2703 Lake Shore Boulevard, Toronto, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Mimico. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $2,288,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 30 x 179.8 ft lot
- Features a finished, finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Your Private Waterfront Oasis in the Heart of the City. Experience the rare pleasure of a Muskoka lifestyle without the gruelling commute. This magnificent Mimico waterfront residence offers the crown jewel of urban living: your very own private beach. Spend your summers on a pristine, three-year-old deck, soaking in breathtaking, unobstructed views of Lake Ontario that make "driving to the cottage" a thing of the past.This property is a versatile gem brimming with potential. Whether you choose to move in and revitalize the existing charm with your personal touch, secure a high-demand rental, or clear the canvas to build your custom architectural masterpiece, the value of this lakeside lot is unmatched. The home is being sold in "as-is" condition, offering a golden opportunity for visionaries to claim one of Toronto's most coveted shorelines.The location perfectly balances tranquility with urban energy. You are steps away from vibrant parks, tennis courts, and local marinas, with Mimico's best shops and dining right around the corner. With downtown Toronto just a short drive away, you can enjoy the peace of the waterfront and the pulse of the city in the same afternoon.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2703 Lake Shore Boulevard W, Toronto W06, ON M8V 1G6
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 $2,288,000 in Toronto, the legal minimum down payment is $457,600 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 $43,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,675 also applies, bringing the total estimated land transfer taxes to $87,350.
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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.
