2585 Lake Shore Boulevard, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,349,900 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.
- 6 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 60 x 125 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability, Floor Drain, Storage
- Efficient radiant heating via gas
Description
Ideal location, large corner lot with Lake Ontario water views, Large 5 bedroom home in amongst multi million dollar homes, 2 driveways, investment opportunity awaits or restore it to the charm of yesteryear. Located on TTC Street car routes, near Mimico GO Station, lake side parks, out door skating rinks, and fabulous restaurants and shopping! Quick commute to Downtown Toronto, all major commuting routes, easy access to bot Person International Airport and Billy Bishop Airport.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Lake/Pond, Marina, Park, Public Transit, Waterfront
Interior Features
In-Law Capability, Floor Drain, Storage, Water Heater
Security Features
Community Features
Location
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 2585 Lake Shore Boulevard W, Toronto W06, ON M8V 1G3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Mortgage & Affordability Audit
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About Purchasing a Home in Toronto, ON
For a property listed at $1,349,900 in Toronto, the legal minimum down payment is $269,980 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 $23,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,473 also applies, bringing the total estimated land transfer taxes to $46,946.
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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.
