10 Park Lawn Road Unit 625, Toronto W06

Price: $663,888

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13110406

Welcome To The Highly Sought-After Westlake Encore In The heart Of Humber Bay Shores. This Bright And Spacious 2-Bedroom + Den, Corner Suite Offers An Abundance Of Natural Light With Floor To Ceiling Windows, Unique 9'4" Ceilings, Custom Roller Shades And Newly Installed Wide Plank Laminate Flooring Throughout. The Open Concept Living And Dining Area Walks Out To A Private Balcony With Custom Outdoor Decking, Perfect For Relaxing Or Entertaining. The Modern Kitchen Is Equipped With Stainless Steel Appliances, Quartz Countertops, And Ample Cabinetry, Combining Style And Functionality. The Primary Suite Feature Two Large Closets, A 3-Piece Ensuite And Walkout To The Balcony. Freshly Renovated And Meticulously Maintained By The Original Owner, The Unit Shows Beautifully And Is Truly Move-In Ready. Incredible Building Amenities, Including An Outdoor Pool, Fitness Centre, Sauna, Guest Suites, Media/Cinema Room, Golf Simulator, Playground, BBQ Area, Concierge Service, And A Spectacular 46th-Floor Party Room With Breathtaking Panoramic City Views. Just Steps From Shops, Restaurants, Parks, And Scenic Waterfront Trails, With Easy Access To The Gardiner Expressway And Proposed Park Lawn GO Station, This Home Offers The Perfect Balance Of Urban Convenience And Lakeside Living. Includes 1 Parking Spot And 1 Locker.

10 Park Lawn Road Unit 625 - Condo photo 1 of 38 in Liberty Village / Parkdale / South Parkdale, Ontario
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$663,888 - 10 Park Lawn Road Unit 625, Liberty Village

Condo for Sale in Liberty Village

57 days on market

Neighbourhood: Mimico

3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W13110406
Property Type
Condo
Status
active
Days on Site
57
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
SUTTON GROUP-ADMIRAL REALTY INC.
Description

Welcome To The Highly Sought-After Westlake Encore In The heart Of Humber Bay Shores. This Bright And Spacious 2-Bedroom + Den, Corner Suite Offers An Abundance Of Natural Light With Floor To Ceiling Windows, Unique 9'4" Ceilings, Custom Roller Shades And Newly Installed Wide Plank Laminate Flooring Throughout. The Open Concept Living And Dining Area Walks Out To A Private Balcony With Custom Outdoor Decking, Perfect For Relaxing Or Entertaining. The Modern Kitchen Is Equipped With Stainless Steel Appliances, Quartz Countertops, And Ample Cabinetry, Combining Style And Functionality. The Primary Suite Feature Two Large Closets, A 3-Piece Ensuite And Walkout To The Balcony. Freshly Renovated And Meticulously Maintained By The Original Owner, The Unit Shows Beautifully And Is Truly Move-In Ready. Incredible Building Amenities, Including An Outdoor Pool, Fitness Centre, Sauna, Guest Suites, Media/Cinema Room, Golf Simulator, Playground, BBQ Area, Concierge Service, And A Spectacular 46th-Floor Party Room With Breathtaking Panoramic City Views. Just Steps From Shops, Restaurants, Parks, And Scenic Waterfront Trails, With Easy Access To The Gardiner Expressway And Proposed Park Lawn GO Station, This Home Offers The Perfect Balance Of Urban Convenience And Lakeside Living. Includes 1 Parking Spot And 1 Locker.

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Estimated Payment

$3,406.09/mo

Includes CMHC insurance ($18,522)

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5-yr fixed avg.

Principal: $597,499Interest: $405,805
Mortgage Amount$616,021
Total Interest$405,805
Est. Property Tax$470/mo
Total Cost$1,021,827

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

10 Park Lawn Road Unit 625, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$470
Insurance (est.)-$138
Net Cash Flow+$1,472

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $830/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 57 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    10 Park Lawn Road Unit 625 | $663,888 | Battaglia Team