215 lakeshore Blvd E #903 is a 1-bedroom, 1-bathroom condo in Toronto, offered as an assignment of the builder's contract, listed for $450,000. It has 500-599 sq ft of living space.
1The best location in Downtown core, steps to lake Ontario. just across George brown college and sugar beach. 505 sqft lake view one bed unit with balcony .
2This is assignment sale .
3The unit will be occupied around in 15,July..2027.
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1 Bed, 1 Bath Condo in Toronto
Unit 903 at 215 lakeshore Boulevard East
The best location in Downtown core, steps to lake Ontario. just across George brown college and sugar beach. 505 sqft lake view one bed unit with balcony . This is assignment sale . The unit will be occupied around in 15,July..2027. The seller is serious to assign. Any offer is welcome to negotiate and highly appreciated.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $900 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
How assignment sales work
What changes when you buy a builder contract instead of a finished home: HST, deposits, builder consent — each checked against its official source.
1
What an assignment is
An assignment sale is when the original buyer of a new, not-yet-completed home (the assignor) sells their rights and obligations under the agreement of purchase and sale with the builder to someone else (the assignee), who then closes with the builder.
Since May 7, 2022, all assignment sales of newly constructed or substantially renovated residential housing are taxable for GST/HST. For assignment agreements entered into after May 6, 2022, an amount that reimburses the assignor's deposit to the builder can be excluded from the taxable amount when the assignment agreement states that part of the price is for that deposit reimbursement.
On a new condominium unit, the builder must hold deposit money in trust under the Condominium Act, and the new home warranty protects up to $20,000 if a deposit was not placed in trust. On a new freehold home, Tarion covers the deposit up to $60,000 on homes priced at $600,000 or less, and 10% of the price up to $100,000 above that.
Whether a unit can be assigned, and on what terms (for example the builder's written consent or an assignment fee), is set by the assignment clause of the original agreement of purchase and sale. Read that clause, with a lawyer, before you commit.
Checked against the sources above on 2026-09-25. Not legal or tax advice.
Ask before you offer
This listing's description doesn't state the original purchase price, how much deposit is paid, the occupancy date or the builder's assignment fee. The full package (the original agreement and deposit receipts) answers these.
Selling an assignment?
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Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 215 lakeshore Blvd E #903. Typical times without traffic delays; transit times aren't available yet.
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Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $450K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4988.9%On average, homes sold at or above asking.
Active listings12,789Homes for sale here right now.
Median vs prior 90 days+1.8%Compared with Apr 23 – Jul 22, 2026: prices up.
Based on 9,509 sales from Jul 22 – Oct 20, 2026 (6,751 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express920 m12 min walk
Loading schools, parks, groceries and more nearby…
Transit
King Station (Line 1)11 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)12 min walk
Queen Station (Line 1)16 min walk
Nearest subway, GO and LRT stations first, then bus and streetcar stops.
Yes. The listing describes it as an assignment: the original buyer is selling their contract with the builder, and the buyer who takes it over closes with the builder.
How much cash do I need to buy 215 lakeshore Blvd E #903?
On an assignment you typically repay the original buyer's deposit and pay any markup when the assignment is signed, then pay the builder the balance at final closing, usually with a mortgage. This listing doesn't state enough figures to work out the amounts — ask for the full package.
Is HST charged on an assignment sale?
Since May 7, 2022, assignment sales of new residential homes are taxable for GST/HST (CRA info sheet GI-120). The part of the price that reimburses the original buyer's deposit can be excluded from the taxable amount when the assignment agreement says so.
Does the builder have to approve an assignment?
Usually the original agreement of purchase and sale sets whether the unit can be assigned and on what terms — often the builder's written consent and an assignment fee. Read that clause with a lawyer before you commit.
How much is 215 lakeshore Blvd E #903 listed for?
215 lakeshore Blvd E #903 is listed at $450,000 (MLS® C14093776). Summitly updates the price as soon as the MLS® record changes.
Has the price of 215 lakeshore Blvd E #903 changed?
No — 215 lakeshore Blvd E #903 is still listed at its original asking price of $450,000.
How many bedrooms and bathrooms does 215 lakeshore Blvd E #903 have?
215 lakeshore Blvd E #903 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 215 lakeshore Blvd E #903 close to transit?
The nearest rapid-transit station is King Station (Line 1), about 870 m (about a 11-minute walk) in a straight line. Union Station is about 920 m (about a 12-minute walk), and Queen Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 215 lakeshore Blvd E #903 compare with other homes in Toronto?
Its asking price of $450,000 is about 47% below the median sold price in Toronto over the last 90 days, $845,000, across 9,509 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Where is 215 lakeshore Blvd E #903?
215 lakeshore Blvd E #903 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 215 lakeshore Blvd E #903 been on the market?
1 day — 215 lakeshore Blvd E #903 was listed on October 19, 2026.
Does 215 lakeshore Blvd E #903 have a basement, and is it finished?
The listing says 215 lakeshore Blvd E #903 has no basement.
