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New2 hours ago

1609 - 2045 Lake Shore Boulevard

Mimico, Toronto

$938,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Luxury living at 'The Palace Pier' elegant, secure and friendly environment in one of Toronto's most desirable residence located in nine acres of beautifully landscaped property on the shores of Lake Ontario just 15 minutes from Downtown or Pearson international airport by car or private shuttle bus that takes you to Financial & Theatre Districts and all the city has to offer. Enjoy the outdoors with quick access to the parks & more.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,733
LockerOwned
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,998
mls© NumberW13825156
Listed ByRE/MAX EXPERTS
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes 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%
$4,801
Property tax
$250
Heat allowance
$150
Condo fees, half counted
$867
Housing costs
$6,067 / mo

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

Down payment20% · $187,600
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$3,947 / mo
Cash down
$187,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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Comparable sales

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