- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $864at the range’s middle
- Tax a year
- $2,1572025 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 1002-88 Park Lawn Rd
1002-88 Park Lawn Rd is a 1-bedroom, 1-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $475,000 (MLS® W13775020).
Welcome To 88 Park Lawn Rd #1002, A Stunning Residence In The Heart Of South Etobicoke's Vibrant Waterfront Community. This Beautifully Designed Suite Offers A Seamless Blend Of Modern Style And Everyday Comfort, Featuring A Bright Open-Concept Layout, Floor-To-Ceiling Windows, And A Private Balcony Showcasing Breathtaking City And Lake Views. The Contemporary Kitchen Is Equipped With Sleek Cabinetry, Stone Countertops, And Quality Appliances, Perfect For Both Daily Living And Entertaining. Spacious Principal Rooms And A Well-Appointed Bedroom Provide A Comfortable And Functional Living Space, Ideal For Professionals, First-Time Buyers, Or Investors. Residents Enjoy Access To Exceptional And Luxurious Building Amenities Including A Fully Equipped Fitness Centre, Indoor Pool and Outdoor Pools, Whirlpool, Sauna, Steam Room, Yoga Studio, Basketball and Squash Courts, Theatre Room, Lounge, Guest Suites, Visitor Parking, Party Room, And 24-Hour Concierge. Located Just Steps To The Lake, Parks, Trails, Restaurants, And Shopping, With Easy Access To Major Highways (DVP, 427 and QEW) And Transit (501 Streetcar), Along With The Soon To Come Park Lawn GO Station, This Prime Location Offers The Perfect Balance Of Urban Convenience And Waterfront Living.A Rare Opportunity To Own In One Of Etobicoke's Most Sought-After Communities.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even45/100−$423/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 49 condos with 1 bedroom 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
- $2,157 / 2025
- MLS® number
- W13775020
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc 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
- All Appliances and ELFs
- Condo maint.
- $475
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1002-88 Park Lawn Rd, 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 | $475,000 | N/A | For Sale | W13775020 |
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
- $95,000
- Total mortgage amount
- $380,000
- Total interest payment
- $270,400
- Total purchase cost
- $745,400
- Mortgage payment
- $2,168/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$2,823- Rent $2,400
- Shortfall $423
Rental income opens at $2,400, the median asking rent of 49 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
- $5,975
- Toronto municipal land transfer tax
- $5,975
- Total land transfer tax
- $11,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $3,475
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 $475,000
- $1,500
- Ontario total
- $5,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $5,975.
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 Kassaundra Dobson, Broker of Record 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
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
23 PARK LAWN RDOfficial 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).
210 m away23 PARK LAWN RDSite planUnder Review
The proposed Phase 1 development
210 m away23 PARK LAWN RDPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
210 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).
320 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).
320 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
320 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
- 233
- Median asking price
- $635K
- New in 7 days
- 22
- Price cuts
- 20%
Middle half: $540K to $799K
80 in 28 days
47 listings
This home is asking 25% below the median, lower than three quarters of them.
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 | 2.9 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.4 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 | 600 m | 68%Grade 3 average |
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 1.1 km | 73%Grade 3 average |
| St Mark Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.2 km | 61%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.1 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.6 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2 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
Similar Active Listings
Recently sold nearby
Sold prices in Mimico are shown to signed-in members.