$579,800 - 11 Superior Avenue Unit TH1, Liberty Village
Condo for Sale in Liberty Village
84 days on marketNeighbourhood: Mimico
- MLS Number
- W12995500
- Property Type
- Condo
- Status
- active
- Days on Site
- 84
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- West
- Balcony
- Juliette
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
INCREDIBLE OPPORTUNITY!! Offered at a fantastic price of $612/sqft, one of the best in the area, this is an opportunity you won't want to miss. Welcome to this stunning 2-storey townhome in the heart of Mimico, where urban lifestyle meets a serene retreat. Only steps from the lake, you will fall in love with the location and convenience this property offers. Hop on the streetcar line out your front door or take a 10-minute walk to Mimico Go Train to connect directly to the center of downtown Toronto. With an open concept design, this beautiful 946 sq. ft. townhome offers 2 bedrooms, 2 updated full bathrooms, and luxury finishes throughout. The large primary suite features a 3-piece ensuite with glass shower, two double closets, and a stylish accent wall. Entertain friends and family in the modern open concept kitchen and living space, or lounge atop the roof terrace and BBQ area with striking views of the lake, marina, and city skyline.This property is ideally located west of the city close to the airport, major highways, Mimico Go Train, TTC streetcar line, Lake Ontario trails, Superior Park, lakeshore shops and restaurants, San Remo Bakery, and much more! Enjoy both the vibrancy of city living and the picturesque natural surroundings of a family-friendly neighbourhood. Additional features include one underground parking space, an owned locker, personal bike storage, and convenient ensuite laundry. The building offers fantastic amenities such as a rooftop terrace, fitness center, party room, 24-hour concierge/security guard, and visitor parking. Maintenance fees cover most of your monthly expenses, including heat and water, making homeownership easy and stress-free. Don't miss your chance to own this incredible townhome in one of Torontos most desirable lakeside communities.
Estimate your monthly payments for this property
Estimated Payment
$2,974.67/mo
Includes CMHC insurance ($16,176)
5-yr fixed avg.
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.
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
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.
11 Superior Avenue Unit TH1, Liberty Village / Parkdale / South Parkdale
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $644/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 84 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 900 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 $2,416 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.