308-2230 Lake Shore Blvd
Mimico, Toronto, Ontario M8V 0B2
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 900–999sq ft
- Per sq ft
- $574at the range’s middle
- Tax a year
- $3,4452026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 308-2230 Lake Shore Blvd
308-2230 Lake Shore Blvd is a 3-bedroom, 2-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $545,000 (MLS® W14109362).
We've got the condo market cornered with this one. A 3-bed, 2-bath corner suite facing both the lake and Mimico Creek, with parking and a same-floor locker. Wrapped in nature and freed from the confines of the city, this unit truly stands out. Its rare position in the building delivers extra-tall ceilings and a height that sits just above the treetops: high enough to feel the quiet and catch the lake, not so high you start feeling nervous. Step inside and the foyer makes its case right away: double closets and actual room for a bench. Rare. Follow the light wood floors into the grand great room. Agents throw around "stunning," but this view, these ceilings, and this much natural light will genuinely make you pause. A defined kitchen with eat-in island, a full dining area, and a generous living room mean you can retire the condo-sized furniture. This is real luxury living, all wrapped by a balcony with multiple walkouts and more views than you'll know what to do with. The principal bedroom fits a king bed and a work-from-home setup with ease, plus its own walkout to the terrace, a full walk-in closet, and an ensuite with stand-up shower. Ooh la la, but for real. Over in the bedroom wing, bedroom two is large and offers double closets with unobstructed views of Mimico Creek. Feeling good. Past the super-sized second 4 bath with tub (you'll see what I mean LARGE), finished in clean, on-trend neutrals, is bedroom three. This bedroom was once a den, now a true bedroom, with a glass door pulling in natural light and a closet housing private laundry. Use it as a studio, nursery, guest room: you name it. This one's a diamond if you ask me. Great building amenities, surrounded by trails, transit, the LCBO, shopping, the waterfront, and yacht clubs, all within walking distance of Mimico GO.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs71/100+$420/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 23 condos with 3 bedrooms for lease in Mimico right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,445 / 2026
- MLS® number
- W14109362
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Include all SS Fridge, SS Stove, SS Dishwasher, Microwave, ELFs & Window Coverings.
- Condo maint.
- $906
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.16 × 4.91 m | hardwood floor, Closet | Flat |
| 3rd Br | 2.16 × 3.32 m | hardwood floor, Closet | Flat |
| Bathroom | 1.71 × 2.84 m | 4 Pc Bath | Flat |
| 2nd Br | 3.05 × 3.32 m | hardwood floor, Closet, Window Flr to Ceil | Flat |
| Kitchen | 2.99 × 4.66 m | hardwood floor, Stainless Steel Appl | Flat |
| Living | 2.78 × 2.9 m | hardwood floor, Combined W/Dining, Window Flr to Ceil | Flat |
| Dining | 2.78 × 2.16 m | hardwood floor, Combined W/Living, W/O To Terrace | Flat |
| Primary | 4.39 × 3.69 m | hardwood floor, 3 Pc Ensuite, W/O To Terrace | Flat |
| Room 9 | 14.33 × 29.57 m | — | Flat |
Listing history
Buy/sell history for 308-2230 Lake Shore Blvd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $545,000 | N/A | Sc | W14109362 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $109,000
- Total mortgage amount
- $436,000
- Total interest payment
- $310,100
- Total purchase cost
- $855,100
- Mortgage payment
- $2,487/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
6%Monthly carrying cost
$3,680- Carrying cost $3,680
- Surplus $420
Rental income opens at $4,100, the median asking rent of 23 comparable homes for lease in Mimico. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $7,375
- Toronto municipal land transfer tax
- $7,375
- Total land transfer tax
- $14,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,275
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $545,000
- $2,900
- Ontario total
- $7,375
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,375.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- In the mapped Ravine and Natural Feature Protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
16 building permits cleared at this address in the City’s file.
Sign Building Permit RelatedClosed
Proposal to erect and display three illuminated wall signs displayign static copy on the first storye of the southeast elevation, two measuring 0.91 m by 0.91 m and one measuring 3.63 m by 0.71 m. ***PHYSIO FIRST*****
Issued February 2, 2018
Building Permit Related(PS)Inspection
Plumbing - Proposal to construct interior alterations for tenant fit-up Physio Therapy
Issued November 16, 2017
Interior AlterationsInspection
Proposal to construct interior alterations for tenant fit-up Physio Therapy
Issued November 16, 2017
Building Permit Related(MS)Inspection
HVAC - Proposal to construct interior alterations for tenant fit-up Physio Therapy
Issued November 16, 2017
Building Permit Related(MS)Closed
Rev 01 - HVAC - Convert the existing vacant space to a Top Modern Nail Salon
Issued October 5, 2017
Interior AlterationsClosed
Convert the existing vacant space to a Top Modern Nail Salon
Issued April 4, 2017
Building Permit Related(PS)Closed
Plumbing - Convert the existing vacant space to a Top Modern Nail Salon
Issued April 4, 2017
Special Ventilation SystemClosed
Increase kitchen exhaust canopy and new washroom exhaust fans in an existing restaurant
Issued March 14, 2014
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
2256 LAKE SHORE BLVD WSite planUnder Review
Site Plan application for a mixed-use building composed of two towers rising to 35 and 18 storeys with a total gross floor area (GFA) of 39,699 square metres and density (FSI) of 6.28 times the area of the lot. The proposed development includes 594 residential dwelling units and 665 square metres of commercial space at-grade along Lake Shore Boulevard West, fronting onto a pedestrian plaza.
160 m away2195 LAKE SHORE BLVD WSite planUnder Review
INACTIVE To expand the existing TTC bus loop to accomodate a streetcar turnaround facility and to construct one-storey washroom facility for TTC drivers.
180 m away2194 LAKE SHORE BLVD WOfficial plan or zoning amendmentUnder Review
An Official Plan and Zoning By-law Amendment application in order to redesignate the lands (from Regeneration Areas to Mixed Use Areas and Parks and Open Spaces) for a new GO Station as well as to permit an intensified mixed-use development which would include mid-rise and tall buildings (including 15 towers with heights ranging from 28 to 70-storeys). The redevelopment of this site would be completed in multiple phases with new public and private streets, a new public park (1.25 ha), and two Squares (Station Square (4,311 square metres) and Boulevard Square (3,358 square metres)). This proposal includes a total gross floor area of approximately 701,809 square metres which would be a combination of residential (584,932 square metres), commercial (63,444 square metres), retail (36,364 square metres), and institutional/other (17,071 square metres) uses on the lands municipally known as 2150 & 2194 Lake Shore Boulevard West and 23 Park Lawn Road. This proposal includes a total of 7,504 residential units and 4,422 vehicular parking spaces. Refer to File Number 20 146496 WET 03 SB for the related Draft Plan of Subdivision application in order to establish development blocks and new streets (a total of 10 blocks).
230 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
230 m away2194 LAKE SHORE BLVD WPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
230 m away23 PARK LAWN RDSite planUnder Review
The proposed Phase 1 development
240 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Mimico right now
- For sale now
- 232
- Median asking price
- $642K
- New in 7 days
- 23
- Price cuts
- 20%
Middle half: $540K to $799K
81 in 28 days
47 listings
This home is asking 15% below the median.
See all homes in MimicoAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.3 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.3 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 3.4 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| David Hornell Junior SchoolToronto DSB | Public · grades JK–5 | 550 m | 68%Grade 3 average |
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 1.3 km | 73%Grade 3 average |
| St Leo Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.4 km | 86%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.4 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 2 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 3.7 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.8 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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