2707 Lake Shore Blvd W

Toronto W06 | Mimico | M8V 1G6
  • 6
  • 4
  • 0

$2,990,000

Est. Mtg $10,138 /mo
  • Days on market

    210

  • Status

    Ext

Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Since listed: 3 views

Home details

MLS #:

W8289454

Property type:
Detached
Style:
2 1/2 Storey
Taxes:
$6,975
Possession:
TBD
Lot Front:
35.76   Feet
Lot Depth:
180.0   Feet
Basement:
Full |
Driveway Pkg:
4
Heat:
Gas | Radiant

Description


2707 Lake Shore Blvd W, , Toronto, Ontario is a Detached property in Toronto W06 and in the Mimico community in the M8V 1G6 postal code


A unique opportunity to own a rarely available waterfront property only 10 minutes to downtownToronto with 60 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit). The property offers an Investor or end user an opportunity to improve/densify the existing building, hold it for an investment, or build their dream waterfront home. Lower Level is 1,025 sq ft. The 900 sq ft apt includes 1 b/r, kitchen,Living/dining room, foyer, plus the laundry and furnace room. Live in the 3-level unit and collect rent! Detached 400 sq ft rear garage. Mutual drive and rear laneway access..

Extras

Mechanical updates (200 Amps,Gas Boiler, Windows, Wiring throughout, Plumbing). Suite updates. Great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers..


History

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List Date End Date List Price End Price Status MLS #
2022-11 2023-08 $3,350,000 $3,350,000 Exp W5834705
2024-04 2024-10 $2,990,000 $2,990,000 Ext W8289454
2021-05 $1 $1 W4986103
2022-11 $3,925,000 $3,925,000 W5219182
2023-08 $3,350,000 $3,350,000 W5834738
2024-10 $2,990,000 $2,990,000 W8289458

Comparables

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sold Date Address List Price sold Price DOM
2024-03 41 Superior Ave, $2,595,000 $2,600,000 5

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Toronto W06 :

Properties sold

17

Average sale price

$2,094,882

New Listings

34

Year on Year Growth

0.63%

Municipality activity All Property Types

Sale activity

Toronto W06 :

Average sale price

$1,724,688

Properties sold

24

New Listings

47

Days on Market

9

Sale $ / List $

105%

Year on Year Growth

-1.91%


Sale Chart - Detached

Toronto W06 Average Price (2 Years):

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Sale Chart - Detached

TRREB Total Average Price (2 Years):

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Estimated running costs for 2707 Lake Shore Blvd W

Based on available 3rd party data

$10854

Approximate costs per month

Mortgage
$10138 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$581 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Lake Access
  • Public Transit
  • School
  • Waterfront
Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data Source: TRREB

Payment calculator

$10719 monthly. In association with: TD Bank
%
  • Principal and Interest
    10138 /mo
  • Property Taxes
    $581 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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