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              For Sale 11 Days On Site

              #409 2261 Lake Shore Boulevard West

              near Lake Shore/Parklawn
              $759,000 2+1bdr • 2ba • 1kit • 1000-1199sf
              Average Income
              $57,152
              Population Age
              47 y/old
              School Score
              6.25/10
              Price Index Change 1y
              +9.16%
              Price Index Change 3y
              +34.09%
              Rent Index Change 1y
              +1.80%
              Rent Index Change 3y
              +19.50%

              Condo Apt • Apartment #409 • 4 Level

              #409 2261 Lake Shore Boulevard West, Mimico, Toronto
              • Rooms and Bathrooms 2+1 bedr, 2 bath
              • Kitchens 1
              • area 1000-1199
              • garage 1.0 Undergrnd
              • exposure Se
              • age n/a
              • locker Owned
              • possession

                Tbd

              $759,000

              $2,300.00
              Tax yr: 2019

              $817.95/m

              CALCULATED NUMBERS:

              $2848.00

              calculator

              $4781

              6

              53 Somewhat Walkable

              63 Good Transit

              83 Very Bikeable

              6.25/10

              Location Details
              • Toronto

              • Toronto

              • Mimico

              • Lake Shore/Parklawn

              • M8V3X1

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

              ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE

              Property Overview
              Marina Del Ray 2+1 Totally Reno'd Floor To Ceilings, Just Move-In And Enjoy This Bright Airy Condo. Great S.E. View Night Or Day Of Parks, Lake & Toronto Skyline. Open Concept Design Makes A Great Living/Dining/Entertainment Area. Extended Open Kitchen Includes Great Maple Cabinets W/Stone Backsplash, Granite Counter And Small Matching Island. Renovated Bathrooms Incl Marble Bath And Shower Enclosures. Washer Suite W 4 Piece Bath, Walk-In Closet W/Organizer
              Extras: Fridge, Stove, Dishwasher, Washer & Dryer, Built-In Wine Fridge, Window Coverings And Electric Light Fixtures. Main Fee Incl All Util & Cable Tv, Amazing Amenities, Conc., Security Guards & Alarm, Indoor Pool, Sundeck, Tennis & Squash, Gym
              Video tour available. Click to watch.
              Property Features
              • Lake Access
              • Marina
              • Park
              • Public Transit
              • Rec Centre
              • Waterfront
              • Concrete
              • Concierge
              • Gym
              • Indoor Pool
              • Party/Meeting Room
              • Security Guard
              • Tennis Court
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Seller Property Info Statement
              • Family Room
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              • Overlook Water
              • Track Lights
              • Size 5.49x3.49
              Dining
              • Main Level
              • Combined W/Living
              • Overlook Water
              • Glass Block Window
              • Size 2.89x2.45
              Kitchen
              • Main Level
              • Open Concept
              • Renovated
              • Stainless Steel Appl
              • Size 3.59x2.89
              Master
              • Main Level
              • W/O To Balcony
              • 4 Pc Ensuite
              • W/I Closet
              • Size 5.89x3.19
              2nd Br
              • Main Level
              • Glass Block Window
              • Double Closet
              • Size 3.24x2.74
              Basement
              • None
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              • Listing added to site: 2020-09-17 00:44:47
              • Last updated: 2020-09-22 11:33:29
              • Photos updated: 2020-09-16
              • Contract date: 2020-09-16
              • Input date: 2020-09-16
              • Expiry date: 2020-11-16
              • Closed date: 0000-00-00
              • Condition expiry date: 2020-10-05
              • 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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              409 2261 Lake Shore Boulevard West Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              409 2261 Lake Shore Boulevard West is a condo apt apartment, located in Mimico of city of Toronto, Toronto region, near Lake Shore/Parklawn, and has been available for sale on CondosDirect since 2020-09-17. This unit is located at level 4 of the building and has South-East exposure of Lake Shore W Blvd. Condo registry office is MTCC, corporation number 864.

              Lot Size and Living Area:

              409 2261 Lake Shore Boulevard West has 5+0 rooms in total, including 2+1 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 1000-1199 square feet.
              1.0 parking space(s) are owned and located undergrnd at level . 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 Access, Marina, Park, Public Transit, Rec Centre, Waterfront at, or near the property.
              AIDA has also found the following features: Modern/Renovated/Well Maintained, Open Concept, Swimming Pool, and possible sellers motivation indicators such as Flexible Possession.

              Price & Cost Overview

              General:

              409 2261 Lake Shore Boulevard West condo apt is listed for $759,000. Property tax for year 2019 was $2,300. And the monthly maintenance fee was $818.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,848, and total expenses, including the mortgage, property tax and maintenance, fee around $3,108, assuming $759,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 409 2261 Lake Shore Boulevard West, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Mimico, where 2261 Lake Shore Boulevard West is located, has $742,171 Home Price Index, and $2,482 Home Rent Index. Average household income at dissemination area of 2261 Lake Shore Boulevard West is $57,152, and average polulation age is 47 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,040,718, and average Home Rent Index $2,587.

              Similar Properties & Community Details:

              There are similar to 409 2261 Lake Shore Boulevard West 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 2261 Lake Shore Boulevard West.
              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 2261 Lake Shore Boulevard West, or schools, which boundaries this address belongs to with an average School Score 6.25 out of 10. Here are more details about these schools:
              1. David Hornell Junior School (Grades JK-05), Public, Elementary, ranked as Average.
              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 53, 63, and 83 accordingly, location of 2261 Lake Shore Boulevard West overall can be described as Somewhat Walkable, Good Transit, and Very Bikeable.

              409 2261 Lake Shore Boulevard West 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 (98 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 51 to 62 properties like that to be sold in Mimico during the next 30 days.
              Seasonal sales fluctuation is showing 47% inventory increase comparing to the average annual number, which is equvalent to 38.58 properties sold per month, and 34% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 11 days, which is 5 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 -22% D.O.M. decrease comparing to the average annual number, which is equvalent to 21 D.O.M., and -10% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price it can 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 not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              409 2261 Lake Shore Boulevard West 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 +9.16% comparig to the City of Toronto average of +12.58%

              Price Index 3y

              Price Index change was +34.09% comparig to the City of Toronto average of +4.76%

              Rent Index 1y

              Rent Index change was +1.80% comparig to the City of Toronto average of -5.575%

              Rent Index 3y

              Rent Index change was +34.09% comparig to the City of Toronto average of +4.76%

              Walkscore

              Walkscore 53 out of 100 means Somewhat Walkable

              Transitscore

              Transitscore 63 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.25 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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