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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13550436For SaleCondominium

3305-2045 Lake Shore Blvd

Mimico, Toronto, Ontario M8V 2Z6

Map
1 / 16
3305-2045 Lake Shore Blvd, Toronto, photo 1
Asking$2,188,000
Bedrooms
3
Bathrooms
3
Size
3,000–3,249sq ft
Per sq ft
$700at the range’s middle
Tax a year
$8,1722026 tax year
Parking
22 underground
Days on market
Members

The brief

About 3305-2045 Lake Shore Blvd

3305-2045 Lake Shore Blvd is a 3-bedroom, 3-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $2,188,000 (MLS® W13550436).

Palace Pier. Can see right across the Lake and incredible view of downtown Toronto Skyline!. Over 3000 square feet with 2 Parking spots and a locker. Renovated!. Valet Parking and Great Amenities. Two Squash Courts, Gym, Games Room, Table Tennis, Spa and Restaurant. Some of the pictures were taken one year ago. **EXTRAS** All appliances and window coverings. Fireplace in Living Room and Ensuite Laundry.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$10,308/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
$8,172 / 2026
MLS® number
W13550436
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
3000-3249 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: ROYAL LEPAGE TERREQUITY REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Mimico
Municipality
Toronto

Building

Size
3000-3249 sqft
Construction
Concrete

Inside

Bedrooms
3
Bathrooms
3
Bathroom Details
1 × 4pc Flat, 1 × 3pc Flat, 1 × 2pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Water

Additional

Fireplace
Yes
Den
No
Family room
No
Extras
Thermador Fridge, Stove, Double Oven, Dishwasher, Panasonic Microwave, Clothes Washer, Clothes Dryer
Condo maint.
$3,744

Rooms

RoomSizeFeaturesLevel
Foyer2.9 × 6.19 mDouble Closet, hardwood floor, Double ClosetFlat
Kitchen4.6 × 5.6 mCentre Island, Quartz Counter, UpdatedFlat
Living8.1 × 8.2 mFireplace, Overlook Water, South ViewFlat
Dining4.0 × 6.2 mOverlook Water, South View, hardwood floorFlat
Primary5.7 × 6.5 m5 Pc Ensuite, East View, North ViewFlat
Br3.0 × 5.7 mDouble Closet, hardwood floor, North ViewFlat
Br3.0 × 5.7 mDouble Closet, hardwood floor, North ViewFlat

Listing history

Buy/sell history for 3305-2045 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 StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$2,188,000N/AExtW13550436

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $437,600

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
$437,600
Total mortgage amount
$1,750,400
Total interest payment
$1,244,500
Total purchase cost
$3,432,500
Mortgage payment
$9,983/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$14,408
−$10,308per month
  • Rent $4,100
  • Shortfall $10,308

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
$41,175
Toronto municipal land transfer tax
$41,175
Total land transfer tax
$82,350
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$73,875
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 $2,000,000
$32,000
2.5% from $2,000,000 to $2,188,000
$4,700
Ontario total
$41,175

Toronto’s municipal tax uses the same brackets at this price, so it adds another $41,175.

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
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check 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

Zone

RA (x25)

By-law

569-2013

Municipality

Toronto
Residential Apartment zone (RA)
  1. 1 x25

    Site-specific exception 25: this site has rules of its own, written in the by-law.

  2. 2 Where this is written

    Chapter 15, section 15.10 of By-law 569-2013 · Exception 900.7.10(25)

  3. 3 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. 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

Changing nearby. 2 open development applications within 800 m of this home.

  • 1978 LAKE SHORE BLVD WSite planUnder Review

    Proposal for 698 dwelling units totaling 46,152 square metres of residential gross floor area and 146 square metres of retail space at grade. 250 parking spaces are provided in three levels of underground parking. Related to Rezoing 17 278471 WET 13 OZ


    600 m away

  • 125 THE QUEENSWAYOfficial plan or zoning amendmentOMB Appeal

    The re-designation of the Subject Lands will enable the proposed mixed-use development consisting of seven buildings ranging in height from 12-storeys to 50-storeys.


    660 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

Middle half: $540K to $799K

New in 7 days
22

80 in 28 days

Price cuts
20%

47 listings

This home is asking 245% above the median, higher than three quarters of them.

See all homes in Mimico

Asking 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

StationLinesDistance
Jane StationTTC subway: Line 2 Bloor-Danforth2.3 km
Runnymede StationTTC subway: Line 2 Bloor-Danforth2.3 km
Mimico GOGO Transit train: Lakeshore West2.6 km
High Park StationTTC subway: Line 2 Bloor-Danforth2.6 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.7 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

ElementaryTypeDistanceEQAO average 2024–25
St Mark Catholic SchoolToronto CDSBCatholic · grades JK–81.4 km61%Grade 6 average
Swansea Junior and Senior Junior and Senior Public SchoolToronto DSBPublic · grades JK–8 · French Immersion1.4 km79%Grade 6 average
Étienne Brûlé Junior SchoolToronto DSBPublic · grades JK–51.4 km79%Grade 3 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.7 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Etobicoke School of the ArtsToronto DSBPublic · grades 9–122.4 km68%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion2.6 km81%Grade 9 math
The Student SchoolToronto DSBPublic · grades 9–122.8 km—
ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–123.6 km69%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.

Email Kassaundra Dobson, Broker of Record