2580 Lake Shore Boulevard, Toronto W06

Price: $1,599,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13797870

Distinctive custom-built home in Mimico, set on a wide 49 x 113 ft lot across from prestigious lakefront residences. Transformed from its original bungalow form into a distinctive two-storey residence approximately 20 years ago, the home offers a far more contemporary layout than its original construction date suggests. With approximately 2,800 sq ft including a finished lower level, this move-in-ready home delivers character, space and flexibility. Beyond the enclosed front porch and solid wood entry door, a soaring 20-ft foyer creates a dramatic first impression. Formal living and dining rooms flank the entrance, while a bright flex room is ideal for an office, gym or TV room. The eat-in kitchen features granite counters and stainless steel appliances, opening to the rear Great Room addition (2019) - a sunken, skylit retreat with 12-ft ceilings, electric fireplace, year-round climate control and a walkout to the fenced backyard. A powder room completes the main floor. Bamboo flooring and solid wood accent walls, beams and staircases continue upstairs. The primary suite offers a private balcony, two walk-in closets and a 4-piece ensuite with double sinks and a walk-in shower. Two more bedrooms, a second balcony, open mezzanine and 3-piece bathroom complete the top floor. The finished lower level has two rooms, each with a window, offering flexibility as bedrooms, rec room, office or gym, plus a laundry/workroom, storage/utility room and cold room. Outside, the interlocking driveway parks three vehicles in tandem, with a detached garage and EV charger. Mature hedges and hydrangeas frame the front yard, while the fenced backyard offers privacy, mature evergreens and a deck. Steps from Lake Ontario's waterfront parks and trails, five minutes by car to Marine Parade Drive, with shops, restaurants, transit and schools nearby. A distinctive South Etobicoke home with space, character and versatility increasingly hard to find. See feature sheet for details.

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New Listing
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$1,599,000 - 2580 Lake Shore Boulevard, Liberty Village

Detached for Sale in Liberty Village

New — Listed 4 days ago

Neighbourhood: Mimico

5Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
W13797870
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Distinctive custom-built home in Mimico, set on a wide 49 x 113 ft lot across from prestigious lakefront residences. Transformed from its original bungalow form into a distinctive two-storey residence approximately 20 years ago, the home offers a far more contemporary layout than its original construction date suggests. With approximately 2,800 sq ft including a finished lower level, this move-in-ready home delivers character, space and flexibility. Beyond the enclosed front porch and solid wood entry door, a soaring 20-ft foyer creates a dramatic first impression. Formal living and dining rooms flank the entrance, while a bright flex room is ideal for an office, gym or TV room. The eat-in kitchen features granite counters and stainless steel appliances, opening to the rear Great Room addition (2019) - a sunken, skylit retreat with 12-ft ceilings, electric fireplace, year-round climate control and a walkout to the fenced backyard. A powder room completes the main floor. Bamboo flooring and solid wood accent walls, beams and staircases continue upstairs. The primary suite offers a private balcony, two walk-in closets and a 4-piece ensuite with double sinks and a walk-in shower. Two more bedrooms, a second balcony, open mezzanine and 3-piece bathroom complete the top floor. The finished lower level has two rooms, each with a window, offering flexibility as bedrooms, rec room, office or gym, plus a laundry/workroom, storage/utility room and cold room. Outside, the interlocking driveway parks three vehicles in tandem, with a detached garage and EV charger. Mature hedges and hydrangeas frame the front yard, while the fenced backyard offers privacy, mature evergreens and a deck. Steps from Lake Ontario's waterfront parks and trails, five minutes by car to Marine Parade Drive, with shops, restaurants, transit and schools nearby. A distinctive South Etobicoke home with space, character and versatility increasingly hard to find. See feature sheet for details.

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Estimated Payment

$7,072.92/mo

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5-yr fixed avg.

Principal: $1,279,200Interest: $842,675
Mortgage Amount$1,279,200
Total Interest$842,675
Est. Property Tax$1,133/mo
Total Cost$2,121,875

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

2580 Lake Shore Boulevard, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$2,234

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Liberty Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Liberty Village.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    2580 Lake Shore Boulevard | $1,599,000 | Battaglia Team