2230 Lake Shore Boulevard W 508, Toronto W06

$595,000
2230 Lake Shore Boulevard W 508

$595,000

New
25d
Condo ApartmentApartment

2230 Lake Shore Boulevard W 508, Toronto W06

Total Monthly Obligation $3,483

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
25d
Score
17
Yield
5.0%
Cash on Cash
-7.4%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-W13837518
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,685.59 (2026)
Maintenance-$658.67/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Enjoy breathtaking, unobstructed views of Lake Ontario and the Toronto skyline from this beautiful 1+1 bedroom suite. With waterfront parkland helping protect the view, you'll have a front-row seat to stunning sunrises, sailboats on the lake, colourful sunsets and the sparkling city lights at night.The bright, open-concept layout features floor-to-ceiling windows that flood the space with natural light and keep the incredible scenery front and centre. Step outside onto the spacious private balcony, accessible from both the living room and primary bedroom-perfect for morning coffee, evening drinks or entertaining while taking in the waterfront views.Inside, the functional layout offers a generous primary bedroom, modern kitchen, comfortable living and dining areas, in-suite laundry, parking and a locker. The home combines everyday comfort with the relaxed feel of waterfront living.Residents enjoy an impressive range of amenities, including 24-hour concierge, indoor pool, hot tub, sauna, fitness centre, rooftop terrace with BBQs, party room, theatre room, guest suites and visitor parking. Located in Humber Bay Shores, you're just steps from waterfront parks, beaches, scenic walking and cycling trails, restaurants and everyday conveniences. With TTC nearby and easy access to the Gardiner Expressway and GO Station, getting downtown is quick and convenient.A bright, comfortable waterfront home with spectacular views, fantastic amenities and an unbeatable lifestyle in one of Toronto's most sought-after waterfront communities.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$3,483/mo
Mortgage $2,400
Monthly Loss $2,851
Principal$632
Interest$1,768
Property Tax$224
Condo Fees$659
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.6%17
10-Year IRR
8.1%
Returns Index
9.6/ 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
$29,832/yr
NOI
$13,859/yr
Net Cash Flow
-$1,245/mo
Cash Margin
-50.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.7/ 100

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

Comparables

Properties near 2230 Lake Shore Boulevard W 508

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.