Welcome to Waterford Terrace, a boutique low-rise condo in the heart of Long Branch! This spacious 2-bedroom suite offers an open concept layout with plenty of natural light. The updated kitchen features stainless steel appliances, beautiful backsplash and a breakfast bar. Spacious bedrooms, 4-piece bath, ensuite laundry, separate locker and parking. This location truly has it all, steps to Long Branch shops, cafes and restaurants, waterfront parks and trails. Minutes to Long Branch GO, Hwy 427, making your commute a breeze. A great opportunity to own a spacious condo in one of South Etobicoke's most desirable neighbourhoods
2 bedrooms, 1 bathroom, about 900 sq ft, works out to roughly $600 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 3531 Lake Shore Blvd W #206
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
3531 Lake Shore Blvd W #206 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13880796$539,888
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3531 Lake Shore Blvd W #206 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,652
/mo
based on the purchase price of $539,888
$107,978 cash
$431,910 financed
$363,782 total interest
Principal54%$431,910
Interest46%$363,782
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $540K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4965.4%On average, homes sold at or above asking.
Active listings12,172Homes for sale here right now.
Median vs prior 90 days+3.7%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 9,555 sales from Jul 11 – Oct 9, 2026 (6,500 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
How much is 3531 Lake Shore Blvd W #206 listed for?
3531 Lake Shore Blvd W #206 is listed at $539,888 (MLS® W13880796). Summitly updates the price as soon as the MLS® record changes.
Is $539,888 a good price for 3531 Lake Shore Blvd W #206?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 3531 Lake Shore Blvd W #206 changed?
No — 3531 Lake Shore Blvd W #206 is still listed at its original asking price of $539,888.
How many bedrooms and bathrooms does 3531 Lake Shore Blvd W #206 have?
3531 Lake Shore Blvd W #206 has 2 bedrooms and 1 bathroom, with about 900–999 square feet of living space. It is a condo in Toronto.
Is 3531 Lake Shore Blvd W #206 close to transit?
The nearest rapid-transit station is Long Branch GO Station (Lakeshore West GO), about 1.1 km (about a 13-minute walk) in a straight line. Mimico GO Station is about 3.8 km, and Dixie GO Station is about 3.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 3531 Lake Shore Blvd W #206?
About $2,652 a month — principal and interest on $539,888 with 20% down ($107,978), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 3531 Lake Shore Blvd W #206 compare with other homes in Toronto?
Its asking price of $539,888 is about 36% below the median sold price in Toronto over the last 90 days, $850,000, across 9,555 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.
Has 3531 Lake Shore Blvd W #206 been sold before?
Summitly has no earlier MLS® sale or lease of 3531 Lake Shore Blvd W #206 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3531 Lake Shore Blvd W #206?
3531 Lake Shore Blvd W #206 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3531 Lake Shore Blvd W #206 been on the market?
3531 Lake Shore Blvd W #206 was listed today (October 9, 2026).
What is the price per square foot of 3531 Lake Shore Blvd W #206?
About $540 to $600 per square foot: the asking price of $539,888 over the 900–999 sq ft the listing gives as its size range.
Does 3531 Lake Shore Blvd W #206 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
