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              For Sale 9 Days On Site

              #707 2087 Lake Shore Boulevard

              near Parklawn/Lakeshore
              $639,000 2+0bdr • 2ba • 1kit • 700-799sf
              Average Income
              $76,823
              Population Age
              45 y/old
              School Score
              7.30/10
              Price Index Change 1y
              +11.23%
              Price Index Change 3y
              +35.29%
              Rent Index Change 1y
              +1.10%
              Rent Index Change 3y
              +17.97%

              Condo Apt • Apartment #707 • 7 Level

              #707 2087 Lake Shore Boulevard, Mimico, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure Nw
              • age 11-15
              • locker Owned
              • possession

                Tba

              $639,000

              $2,027.00
              Tax yr: 2020

              $722.34/m

              CALCULATED NUMBERS:

              $2398.00

              calculator

              $2563

              3

              33 Car-Dependent

              64 Good Transit

              71 Very Bikeable

              7.30/10

              Location Details
              • Toronto

              • Toronto

              • Mimico

              • Parklawn/Lakeshore

              • M8V4G3

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROYAL LEPAGE TERREQUITY REALTY, BROKERAGE

              Property Overview
              This Two Bedroom Two Bathroom Unit Comes With Open Concept Layout And Lots Of Natural Light. High Ceilings With Hardwood Floors, Custom Granite Kitchen Countertop With Lots Of Cabinets. Two Walkouts To Balcony With Plank Flooring And Gas Bbq Hookup For Year Long Enjoyment And Views Of The Lake. California Shutters, Custom Built Closet In Master Bedroom With Lots Of Storage Space. Close To All Major Shopping, Dining, And Major Highways. 1 Parking And 1 Locker.
              Extras: Ss Fridge, Stove, B/I Dishwasher, B/I Microwave, Stackable Bosch Washer/Dryer All Elf's And Window Coverings.
              Video tour available. Click to watch.
              Property Features
              • Beach
              • Hospital
              • Lake Access
              • Marina
              • Park
              • Waterfront
              • Brick
              • Bbqs Allowed
              • Bus Ctr (Wifi Bldg)
              • Concierge
              • Exercise Room
              • Lap Pool
              • Rooftop Deck/Garden
              • Common Elements Included
              • Ensuite Laundry
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Heat Included
              • Hydro Included
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Combined W/Dining
              • Hardwood Floor
              • W/O To Balcony
              • Size 4.93x3.32
              Dining
              • Flat Level
              • Combined W/Living
              • Hardwood Floor
              • W/O To Balcony
              • Size 4.93x3.32
              Kitchen
              • Flat Level
              • Granite Counter
              • Stainless Steel Appl
              • Breakfast Bar
              • Size 2.74x3.29
              Master
              • Flat Level
              • B/I Closet
              • Hardwood Floor
              • W/O To Balcony
              • Size 3.56x3.10
              2nd Br
              • Flat Level
              • Closet
              • Hardwood Floor
              • Size 2.74x2.59
              Basement
              • None
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              • Listing added to site: 2020-10-17 15:34:04
              • Last updated: 2020-10-18 00:06:55
              • Photos updated: 2020-10-17
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              707 2087 Lake Shore Boulevard Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              707 2087 Lake Shore Boulevard is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Parklawn/Lakeshore, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 7 of the building and has North-West exposure of Lake Shore Blvd. Condo registry office is TSCC, corporation number 1159.

              Lot Size and Living Area:

              707 2087 Lake Shore Boulevard has 5+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 700-799 square feet. 2087 Lake Shore Boulevard building was built appriximately 11-15 years ago.
              1.0 parking space(s) are owned and located undergrnd at level P3 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Beach, Hospital, Lake Access, Marina, Park, Waterfront at, or near the property.
              AIDA has also found the following features: Open Concept, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              707 2087 Lake Shore Boulevard condo apt is listed for $639,000. Property tax for year 2020 was $2,027. And the monthly maintenance fee was $722.

              Comparative Market Analysis:

              There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $580,442.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,398, and total expenses, including the mortgage, property tax and maintenance, fee around $2,627, assuming $639,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 707 2087 Lake Shore Boulevard, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Mimico, where 2087 Lake Shore Boulevard is located, has $758,106 Home Price Index, and $2,475 Home Rent Index. Average household income at dissemination area of 2087 Lake Shore Boulevard is $76,823, and average polulation age is 45 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,070, and average Home Rent Index $2,580.

              Similar Properties & Community Details:

              There are similar to 707 2087 Lake Shore Boulevard 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 2087 Lake Shore Boulevard.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Mimico neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 2087 Lake Shore Boulevard, or schools, which boundaries this address belongs to with an average School Score 7.30 out of 10. Here are more details about these schools:
              1. Étienne Brûlé Junior School (Grades JK-05), Public, Elementary, ranked as Excellent.
              2. Lakeshore Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Good.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 33, 64, and 71 accordingly, location of 2087 Lake Shore Boulevard overall can be described as Car-Dependent, Good Transit, and Very Bikeable.

              Mimico, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (102 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 64 to 78 properties like that to be sold in Mimico during the next 30 days.
              Seasonal sales fluctuation is showing 34% inventory increase comparing to the average annual number, which is equvalent to 53.25 properties sold per month, and 29% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 9 days, which is 7 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing -13% D.O.M. decrease comparing to the average annual number, which is equvalent to 18 D.O.M., and -2% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Mimico.
              The selling to asking price ratio is growing in Mimico.
              This property has been on the market for less than average number of days it takes a home to sell in Mimico (16.2) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4957851 Comparative Market Analysis
              707 2087 Lake Shore Boulevard Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Mimico, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +11.23% comparig to the City of Toronto average of +6.15%

              Price Index 3y

              Price Index change was +35.29% comparig to the City of Toronto average of +6.955%

              Rent Index 1y

              Rent Index change was +1.10% comparig to the City of Toronto average of +1.195%

              Rent Index 3y

              Rent Index change was +35.29% comparig to the City of Toronto average of +6.955%

              Walkscore

              Walkscore 33 out of 100 means Car-Dependent

              Transitscore

              Transitscore 64 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.30 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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