2230 Lake Shore Boulevard W 602, Toronto W06

$649,000
2230 Lake Shore Boulevard W 602

$649,000

New
29d
Condo ApartmentApartment

2230 Lake Shore Boulevard W 602, Toronto W06

Total Monthly Obligation $3,801

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
29d
Score
17
Yield
5.4%
Cash on Cash
-6.0%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Condo Apartment
MLS® Number-W13831358
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,038 (2026)
Maintenance-$730/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Other
Possession-TBD
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Lake Ontario views over a lush canopy of treetops set the scene for this bright corner two-bedroom suite at Beyond the Sea. Floor-to-ceiling windows wrap the living area on two sides, bringing natural light into the open-concept layout throughout the day, from morning coffee by the water to sunset over dinner. The kitchen pairs granite counters and stainless steel appliances with generous white cabinetry and a breakfast bar seating three, flowing into the living and dining space and its beautiful floors. Step out from the living room onto a spacious balcony with room for a full outdoor lounge setting and wide views of the lake, plus a second balcony overlooking the landscaped courtyard. The primary bedroom offers a quiet retreat with a custom built-in wardrobe, while the second bedroom features a full wall of built-in storage and sliding glass doors that welcome light from the main living area. Mirrored double closets at the entry, a full bath, parking and a locker round out the suite. Residents enjoy an indoor pool, whirlpool and sauna, a fitness centre and studio, a playroom, concierge service and a beautifully landscaped garden terrace with cabanas and lounge seating. Humber Bay Shores puts the waterfront trail, parks, restaurants and groceries within easy walking distance. TTC runs right at your door, the Gardiner Expressway is moments away for a quick drive downtown, and Mimico GO is a short trip. Book your private showing today.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,801/mo
Mortgage $2,618
Monthly Loss $3,112
Principal$689
Interest$1,929
Property Tax$253
Condo Fees$730
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,872/yr
NOI
$17,187/yr
Net Cash Flow
-$1,186/mo
Cash Margin
-40.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2230 Lake Shore Boulevard W 602

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.