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2585 Lakeshore Boulevard, Mimico M8V 1G3

Price

$1,399,000

Bedrooms

5 Beds

Bathrooms

3 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$7209.07

Description

Welcome To 2585 Lakeshore Blvd W; Where Lake VIEWS Are Truly A SHORE Thing. Step Inside This Rarely Offered Detached Two Storey Home, Perfectly Tucked Away In A Prestigious Pocket Of Old Mimico, South Of Lakeshore Blvd. Set On A Quiet Dead End Street With Lake Ontario Less Than 200 Metres Away, This Exceptional Property Sits On A Prime 60 X 125 Ft Corner Lot Surrounded By Multi Million Dollar Homes. Offering Just Under 2,300 Sq Ft Of Living Space, This Home Features Five Bedrooms, Two Kitchens With Eat In Breakfast Areas, And A Spacious Living And Dining Room Showcasing Coffered Ceilings, Original Hardwood Flooring, And A Stunning Original Wood Staircase. A Finished Basement Apartment With Separate Entrance Provides Excellent Flexibility For Extended Family Living Or Additional Rental Income. The Exterior Offers Two Separate Driveways With Parking For Up To Six Vehicles, While Public Transit Is Just Steps From Your Door. This Is A Rare And Versatile Opportunity With Broad Appeal. End Users Can Move In And Renovate At Their Own Pace While Preserving The Home's Classic Character. Builders Can Create A Custom Dream Home In A Highly Coveted Location. Investors May Rent As Three Separate Units, While Developers Can Explore The Potential For A Multiplex With A Garden Suite, Subject To Approvals. A True Lakeside Opportunity Without The Waterfront Price Tag.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,127 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,119,200

Total Interest Payments

$690,055

Total Payment (Principal + Interest)

$1,809,255

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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5 Beds|5 Baths|2000-2500 Sq.Ft.

Listed By: SELLING MIDNIGHT INC.

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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