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New18 hours ago

505 - 2287 Lake Shore Boulevard W

Mimico, Toronto

$489,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Resort-Style Living At The Grand Harbour! Ideally Located Right On The Boardwalk & Lake, WithThe 501 & 508 Streetcars At Your Doorstep For Easy Access To Downtown. Enjoy Superior Resort-Style Amenities, Beautifully Manicured Grounds, And A Lifestyle That Feels Like A Year-RoundGetaway.This Beautiful, Bright & Impeccably Maintained Unit Has Been Tastefully Updated By The CurrentOwner. The Open-Concept Layout Offers An Inviting Space For Both Everyday Living &Entertaining, While The Large Foyer Features A Double Closet For Excellent Storage.Recent Renovations Include Hardwood Floors & A Beautifully Updated Kitchen With GraniteCountertops, Glass Backsplash, Oversized Stainless Steel Sink & Convenient Under-CabinetLighting.Enjoy An Exceptional Collection Of Amenities, Including An Indoor Pool, Sauna, Hot Tub, FullyEquipped Gym, Squash Court, 24/7 Concierge, Car Wash & Exclusive Wine Cellar. Set WithinBeautifully Manicured Grounds & Just Steps From The Waterfront, This Is Resort-Style Living At Its Finest!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$925
LockerExclusive
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,164
mls© NumberW14084750
Listed BySKYBOUND REALTY
Water Included
Heat Included
Hydro Included
Cable TV Included
Building Insurance Included
Parking Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,503
Property tax
$180
Heat allowance
$150
Condo fees, half counted
$463
Housing costs
$3,296 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $97,800
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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