2119 Lakeshore Boulevard W 607, Toronto W06

$1,050,000
2119 Lakeshore Boulevard W 607

$1,050,000

New
23d
Condo ApartmentApartment

2119 Lakeshore Boulevard W 607, Toronto W06

Total Monthly Obligation $6,399

Bed+Den
3+1
Baths
2
Park
2
Sqft
1200-1399
DOM
23d
Score
14
Yield
4.5%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Condo Apartment
MLS® Number-W13848788
Bed+Den-3+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$4,510.44 (2025)
Maintenance-$1,587.24/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-90 days
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

5 reasons why you'll LOVE this home in Mimico. (1) Breathtaking views of Lake Ontario, the Toronto skyline, and lush parkland from your massive 260 sq. ft. private balcony. (2) Three separate walkouts to balcony. (3) Rarely Offered Space That feels Like a House At an impressive 1,333 sq. ft., . Featuring 2 bedrooms + a spacious den (with easy potential for a third bedroom), 9-foot ceilings, hardwood floors, and crown moulding throughout, every inch feels bright, elegant, and inviting. The renovated kitchen is perfect for entertaining, while the primary suite offers both a walk-in closet and an additional double closet for exceptional storage. (4) This home includes two premium parking spaces, a large locker, and maintenance fees that cover heat, water and hydro, making budgeting simple and stress-free. (5) Resort-Style Amenities Every Day of the Week -including an indoor pool, hot tub, sauna, fully equipped fitness centre, skylounge, guest suites, billiards, theatre room, library, car wash, 24-hour concierge,electric car charger station and beautifully landscaped outdoor spaces. It's like having your own private resort just steps from your front door. One of Toronto's, TRULY Best Waterfront Locations- Step outside to the scenic waterfront trails, parks, beaches, marinas, cafes, and waterfront restaurants for your entire family to enjoy. You're just minutes to downtown Toronto, a short walk to Mimico GO Station, TTC streetcar access, shopping, and everyday conveniences. Plus, with the approved Park Lawn GO Station planned directly across the street, this location offers exciting long-term growth and investment potential. This isn't just "another condo", it's an opportunity to own one of Mimico's most spacious waterfront suites in a location that continues to grow in value.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$840,000
Land Transfer Taxes$17,475
Legal Fees (Est.)
$
Total cash required for closing$228,975

Total Monthly Obligation

$6,399/mo
Mortgage $4,235
Monthly Loss $5,284
Principal$1,115
Interest$3,121
Property Tax$376
Condo Fees$1,587
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
4.1%9
10-Year IRR
6.2%
Returns Index
5.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$47,616/yr
NOI
$16,897/yr
Net Cash Flow
-$2,827/mo
Cash Margin
-71.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.332
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
14.7/ 100

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

Comparables

Properties near 2119 Lakeshore Boulevard W 607

Time

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