$469,000
For sale: Apartment

A truly exceptional 2-bedroom co-ownership on the water at Royal York & Lake Shore. Agents often describe a property as "special" or "one of a kind"-this is the real deal. Built in the 1940s, this gracious unit has the beautifully proportioned rooms, generous windows and distinctive architectural details that are increasingly hard to find today. In the living room, arched built-in shelving adds a wonderful touch of period character and charm. And then there are the views. With all but one window offering unobstructed views of Lake Ontario, looking over the building's private pool and beautiful gardens just relandscaped this year, the setting is simply spectacular. The lake is not merely nearby-it is the defining feature of the home, and the breezes from the water are magnificent. Freshly painted and wonderfully light and airy, the apartment has an effortless elegance and a calm, timeless feel. The character continues in the bathroom, complete with a charming clawfoot tub. This rare 2-bedroom offering also includes parking, a locker, and a walk in closet in the second bedroom that is like an ensuite locker, all with property taxes included in the monthly maintenance fees. A remarkable combination of classic 1940s proportions, original character, abundant natural light and extraordinary waterfront views in a coveted lakeside setting.
Sold data
Homes in Mimico took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 48, across 159 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $689,900.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 159 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Mimico) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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