake/Pond, Marina, Park, Public Transit, School
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2285 Lake Shore Boulevard W 506, Toronto W06, ON M8V 3X9
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 $515,000 in Toronto, the legal minimum down payment is $26,500 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 $6,775 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,775 also applies, bringing the total estimated land transfer taxes to $13,550.
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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.