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505 - 88 Park Lawn Road
Mimico, Toronto
$979,000
Discover the exceptional lifestyle offered at South Beach Condos, a Miami-inspired residence in the heart of Humber Bay Shores. This immaculate corner suite features two bedrooms plus a den, two bathrooms, and southwest views showcasing partial lake views, the surrounding conservation lands. Freshly painted, professionally cleaned, and ready to move into, the suite also features brand-new, recently installed vinyl flooring. The bright and spacious layout is enhanced by an abundance of natural light, elegant finishes, and premium European stainless-steel appliances. One parking space and one locker are included. Step onto the expansive private wraparound corner balcony, an ideal outdoor space for relaxing while enjoying beautiful sunrises, colourful sunsets, and the surrounding scenery. South Beach provides an impressive selection of resort-inspired amenities, including indoor and outdoor swimming pools, hot tubs, saunas, steam rooms, a fully equipped fitness center with extensive cardio equipment, basketball and squash courts, a newly renovated party room, an elegant residents' lounge, an 18-seat theatre, two billiards tables, a library, two guest suites, ample visitor parking, and 24-hour concierge and security services. The luxurious lobby and striking outdoor waterfall create a memorable entrance and reflect the building's distinctive style. This highly convenient waterfront location offers quick access to the Gardiner Expressway, Humber Bay Park East and West, Mimico Cruising Club Marina, the seasonal farmer's market, TTC, and a direct bus ride of approximately 10 minutes to Mimico GO Station. Grocery stores, the LCBO, Shoppers Drug Mart, restaurants, and cafés are all conveniently located nearby, while downtown Toronto is approximately a 20-minute drive away. Spend your evenings exploring the neighbourhood or walking along the scenic Humber Bay waterfront trails. An exceptional suite offering functional space, views, amenities, and a prime waterfront location.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $944 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,844 |
| mls© Number | W14127418 |
| Listed By | RE/MAX PROFESSIONALS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,011
- Property tax
- $320
- Heat allowance
- $150
- Condo fees, half counted
- $472
- Housing costs
- $5,954 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$183,000
gross annual household income
- Payment at 4%
- $4,120 / mo
- Cash down
- $195,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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