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              For Sale 16 Days On Site

              #504 2200 Lake Shore Blvd W

              near Lakeshore/Parklawn
              $699,999 2+0bdr • 2ba • 1kit • 700-799sf
              Average Income
              $70,165
              Population Age
              34 y/old
              School Score
              7.30/10
              Price Index Change 1y
              +9.20%
              Price Index Change 3y
              +34.13%
              Rent Index Change 1y
              +1.80%
              Rent Index Change 3y
              +19.50%

              Condo Apt • Apartment #504 • 4 Level

              #504 2200 Lake Shore Blvd W, Mimico, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 700-799
              • garage 1.0 Undergrnd
              • exposure S
              • age 0-5
              • locker Owned
              • possession

                60 Days

              $699,999

              $2,250.00
              Tax yr: 2020

              $504.42/m

              CALCULATED NUMBERS:

              $2627.00

              calculator

              $2685

              3

              50 Somewhat Walkable

              64 Good Transit

              82 Very Bikeable

              7.30/10

              Location Details
              • Toronto

              • Toronto

              • Mimico

              • Lakeshore/Parklawn

              • M8V1A4

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

              ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

              Property Overview
              Fabulous Luxury Living Investment Opportunity! Sunny South Facing, Unobstructed Lake View 2 Bed/2 Bath Unit Features 9Ft Ceilings, Floor To Ceiling Windows & Engineered Hardwood Throughout. Track Lighting, Quartz Countertops In Bath & Kitchen. Metro,Shoppers,Lcbo & Starbucks All At Your Front Door. Luxurious Club W Features State Of The Art Amenities! Indoor Pool,Gym,Sauna,Squash Courts,Bike Storage & 24Hr Concierge. Steps To Lake,Bike Trails,Humberbay & Ttc.
              Extras: S/S Fridge, S/S Glasstop Stove, S/S Built-In Dishwasher, S/S Built-In Microwave, Washer & Dryer, All Window Coverings And Elfs. Parking & Locker (Next To Parking & Entry Door). Unit Is Currently Tenanted And Tenants Prepared To Stay.
              Video tour available. Click to watch.
              Property Features
              • Lake/Pond
              • Park
              • Public Transit
              • Waterfront
              • Concrete
              • Bike Storage
              • Concierge
              • Gym
              • Indoor Pool
              • Rooftop Deck/Garden
              • Visitor Parking
              • Common Elements Included
              • Elevator
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Family Room
              • Cable TV Included
              Rooms details
              Kitchen
              • Main Level
              • Laminate
              • Stainless Steel Appl
              • Open Concept
              • Size 3.81x2.83
              Living
              • Main Level
              • Laminate
              • Combined W/Dining
              • Open Concept
              • Size 3.51x2.47
              Dining
              • Main Level
              • Laminate
              • Combined W/Living
              • Open Concept
              • Size 3.51x2.47
              Master
              • Main Level
              • Laminate
              • Mirrored Closet
              • Ensuite Bath
              • Size 3.93x2.92
              2nd Br
              • Main Level
              • Laminate
              • Sliding Doors
              • Mirrored Closet
              • Size 2.79x2.76
              Basement
              • None
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              • Listing added to site: 2020-09-16 00:46:32
              • Last updated: 2020-09-16 00:46:31
              • Photos updated: 2020-09-15
              • 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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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              504 2200 Lake Shore Blvd W is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Lakeshore/Parklawn, and has been available for sale on CondosDirect since 2020-09-16. This unit is located at level 4 of the building and has South exposure of Lake Shore W Blvd. Condo registry office is TSCP, corporation number 2471.

              Lot Size and Living Area:

              504 2200 Lake Shore Blvd W 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. 2200 Lake Shore Blvd W building was built appriximately 0-5 years ago.
              1.0 parking space(s) are owned and located undergrnd at level D5 . 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 Lake/Pond, Park, Public Transit, Waterfront at, or near the property.
              AIDA has also identified the following listing features: Income Potential, Currently Leased, Swimming Pool, AIDA Recommended.

              Price & Cost Overview

              General:

              504 2200 Lake Shore Blvd W condo apt is listed for $699,999. Property tax for year 2020 was $2,250. And the monthly maintenance fee was $504.

              Comparative Market Analysis:

              There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $712,337.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,627, and total expenses, including the mortgage, property tax and maintenance, fee around $2,857, assuming $699,999 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 504 2200 Lake Shore Blvd W, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Mimico, where 2200 Lake Shore Blvd W is located, has $742,421 Home Price Index, and $2,482 Home Rent Index. Average household income at dissemination area of 2200 Lake Shore Blvd W is $70,165, and average polulation age is 34 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,046,797, and average Home Rent Index $2,574.

              Similar Properties & Community Details:

              There are similar to 504 2200 Lake Shore Blvd W 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 2200 Lake Shore Blvd W.
              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 2200 Lake Shore Blvd W, 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 50, 64, and 82 accordingly, location of 2200 Lake Shore Blvd W overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

              504 2200 Lake Shore Blvd W Listings History Powered by AIDA
              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 (107 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 60 to 73 properties like that to be sold in Mimico during the next 30 days.
              Seasonal sales fluctuation is showing 37% inventory increase comparing to the average annual number, which is equvalent to 48.83 properties sold per month, and 30% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 16 days, which is exactly equivalent to the recent sales average, and may not stay on the market for long if the price is negotiable by the seller.
              Seasonal sales fluctuation is showing -19% D.O.M. decrease comparing to the average annual number, which is equvalent to 20 D.O.M., and -3% 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.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4913942 Comparative Market Analysis
              504 2200 Lake Shore Blvd W 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 +9.20% comparig to the City of Toronto average of +9.925%

              Price Index 3y

              Price Index change was +34.13% comparig to the City of Toronto average of +7.2%

              Rent Index 1y

              Rent Index change was +1.80% comparig to the City of Toronto average of -5.61%

              Rent Index 3y

              Rent Index change was +34.13% comparig to the City of Toronto average of +7.2%

              Walkscore

              Walkscore 50 out of 100 means Somewhat Walkable

              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

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              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

              $11,400 Cashback
              $759,000
              2br 2ba 900-999sf

              Prop Tax

              $2,764

              Condo Fee

              $804

              Exposure

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              Mortg/m

              $ calculator

              WalkScore

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              Condo Fee

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              WalkScore

              0

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              $11,800 Cashback
              $785,000
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              Condo Fee

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              Exposure

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              Mortg/m

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              WalkScore

              0

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              Condo Fee

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              Exposure

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              WalkScore

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              Exposure

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              Exposure

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              WalkScore

              0

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              Condo Fee

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              Exposure

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              Mortg/m

              $ calculator

              WalkScore

              0

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              $9,400 Cashback
              $629,000
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              Prop Tax

              $2,100

              Condo Fee

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              Exposure

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              Mortg/m

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              WalkScore

              47

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              $11,500 Cashback
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              Prop Tax

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              Condo Fee

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              WalkScore

              90

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              Prop Tax

              $2,665

              Condo Fee

              $401

              Exposure

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              Mortg/m

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              WalkScore

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              $8,700 Cashback
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              Condo Fee

              $706

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              Mortg/m

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