For SaleCondo Apt · ApartmentMLS® #W14177168 · TRREB MLS®
312-2240 Lake Shore Blvd, Toronto, Ontario
Mimico, Toronto, Ontario M8V 0B1
- Bedrooms
- 2+1
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$549,000
About 312-2240 Lake Shore Blvd
312-2240 Lake Shore Blvd is a 2+1-bedroom, 2-bathroom condo in Mimico, Toronto, listed for sale at an asking price of $549,000 (MLS® W14177168).
Need a room for guests, a nursery, a teen or a real home office? This rare 2+1 delivers. The enclosed den has a door and the size to flex for whatever your life needs next. Then there's the view: this sunny south-facing suite looks out over Lake Ontario, the marina, Humber Bay Parks & the CN Tower skyline, with no buildings in the way obstructing your view. The full-length balcony runs across the suite, with walkouts from the living room & primary bedroom. Not a fan of heights? This 3rd-floor suite is ideal: close to the ground, yet high enough to take in the lake views. Situated on the top floor of the podium, the suite extends beyond the tower above, so there is no resident overhead for a quieter, more peaceful home. Penthouse living but on the 3rd floor! Thoughtfully updated in summer 2025: the kitchen was gutted and rebuilt w/ custom cabinetry incl pullouts & deep drawers, quartz counters & backsplash, ceramic floors, new sink & fixtures, stainless steel appliances. Bathrooms were renovated with new vanities, mirrors, fixtures, toilets & ceramic floors. New foyer tile and closet doors, custom roller blinds, updated lighting, a new washer & dryer, and fresh paint on every wall, ceiling, door & trim. The primary bedroom fits a king bed, with a large walk-in closet & ensuite. The second bedroom is generously sized, with a double closet & floor-to-ceiling windows. Parking & locker are oversized and steps from the elevator. 5-star amenities: 24-hr concierge, indoor pool, hot tub, sauna, gym, yoga studio, rooftop BBQ garden, party room, theatre, library, kids' playroom, guest suites & visitor parking. Amenities are on the 2nd floor, no elevator needed. Common areas are getting a beautiful refresh: lobby nearly done, 3rd floor up soon. Steps to groceries, cafes & restaurants, and the summer Saturday farmers' market. Minutes to the waterfront trails & parks along Marine Parade Dr. Transit at your door; Mimico GO is a 5-minute drive. Two pets welcome, any size or weight.
Insights
Condition Score
Good2 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs+$443/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 24 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.
Key facts
- Tax
- $3,246 / 2026
- MLS® number
- W14177168
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Mimico
- Municipality
- Toronto
Building
- Size
- 900-999 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- SS Fridge, Stove, Microwave, Dishwasher, Washer & Dryer. All electrical light fixtures and window blinds. One owned parking spot and one owned locker. Bike storage available. Furniture available for sale and to be negotiated separately.
- Condo maint.
- $932
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.08 × 3.73 m | hardwood floor, W/O To Balcony, South View | Flat |
| Dining | 1.99 × 4.5 m | hardwood floor, Combined W/Living, South View | Flat |
| Kitchen | 2.56 × 3.94 m | Renovated, Centre Island, Custom Backsplash | Flat |
| Primary | 2.92 × 6.64 m | 3 Pc Ensuite, W/O To Balcony, W/I Closet | Flat |
| Br | 3.01 × 3.73 m | Double Closet, Window Flr to Ceil, South View | Flat |
| Den | 2.19 × 2.94 m | Separate Rm, hardwood floor | Flat |
Map and tour
Condos for sale in Mimico right now
- For sale now
- 229
- Median asking price
- $635K
Middle half: $548K to $799K
This home is asking 14% below the median.
See all homes in MimicoAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
Changing nearby. 6 open development applications on this home’s street within 800 m.
2256 LAKE SHORE BLVD WSite planUnder Review
Site Plan application for a mixed-use building composed of a 37-storey tower and a 10-storey building, connected via a 6-storey base building. The proposed development includes 575 residential dwelling units and 629 square metres of commercial space at-grade along Lake Shore Boulevard West, fronting onto a pedestrian plaza and a 563-square metre parkland dedication.
90 m away2195 LAKE SHORE BLVD WSite planUnder Review
INACTIVE To expand the existing TTC bus loop to accomodate a streetcar turnaround facility and to construct one-storey washroom facility for TTC drivers.
