3845 Lakeshore Blvd #1506 is a 2-bedroom, 1-bathroom condo in Toronto, listed for $398,500. It has 700-799 sq ft of living space.
1The primary bedroom offers a walk-in closet and stunning morning sunrise views.
2Step out from the living and dining area onto a spacious balcony and take in clear, unobstructed views of Lake Ontario and the Toronto skyline to the East.
3Ideally located close to GO Transit, TTC, Highway 427 and the Gardiner Expressway, making commuting a breeze.
Lakeside Living in Sought-After South Etobicoke! Enjoy beautiful views of Lake Ontario in this inviting 2-bedroom, 1-bathroom suite featuring an open-concept living and dining area, highlighted by a charming bow window overlooking the water. The primary bedroom offers a walk-in closet and stunning morning sunrise views. A convenient stacked washer and dryer add to the suite's functionality. Step out from the living and dining area onto a spacious balcony and take in clear, unobstructed views of Lake Ontario and the Toronto skyline to the East. Ideally located close to GO Transit, TTC, Highway 427 and the Gardiner Expressway, making commuting a breeze. Enjoy easy access to nearby schools, parks and recreational facilities. A wonderful opportunity to enjoy lakeside living with convenient access to everything the city has to offer! Ready for some TLC, this condo offers the perfect opportunity to bring your own style and ideas to life.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $569 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 3845 Lakeshore Blvd #1506
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 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
3845 Lakeshore Blvd #1506 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14131534$398,500
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 3845 Lakeshore Blvd #1506 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 →
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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
$1,958
/mo
based on the purchase price of $398,500
$79,700 cash
$318,800 financed
$268,513 total interest
Principal54%$318,800
Interest46%$268,513
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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 $399K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5227.1%On average, homes sold at or above asking.
Active listings12,299Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 3 – Aug 1, 2026.
Based on 9,067 sales from Aug 1 – Oct 30, 2026 (7,001 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3845 Lakeshore Blvd #1506
How much is 3845 Lakeshore Blvd #1506 listed for?
3845 Lakeshore Blvd #1506 is listed at $398,500 (MLS® W14131534). Summitly updates the price as soon as the MLS® record changes.
Is $398,500 a good price for 3845 Lakeshore Blvd #1506?
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 3845 Lakeshore Blvd #1506 changed?
No — 3845 Lakeshore Blvd #1506 is still listed at its original asking price of $398,500.
How many bedrooms and bathrooms does 3845 Lakeshore Blvd #1506 have?
3845 Lakeshore Blvd #1506 has 2 bedrooms and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 3845 Lakeshore Blvd #1506?
About $1,958 a month — principal and interest on $398,500 with 20% down ($79,700), 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 3845 Lakeshore Blvd #1506 compare with other homes in Toronto?
Its asking price of $398,500 is about 53% below the median sold price in Toronto over the last 90 days, $840,000, across 9,067 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 3845 Lakeshore Blvd #1506 been sold before?
Summitly has no earlier MLS® sale or lease of 3845 Lakeshore Blvd #1506 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3845 Lakeshore Blvd #1506?
3845 Lakeshore Blvd #1506 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3845 Lakeshore Blvd #1506 been on the market?
3845 Lakeshore Blvd #1506 was listed today (October 30, 2026).
What is the price per square foot of 3845 Lakeshore Blvd #1506?
About $499 to $569 per square foot: the asking price of $398,500 over the 700–799 sq ft the listing gives as its size range.
Does 3845 Lakeshore Blvd #1506 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 3845 Lakeshore Blvd #1506 have a basement, and is it finished?
The listing says 3845 Lakeshore Blvd #1506 has no basement.
