2 Days Ago
Highlights
Pet Friendly
Location
198 Lake Cres #309, Etobicoke, ON M8V None, CAN|Mimico
Tour 198 Lake Cres #309
Contact
Leasey Concierge (Landlord Property and Rental Management)
Our team has verified this company
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Property Overview
Combining modern comforts with practical design, the home features contemporary finishes, an efficient layout, and convenient in‑suite amenities. It is great for those seeking a low‑maintenance lifestyle with easy access to transit, parks, and nearby urban conveniences. Notable features and pros include its appealing interior, functional living space, and a location that supports both everyday needs and leisure.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Pet owners
Amenities for 198 Lake Cres #309, Mimico
Apartment Amenities
| Air Conditioning | Balcony |
| Dryer | Heating |
| Water |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
Building
| Cats OK | Dogs OK |
| Garage Attached | Onsite Laundry |
Grounds
| Garage Parking |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 198 Lake Cres #309
BEDROOMS/BATHROOMS: - 1 Bedroom - 1 Bathroom ( 4pc) PRICING: - $2300 per month UTILITIES: - Hydro Extra - Heat and Water Included MOVE IN DATE: - Avail July 1, 2026 PARKING/LOCKER: - 1 Spot Included - 1 Locker Included ____________________________________ 2240 LAKE SHORE BLVD. W. SUITE 309 SPECIFICS: - Appliances: Fridge, Stove, Dishwasher, B/I Microwave, Washer and Dryer - Contemporary kitchen complete with stone countertops, stainless steel appliances, and a convenient breakfast bar - Bright open-concept living, dining, and kitchen area with walk-out to a private terrace - Spacious bedroom with direct terrace access - Laminate flooring throughout - Convenient ensuite laundry - Steps to Humber Bay Park East, the Martin Goodman Trail, waterfront cafés and restaurants, Metro, and convenient TTC and Gardiner access for an easy commute downtown. - Excellent Walk Score of 85/100 - Professionally managed by Landlord Property and Rental Management Inc.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 198 Lake Cres #309 compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Address details
| Neighborhood | Mimico |
|---|---|
| Post code | M8V None |
| Type | Apartment for rent |
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Rent trends in Mimico
1-bedroom apartments at 198 Lake Cres #309 cost about 25% more than the average rent price for 1-bedroom apartments in Toronto.
Median rents as of May 23 2026.
Mimico
Toronto
| Month | Median Rent |
|---|---|
| June 2024 | $2,399 |
| July 2024 | $2,386 |
| August 2024 | $2,384 |
| September 2024 | $2,366 |
| October 2024 | $2,347 |
| November 2024 | $2,312 |
| December 2024 | $2,300 |
| January 2025 | $2,300 |
| February 2025 | $2,303 |
| March 2025 | $2,300 |
| April 2025 | $2,281 |
| May 2025 | $2,257 |
| June 2025 | $2,242 |
| July 2025 | $2,222 |
| August 2025 | $2,200 |
| September 2025 | $2,193 |
| October 2025 | $2,171 |
| November 2025 | $2,150 |
| December 2025 | $2,150 |
| January 2026 | $2,149 |
| February 2026 | $2,129 |
| March 2026 | $2,102 |
| April 2026 | $2,100 |
| May 2026 | $2,099 |
| Month | Median Rent |
|---|---|
| June 2024 | $2,168 |
| July 2024 | $2,167 |
| August 2024 | $2,158 |
| September 2024 | $2,097 |
| October 2024 | $2,080 |
| November 2024 | $2,008 |
| December 2024 | $2,081 |
| January 2025 | $2,124 |
| February 2025 | $2,012 |
| March 2025 | $2,075 |
| April 2025 | $2,150 |
| May 2025 | $2,058 |
| June 2025 | $1,980 |
| July 2025 | $1,950 |
| August 2025 | $1,874 |
| September 2025 | $1,805 |
| October 2025 | $1,823 |
| November 2025 | $1,815 |
| December 2025 | $1,797 |
| January 2026 | $1,812 |
| February 2026 | $1,847 |
| March 2026 | $1,888 |
| April 2026 | $1,851 |
| May 2026 | $1,844 |
Affordability calculator
Can I afford to live at 198 Lake Cres #309?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 1-bedroom monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
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Internet available near 198 Lake Cres #309
Neighborhood
Mimico | Toronto, ON
Getting around Etobicoke near 198 Lake Cres #309
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 198 Lake Cres #309, Etobicoke
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
10/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
2/10
Some bars within walking distance
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