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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    HomeBuySell
    For sale On market 66 daysPrice drop · $100,000 off (-6.9%)

    2585 Lake Shore Boulevard W

    Mimico·Toronto, ON··

    • 5 beds
    Toronto real estate›W12766978
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Detached Corner Lot with Double Driveways! Welcome To 2585 Lakeshore Blvd W; Where Lake VIEWS Are Truly A SHORE Thing. Step Inside This Rarely Offered Detached Two Storey Home, Perfectly Tucked Away In A Prestigious Pocket Of Old Mimico, South Of Lakeshore Blvd. Set On A Quiet Dead End Street With Lake Ontario Less Than 200 Metres Away, This Exceptional Property Sits On A Prime 60 X 125 Ft Corner Lot Surrounded By Multi Million Dollar Homes. Offering Just Under 2,300 Sq Ft Of Living Space, This Home Features Five Bedrooms, Two Kitchens With Eat In Breakfast Areas, And A Spacious Living And Dining Room Showcasing Coffered Ceilings, Original Hardwood Flooring, And A Stunning Original Wood Staircase. A Finished Basement Apartment With Separate Entrance Provides Excellent Flexibility For Extended Family Living Or Additional Rental Income. The Exterior Offers Two Separate Driveways With Parking For Up To Six Vehicles, While Public Transit Is Just Steps From Your Door. This Is A Rare And Versatile Opportunity With Broad Appeal. End Users Can Move In And Renovate At Their Own Pace While Preserving The Home's Classic Character. Home was Previously Rented For $6,400/mo. Vacant Possession For Flexible Closing. Builders Can Create A Custom Dream Home In A Highly Coveted Location. Investors May Rent As Three Separate Units, While Developers Can Explore The Potential For A Multiplex With A Garden Suite, Subject To Approvals. A True Lakeside Opportunity Without The Waterfront Price Tag.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 24, 2026Price reducedCurrentReduced$1,350,000−$100,000 (6.9%)W12766978This page
    Jul 23, 2026Previously listedNew$5,000 —W13599444View
    Jun 10, 2026SoldSold$1,320,000−$29,900 (2.2%)W13100540View
    May 8, 2026Previously listedSld$1,349,900 —W13100540View
    Feb 6, 2026ListedCurrentFor sale$1,450,000 —W12766978This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Radiant
      Air conditioning
      None
      Fireplaces
      2
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 2585 Lake Shore Boulevard W
    What's nearby

    Points of interest classified by the MLS® feed.

    • Cul de Sac/Dead End
    • Lake/Pond
    • Public Transit
    • Lake Access
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $6,632
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $601
    0.53% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,080,183
      Last 30 days
    • Median sold price
      $852,637
      Middle of the market
    • Days on market
      29 d
      Avg from list to close
    • Closed last 30d
      6,738
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 2585 Lake Shore Boulevard W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 2585 Lake Shore Boulevard W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 2585 Lake Shore Boulevard W listed for?

      2585 Lake Shore Boulevard W is listed at $1,350,000 on the MLS® (listing W12766978). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2585 Lake Shore Boulevard W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 2000-2500 sqft
  3. Detached
  4. Asking
    $1,350,000
    $0 / sqft · MLS® W12766978
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,469,049
    $1,351,525Confidence range$1,586,573
    Asking vs estimate
    ↓below
    −$119,049
    (-8.1%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 29 days — this one has been listed 66 days.

    Avg sold price
    $1,080,183
    Median sold
    $852,637
    Avg days on market
    29
    Recently sold
    6738
    See comparable sales
    AI highlights by Zara
    • Detached Corner Lot with Double Driveways!
    • Welcome To 2585 Lakeshore Blvd W; Where Lake VIEWS Are Truly A SHORE Thing.
    • A Finished Basement Apartment With Separate Entrance Provides Excellent Flexibility For Extended Family Living Or Additional Rental Income.
    • The Exterior Offers Two Separate Driveways With Parking For Up To Six Vehicles, While Public Transit Is Just Steps From Your Door.
    Ask Zara a follow-up
    Municipal
    Sewer
    Sewer
  6. Parking & garage

    3
    Garage
    Detached
    Parking spaces
    6
    Driveway
    6
  7. Interior

    6
    Basement
    Apartment, Separate Entrance, Finished
    Family room
    Y
    Kitchens
    2
    Total rooms
    10
    Laundry level
    Lower Level
    Elevator
    N
  8. Exterior & construction

    4
    Exterior
    Brick
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    Pool
    None
  9. Lot & land

    1
    Zoning
    RD(f10.5;a325;d0.4)
  10. Listing & possession

    4
    Possession
    2026-02-28T00:00:00.000-00:00
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  11. Combined estimate
    $7,233
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $6,632
    /mo
    based on the purchase price of $1,350,000
    $270,000 cash
    $1,080,000 financed
    $909,643 total interest
    Monthly payment$6,632/ month
    Principal54%$1,080,000
    Interest46%$909,643

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 450 O'Connor Drive
      Sold
      Sign in for price
      450 O'Connor Drive
      Detached
    • 36 LANGEVIN Crescent
      Sold
      Sign in for price
      36 LANGEVIN Crescent
      Detached
    • 65 Brumwell Street
      Sold
      Sign in for price
      65 Brumwell Street
      Detached
    • 15 Coverdale Crescent
      Sold
      Sign in for price
      15 Coverdale Crescent
      Detached
    • 44 Margaret Avenue
      Sold
      Sign in for price
      44 Margaret Avenue
      Detached
    • 83 Fisherville Road
      Sold
      Sign in for price
      83 Fisherville Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    2585 Lake Shore Boulevard WThis home5 / 320,002,500$1,350,000ask———
    450 O'Connor Drive4 / 53,500—
    36 LANGEVIN Crescent4 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Toronto

    Active listings within ±20% of this asking price.

    • 36 Cleethorpes Boulevard
      $1,088,000
      36 Cleethorpes Boulevard
      Detached 4 4
    • 105 Lexington Avenue
      $1,200,000
      105 Lexington Avenue
      Detached 4 3
    • 6 Donna Court
      $1,188,000
      6 Donna Court
      Detached 4 3
    • 2 Lapworth Crescent
      $1,399,000
      2 Lapworth Crescent
      Detached 4 4
    • 18 Lisburn Crescent
      $1,280,000
      18 Lisburn Crescent
      Detached 5 2
    • 502 Jane Street
      $1,499,000
      502 Jane Street
      Detached 4 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of REAL BROKER ONTARIO LTD. · displayed on Summitly per MLS® data-share rules

    2585 Lake Shore Boulevard W is a 5-bedroom, 3-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was 2585 Lake Shore Boulevard W built?

    The year built for 2585 Lake Shore Boulevard W isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  17. What is the property tax for 2585 Lake Shore Boulevard W?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2585 Lake Shore Boulevard W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on 2585 Lake Shore Boulevard W?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,350,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has 2585 Lake Shore Boulevard W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2585 Lake Shore Boulevard W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is 2585 Lake Shore Boulevard W in?

    2585 Lake Shore Boulevard W is in Mimico, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  21. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 65 Brumwell Street
    4 / 3
    2,500
    —
    15 Coverdale Crescent4 / 42,000—
    44 Margaret Avenue4 / 32,000—
    83 Fisherville Road5 / 53,500—