260 m away2194 LAKE SHORE BLVD WOfficial plan or zoning amendmentUnder Review
An Official Plan and Zoning By-law Amendment application in order to redesignate the lands (from Regeneration Areas to Mixed Use Areas and Parks and Open Spaces) for a new GO Station as well as to permit an intensified mixed-use development which would include mid-rise and tall buildings (including 15 towers with heights ranging from 28 to 70-storeys). The redevelopment of this site would be completed in multiple phases with new public and private streets, a new public park (1.25 ha), and two Squares (Station Square (4,311 square metres) and Boulevard Square (3,358 square metres)). This proposal includes a total gross floor area of approximately 701,809 square metres which would be a combination of residential (584,932 square metres), commercial (63,444 square metres), retail (36,364 square metres), and institutional/other (17,071 square metres) uses on the lands municipally known as 2150 & 2194 Lake Shore Boulevard West and 23 Park Lawn Road. This proposal includes a total of 7,504 residential units and 4,422 vehicular parking spaces. Refer to File Number 20 146496 WET 03 SB for the related Draft Plan of Subdivision application in order to establish development blocks and new streets (a total of 10 blocks).
300 m away2194 LAKE SHORE BLVD WSite planUnder Review
The proposed Phase 1 development
300 m away2194 LAKE SHORE BLVD WPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
300 m away23 PARK LAWN RDPlan of subdivisionUnder Review
Draft Plan of Subdivision in order to establish development blocks and new streets (a total of 10 blocks).
300 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.
Land transfer tax on this home
- Ontario land transfer tax
- $7,455
- Toronto municipal land transfer tax
- $7,455
- Total land transfer tax
- $14,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,435
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 $549,000
- $2,980
- Ontario total
- $7,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- In the mapped Ravine and Natural Feature Protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City 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.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation5
- Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.At the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m46 test or monitoring holes also recorded.250 m
- Groundwater recorded about 1.8 m below ground nearbyThe middle water level in the well records within 500 m (211 records). It changes with the season and from spot to spot.500 m
- Bedrock about 7.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
- 10 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 6.4 km6.4 km
- Mapped parcel: about 37,450 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · City of Toronto property boundaries
Around the home3
- Nearest rail line: 420 m420 m
- A trail or path within 1 km1 km
- At least 2 licensed child care centres within 1 kmFrom Ontario’s list of licensed child care centres. It does not show available spaces, fees or waiting lists.1 km
Province of Ontario open data · Provincial and municipal trail maps
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Humber Treatment Plant, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless up to 25/5 Mbps. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Permit history
21 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Closed
HVAC - Proposal to construct interior alterations for a hair salon.
Issued December 27, 2023
Building Permit Related(PS)Closed
Plumbing - Proposal to construct interior alterations for a hair salon.
Issued December 27, 2023
Interior AlterationsClosed
Proposal to construct interior alterations for a hair salon.
Issued November 28, 2023
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations to existing vacant ground floor unit 106 for a hair salon
Issued February 25, 2019
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to existing vacant ground floor unit 106 for a hair salon
Issued February 25, 2019
Interior AlterationsClosed
Proposal for interior alterations to existing vacant ground floor unit 106 for a hair salon
Issued February 14, 2019
Electromagnetic LocksPermit Issued
Proposal to install 2 mag locks on the 2nd floor of the existing multiple use building.
Issued July 25, 2017
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations for new yoga studio (Group D occupancy in high-rise residential/multi-use building).
Issued August 23, 2016
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| David Hornell Junior SchoolToronto DSB | Public · grades JK–5 | 500 m | 68%Grade 3 average |
| George R Gauld Junior SchoolToronto DSB | Public · grades JK–5 | 1.2 km | 73%Grade 3 average |
| St Leo Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.3 km | 86%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.4 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.9 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 3.6 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 4.9 km | 69%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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.3 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 3.2 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.4 km |
| Runnymede Station | TTC subway: Line 2 Bloor-Danforth | 3.5 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 3.7 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.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Mortgage Calculator
Plan with the current asking price
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
- $109,800
- Total mortgage amount
- $439,200
- Total interest payment
- $312,300
- Total purchase cost
- $861,300
- Mortgage payment
- $2,505/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
6%Monthly carrying cost
$3,707- Carrying cost $3,707
- Surplus $443
Rental income opens at $4,150, the median asking rent of 24 comparable homes for lease in Mimico. Type over it with the rent you expect. This is a planning tool, not advice.