11 Superior Avenue Unit 811, Toronto W06

Price: $569,900

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13047952

Stunning and unique! Large, airy and bright! This 1 bedroom, corner unit is 744 square feet (+balcony!) and features a completely open concept living space with stunning views. Working from home never felt this comfortable. An artist's haven! This unit is really nothing like the rest (*one of only 2 units in the building*). Upgrades throughout including luxury laminate flooring, large kitchen with quartz counters and oversize island, large windows with custom blinds, large balcony and includes owned parking and locker. This unit is west and north facing - with private exposure. Enjoy stunning sunsets and amazing views of the lake, the Lake Shore and the neighbourhood. Nestled right on the Lake Shore, but conveniently away from the chaos, discover the charm and character of Old Mimico. Built in 2015, the desirable quiet, low-rise boutique style building is a pleasure to call home. Building great amenities include rooftop terrace, gym, party room, concierge and visitor parking. Steps from the lake, Superior Park, transit, shops, restaurants, bars-every amenity imaginable with convenient grocery across the street. TTC at your door step and a short walk to Mimico GO Station. Easy Access to the Gardiner Expressway/ QEW. Explore miles of waterfront walking and cycling trails and much more!

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$569,900 - 11 Superior Avenue Unit 811, Liberty Village

Condo for Sale in Liberty Village

71 days on market

Neighbourhood: Mimico

1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13047952
Property Type
Condo
Status
active
Days on Site
71
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Stunning and unique! Large, airy and bright! This 1 bedroom, corner unit is 744 square feet (+balcony!) and features a completely open concept living space with stunning views. Working from home never felt this comfortable. An artist's haven! This unit is really nothing like the rest (*one of only 2 units in the building*). Upgrades throughout including luxury laminate flooring, large kitchen with quartz counters and oversize island, large windows with custom blinds, large balcony and includes owned parking and locker. This unit is west and north facing - with private exposure. Enjoy stunning sunsets and amazing views of the lake, the Lake Shore and the neighbourhood. Nestled right on the Lake Shore, but conveniently away from the chaos, discover the charm and character of Old Mimico. Built in 2015, the desirable quiet, low-rise boutique style building is a pleasure to call home. Building great amenities include rooftop terrace, gym, party room, concierge and visitor parking. Steps from the lake, Superior Park, transit, shops, restaurants, bars-every amenity imaginable with convenient grocery across the street. TTC at your door step and a short walk to Mimico GO Station. Easy Access to the Gardiner Expressway/ QEW. Explore miles of waterfront walking and cycling trails and much more!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,923.88/mo

Includes CMHC insurance ($15,900)

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5-yr fixed avg.

Principal: $512,910Interest: $348,355
Mortgage Amount$528,810
Total Interest$348,355
Est. Property Tax$404/mo
Total Cost$877,165

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

11 Superior Avenue Unit 811, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$404
Insurance (est.)-$119
Net Cash Flow+$822

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 $814/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 71 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 700 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.

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.

Investment Perspective

Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    11 Superior Avenue Unit 811 | $569,900 | Battaglia Team