Re-listed 19 days ago

87 Lake Cres, Toronto, Ontario M8V 1W2

Detached
3 + 1
4
~2000-2500 sqft
$•••,•••
$1,949,999
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Detached
3 + 1
4
~2000-2500 sqft

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Highlights

Property Estimate

Days on market19 days

Total days on market
85 days

Estimated valueNot available

Price/Sqft$877/sqft

Monthly cost

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+13

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

Beauty By The Lake. This "larger than most" executive residence (3+1 bedrooms, 4 baths) has over 2800 SF of living space and was custom built with care, combining refined downtown polish with a quieter, lasting beauty. The main floor is thoughtfully arranged for both daily living and entertaining. A sunken foyer creates a graceful arrival, leading to a raised family room with gas fireplace and exposed brick; warmth and character in equal measure. The full-height kitchen is designed for those who appreciate function and form: white on white cabinetry, stainless steel appliances, a walk-in pantry, and timeless detailing. Dining and living rooms feature coffered ceilings and open seamlessly to a garden that evokes the romance of Tuscany. Upstairs, natural light defines the space. Vaulted ceilings and skylights elevate the generous proportions. The primary suite offers a walk through closet with built-ins, a double vanity, and a curbless shower details chosen for comfort and ease. Wainscoting lends a sense of heritage. Secondary bedrooms are spacious, with organized double closets. The five-piece bath recalls a boutique hotel, complete with soaker tub and stand alone shower. The lower level continues the homes scale and flexibility, with a separate entrance from the garage, walkout to the yard, high ceiling laundry, and a recreation room/ +1 bed with wet bar. This space adapts effortlessly whether for entertaining, play, or a private in-law/guest suite. Outdoors, the rear yard offers privacy and calm: a pergola, established plantings, and the sense of retreat that makes a home feel complete. A private drive and garage add convenience, while curb appeal reflects true presence. Located in lakeside Mimico steps to the waterfront, GO, TTC, cafes, and dining this is classic design, built to last.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size3,133 SqFt(125 x 25.07)
Parking Spaces3
MLS ®NumberW12455630
Community NameMimico
Data SourceTRREB
Listing byRE/MAX REALTY SPECIALISTS INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Sep Entrance

Main Floor

Kitchen

3.9 x 3.99

Stainless Steel Appl / Pot Lights / Pantry

Dining

4.29 x 2.7

hardwood floor / Coffered Ceiling / Combined W/Family

Family

4.93 x 2.89

hardwood floor / Coffered Ceiling / W/O To Deck

Bathroom

2.1 x 1.67

2 Pc Bath


Features

Lot size: 3,133 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 2

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
19 days on market
history photo preview49
Listing by trreb®

Market Data - Mimico

Geo Zone Map ThumbnailMimico

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

17 days

2023

13 days

2022

17 days

New Listings

Past 30 days

40 listings

Compared to

2024

34 listings

2023

35 listings

2022

30 listings

Units sold

Past 30 days

14 units

Compared to

2024

13 units

2023

14 units

2022

7 units

Median Sold Price

Past 30 days

$1,152,500

Compared to

2024

$1,202,000

2023

$1,332,500

2022

$1,140,000


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

0 to 19
18%
20 to 34
23%
35 to 49
23%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

What’s nearby?Essentials within 5 km

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Estimated Budget