$800K · 2 bed Condo Apartment · Unit 606, 2111 Lake Shore Boulevard, Toronto, Ontario M8V 1A1

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About this home

Welcome to Newport Beach South Tower in the community of Mimico in the great City of Toronto.This well-maintained 2-bedroom, 2-bath suite offers 1,060' of functional living space with soaring 9-ft ceilings and a desirable layout with a view of lake Ontario. The bright west exposure fills the home with natural light and showcases breathtaking views, with a walk-out to a private balcony where BBQs are permitted. The spacious primary suite along with a massive living dining experience offer an old…

Property details

MLS#

W12397273

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

None

Style

1 Storey/Apt

Type

Condo Apartment

Year built

2003

Occupancy: Owner Occupied
Washrooms: 4 pc · Flat; 3 pc · Flat
Family room: No
Central vacuum: No
Ensuite laundry: No

Foundation: Concrete
Property features: Fenced Yard, Hospital, Park, Public Transit, Waterfront, Clear View

View: City, Garden, Panoramic, Park/Greenbelt, Skyline, Water

Waterfront: Yes
Water view: Direct
Water body: Lake Ontario
Shoreline: Unknown
Waterfront features: Other

Condo corp #: 1352
Balcony: Open
Locker: Owned
Association amenities: BBQs Allowed, Bike Storage, Concierge, Exercise Room, Media Room, Party Room/Meeting Room
Fees include: Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Exterior: Concrete, Metal/Steel Siding · Landscape Lighting, Landscaped, Lighting, Patio, Privacy
Fronting on: —
Cross street: Lake Shore Blvd/Park Lawn Rd
Stories: 6
Utilities: —
Laundry: Ensuite, Laundry Closet
Interior: Carpet Free, Primary Bedroom - Main Floor, Storage Area Lockers, Separate Heating Controls, Wheelchair Access
Parking features: —

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $800,000✓ $3,122 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$6,924/mo

incl. closing costs (yr 1)

Annual total

$83,087

year 1

Mortgage only

$3,035/mo

principal + interest

Beyond mortgage

$2,391/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$160,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$260/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$8,000/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$86/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$12,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $36,419/yr

Property taxes19% $15,597/yr

Utilities5% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance10% $8,000/yr

Condo fees15% $12,411/yr

Closing costs6% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$36,419	$3,035/mo
Government & taxes
Property tax	$3,122	$260/mo
Land transfer tax(closing)	$12,475	$1,040/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,000	$667/mo
Condo fees
Condo / HOA fees	$12,411	$1,034/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$83,087	$6,924/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 606

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